Velarion Records

Children's hospital · Cleveland, Ohio · 262 beds · CMS certification number 363302

University Hospitals Rainbow Babies & Children�S

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS June 30, 2026. 30 years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue
$2.7B
$2,724,922,022 · G-3 line 3
Operating expenses
$2.9B
$2,944,628,753 · G-3 line 4
Result from patient care
−$219.7M
−$219,706,731 · G-3 line 5
Margin on patient care
−8.1%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $403.8M in its first year on file (1996) to $2.7B in 2025.
  • Its result from patient care: −$63.3M (2023), −$202.8M (2024), −$219.7M (2025).
  • 3 of the 5 children's hospital peers below with a margin on file also report a loss on patient care for fiscal year 2025.
  • Medicaid paid for 6.1% of its inpatient days and Medicare for 0.3%.

Every statement is drawn from figures on this page; nothing is estimated.

30 years of filings

Net patient revenue against operating expenses, each year as filed.

Net patient revenueOperating expenses
1996
reopened
$403.8M
$395.0M
1997
settled
$364.6M
$379.6M
1998
settled with audit
$410.8M
$419.9M
1999
settled with audit
$493.4M
$538.8M
2000
settled
$472.4M
$482.1M
2001
settled
$400.5M
$505.7M
2002
settled
$468.2M
$555.2M
2003
settled
$661.7M
$714.7M
2004
reopened
$738.4M
$777.1M
2005
reopened
$831.2M
$767.2M
2006
settled
$916.5M
$815.0M
2007
reopened
$1.0B
$858.2M
2008
reopened
$1.1B
$988.5M
2009
settled
$1.1B
$1.0B
2010
settled
$1.2B
$1.1B
2011
settled
$1.3B
$1.2B
2012
settled
$1.3B
$1.2B
2013
settled
$1.3B
$1.2B
2014
settled
$1.4B
$1.3B
2015
settled
$1.5B
$1.4B
2016
reopened
$1.6B
$1.5B
2017
reopened
$1.7B
$1.6B
2018
reopened
$1.8B
$1.7B
2019
reopened
$1.9B
$1.8B
2020
reopened
$2.0B
$2.0B
2021
reopened
$2.2B
$2.2B
2022
settled
$2.2B
$2.3B
2023
amended
$2.5B
$2.6B
2024
amended
$2.5B
$2.7B
2025
as submitted
$2.7B
$2.9B

Beside its peers

Hospitals of the same type (children's hospital), nearest in size, from Ohio first; each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
University Hospitals Rainbow Babies & Children�S262$2,724,922,022$2,944,628,753−8.1%
Akron Children's Hospital, Akron381$1,376,089,553$1,381,370,506−0.4%
Cincinnati Children's Hospital Medical Center, Cincinnati719$2,876,836,000$3,458,580,969−20.2%
Dayton Childrens Hospital, Dayton182$661,365,054$624,550,9705.6%
Nationwide Children's Hospital Toledo, Toledo56$55,358,681$65,570,749−18.4%
Nationwide Children's Hospital, Columbus700$2,766,192,691$2,440,670,96011.8%

Patients and payers

Discharges
7,595
S-3 line 14, col 15
Inpatient days
46,625
S-3 line 14, col 8
Beds in use, on an average day
128.1
days ÷ days in year
Occupancy
48.8%
days ÷ bed days
Medicare share of days
0.3%
S-3 cols 6 ÷ 8
Medicaid share of days
6.1%
S-3 cols 7 ÷ 8

Who owns it

Related organizations on its own cost report: UHHS, home office.

Type of control on its cost report: voluntary nonprofit, other.

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 363302. Patients and payers: worksheet S-3 Part I of the same filing.

How this page was built: the CMS Medicare cost report, file HOSP10FY2025.ZIP, read June 30, 2026.