Velarion Records

Short-term acute care hospital · Rapid City, South Dakota · 18 beds · CMS certification number 430099

Rehab & Critical Care Hospital of BL

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended October 31, 2024, as submitted, stamped by CMS April 16, 2025. Two years on file, every one shown below.

Fiscal 2024 at a glance

Net patient revenue
$7.0M
$6,970,442 · G-3 line 3
Operating expenses
$11.2M
$11,194,862 · G-3 line 4
Result from patient care
−$4.2M
−$4,224,420 · G-3 line 5
Margin on patient care
−60.6%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $7.0M in its first year on file (2024) to $1.2M in 2025.
  • Its result from patient care: −$4.2M (2024), −$2.7M (2025).
  • None of the 5 short-term acute care hospital peers below with a margin on file reports a loss on patient care for fiscal year 2024.
  • Medicaid paid for 17.5% of its inpatient days and Medicare for 60.0%.

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

Two years of filings

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

Net patient revenueOperating expenses
2024
as submitted
$7.0M
$11.2M
2025
as submitted
$1.2M
$3.9M

Beside its peers

Hospitals of the same type (short-term acute care hospital), nearest in size, from South Dakota first; each on fiscal year 2024.

HospitalBedsNet patient revenueOperating expensesMargin
Rehab & Critical Care Hospital of BL18$6,970,442$11,194,862−60.6%
Black Hills Surgical Hospital, Rapid City25$103,579,755$84,577,99718.4%
Monument Health Spearfish Hospital, Spearfish24$124,736,307$119,876,3553.9%
Same Day Surgery Center, Rapid City6$18,192,078$11,773,78435.3%
Sioux Falls Specialty Hospital, Sioux Falls33$153,799,529$112,299,14227.0%
Dunes Surgical Hospital, Dakota Dunes38$104,691,038$68,293,50434.8%

Patients and payers

Discharges
17
S-3 line 14, col 15
Inpatient days
553
S-3 line 14, col 8
Beds in use, on an average day
2.2
days ÷ days in year
Occupancy
12.2%
days ÷ bed days
Medicare share of days
60.0%
S-3 cols 6 ÷ 8
Medicaid share of days
17.5%
S-3 cols 7 ÷ 8

Who owns it

Related organizations on its own cost report: VIBRA HEALTH, healthcare.

Type of control on its cost report: proprietary, corporation.

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2024.ZIP, form CMS-2552-10, filed under CMS certification number 430099. Patients and payers: worksheet S-3 Part I of the same filing.

How this page was built: the CMS Medicare cost report, file HOSP10FY2024.ZIP, read April 16, 2025.