Velarion Records

Short-term acute care hospital · Knoxville, Tennessee · 304 beds · CMS certification number 440125

Fort Sanders Regional Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS June 11, 2026. 30 years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue
$434.7M
$434,720,968 · G-3 line 3
Operating expenses
$447.7M
$447,664,847 · G-3 line 4
Result from patient care
−$12.9M
−$12,943,879 · G-3 line 5
Margin on patient care
−3.0%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $167.2M in its first year on file (1996) to $434.7M in 2025.
  • Its result from patient care: −$21.7M (2023), −$21.5M (2024), −$12.9M (2025).
  • 4 of the 5 short-term acute care hospital peers below with a margin on file also report a loss on patient care for fiscal year 2025.
  • COVENANT HEALTH holds 100% of it, on its Medicare enrollment.

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
$167.2M
$149.1M
1997
reopened
$176.1M
$154.4M
1998
reopened
$174.7M
$158.1M
1999
reopened
$153.2M
$148.0M
2000
reopened
$163.3M
$157.3M
2001
reopened
$179.7M
$167.5M
2002
reopened
$193.7M
$190.4M
2003
settled
$200.4M
$200.0M
2004
reopened
$191.2M
$191.4M
2005
reopened
$191.1M
$199.7M
2006
reopened
$190.4M
$203.8M
2007
reopened
$202.3M
$217.3M
2008
reopened
$238.2M
$240.7M
2009
reopened
$257.3M
$252.9M
2010
reopened
$272.9M
$270.9M
2011
reopened
$278.6M
$274.6M
2012
reopened
$264.4M
$265.8M
2013
reopened
$263.3M
$257.0M
2014
reopened
$285.3M
$264.6M
2015
reopened
$288.3M
$277.5M
2016
reopened
$263.3M
$271.7M
2017
reopened
$269.2M
$277.7M
2018
settled with audit
$275.3M
$286.6M
2019
reopened
$301.5M
$305.4M
2020
settled
$299.1M
$316.6M
2021
settled
$330.5M
$342.1M
2022
settled
$346.2M
$378.8M
2023
amended
$376.3M
$398.0M
2024
as submitted
$394.3M
$415.8M
2025
as submitted
$434.7M
$447.7M

Beside its peers

Short-term acute care hospitals in Tennessee with 200 to 399 beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Fort Sanders Regional Medical Center304$434,720,968$447,664,847−3.0%
Holston Valley Medical Center, Kingsport303$341,650,445$391,699,823−14.6%
Parkwest Medical Center, Knoxville357$461,127,531$482,825,525−4.7%
Saint Francis Hospital, Memphis340$278,887,378$307,996,175−10.4%
Tennova Healthcare, Knoxville293$438,905,406$382,083,85613.0%
Williamson Medical Center, Franklin337$307,033,273$322,161,081−4.9%

Patients and payers

Discharges
20,519
S-3 line 14, col 15
Inpatient days
98,577
S-3 line 14, col 8
Beds in use, on an average day
270.8
days ÷ days in year
Occupancy
88.8%
days ÷ bed days
Medicare share of days
14.1%
S-3 cols 6 ÷ 8

Who owns it

  • COVENANT HEALTH100%

Related organizations on its own cost report: FORTRESS CORPOR, property mgmt; COVENANT MEDICA, med practice mg; PARKWEST MEDICA, hospital; CH ROANE, hospital; LECONTE MEDICAL, hospital.

Other hospitals with the same owner: St. Joseph Hospital (ME), St. Marys Regional Medical Center (ME), St. Joseph Hospital of Nashua NH (NH), Cumberland Medical Center (TN), Morristown-Hamblen Healthcare System (TN), Covenant Health Roane (TN), Methodist Medical Center (TN), Claiborne Medical Center (TN), Covenant Health Leconte (TN).

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

Owners of 5% or more, from CMS’s hospital ownership file (Medicare enrollment, October 1, 2026).

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 440125. Patients and payers: worksheet S-3 Part I of the same filing. Ownership: CMS Hospital All Owners and Hospital Enrollments.

How this page was built: the CMS Medicare cost report, file HOSP10FY2025.ZIP, read June 11, 2026.