Velarion Records

Rehabilitation hospital · San Antonio, Texas · 145 beds · CMS certification number 453035

Warm Springs Rehabilitation Hospital of San Antonio

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended May 31, 2025, as submitted, stamped by CMS October 29, 2025. 29 years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$88.2M
$88,196,949 · G-3 line 3
Operating expenses
$70.8M
$70,771,228 · G-3 line 4
Result from patient care
$17.4M
$17,425,721 · G-3 line 5
Margin on patient care
19.8%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $16.9M in its first year on file (1997) to $88.2M in 2025.
  • Its result from patient care: $10.7M (2023), $14.8M (2024), $17.4M (2025).
  • 3 of the 5 rehabilitation hospital peers below with a margin on file also report a gain on patient care for fiscal year 2025.
  • POST ACUTE MEDICAL, LLC holds 69% of it, on its Medicare enrollment.

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

29 years of filings

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

Net patient revenueOperating expenses
1997
reopened
$16.9M
$15.9M
1998
reopened
$19.1M
$17.5M
1999
reopened
$18.9M
$16.8M
2000
reopened
$20.5M
$17.7M
2001
reopened
$20.5M
$18.8M
2002
reopened
$23.0M
$20.5M
2003
reopened
$20.3M
$21.0M
2004
settled
$23.6M
$22.0M
2005
settled
$22.6M
$20.3M
2006
settled
$21.1M
$20.2M
2007
reopened
$11.7M
$10.8M
2008
settled
$28.0M
$23.6M
2009
settled
$27.2M
$23.0M
2010
settled
$28.5M
$24.0M
2011
settled
$28.6M
$24.4M
2012
settled
$29.0M
$26.1M
2013
settled
$48.0M
$44.2M
2014
settled
$50.3M
$46.0M
2015
settled
$52.5M
$46.8M
2016
reopened
$51.7M
$47.4M
2017
reopened
$50.2M
$47.2M
2018
reopened
$57.8M
$50.6M
2019
settled
$57.6M
$52.9M
2020
reopened
$60.6M
$55.4M
2021
settled
$68.5M
$59.1M
2022
settled
$71.8M
$62.7M
2023
settled
$78.4M
$67.6M
2024
settled
$81.9M
$67.1M
2025
as submitted
$88.2M
$70.8M

Beside its peers

Rehabilitation hospitals in Texas with 100 to 199 beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Warm Springs Rehabilitation Hospital of San Antonio145$88,196,949$70,771,22819.8%
Acute Rehabilitation Hospital of Plano, Plano149$13,708,760$13,122,6694.3%
Pam Rehabilitation Hospital of Clear Lake, Webster151$85,442,586$66,766,67521.9%
Encompass Health Rehabilitation Hospital of San Antonio, San Antonio108$30,209,988$32,510,178−7.6%
Encompass Health Rehabilitation Hospital of Midland Odessa, Midland106$47,784,384$43,237,0559.5%
Tirr Memorial Hermann, Houston134$176,260,013$181,558,722−3.0%

Patients and payers

Discharges
3,845
S-3 line 14, col 15
Inpatient days
42,429
S-3 line 14, col 8
Beds in use, on an average day
116.6
days ÷ days in year
Occupancy
80.2%
days ÷ bed days
Medicare share of days
66.2%
S-3 cols 6 ÷ 8

Who owns it

  • POST ACUTE MEDICAL, LLC69%
  • ANTHONY F MISITANO34%
  • BA HEALTHCARE HOLDINGS, LLC34%
  • UNIVERSITY HEALTH SYSTEM SERVICES OF TEXAS, INC.31%
  • BRITTANY MISITANO25%

Indirect owner: PAM CUBED LLC

Related organizations on its own cost report: PAM CUBED LLC, healthcare; UNIVERSITY HEAL, healthcare.

Other hospitals with the same owner: Pam Health Rehabilitation Hospital of Surprise (AZ), Pam Specialty Hospital of Denver (CO), Cobalt Rehabilitation Hospital Denver (CO), Pam Rehabilitation Hospital of Greeley (CO), Pam Rehabilitation Hospital of Dover (DE), Pam Health Rehabilitation Hospital of Georgetown (DE), Pam Health Specialty Hospital of Jacksonville (FL), Pam Specialty Hospital of Sarasota (FL), Pam Rehabilitation Hospital of Tavares (FL), Pam Health Rehabilitation Hospital of Jupiter (FL), Pam Health Rehabilitation Hospital of Venice (FL), Pam Health Rehabilitation Hospital of Greater Indiana (IN).

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

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 HOSP10FY2024.ZIP, form CMS-2552-10, filed under CMS certification number 453035. 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 HOSP10FY2024.ZIP, read October 29, 2025.