Velarion Records

Rehabilitation hospital · Dallas, Texas · 92 beds · CMS certification number 453036

Baylor Scott & White Institute for Rehabilitation

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2025, amended, stamped by CMS May 8, 2026. 29 years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$186.1M
$186,132,697 · G-3 line 3
Operating expenses
$200.1M
$200,094,728 · G-3 line 4
Result from patient care
−$14.0M
−$13,962,031 · G-3 line 5
Margin on patient care
−7.5%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $25.1M in its first year on file (1997) to $186.1M in 2025.
  • Its result from patient care: −$6.2M (2023), −$15.2M (2024), −$14.0M (2025).
  • None of the 5 rehabilitation hospital peers below with a margin on file reports a loss on patient care for fiscal year 2025.
  • SELECT MEDICAL HOLDINGS CORPORATION holds 100% 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
$25.1M
$24.0M
1998
reopened
$16.9M
$24.4M
1999
reopened
$20.1M
$21.0M
2000
settled
$23.3M
$22.6M
2001
reopened
$24.6M
$23.7M
2002
reopened
$24.6M
$26.3M
2003
reopened
$30.2M
$28.0M
2004
settled
$35.9M
$34.2M
2005
reopened
$41.9M
$41.0M
2006
reopened
$48.0M
$45.9M
2007
reopened
$46.2M
$45.7M
2008
reopened
$44.6M
$44.7M
2009
settled
$46.3M
$46.4M
2010
settled
$48.8M
$46.7M
2011
settled
$18.1M
$23.0M
2012
reopened
$94.8M
$66.9M
2013
reopened
$89.4M
$100.7M
2014
reopened
$97.1M
$104.4M
2015
reopened
$111.3M
$112.2M
2016
reopened
$124.9M
$124.2M
2017
reopened
$134.5M
$136.3M
2018
settled
$130.0M
$134.2M
2019
settled
$138.0M
$139.9M
2020
settled
$143.0M
$145.5M
2021
settled
$444.6M
$149.3M
2022
settled
$158.3M
$156.3M
2023
reopened
$163.9M
$170.1M
2024
settled
$172.6M
$187.8M
2025
amended
$186.1M
$200.1M

Beside its peers

Rehabilitation hospitals in Texas with 50 to 99 beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Baylor Scott & White Institute for Rehabilitation92$186,132,697$200,094,728−7.5%
CHRISTUS Trinity Mother Frances Rehabilitation Hospital, a Partner of, Tyler94$51,614,008$37,844,99926.7%
Encompass Health Rehabilitation Hospital of Arlington, Arlington85$35,945,065$33,952,0225.5%
Encompass Health Rehabilitation Hospital of Wichita Falls, Wichita Falls84$43,658,527$29,694,66432.0%
South Plains Rehabilitation Hospital an Affiliate of Umc and Encompass, Lubbock92$39,275,576$33,497,33314.7%
Trustpoint Rehabilitation Hospital of Lubbock, Lubbock93$44,846,310$39,518,89611.9%

Patients and payers

Discharges
1,620
S-3 line 14, col 15
Inpatient days
28,477
S-3 line 14, col 8
Beds in use, on an average day
78.2
days ÷ days in year
Occupancy
84.8%
days ÷ bed days
Medicare share of days
29.7%
S-3 cols 6 ÷ 8

Who owns it

  • SELECT MEDICAL HOLDINGS CORPORATION100%
  • SELECT SPECIALTY HOSPITALS INC100%
  • VICTORIA HEALTHCARE INC100%
  • STALLION GROUP PARENT LP47%
  • STALLION INTERMEDIATE CORPORATION47%
  • WCAS XIV LP20%
  • ROBERT A ORTENZIO9%
  • CAS STALLION CO INVESTMENTS LP7%

Indirect owners: SELECT MEDICAL CORPORATION; SELECT PHYSICAL THERAPY HOLDINGS INC; SELECT PHYSICAL THERAPY NETWORK SERVICES INC; SELECT PHYSICAL THERAPY TEXAS LIMITED PARTNERSHIP

Related organizations on its own cost report: SELECT PHYSICAL THERAPY TEXAS LP, healthcare; BAYLOR INSTITUTE FOR REHABILITATION, healthcare.

Other hospitals with the same owner: Select Specialty Hospital - Phoenix (AZ), Select Specialty Hospital - Tucson Northwest (AZ), Select Specialty Hospital-Arizona (AZ), Honorhealth Rehabilitation Hospital (AZ), Banner Rehabilitation Hospital (AZ), Select Specialty Hospital-San Diego (CA), California Rehabilitation Institute (CA), Select Specialty Hospital - Miami (FL), Select Specialty Hospital- Gainesville (FL), Select Specialty Hospital-Palm Beach (FL), Select Specialty Hospital-Pensacola (FL).

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

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 453036. 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 May 8, 2026.