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Rehabilitation hospital · Richmond, Virginia · 114 beds · CMS certification number 493036

Shaltering Arms Institute

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended September 30, 2025, as submitted, stamped by CMS March 4, 2026. Six years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$86.4M
$86,394,291 · G-3 line 3
Operating expenses
$89.3M
$89,311,447 · G-3 line 4
Result from patient care
−$2.9M
−$2,917,156 · G-3 line 5
Margin on patient care
−3.4%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $10.1M in its first year on file (2020) to $86.4M in 2025.
  • Its result from patient care: −$4.2M (2023), −$2.9M (2024), −$2.9M (2025).
  • None of the 5 rehabilitation hospital peers below with a margin on file reports a loss on patient care for fiscal year 2025.
  • Medicaid paid for 2.4% of its inpatient days and Medicare for 49.6%.
  • SHELTERING ARMS CORPORATION holds 55% of it, on its Medicare enrollment.

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

Six years of filings

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

Net patient revenueOperating expenses
2020
settled
$10.1M
$17.3M
2021
settled
$57.9M
$62.8M
2022
amended
$65.0M
$67.6M
2023
as submitted
$79.6M
$83.9M
2024
as submitted
$82.8M
$85.7M
2025
as submitted
$86.4M
$89.3M

Beside its peers

Hospitals of the same type (rehabilitation hospital), nearest in size, from Virginia first; each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Shaltering Arms Institute114$86,394,291$89,311,447−3.4%
Encompass Health Rehabilitation Hospital of Petersburg, Petersburg64$26,621,353$23,217,51312.8%
Encompass Health Rehabilitation Hospital of Northern Virginia, Aldie60$42,513,722$33,174,88122.0%
Encompass Health Rehabilitation Hospital of Fredericksburg, Fredericksburg58$36,576,577$29,419,35719.6%
Riverside Rehabilitation Hospital, Yorktown52$35,592,588$32,152,9729.7%
UVA Encompass Health Rehabilitation Hospital, Charlottesville60$30,036,232$24,629,36618.0%

Patients and payers

Discharges
2,553
S-3 line 14, col 15
Inpatient days
37,027
S-3 line 14, col 8
Beds in use, on an average day
101.7
days ÷ days in year
Occupancy
89.0%
days ÷ bed days
Medicare share of days
49.6%
S-3 cols 6 ÷ 8
Medicaid share of days
2.4%
S-3 cols 7 ÷ 8

Who owns it

  • SHELTERING ARMS CORPORATION55%
  • VIRGINIA COMMONWEALTH UNIVERSITY HEALTH SYSTEM AUTHORITY45%

Related organizations on its own cost report: SA CO190, home office.

Other hospitals with the same owner: VCU Health Tappahannock Hospital (VA), Community Memorial Hospital (VA).

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 493036. 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 March 4, 2026.