Velarion Records

Rehabilitation hospital · Spokane, Washington · 91 beds · CMS certification number 503025

Providence St. Lukes Rehabilitation Medical Center

Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS July 14, 2026. 30 years on file, every one shown below.

Enrolled with Medicare by Providence Health & Services- Washington.

Fiscal 2025 at a glance

Net patient revenue $63.2M $63,226,815 · G-3 line 3
Operating expenses $79.5M $79,524,092 · G-3 line 4
Result from patient care −$16.3M −$16,297,277 · G-3 line 5
Margin on patient care −25.8% line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $16.5M in its first year on file (1996) to $63.2M in 2025.
  • Its result from patient care: −$25.0M (2023), −$18.7M (2024), −$16.3M (2025).
  • 2 of the 5 rehabilitation hospital peers below with a margin on file also report a loss on patient care for fiscal year 2025.
  • Medicaid paid for 1.2% of its inpatient days and Medicare for 34.4%.

How these statements are drawn

30 years of filings

Net patient revenueOperating expenses

1996 reopened $16.5M $18.2M

1997 reopened $17.7M $19.3M

1998 reopened $17.4M $20.6M

1999 reopened $17.2M $19.8M

2000 reopened $18.5M $20.5M

2001 settled $21.2M $23.3M

2002 settled $22.8M $24.5M

2003 reopened $26.0M $26.5M

2004 reopened $26.2M $27.5M

2005 reopened $27.8M $28.6M

2006 reopened $29.5M $29.8M

2007 reopened $29.5M $31.9M

2008 reopened $30.4M $31.6M

2009 reopened $31.9M $33.0M

2010 settled $34.4M $34.8M

2011 settled $34.5M $34.9M

2012 settled $37.2M $37.0M

2013 settled $36.7M $37.9M

2014 settled $38.8M $39.4M

2015 settled $41.1M $40.4M

2016 settled $39.8M $45.3M

2017 settled $43.3M $48.3M

2018 settled $45.1M $51.7M

2019 settled $46.9M $54.2M

2020 settled $43.7M $47.5M

2021 settled $41.0M $53.3M

2022 settled $38.0M $50.6M

2023 as submitted $43.8M $68.8M

2024 as submitted $56.7M $75.4M

2025 as submitted $63.2M $79.5M

Beside its peers

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

Hospital Beds Net patient revenue Operating expenses Margin

Providence St. Lukes Rehabilitation Medical Center 91 $63,226,815 $79,524,092 −25.8%

Baylor Scott & White Institute for Rehabilitation, Dallas (TX) 92 $186,132,697 $200,094,728 −7.5%

CHI Franciscan Rehabilitation Hospital, Tacoma 60 $41,911,927 $32,836,566 21.6%

Encompass Health Rehabilitation Hospital of Jonesboro, Jonesboro (AR) 90 $43,836,153 $30,185,643 31.1%

Rehabilitation Hospital of Indiana, Indianapolis (IN) 91 $45,740,851 $47,095,008 −3.0%

South Plains Rehabilitation Hospital an Affiliate of Umc and Encompass, Lubbock (TX) 92 $39,275,576 $33,497,333 14.7%

Patients and payers

  • Discharges 1,348 S-3 line 14, col 15
  • Inpatient days 17,196 S-3 line 14, col 8
  • Beds in use, on an average day 47.2 days ÷ days in year
  • Occupancy 51.8% days ÷ bed days
  • Medicare share of days 34.4% S-3 cols 6 ÷ 8
  • Medicaid share of days 1.2% S-3 cols 7 ÷ 8

Who owns it

Indirect owner: PROVIDENCE HEALTH & SERVICES - WASHINGTON

Related organizations on its own cost report: HB0456 PHSWA (100%), system office.

Other hospitals with the same owner: Providence Kodiak Island Medical Center (AK), Providence Valdez Medical Center (AK), Providence Seward Medical Center (AK), Providence St. Elias Specialty Hospital (AK), Providence Alaska Medical Center (AK), Providence St. Joseph Hospital (CA), and 2 more.

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

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More rehabilitation hospitals in Washington

Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 503025. Owners of 5% or more: CMS Hospital All Owners and Hospital Enrollments, Medicare enrollment October 1, 2026.

How this page was built: the CMS Medicare cost report, file HOSP10FY2025.ZIP, read July 14, 2026.

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