Velarion Records

Short-term acute care hospital · Madison, Wisconsin · 681 beds · CMS certification number 520098

University of Wisconsin Hospitals and Clinics Authority

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2025, as submitted, stamped by CMS September 28, 2026. 29 years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue
$3.4B
$3,418,818,382 · G-3 line 3
Operating expenses
$3.5B
$3,476,983,717 · G-3 line 4
Result from patient care
−$58.2M
−$58,165,335 · G-3 line 5
Margin on patient care
−1.7%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $306.1M in its first year on file (1997) to $3.4B in 2025.
  • Its result from patient care: $86.5M (2023), $135.6M (2024), −$58.2M (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.
  • Medicaid paid for 7.1% of its inpatient days and Medicare for 25.9%.

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
$306.1M
$306.4M
1998
reopened
$321.6M
$322.1M
1999
reopened
$342.2M
$351.5M
2000
reopened
$374.4M
$385.1M
2001
reopened
$409.0M
$403.6M
2002
reopened
$477.0M
$467.8M
2003
reopened
$537.0M
$532.7M
2004
reopened
$595.4M
$585.7M
2005
reopened
$664.1M
$640.3M
2006
reopened
$734.4M
$706.9M
2007
reopened
$785.6M
$766.7M
2008
reopened
$838.1M
$844.7M
2009
settled with audit
$919.8M
$903.6M
2010
reopened
$994.2M
$937.4M
2011
reopened
$988.4M
$988.1M
2012
reopened
$1.2B
$1.1B
2013
settled with audit
$1.3B
$1.2B
2014
reopened
$1.3B
$1.3B
2015
reopened
$1.5B
$1.4B
2016
reopened
$1.6B
$1.5B
2017
reopened
$1.7B
$1.7B
2018
reopened
$1.9B
$1.8B
2019
reopened
$2.0B
$1.9B
2020
reopened
$2.1B
$2.0B
2021
settled
$2.3B
$2.1B
2022
amended
$2.4B
$2.3B
2023
amended
$2.7B
$2.6B
2024
amended
$3.0B
$2.9B
2025
as submitted
$3.4B
$3.5B

Beside its peers

Hospitals of the same type (short-term acute care hospital), nearest in size, from Wisconsin first; each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
University of Wisconsin Hospitals and Clinics Authority681$3,418,818,382$3,476,983,717−1.7%
Ascension Columbia St. Mary's Hospital, Milwaukee360$542,166,201$647,195,386−19.4%
Aurora Health Care Metro, Milwaukee895$2,116,348,943$2,239,786,038−5.8%
Froedtert Memorial Lutheran Hospital, Milwaukee731$2,471,716,667$2,632,676,000−6.5%
Unitypoint Health - Meriter, Madison332$606,499,557$655,770,913−8.1%
SSM Health St. Mary's Hospital Madison, Madison354$630,460,563$491,206,30422.1%

Patients and payers

Discharges
31,420
S-3 line 14, col 15
Inpatient days
198,723
S-3 line 14, col 8
Beds in use, on an average day
545.9
days ÷ days in year
Occupancy
80.0%
days ÷ bed days
Medicare share of days
25.9%
S-3 cols 6 ÷ 8
Medicaid share of days
7.1%
S-3 cols 7 ÷ 8

Who owns it

Related organizations on its own cost report: UW SYSTEM (1%), overhead; MUHL (43%), laundry.

Type of control on its cost report: governmental, other.

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2024.ZIP, form CMS-2552-10, filed under CMS certification number 520098. Patients and payers: worksheet S-3 Part I of the same filing.

How this page was built: the CMS Medicare cost report, file HOSP10FY2024.ZIP, read September 28, 2026.