Velarion Records

Short-term acute care hospital · Los Angeles, California · 282 beds · CMS certification number 050763

N/A

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2024, as submitted, stamped by CMS June 26, 2025. Seventeen years on file, every one shown below.

Fiscal 2024 at a glance

Net patient revenue
$117.1M
$117,144,810 · G-3 line 3
Operating expenses
$97.5M
$97,520,120 · G-3 line 4
Result from patient care
$19.6M
$19,624,690 · G-3 line 5
Margin on patient care
16.8%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $7.6M in its first year on file (2008) to $117.1M in 2024.
  • Its result from patient care: −$20.1M (2022), −$5.8M (2023), $19.6M (2024).
  • 4 of the 5 short-term acute care hospital peers below with a margin on file also report a gain on patient care for fiscal year 2024.
  • Medicaid paid for 51.9% of its inpatient days and Medicare for 40.3%.
  • L A DOWNTOWN MEDICAL CENTER LLC holds 100% of it, on its Medicare enrollment.

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

Seventeen years of filings

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

Net patient revenueOperating expenses
2008
reopened
$7.6M
$5.5M
2009
reopened
$35.8M
$53.0M
2010
reopened
$46.9M
$60.4M
2011
settled
$54.0M
$67.7M
2012
settled
$51.8M
$55.2M
2013
settled
$57.9M
$64.9M
2014
reopened
$63.1M
$66.4M
2015
reopened
$60.1M
$64.8M
2016
reopened
$67.2M
$73.6M
2017
settled
$57.4M
$69.1M
2018
settled with audit
$60.7M
$72.8M
2019
as submitted
$68.1M
$69.6M
2020
as submitted
$81.2M
$92.2M
2021
amended
$87.5M
$95.1M
2022
as submitted
$119.9M
$139.9M
2023
amended
$86.1M
$91.9M
2024
as submitted
$117.1M
$97.5M

Beside its peers

Short-term acute care hospitals in California with 200 to 399 beds, each on fiscal year 2024.

HospitalBedsNet patient revenueOperating expensesMargin
N/A282$117,144,810$97,520,12016.8%
Centinela Hospital Medical Center, Inglewood282$318,396,195$279,010,12912.4%
Kaiser Foundation Hospital - Sacramento, Sacramento283$913,962,216$897,422,5261.8%
Mercy General Hospital, Sacramento283$778,710,394$736,293,9535.5%
Santa Monica Uclamc & Orthopaedic, Santa Monica281$866,728,154$830,233,8264.2%
Priscilla Chan & Mark Zuckerberg San Francisco General Hosp&Trauma CTR, San Francisco284$998,937,979$1,425,193,530−42.7%

Patients and payers

Discharges
6,575
S-3 line 14, col 15
Inpatient days
65,340
S-3 line 14, col 8
Beds in use, on an average day
179.0
days ÷ days in year
Occupancy
63.3%
days ÷ bed days
Medicare share of days
40.3%
S-3 cols 6 ÷ 8
Medicaid share of days
51.9%
S-3 cols 7 ÷ 8

Who owns it

  • L A DOWNTOWN MEDICAL CENTER LLC100%
  • VICKI P ROLLINS50%
  • WILLIAM A NELSON50%

Related organizations on its own cost report: JEV & B SERVICE.

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 050763. 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 June 26, 2025.