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Short-term acute care hospital · Hialeah, Florida · 119 beds · CMS certification number 100050

Larkin Community Hospital Palm Springs Campus

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS July 14, 2026. 29 years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$137.3M
$137,328,114 · G-3 line 3
Operating expenses
$135.3M
$135,292,200 · G-3 line 4
Result from patient care
$2.0M
$2,035,914 · G-3 line 5
Margin on patient care
1.5%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $50.0M in its first year on file (1996) to $137.3M in 2025.
  • Its result from patient care: −$11.0M (2023), $786K (2024), $2.0M (2025).
  • 3 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 2025.
  • Medicaid paid for 1.2% of its inpatient days and Medicare for 33.4%.
  • LARKIN HEALTH SYSTEM, LLC 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
1996
settled
$50.0M
$45.0M
1997
settled
$51.3M
$45.5M
1998
settled
$55.7M
$46.9M
1999
settled
$60.7M
$52.0M
2000
settled with audit
$72.1M
$57.5M
2001
settled
$69.5M
$63.9M
2002
settled
$72.1M
$63.4M
2003
settled with audit
$74.3M
$71.0M
2004
settled with audit
$76.4M
$74.9M
2005
reopened
$77.9M
$74.6M
2006
reopened
$78.8M
$76.5M
2007
reopened
$78.3M
$77.6M
2008
reopened
$77.3M
$75.6M
2009
reopened
$80.8M
$79.5M
2010
reopened
$81.5M
$79.2M
2011
reopened
$78.5M
$77.3M
2012
reopened
$82.0M
$87.1M
2013
reopened
$60.2M
$66.2M
2014
settled
$84.3M
$87.0M
2016
reopened
$46.9M
$54.0M
2017
reopened
$58.5M
$62.1M
2018
reopened
$59.2M
$62.1M
2019
settled with audit
$49.4M
$60.0M
2020
settled with audit
$63.8M
$72.1M
2021
as submitted
$72.7M
$74.6M
2022
as submitted
−$252.4M
$79.1M
2023
as submitted
$75.0M
$86.0M
2024
as submitted
$108.3M
$107.5M
2025
as submitted
$137.3M
$135.3M

Beside its peers

Short-term acute care hospitals in Florida with 100 to 199 beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Larkin Community Hospital Palm Springs Campus119$137,328,114$135,292,2001.5%
Adventhealth Carrollwood, Tampa119$316,931,664$273,101,10913.8%
HCA Florida Pasadena Hospital, St Petersburg123$68,705,525$92,845,972−35.1%
Lakewood Ranch Medical Center, Bradenton120$195,728,559$179,324,1268.4%
Orlando Health Melbourne Hospital, Melbourne119$134,917,824$165,908,833−23.0%
Palm Bay Hospital, Palm Bay120$199,538,626$178,344,09710.6%

Patients and payers

Discharges
4,795
S-3 line 14, col 15
Inpatient days
28,854
S-3 line 14, col 8
Beds in use, on an average day
79.3
days ÷ days in year
Occupancy
66.4%
days ÷ bed days
Medicare share of days
33.4%
S-3 cols 6 ÷ 8
Medicaid share of days
1.2%
S-3 cols 7 ÷ 8

Who owns it

  • LARKIN HEALTH SYSTEM, LLC100%

Related organizations on its own cost report: J MICHEL TRUST (100%), lep & oracle; J MICHEL TRUST (100%), hospital; J MICHEL TRUST (100%), lab; J MICHEL TRUST (100%), clinic; J MICHEL TRUST (100%), home health.

Other hospitals with the same owner: Larkin Community Hospital (FL), Larkin Community Hospital Behavioral Health Services (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 HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 100050. 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 July 14, 2026.