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Long-term care hospital · St. Petersburg, Florida · 133 beds · CMS certification number 102009

Kindred Hospital-Bay Area-St. Petersburg

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended August 31, 2025, as submitted, stamped by CMS February 5, 2026. 29 years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$34.0M
$34,012,396 · G-3 line 3
Operating expenses
$46.6M
$46,570,427 · G-3 line 4
Result from patient care
−$12.6M
−$12,558,031 · G-3 line 5
Margin on patient care
−36.9%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $28.7M in its first year on file (1996) to $34.0M in 2025.
  • Its result from patient care: −$5.7M (2023), −$11.3M (2024), −$12.6M (2025).
  • All 5 long-term care hospital peers below with a margin on file also report a loss on patient care for fiscal year 2025.
  • Medicaid paid for 0.5% of its inpatient days and Medicare for 44.2%.
  • KENTUCKY HOSPITAL HOLDINGS JV LP 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
as submitted
$28.7M
$21.3M
1997
as submitted
$40.2M
$29.8M
1998
as submitted
$17.0M
$13.4M
2000
settled
$40.2M
$39.1M
2001
reopened
$43.7M
$39.7M
2002
reopened
$48.6M
$41.0M
2003
reopened
$59.2M
$44.5M
2004
reopened
$58.7M
$45.7M
2005
reopened
$54.7M
$45.7M
2006
settled
$55.6M
$48.5M
2007
reopened
$54.9M
$47.3M
2008
reopened
$49.9M
$48.7M
2009
settled
$52.0M
$48.8M
2010
settled
$46.5M
$48.4M
2011
reopened
$45.7M
$45.9M
2012
reopened
$52.7M
$49.3M
2013
reopened
$57.2M
$52.0M
2014
reopened
$56.8M
$50.7M
2015
settled
$62.5M
$54.8M
2016
settled
$63.5M
$56.9M
2017
settled
$59.7M
$55.6M
2018
settled
$56.0M
$53.3M
2019
settled
$61.8M
$53.2M
2020
settled
$64.0M
$53.1M
2021
settled
$61.5M
$60.7M
2022
settled
$64.8M
$65.4M
2023
settled
$62.1M
$67.7M
2024
settled
$49.7M
$61.0M
2025
as submitted
$34.0M
$46.6M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
Kindred Hospital-Bay Area-St. Petersburg133$34,012,396$46,570,427−36.9%
Adventhealth Connerton, Land O Lakes77$50,558,166$55,324,050−9.4%
Pam Health Specialty Hospital of Jacksonville, Jacksonville107$18,351,676$22,011,836−19.9%
Kindred Hospital - Central Tampa, Tampa102$32,283,175$35,105,211−8.7%
Kindred Hospital South Florida FT Lauderdale, Ft. Lauderdale197$86,005,247$102,407,223−19.1%
Select Specialty Hospital Orlando, Orlando95$65,257,502$66,059,403−1.2%

Patients and payers

Discharges
492
S-3 line 14, col 15
Inpatient days
15,920
S-3 line 14, col 8
Beds in use, on an average day
43.7
days ÷ days in year
Occupancy
43.9%
days ÷ bed days
Medicare share of days
44.2%
S-3 cols 6 ÷ 8
Medicaid share of days
0.5%
S-3 cols 7 ÷ 8

Who owns it

  • KENTUCKY HOSPITAL HOLDINGS JV LP100%
  • KENTUCKY HOSPITAL HOLDINGS LLC100%
  • KENTUCKY HOSPITAL INTERMEDIATE LLC100%
  • KINDRED HEALTHCARE LLC100%
  • KINDRED HEALTHCARE OPERATING LLC100%
  • KNIGHT HEALTH HOLDINGS LLC100%
  • KNIGHT HEALTH LLC100%
  • KNIGHT INTERMEDIATE HOLDINGS LLC100%

Related organizations on its own cost report: KHOLLC (100%), home office cost; KHOLLC (100%), liability insurance; APOLLO (100%), tsa/rehab/psych.

Other hospitals with the same owner: Andalusia Health (AL), Vaughan Regional Medical Center (AL), Cornerstone Specialty Hospitals Little Rock (AR), Kindred Hospital - Los Angeles (CA), Kindred Hospital - San Francisco Bay Area (CA), Kindred Hospital Westminster (CA), Kindred Hospital - San Diego (CA), Kindred Hospital - Ontario (CA), Kindred Hospital Brea (CA), Kindred Hospital Baldwin Park (CA), Kindred Hospital Paramount (CA), Kindred Hospital Rancho (CA).

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 102009. 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 February 5, 2026.