Rehabilitation hospital · Melbourne, Florida · 90 beds · CMS certification number 103034
Sea Pines Rehabilitation Hospital, an Affiliate of Encompass Health
Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS May 25, 2026. 30 years on file, all shown below.
Enrolled with Medicare by Sea Pines Rehabilitation Hospital Limited Partnership.
Fiscal 2025 at a glance
What stands out
- Net patient revenue rose from $17.9M in its first year on file (1996) to $51.0M in 2025.
- Its result from patient care: $11.8M (2023), $13.9M (2024), $15.9M (2025).
- All 5 rehabilitation hospital peers below with a margin on file also report a gain on patient care for fiscal year 2025.
- ENCOMPASS HEALTH CORPORATION holds 75% of it, on its Medicare enrollment.
30 years of filings
1996 as submitted margin 12.8% $17.9M $15.6M
1997 as submitted margin 14.6% $19.8M $16.9M
1998 as submitted margin 11.3% $20.2M $17.9M
1999 as submitted margin 4.8% $17.7M $16.8M
2000 as submitted margin 5.3% $16.6M $15.7M
2001 as submitted margin 10.9% $18.5M $16.4M
2002 as submitted margin 32.1% $25.9M $17.5M
2003 as submitted margin 23.3% $23.9M $18.4M
2004 settled margin 21.8% $23.3M $18.2M
2005 reopened margin 19.8% $17.6M $14.1M
2006 reopened margin 10.3% $14.6M $13.1M
2007 settled margin 14.9% $16.2M $13.8M
2008 reopened margin 12.0% $18.1M $15.9M
2009 settled margin 15.2% $18.9M $16.0M
2010 amended margin 18.6% $19.6M $15.9M
2011 settled margin 17.5% $21.4M $17.6M
2012 reopened margin 21.4% $24.9M $19.5M
2013 settled margin 17.0% $25.2M $20.9M
2014 settled margin 20.1% $26.9M $21.5M
2015 settled margin 21.6% $28.6M $22.5M
2016 settled margin 19.4% $28.4M $22.9M
2017 settled margin 19.7% $28.8M $23.1M
2018 settled margin 19.6% $29.0M $23.3M
2019 settled margin 21.6% $30.7M $24.1M
2020 settled margin 14.8% $28.1M $24.0M
2021 settled margin 19.9% $34.3M $27.5M
2022 settled margin 22.5% $37.6M $29.2M
2023 settled margin 27.9% $42.3M $30.5M
2024 amended margin 29.7% $46.7M $32.8M
2025 as submitted margin 31.2% $51.0M $35.1M
Beside its peers
Rehabilitation hospitals in Florida with 50 to 99 beds, fiscal year 2025.
Hospital Beds Net patient revenue Operating expenses Margin
Sea Pines Rehabilitation Hospital, an Affiliate of Encompass Health 90 $51,009,431 $35,083,230 31.2%
Encompass Health Rehabilitation Hospital of Treasure Coast, Vero Beach 80 $39,967,526 $32,350,796 19.1%
Encompass Health Rehabilitation Hospital of Spring Hill, Brooksville 80 $39,803,945 $32,400,425 18.6%
Encompass Health Rehabilitation Hospital, an Affiliate of Martin Healt, Stuart 80 $56,704,746 $35,281,752 37.8%
Pam Rehabilitation Hospital of Tavares, Tavares 89 $49,855,491 $49,107,144 1.5%
West Gables Rehabilitation Hospital, Miami 90 $68,786,493 $53,552,566 22.1%
Patients and payers
- Discharges 2,402 S-3 line 14, col 15
- Inpatient days 28,628 S-3 line 14, col 8
- Beds in use, on an average day 78.6 days ÷ days in year
- Occupancy 87.2% days ÷ bed days
- Medicare share of days 65.3% S-3 cols 6 ÷ 8
Who owns it
- ENCOMPASS HEALTH CORPORATION75%
- ENCOMPASS HEALTH JOINT VENTURES HOLDINGS, LLC75%
- ENCOMPASS HEALTH SEA PINES HOLDINGS, LLC75%
- HOLMES REGIONAL MEDICAL CENTER, INC.25%
- VANGUARD GROUP INC8%
- BLACKROCK INC7%
Related organizations on its own cost report: ENCOMPASS HEALT, health care; HOLMES REGIONAL, health care.
Other hospitals with the same owner: Encompass Health Lakeshore Rehabilitation Hospital (AL), Encompass Health Rehabilitation Hospital of North Alabama (AL), Encompass Health Rehabilitation Hospital of Montgomery (AL), Rehabilitation Hospital of Phenix City (AL), Encompass Health Rehabilitation Hospital of Dothan (AL), Encompass Health Rehabilitation Hospital of Gadsden (AL), and 6 more.
Control: proprietary, partnership.
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More rehabilitation hospitals in Florida
File HOSP10FY2025.ZIP, form CMS-2552-10, CMS certification number 103034. 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 May 25, 2026.
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