Velarion Records

Rehabilitation hospital · East Sandwich, Massachusetts · 60 beds · CMS certification number 223032

Spaulding Rehabilitation Hospital Cape Cod

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended September 30, 2025, as submitted, stamped by CMS March 10, 2026. 30 years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$59.4M
$59,447,670 · G-3 line 3
Operating expenses
$63.9M
$63,932,922 · G-3 line 4
Result from patient care
−$4.5M
−$4,485,252 · G-3 line 5
Margin on patient care
−7.5%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $12.9M in its first year on file (1996) to $59.4M in 2025.
  • Its result from patient care: −$5.2M (2023), −$7.1M (2024), −$4.5M (2025).
  • 1 of the 5 rehabilitation hospital peers below with a margin on file also reports a loss on patient care for fiscal year 2025.
  • Medicaid paid for 0.6% of its inpatient days and Medicare for 65.7%.
  • MASS GENERAL BRIGHAM INCORPORATED holds 100% of it, on its Medicare enrollment.

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

30 years of filings

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

Net patient revenueOperating expenses
1996
settled with audit
$12.9M
$13.1M
1997
settled with audit
$14.2M
$14.5M
1998
settled with audit
$16.2M
$17.0M
1999
reopened
$15.8M
$16.3M
2000
settled with audit
$17.4M
$17.7M
2001
settled with audit
$18.0M
$18.4M
2002
settled with audit
$20.0M
$20.6M
2003
settled with audit
$27.1M
$22.7M
2004
settled with audit
$28.6M
$24.5M
2005
reopened
$26.6M
$25.9M
2006
settled
$26.3M
$27.6M
2007
settled
$29.7M
$29.3M
2008
settled
$27.1M
$30.0M
2009
settled
$28.8M
$30.1M
2010
settled
$30.0M
$30.3M
2011
settled
$30.2M
$30.9M
2012
settled
$32.6M
$32.9M
2013
settled
$35.3M
$34.0M
2014
settled
$37.8M
$36.1M
2015
reopened
$40.8M
$38.2M
2016
settled
$42.0M
$40.8M
2017
settled
$41.9M
$43.6M
2018
settled
$40.3M
$44.6M
2019
settled
$44.5M
$45.7M
2020
settled
$41.9M
$47.2M
2021
settled
$47.3M
$49.6M
2022
settled
$44.3M
$51.8M
2023
settled
$50.7M
$55.9M
2024
settled
$53.4M
$60.5M
2025
as submitted
$59.4M
$63.9M

Beside its peers

Hospitals of the same type (rehabilitation hospital), nearest in size, from Massachusetts first; each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Spaulding Rehabilitation Hospital Cape Cod60$59,447,670$63,932,922−7.5%
Encompass Health Rehabilitation Hospital of Western Massachusetts, Ludlow70$38,231,015$30,330,86520.7%
Encompass Health Rehabilitation Hospital of New England, Woburn179$83,947,589$68,687,38818.2%
Encompass Health Rehabilitation Hospital of Braintree, Braintree187$78,827,335$65,368,07817.1%
Fairlawn Rehabilitation Hospital, Worcester110$50,877,732$42,093,40417.3%
Spaulding Rehabilitation Hospital - Boston, Charlestown132$194,181,907$238,255,473−22.7%

Patients and payers

Discharges
1,336
S-3 line 14, col 15
Inpatient days
16,406
S-3 line 14, col 8
Beds in use, on an average day
45.1
days ÷ days in year
Occupancy
74.9%
days ÷ bed days
Medicare share of days
65.7%
S-3 cols 6 ÷ 8
Medicaid share of days
0.6%
S-3 cols 7 ÷ 8

Who owns it

  • MASS GENERAL BRIGHAM INCORPORATED100%

Related organizations on its own cost report: MASS GEN BRIG, health svcs; SRN, health svcs.

Other hospitals with the same owner: Cooley Dickinson Hospital (MA), Salem Hospital (MA), Massachusetts Eye and Ear Infirmary (MA), Newton-Wellesley Hospital (MA), Brigham & Womens Hospital (MA), Brigham and Women's Faulkner Hospital (MA), Nantucket Cottage Hospital (MA), Spaulding Hospital for Continuing Medical Care - Cambridge (MA), Spaulding Rehabilitation Hospital - Boston (MA), The McLean Hospital (MA).

Type of control on its cost report: voluntary nonprofit, other.

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 223032. 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 March 10, 2026.