Velarion Records

Short-term acute care hospital · Red Bank, New Jersey · 232 beds · CMS certification number 310034

Riverview Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS May 21, 2026. 30 years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$454.1M
$454,058,064 · G-3 line 3
Operating expenses
$427.9M
$427,887,477 · G-3 line 4
Result from patient care
$26.2M
$26,170,587 · G-3 line 5
Margin on patient care
5.8%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $123.4M in its first year on file (1996) to $454.1M in 2025.
  • Its result from patient care: $26.5M (2023), $9.3M (2024), $26.2M (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 2.4% of its inpatient days and Medicare for 45.9%.
  • HACKENSACK MERIDIAN HEALTH INC 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
$123.4M
$127.7M
1997
settled with audit
$128.5M
$118.4M
1998
settled with audit
$45.0M
$132.5M
1999
settled
$122.9M
$134.9M
2000
reopened
$123.4M
$132.5M
2001
reopened
$160.7M
$133.3M
2002
reopened
$144.6M
$143.9M
2003
reopened
$151.0M
$151.3M
2004
reopened
$154.4M
$153.5M
2005
settled
$149.7M
$161.7M
2006
reopened
$176.2M
$170.5M
2007
reopened
$180.2M
$178.7M
2008
reopened
$197.9M
$193.9M
2009
reopened
$211.5M
$204.1M
2010
settled
$225.0M
$212.8M
2011
settled
$237.9M
$220.0M
2012
reopened
$310.9M
$218.3M
2013
reopened
$243.6M
$235.3M
2014
reopened
$250.7M
$239.3M
2015
settled with audit
$276.1M
$250.8M
2016
reopened
$278.8M
$259.3M
2017
settled
$295.9M
$280.9M
2018
reopened
$305.8M
$286.6M
2019
settled
$304.0M
$293.0M
2020
settled with audit
$298.1M
$308.7M
2021
settled
$350.0M
$341.2M
2022
settled
$365.4M
$345.2M
2023
settled
$401.2M
$374.7M
2024
amended
$414.2M
$404.9M
2025
as submitted
$454.1M
$427.9M

Beside its peers

Short-term acute care hospitals in New Jersey with 200 to 399 beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Riverview Medical Center232$454,058,064$427,887,4775.8%
Centrastate Medical Center, Freehold250$400,609,871$424,586,912−6.0%
Clara Maass Medical Center, Belleville259$432,154,674$399,285,6437.6%
Monmouth Medical Center, Long Branch232$651,883,847$574,632,04511.8%
Penn Medicine Princeton Medical Center, Plainsboro213$622,541,266$642,313,526−3.2%
Saint Clare's Hospital, Denville242$324,739,894$312,751,4223.7%

Patients and payers

Discharges
9,865
S-3 line 14, col 15
Inpatient days
45,537
S-3 line 14, col 8
Beds in use, on an average day
125.1
days ÷ days in year
Occupancy
53.8%
days ÷ bed days
Medicare share of days
45.9%
S-3 cols 6 ÷ 8
Medicaid share of days
2.4%
S-3 cols 7 ÷ 8

Who owns it

  • HACKENSACK MERIDIAN HEALTH INC100%

Related organizations on its own cost report: HMH, home office.

Other hospitals with the same owner: Hackensack University Medical Center (NJ), Palisades Medical Center (NJ), Raritan Bay Medical Center (NJ), Ocean University Medical Center (NJ), Jersey Shore University Medical Center (NJ), JFK University Medical Center (NJ), Bayshore Medical Center (NJ), Southern Ocean Medical Center (NJ), Hackensack Meridian LTACH (NJ), Hackensack Meridian Health Carrier Clinic (NJ).

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).

Follow this hospital, free

We send this record now and tell you when it files again.

More short-term acute care hospitals in New Jersey

From the publisher of Velarion Records

Velarion Intel

Independent Decision-Grade Intelligence

Compensation and corporate governance intelligence for advisors, investors and companies. Executive and board pay for public companies, benchmarked against peers.

See what Intel shows

Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 310034. 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 May 21, 2026.