Velarion Records

Short-term acute care hospital · Somers Point, New Jersey · 199 beds · CMS certification number 310047

Shore Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS June 29, 2026. 30 years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$249.1M
$249,135,901 · G-3 line 3
Operating expenses
$225.9M
$225,927,049 · G-3 line 4
Result from patient care
$23.2M
$23,208,852 · G-3 line 5
Margin on patient care
9.3%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $104.1M in its first year on file (1996) to $249.1M in 2025.
  • Its result from patient care: $38.1M (2023), $27.7M (2024), $23.2M (2025).
  • 2 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 6.3% of its inpatient days and Medicare for 44.0%.

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
reopened
$104.1M
$103.3M
1997
reopened
$106.3M
$108.6M
1998
reopened
$101.9M
$112.4M
1999
reopened
$104.9M
$112.4M
2000
reopened
$107.6M
$110.7M
2001
settled
$122.4M
$125.9M
2002
settled
$134.4M
$139.6M
2003
reopened
$146.5M
$157.9M
2004
reopened
$158.6M
$167.3M
2005
settled
$165.1M
$170.6M
2006
reopened
$166.6M
$177.5M
2007
reopened
$179.1M
$181.7M
2008
reopened
$180.1M
$183.2M
2009
reopened
$191.7M
$196.7M
2010
reopened
$185.9M
$197.2M
2011
reopened
$203.3M
$203.0M
2012
reopened
$202.7M
$214.0M
2013
reopened
$197.6M
$207.3M
2014
settled with audit
$187.9M
$188.6M
2015
reopened
$183.3M
$177.5M
2016
reopened
$175.2M
$171.3M
2017
reopened
$184.5M
$168.9M
2018
reopened
$189.3M
$170.3M
2019
reopened
$194.3M
$172.6M
2020
settled
$177.9M
$166.1M
2021
settled
$223.5M
$191.9M
2022
settled
$249.8M
$200.1M
2023
settled
$247.5M
$209.4M
2024
as submitted
$251.4M
$223.7M
2025
as submitted
$249.1M
$225.9M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
Shore Medical Center199$249,135,901$225,927,0499.3%
Bayshore Medical Center, Holmdel175$249,341,609$217,111,59612.9%
Chilton Medical Center, Pompton Plains181$321,903,766$300,658,9066.6%
Hunterdon Medical Center, Flemington184$454,660,716$472,264,089−3.9%
Palisades Medical Center, North Bergen173$227,220,679$229,674,425−1.1%
Corro Health, Elizabeth182$351,491,057$408,762,234−16.3%

Patients and payers

Discharges
6,770
S-3 line 14, col 15
Inpatient days
31,411
S-3 line 14, col 8
Beds in use, on an average day
86.3
days ÷ days in year
Occupancy
43.2%
days ÷ bed days
Medicare share of days
44.0%
S-3 cols 6 ÷ 8
Medicaid share of days
6.3%
S-3 cols 7 ÷ 8

Who owns it

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

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 310047. Patients and payers: worksheet S-3 Part I of the same filing.

How this page was built: the CMS Medicare cost report, file HOSP10FY2025.ZIP, read June 29, 2026.