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Long-term care hospital · Lakewood, New Jersey · 50 beds · CMS certification number 312017

Specialty Hospital of Central Jersey

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended August 31, 2025, as submitted, stamped by CMS February 4, 2026. 21 years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$25.2M
$25,231,537 · G-3 line 3
Operating expenses
$19.3M
$19,319,210 · G-3 line 4
Result from patient care
$5.9M
$5,912,327 · G-3 line 5
Margin on patient care
23.4%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $12.1M in its first year on file (2005) to $25.2M in 2025.
  • Its result from patient care: −$1.2M (2023), −$50K (2024), $5.9M (2025).
  • 2 of the 5 long-term care hospital peers below with a margin on file also report a gain on patient care for fiscal year 2025.
  • CHAIM RAJCHENBACH holds 8% of it, on its Medicare enrollment.

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

21 years of filings

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

Net patient revenueOperating expenses
2005
settled with audit
$12.1M
$11.2M
2006
settled with audit
$18.8M
$16.7M
2007
settled
$19.1M
$18.0M
2008
settled
$23.6M
$20.0M
2009
settled
$22.5M
$18.4M
2010
settled
$24.1M
$19.2M
2011
settled
$23.5M
$19.9M
2012
settled
$22.2M
$19.3M
2013
settled
$21.4M
$18.3M
2014
settled
$14.8M
$13.0M
2015
settled
$24.2M
$19.9M
2016
settled
$30.7M
$22.7M
2017
settled
$30.0M
$22.8M
2018
settled
$26.1M
$23.5M
2019
settled
$25.1M
$22.8M
2020
settled
$32.9M
$25.6M
2021
settled
$26.8M
$24.1M
2022
settled
$22.0M
$23.1M
2023
settled
$20.6M
$21.8M
2024
settled
$19.1M
$19.1M
2025
as submitted
$25.2M
$19.3M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
Specialty Hospital of Central Jersey50$25,231,537$19,319,21023.4%
Silver Lake Hospital LTACH, Newark63$29,632,715$37,480,331−26.5%
Select Specialty Hospital -Atlantic City, Atlantic City30$17,164,487$17,522,249−2.1%
Select Specialty Hospital- Northeast New Jersey, Rochelle Park62$30,517,233$29,091,3924.7%
Select Specialty Hospital - Willingboro, Willingboro69$31,617,510$27,186,41914.0%
The Rehabilitation Hospital at Raritan Bay Medical Center, Elizabeth76$28,636,956$33,060,598−15.4%

Patients and payers

Discharges
236
S-3 line 14, col 15
Inpatient days
7,697
S-3 line 14, col 8
Beds in use, on an average day
21.1
days ÷ days in year
Occupancy
42.2%
days ÷ bed days
Medicare share of days
77.3%
S-3 cols 6 ÷ 8

Who owns it

  • CHAIM RAJCHENBACH8%

Indirect owners: AARON KOTLER; DANIEL CZERMAK; HOWARD LEBOWITZ; LEON GOLDENBERG

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 312017. 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 4, 2026.