Velarion Records

Short-term acute care hospital · Flushing, New York · 492 beds · CMS certification number 330055

Newyork-Presbyterian-Queens

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS June 11, 2026. 30 years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue
$1.2B
$1,152,431,408 · G-3 line 3
Operating expenses
$2.3B
$2,346,628,744 · G-3 line 4
Result from patient care
−$1.2B
−$1,194,197,336 · G-3 line 5
Margin on patient care
−103.6%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $229.0M in its first year on file (1996) to $1.2B in 2025.
  • Its result from patient care: −$681.3M (2023), −$861.5M (2024), −$1.2B (2025).
  • 3 of the 5 short-term acute care hospital peers below with a margin on file also report a loss on patient care for fiscal year 2025.
  • Medicaid paid for 7.3% of its inpatient days and Medicare for 24.3%.

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
$229.0M
$235.8M
1997
settled with audit
$253.8M
$264.6M
1998
reopened
$255.1M
$266.6M
1999
reopened
$266.6M
$285.5M
2000
reopened
$291.0M
$309.7M
2001
reopened
$317.3M
$341.8M
2002
reopened
$333.6M
$353.3M
2003
reopened
$355.0M
$392.6M
2004
reopened
$362.8M
$383.0M
2005
reopened
$396.2M
$419.0M
2006
reopened
$432.0M
$463.4M
2007
reopened
$466.4M
$501.9M
2008
reopened
$498.7M
$538.6M
2009
reopened
$530.8M
$585.1M
2010
reopened
$600.2M
$624.8M
2011
settled
$618.3M
$643.5M
2012
settled
$630.3M
$672.2M
2013
settled
$651.7M
$694.0M
2014
reopened
$658.6M
$680.6M
2015
reopened
$699.4M
$732.0M
2016
reopened
$744.8M
$783.4M
2017
reopened
$815.4M
$833.7M
2018
reopened
$834.1M
$866.0M
2019
reopened
$867.1M
$975.6M
2020
reopened
$798.6M
$1.1B
2021
settled with audit
$879.3M
$1.2B
2022
amended
$890.1M
$1.4B
2023
amended
$1.0B
$1.7B
2024
as submitted
$1.1B
$2.0B
2025
as submitted
$1.2B
$2.3B

Beside its peers

Short-term acute care hospitals in New York with 400 and over beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Newyork-Presbyterian-Queens492$1,152,431,408$2,346,628,744−103.6%
Crouse Hospital, Syracuse502$598,195,185$597,742,6840.1%
Good Samaritan Hospital Medical Center, West Islip458$922,693,242$978,753,268−6.1%
Memorial Hospital for Cancer and Allied Diseases, New York514$5,707,531,323$7,244,091,688−26.9%
Rochester General Hospital, Rochester470$1,399,166,139$1,784,331,022−27.5%
St. Peters Hospital of the City of Albany, Albany502$830,955,135$758,990,6668.7%

Patients and payers

Discharges
26,484
S-3 line 14, col 15
Inpatient days
157,055
S-3 line 14, col 8
Beds in use, on an average day
431.5
days ÷ days in year
Occupancy
87.5%
days ÷ bed days
Medicare share of days
24.3%
S-3 cols 6 ÷ 8
Medicaid share of days
7.3%
S-3 cols 7 ÷ 8

Who owns it

Related organizations on its own cost report: SILVERCREST, nursing home; NY-PRESBYTERIAN HOSP, hospital; NETWORK INC, healthcare mgmt.

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

Community benefit, as filed

From IRS Form 990 Schedule H, Part I, filed by NEWYORK-PRESBYTERIANQUEENS (employer identification number 111839362) for tax year 2023. The return lists this hospital as its one hospital facility.

FigureAs filedWhere it comes from
Total community benefit expense (line 7k)$268,014,678IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><NetCommunityBenefitExpnsAmt>
Financial assistance at cost (line 7a)$8,505,823IRS Form 990 Schedule H, Part I, <FinancialAssistanceAtCostTyp><NetCommunityBenefitExpnsAmt>
Medicaid (line 7b)$88,340,882IRS Form 990 Schedule H, Part I, <UnreimbursedMedicaidGrp><NetCommunityBenefitExpnsAmt>
Financial assistance and means-tested government programs (line 7d)$96,846,705IRS Form 990 Schedule H, Part I, <TotalFinancialAssistanceTyp><NetCommunityBenefitExpnsAmt>
Other benefits (line 7j)$171,167,973IRS Form 990 Schedule H, Part I, <TotalOtherBenefitsGrp><NetCommunityBenefitExpnsAmt>
Total, fraction of total expense (line 7k, column f)0.253IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><TotalExpensePct>

E-file object id 202403169349302815. The IRS archive it was read from.

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 330055. 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 11, 2026.