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Long-term care hospital · Toledo, Ohio · 35 beds · CMS certification number 362038

Advanced Specialty Hosp. of Toledo

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended February 28, 2026, settled, stamped by CMS September 9, 2026. Seventeen years on file, every one shown below.

Fiscal 2026 at a glance

Net patient revenue
$11.8M
$11,846,824 · G-3 line 3
Operating expenses
$13.6M
$13,649,557 · G-3 line 4
Result from patient care
−$1.8M
−$1,802,733 · G-3 line 5
Margin on patient care
−15.2%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $4.9M in its first year on file (2010) to $11.8M in 2026.
  • Its result from patient care: −$326K (2024), $555K (2025), −$1.8M (2026).
  • 2 of the 5 long-term care hospital peers below with a margin on file also report a loss on patient care for fiscal year 2026.
  • Medicaid paid for 10.7% of its inpatient days and Medicare for 22.2%.

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

Seventeen years of filings

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

Net patient revenueOperating expenses
2010
settled
$4.9M
$5.7M
2011
settled
$12.0M
$10.5M
2012
settled
$13.6M
$11.6M
2013
settled
$13.9M
$13.3M
2014
settled
$15.6M
$12.9M
2015
settled
$15.1M
$13.0M
2016
reopened
$12.9M
$12.4M
2017
reopened
$13.0M
$12.6M
2018
reopened
$12.9M
$12.7M
2019
settled
$11.1M
$10.9M
2020
settled
$12.4M
$12.5M
2021
settled
$12.1M
$11.9M
2022
settled
$11.4M
$11.6M
2023
settled
$9.3M
$11.6M
2024
as submitted
$12.7M
$13.0M
2025
settled
$15.4M
$14.8M
2026
settled
$11.8M
$13.6M

Beside its peers

Hospitals of the same type (long-term care hospital), nearest in size, from Ohio first; each on fiscal year 2026.

HospitalBedsNet patient revenueOperating expensesMargin
Advanced Specialty Hosp. of Toledo35$11,846,824$13,649,557−15.2%
Continuecare Hospital at Baptist Health Paducah, Paducah (KY)37$8,441,810$7,979,9515.5%
Select Specialty Hospital - Quad Cities, Davenport (IA)35$12,174,518$14,689,297−20.7%
Select Specialty Hospital Southeast Ohio, Newark35$19,322,931$17,488,0469.5%
Select Specialty Hospital Northeast Ohio (Canton Campus), Canton30$18,849,823$15,139,52019.7%
Select Specialty Hospital - Tallahassee, Tallahassee (FL)35$24,965,786$27,817,444−11.4%

Patients and payers

Discharges
209
S-3 line 14, col 15
Inpatient days
6,611
S-3 line 14, col 8
Beds in use, on an average day
18.2
days ÷ days in year
Occupancy
51.7%
days ÷ bed days
Medicare share of days
22.2%
S-3 cols 6 ÷ 8
Medicaid share of days
10.7%
S-3 cols 7 ÷ 8

Who owns it

Related organizations on its own cost report: RESIDENT CARE CONS. LLC (100%), consulting company; HEALTHCARE FAC. MGMT LLC (100%), management company.

Type of control on its cost report: proprietary, partnership.

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 362038. 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 September 9, 2026.