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Rehabilitation hospital · North Smithfield, Rhode Island · 20 beds · CMS certification number 413025

Rehabilitation Hospital of Rhode Island

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2024, settled, stamped by CMS August 21, 2026. 30 years on file, every one shown below.

Fiscal 2024 at a glance

Net patient revenue
$10.6M
$10,647,292 · G-3 line 3
Operating expenses
$11.3M
$11,251,444 · G-3 line 4
Result from patient care
−$604K
−$604,152 · G-3 line 5
Margin on patient care
−5.7%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $18.2M in its first year on file (1996) to $4.6M in 2025.
  • Its result from patient care: −$284K (2023), −$604K (2024), −$4.0M (2025).
  • 2 of the 5 rehabilitation hospital peers below with a margin on file also report a loss on patient care for fiscal year 2024.
  • DSB ACQUISITION LLC holds 60% 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
reopened
$18.2M
$18.7M
1997
reopened
$17.5M
$17.7M
1998
settled with audit
$14.9M
$15.7M
1999
settled with audit
$12.1M
$14.0M
2000
reopened
$7.8M
$8.5M
2001
settled with audit
$15.8M
$15.8M
2002
settled with audit
$15.5M
$16.0M
2003
settled with audit
$16.1M
$16.1M
2004
settled
$15.9M
$16.3M
2005
settled
$15.2M
$16.1M
2006
settled with audit
$13.0M
$14.4M
2007
settled
$13.7M
$12.2M
2008
settled
$13.1M
$13.3M
2009
settled
$12.9M
$13.6M
2010
settled
$13.2M
$14.2M
2011
settled
$11.8M
$13.7M
2012
settled
$9.8M
$11.5M
2013
settled
$8.1M
$9.5M
2014
settled
$7.9M
$9.2M
2015
settled
$8.6M
$9.3M
2016
settled
$7.1M
$9.3M
2017
settled
$6.1M
$7.9M
2018
settled
$6.1M
$7.7M
2019
settled
$6.3M
$7.9M
2020
settled
$5.0M
$7.0M
2021
settled
$4.9M
$5.6M
2022
settled
$7.9M
$9.4M
2023
settled
$8.9M
$9.2M
2024
settled
$10.6M
$11.3M
2025
as submitted
$4.6M
$8.5M

Beside its peers

Hospitals of the same type (rehabilitation hospital), nearest in size, from Rhode Island first; each on fiscal year 2024.

HospitalBedsNet patient revenueOperating expensesMargin
Rehabilitation Hospital of Rhode Island20$10,647,292$11,251,444−5.7%
Ascension Sacred Heart Rehabilitation Hospital, Milwaukee (WI)21$7,710,300$7,344,2244.8%
Titan Rehabilitation Hospital of Rosepine, Leesville (LA)20$5,147,828$5,264,167−2.3%
Laredo Rehabilitation Hospital, Laredo (TX)21$9,351,612$8,328,57510.9%
Leesville Rehabilitation Hospital, Leesville (LA)16$5,192,906$5,077,2192.2%
United Medical Rehab Hospital-Gretna, Gretna (LA)20$4,312,816$5,482,547−27.1%

Patients and payers

Discharges
460
S-3 line 14, col 15
Inpatient days
5,206
S-3 line 14, col 8
Beds in use, on an average day
14.3
days ÷ days in year
Occupancy
71.1%
days ÷ bed days
Medicare share of days
45.8%
S-3 cols 6 ÷ 8

Who owns it

  • DSB ACQUISITION LLC60%
  • LIFEPOINT HEALTH INC60%
  • LIFEPOINT REHAB BLOCKER LLC60%
  • LIFEPOINT REHAB BLOCKER PARENT LLC60%
  • LIFEPOINT REHAB LLC60%
  • LPNT IRF DEVELOPMENT 44, LLC60%
  • PRIME HEALTHCARE SERVICES LANDMARK LLC40%

Related organizations on its own cost report: LIFEPOINT HEALTH (60%), home office cost; PRIME HEALTHCARE (40%), hospital services.

Other hospitals with the same owner: North Alabama Medical Center (AL), Shoals Hospital (AL), Canyon Vista Medical Center (AZ), Havasu Regional Medical Center (AZ), Valley View Medical Center (AZ), Dignity Health East Valley Rehabilitation Hospital (AZ), Dignity Health East Valley Rehabilitation Hospital-Gilbert (AZ), Copper Springs - East (AZ), El Dorado Springs (AZ).

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

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 413025. 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 August 21, 2026.