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Rehabilitation hospital · Germantown, Tennessee · 64 beds · CMS certification number 443034

Baptist Memorial Rehabilitation Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS May 27, 2026. Twelve years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$38.8M
$38,822,180 · G-3 line 3
Operating expenses
$29.5M
$29,459,415 · G-3 line 4
Result from patient care
$9.4M
$9,362,765 · G-3 line 5
Margin on patient care
24.1%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $1.4M in its first year on file (2014) to $38.8M in 2025.
  • Its result from patient care: $8.5M (2023), $7.3M (2024), $9.4M (2025).
  • 3 of the 5 rehabilitation hospital peers below with a margin on file also report a gain on patient care for fiscal year 2025.
  • Medicaid paid for 1.4% of its inpatient days and Medicare for 72.2%.
  • BAPTIST MEMORIAL HEALTH CARE CORPORATION holds 55% of it, on its Medicare enrollment.

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

Twelve years of filings

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

Net patient revenueOperating expenses
2014
settled
$1.4M
$3.3M
2015
settled
$18.9M
$15.0M
2016
reopened
$20.9M
$16.1M
2017
settled
$20.9M
$16.2M
2018
settled
$22.9M
$16.8M
2019
settled
$24.0M
$17.0M
2020
settled
$25.8M
$17.2M
2021
settled
$28.6M
$19.7M
2022
settled
$30.3M
$20.7M
2023
as submitted
$29.3M
$20.7M
2024
as submitted
$29.3M
$22.0M
2025
as submitted
$38.8M
$29.5M

Beside its peers

Rehabilitation hospitals in Tennessee with 50 to 99 beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Baptist Memorial Rehabilitation Hospital64$38,822,180$29,459,41524.1%
Encompass Health Rehabilitation Hospital of Memphis, A Partner of Meth, Memphis80$34,401,526$28,036,06618.5%
Knoxville Rehabilitation Hospital, Knoxville57$30,410,236$24,519,28019.4%
Patricia Neal Rehabilitation Hospital, Knoxville73$33,196,166$34,078,711−2.7%
Vanderbilt Stallworth Rehabilitation Hospital, Nashville80$23,653,237$25,810,665−9.1%
West Tennessee Healthcare Rehabilitation Hospital Jackson, A Partnersh, Jackson56$25,883,368$21,159,54618.3%

Patients and payers

Discharges
1,710
S-3 line 14, col 15
Inpatient days
19,641
S-3 line 14, col 8
Beds in use, on an average day
54.0
days ÷ days in year
Occupancy
84.1%
days ÷ bed days
Medicare share of days
72.2%
S-3 cols 6 ÷ 8
Medicaid share of days
1.4%
S-3 cols 7 ÷ 8

Who owns it

  • BAPTIST MEMORIAL HEALTH CARE CORPORATION55%
  • BAPTIST MEMORIAL HEALTH SERVICES INC55%
  • CENTERRE HEALTHCARE LLC45%
  • CRH OF MEMPHIS LLC45%
  • DSB ACQUISITION LLC45%
  • LIFEPOINT HEALTH INC45%
  • LIFEPOINT REHAB BLOCKER PARENT LLC45%
  • LIFEPOINT REHAB LLC45%
  • LIFEPOINT REHAB BLOCKER LLC5%

Related organizations on its own cost report: LIFEPOINT HEALTH (45%), home office cost; BAPTIST MEMORIAL HEALTH CARE (55%), 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 HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 443034. 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 HOSP10FY2025.ZIP, read May 27, 2026.