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Short-term acute care hospital · Boaz, Alabama · 152 beds · CMS certification number 010005

Marshall Medical Centers

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended September 30, 2025, as submitted, stamped by CMS February 26, 2026. 30 years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue
$209.7M
$209,678,034 · G-3 line 3
Operating expenses
$236.3M
$236,304,220 · G-3 line 4
Result from patient care
−$26.6M
−$26,626,186 · G-3 line 5
Margin on patient care
−12.7%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $43.5M in its first year on file (1996) to $209.7M in 2025.
  • Its result from patient care: −$24.5M (2023), −$19.2M (2024), −$26.6M (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 19.8% of its inpatient days and Medicare for 21.4%.
  • THE HEALTH CARE AUTHORITY OF THE CITY OF HUNTSVILLE holds 100% 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
settled
$43.5M
$34.7M
1997
settled
$47.3M
$39.6M
1998
reopened
$51.0M
$42.4M
1999
reopened
$51.6M
$46.0M
2000
reopened
$44.4M
$44.0M
2001
settled
$45.6M
$45.7M
2002
reopened
$47.7M
$48.0M
2003
settled
$52.3M
$52.1M
2004
reopened
$57.7M
$57.2M
2005
reopened
$56.6M
$59.3M
2006
reopened
$56.5M
$60.2M
2007
settled
$60.2M
$60.5M
2008
reopened
$67.9M
$66.3M
2009
reopened
$64.3M
$68.8M
2010
reopened
$67.0M
$70.9M
2011
reopened
$63.3M
$71.3M
2012
reopened
$122.8M
$132.4M
2013
reopened
$131.4M
$140.0M
2014
reopened
$134.6M
$140.6M
2015
settled
$143.5M
$146.1M
2016
settled
$152.5M
$154.4M
2017
settled
$150.9M
$159.3M
2018
settled
$147.7M
$158.2M
2019
settled
$158.0M
$164.9M
2020
settled
$179.8M
$198.5M
2021
settled
$178.8M
$178.4M
2022
settled
$186.9M
$198.7M
2023
settled
$199.7M
$224.2M
2024
as submitted
$204.5M
$223.6M
2025
as submitted
$209.7M
$236.3M

Beside its peers

Short-term acute care hospitals in Alabama with 100 to 199 beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Marshall Medical Centers152$209,678,034$236,304,220−12.7%
Coosa Valley Medical Center, Sylacauga122$84,163,304$105,823,298−25.7%
Crestwood Medical Center, Huntsville157$278,607,019$242,380,80213.0%
Cullman Regional Medical Center, Cullman162$193,353,406$208,828,973−8.0%
Riverview Regional Medical Center, Gadsden141$149,622,091$135,716,8409.3%
UAB Medical West, Bessemer168$187,284,897$206,013,689−10.0%

Patients and payers

Discharges
6,904
S-3 line 14, col 15
Inpatient days
32,274
S-3 line 14, col 8
Beds in use, on an average day
88.7
days ÷ days in year
Occupancy
58.2%
days ÷ bed days
Medicare share of days
21.4%
S-3 cols 6 ÷ 8
Medicaid share of days
19.8%
S-3 cols 7 ÷ 8

Who owns it

  • THE HEALTH CARE AUTHORITY OF THE CITY OF HUNTSVILLE100%

Related organizations on its own cost report: MARSHALL CO. HLTHCARE AUT, healthcare authority; HGA, healthcare home office.

Other hospitals with the same owner: Dekalb Regional Medical Center (AL), Highlands Medical Center (AL), Lincoln Medical Center (TN).

Type of control on its cost report: governmental, other.

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 010005. 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 February 26, 2026.