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Short-term acute care hospital · Phoenix, Arizona · 154 beds · CMS certification number 030030

Abrazo Central Campus

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended March 31, 2026, as submitted, stamped by CMS September 15, 2026. 30 years on file, every one shown below.

Fiscal 2026 at a glance

Net patient revenue
$99.7M
$99,699,157 · G-3 line 3
Operating expenses
$107.5M
$107,486,179 · G-3 line 4
Result from patient care
−$7.8M
−$7,787,022 · G-3 line 5
Margin on patient care
−7.8%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $78.4M in its first year on file (1997) to $99.7M in 2026.
  • Its result from patient care: −$5.8M (2024), $5.1M (2025), −$7.8M (2026).
  • None of the 2 short-term acute care hospital peers below with a margin on file reports a loss on patient care for fiscal year 2026.
  • Medicaid paid for 8.3% of its inpatient days and Medicare for 13.6%.
  • TENET HEALTHCARE CORPORATION 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
1997
reopened
$78.4M
$75.4M
1998
reopened
$87.9M
$86.8M
1999
reopened
$89.9M
$93.3M
2000
reopened
$69.4M
$70.9M
2001
reopened
$71.2M
$74.4M
2002
reopened
$82.9M
$86.8M
2003
reopened
$94.3M
$100.2M
2004
reopened
$105.0M
$112.0M
2005
reopened
$115.5M
$119.4M
2006
reopened
$107.8M
$110.4M
2007
reopened
$116.3M
$126.7M
2008
reopened
$113.2M
$120.7M
2009
reopened
$116.8M
$118.5M
2010
reopened
$129.5M
$127.5M
2011
reopened
$161.6M
$164.8M
2012
reopened
$185.4M
$186.7M
2013
reopened
$164.0M
$173.3M
2014
reopened
$182.2M
$194.8M
2015
reopened
$149.6M
$197.0M
2016
reopened
$133.9M
$161.1M
2017
reopened
$107.9M
$129.4M
2018
reopened
$119.9M
$133.0M
2019
reopened
$126.5M
$124.4M
2020
reopened
$124.6M
$138.9M
2021
reopened
$128.8M
$139.5M
2022
settled
$132.2M
$141.1M
2023
settled
$108.4M
$119.9M
2024
amended
$98.9M
$104.7M
2025
as submitted
$110.2M
$105.0M
2026
as submitted
$99.7M
$107.5M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
Abrazo Central Campus154$99,699,157$107,486,179−7.8%
Abrazo Arrowhead Campus, Glendale282$499,262,049$435,293,08812.8%
East Valley Er & Hospital, Gilbert14$28,764,757$21,179,23026.4%

Patients and payers

Discharges
4,786
S-3 line 14, col 15
Inpatient days
20,775
S-3 line 14, col 8
Beds in use, on an average day
57.1
days ÷ days in year
Occupancy
37.0%
days ÷ bed days
Medicare share of days
13.6%
S-3 cols 6 ÷ 8
Medicaid share of days
8.3%
S-3 cols 7 ÷ 8

Who owns it

  • TENET HEALTHCARE CORPORATION100%
  • VANGUARD HEALTH FINANCIAL COMPANY LLC100%
  • VANGUARD HEALTH HOLDING COMPANY I LLC100%
  • VANGUARD HEALTH HOLDING COMPANY II LLC100%
  • VANGUARD HEALTH MANAGEMENT INC100%
  • VANGUARD HEALTH SYSTEMS INC100%
  • MORGAN STANLEY DEAN WITTER CAPITAL8%

Indirect owner: MORGAN STANLEY DEAN WITTER CAPITAL

Related organizations on its own cost report: TENET HEALTHCARE CORPORATION, parent company; CONIFER, credit and collection; GLOBAL BUSINESS CENTER, accounting support.

Other hospitals with the same owner: St. Mary's Hospital (AZ), St. Joseph's Hospital (AZ), Abrazo Scottsdale Campus (AZ), Abrazo Arrowhead Campus (AZ), Arizona Spine and Joint Hospital (AZ), Abrazo West Campus (AZ), Arizona Specialty Hospital (AZ), HCH Tucson Holdings (AZ), Doctors Hospital of Manteca (CA).

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

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 030030. 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 September 15, 2026.