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Short-term acute care hospital · Sun City, Arizona · 348 beds · CMS certification number 030061

Banner Boswell Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS June 22, 2026. 30 years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$447.8M
$447,828,868 · G-3 line 3
Operating expenses
$462.1M
$462,107,432 · G-3 line 4
Result from patient care
−$14.3M
−$14,278,564 · G-3 line 5
Margin on patient care
−3.2%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $110.2M in its first year on file (1996) to $447.8M in 2025.
  • Its result from patient care: −$27.7M (2023), −$25.1M (2024), −$14.3M (2025).
  • 1 of the 5 short-term acute care hospital peers below with a margin on file also reports a loss on patient care for fiscal year 2025.
  • Medicaid paid for 11.3% of its inpatient days and Medicare for 27.5%.
  • BANNER HEALTH 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
reopened
$110.2M
$103.0M
1997
reopened
$108.5M
$111.2M
1998
reopened
$99.8M
$100.6M
1999
reopened
$121.5M
$121.9M
2000
reopened
$130.7M
$135.9M
2001
reopened
$143.8M
$146.4M
2002
reopened
$167.8M
$157.9M
2003
reopened
$199.8M
$194.6M
2004
settled
$214.3M
$209.6M
2005
reopened
$238.2M
$234.4M
2006
reopened
$259.1M
$255.5M
2007
settled
$271.5M
$246.5M
2008
reopened
$88.9M
$92.9M
2009
reopened
$315.8M
$300.7M
2010
reopened
$332.5M
$303.1M
2011
reopened
$312.6M
$285.5M
2012
reopened
$292.3M
$271.7M
2013
reopened
$282.8M
$261.7M
2014
settled
$284.6M
$278.6M
2015
reopened
$286.5M
$288.4M
2016
reopened
$297.7M
$298.7M
2017
settled
$338.8M
$317.6M
2018
reopened
$323.3M
$324.4M
2019
reopened
$346.7M
$352.8M
2020
settled
$346.7M
$346.7M
2021
settled
$356.4M
$390.5M
2022
settled
$356.9M
$382.6M
2023
as submitted
$372.7M
$400.5M
2024
amended
$417.1M
$442.2M
2025
as submitted
$447.8M
$462.1M

Beside its peers

Short-term acute care hospitals in Arizona with 200 to 399 beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Banner Boswell Medical Center348$447,828,868$462,107,432−3.2%
Banner Baywood Medical Center, Mesa337$246,251,629$298,742,470−21.3%
Banner Del E Webb Medical Center, Sun City West323$426,943,936$413,617,6563.1%
Banner Estrella Medical Center, Phoenix317$521,240,448$444,081,84514.8%
St. Mary's Hospital, Tucson357$240,491,715$212,209,07511.8%
Mayo Clinic Hospital, Phoenix368$3,272,110,524$3,033,697,8037.3%

Patients and payers

Discharges
17,364
S-3 line 14, col 15
Inpatient days
86,596
S-3 line 14, col 8
Beds in use, on an average day
237.9
days ÷ days in year
Occupancy
68.2%
days ÷ bed days
Medicare share of days
27.5%
S-3 cols 6 ÷ 8
Medicaid share of days
11.3%
S-3 cols 7 ÷ 8

Who owns it

  • BANNER HEALTH100%

Related organizations on its own cost report: HOME OFFICE (100%); RELATED PARTY (100%); RELATED PARTY (100%); RELATED PARTY (100%).

Other hospitals with the same owner: Banner - University Medical Center Phoenix (AZ), Banner Casa Grande Medical Center (AZ), Banner - University Medical Center Tucson Campus (AZ), Banner Desert Medical Center (AZ), Banner Baywood Medical Center (AZ), Banner Thunderbird Medical Center (AZ), Banner Del E Webb Medical Center (AZ), Banner Heart Hospital (AZ), Banner - University Medical Center South Campus (AZ), Banner Estrella Medical Center (AZ), Banner Gateway Medical Center (AZ), Banner Ironwood Medical Center (AZ).

Type of control on its cost report: voluntary nonprofit, 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 030061. 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 June 22, 2026.