Velarion Records

Short-term acute care hospital · Tucson, Arizona · 151 beds · CMS certification number 030111

Banner - University Medical Center South Campus

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS May 29, 2026. 21 years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue
$274.1M
$274,062,203 · G-3 line 3
Operating expenses
$264.3M
$264,336,582 · G-3 line 4
Result from patient care
$9.7M
$9,725,621 · G-3 line 5
Margin on patient care
3.5%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $34.0M in its first year on file (2005) to $274.1M in 2025.
  • Its result from patient care: −$18.5M (2023), $2.8M (2024), $9.7M (2025).
  • 3 of the 5 short-term acute care hospital peers below with a margin on file also report a gain on patient care for fiscal year 2025.
  • Medicaid paid for 41.7% of its inpatient days and Medicare for 12.7%.
  • BANNER HEALTH holds 100% of it, on its Medicare enrollment.

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

21 years of filings

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

Net patient revenueOperating expenses
2005
settled
$34.0M
$61.4M
2006
reopened
$49.4M
$78.9M
2007
settled
not filed
$98.1M
2008
reopened
not filed
$109.7M
2009
reopened
not filed
$119.5M
2010
reopened
$82.5M
$144.6M
2011
reopened
$122.8M
$133.0M
2012
reopened
$157.0M
$158.2M
2013
reopened
$125.9M
$167.2M
2014
settled with audit
$122.0M
$154.9M
2015
reopened
$101.2M
$129.2M
2016
reopened
$146.2M
$153.2M
2017
reopened
$159.8M
$183.0M
2018
reopened
$154.9M
$159.8M
2019
reopened
$173.8M
$168.7M
2020
reopened
$167.0M
$180.6M
2021
settled
$198.0M
$208.3M
2022
settled
$190.9M
$222.0M
2023
settled
$221.1M
$239.6M
2024
as submitted
$237.0M
$234.2M
2025
as submitted
$274.1M
$264.3M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
Banner - University Medical Center South Campus151$274,062,203$264,336,5823.5%
Abrazo Central Campus, Phoenix154$110,188,063$105,046,8494.7%
Banner Casa Grande Medical Center, Casa Grande141$168,553,358$163,746,6692.9%
Havasu Regional Medical Center, Lake Havasu City144$306,874,122$258,872,40015.6%
Honorhealth Four Peaks Medical Center, Mesa179$165,528,896$247,992,770−49.8%
Kingman Regional Medical Center, Kingman196$391,871,357$408,553,343−4.3%

Patients and payers

Discharges
8,116
S-3 line 14, col 15
Inpatient days
45,689
S-3 line 14, col 8
Beds in use, on an average day
125.5
days ÷ days in year
Occupancy
84.5%
days ÷ bed days
Medicare share of days
12.7%
S-3 cols 6 ÷ 8
Medicaid share of days
41.7%
S-3 cols 7 ÷ 8

Who owns it

  • BANNER HEALTH100%

Related organizations on its own cost report: BANNER HEALTH, healthcare; BUMCT, healthcare.

Other hospitals with the same owner: Banner - University Medical Center Phoenix (AZ), Banner Casa Grande Medical Center (AZ), Banner Boswell 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 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 030111. 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 29, 2026.