Short-term acute care hospital · Queen Creek, Arizona · 89 beds · CMS certification number 030130
Banner Ironwood Medical Center
Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS June 25, 2026. Sixteen years on file, every one shown below.
Fiscal 2025 at a glance
What stands out
- Net patient revenue rose from $3.9M in its first year on file (2010) to $153.7M in 2025.
- Its result from patient care: $12.8M (2023), $13.3M (2024), $20.4M (2025).
- 4 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 21.2% of its inpatient days and Medicare for 15.9%.
- BANNER HEALTH holds 100% of it, on its Medicare enrollment.
Every statement is drawn from figures on this page; nothing is estimated.
Sixteen years of filings
Net patient revenue against operating expenses, each year as filed.
reopened
reopened
reopened
reopened
reopened
settled
settled
settled
settled
settled
settled
settled
settled
settled
settled
as submitted
Beside its peers
Short-term acute care hospitals in Arizona with 50 to 99 beds, each on fiscal year 2025.
| Hospital | Beds | Net patient revenue | Operating expenses | Margin |
|---|---|---|---|---|
| Banner Ironwood Medical Center | 89 | $153,749,155 | $133,331,111 | 13.3% |
| Banner Ocotillo Medical Center, Chandler | 94 | $123,549,286 | $114,986,016 | 6.9% |
| Honorhealth Sonoran Crossing Medical Center, Phoenix | 79 | $141,130,396 | $148,352,793 | −5.1% |
| Summit Healthcare Regional Medical Center, Show Low | 89 | $304,466,739 | $287,670,926 | 5.5% |
| Verde Valley Medical Center, Cottonwood | 86 | $198,962,112 | $192,414,926 | 3.3% |
| Western Arizona Regional Medical Center, Bullhead City | 90 | $141,110,229 | $54,642,928 | 61.3% |
Patients and payers
- Discharges
- 6,480S-3 line 14, col 15
- Inpatient days
- 20,711S-3 line 14, col 8
- Beds in use, on an average day
- 56.9days ÷ days in year
- Occupancy
- 63.8%days ÷ bed days
- Medicare share of days
- 15.9%S-3 cols 6 ÷ 8
- Medicaid share of days
- 21.2%S-3 cols 7 ÷ 8
Who owns it
- BANNER HEALTH100%
Related organizations on its own cost report: BANNER HEALTH, 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 - University Medical Center South Campus (AZ), Banner Estrella Medical Center (AZ), Banner Gateway 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).
Follow this hospital, free
We send this record now and tell you when it files again.
More short-term acute care hospitals in Arizona
From the publisher of Velarion Records
Velarion Intel
Independent Decision-Grade Intelligence
Compensation and corporate governance intelligence for advisors, investors and companies. Executive and board pay for public companies, benchmarked against peers.
Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 030130. 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 25, 2026.