Velarion Records

Critical access hospital · Nogales, Arizona · 25 beds · CMS certification number 031313

HCH Tucson Holdings

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2025, as submitted, stamped by CMS November 28, 2025. Nineteen years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$44.0M
$44,006,479 · G-3 line 3
Operating expenses
$29.7M
$29,654,735 · G-3 line 4
Result from patient care
$14.4M
$14,351,744 · G-3 line 5
Margin on patient care
32.6%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $22.6M in its first year on file (2007) to $44.0M in 2025.
  • Its result from patient care: $3.2M (2023), $8.6M (2024), $14.4M (2025).
  • 1 of the 5 critical access hospital peers below with a margin on file also reports a gain on patient care for fiscal year 2025.
  • Medicaid paid for 0.8% of its inpatient days and Medicare for 4.8%.
  • CHN HOLDINGS LLC holds 100% of it, on its Medicare enrollment.

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

Nineteen years of filings

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

Net patient revenueOperating expenses
2007
settled
$22.6M
$23.4M
2008
settled
$23.8M
$24.5M
2009
reopened
$24.7M
$26.6M
2010
settled
$24.5M
$29.6M
2011
settled
$24.3M
$28.0M
2012
settled
$19.6M
$24.3M
2013
reopened
$19.5M
$23.2M
2014
settled
$20.1M
$21.7M
2015
settled
$23.3M
$23.0M
2016
settled
$25.7M
$24.3M
2017
settled
$26.1M
$23.8M
2018
settled with audit
$23.3M
$24.9M
2019
reopened
$27.7M
$29.4M
2020
reopened
$29.7M
$27.6M
2021
reopened
$33.9M
$25.1M
2022
settled
$39.5M
$27.8M
2023
as submitted
$26.6M
$23.4M
2024
as submitted
$37.1M
$28.5M
2025
as submitted
$44.0M
$29.7M

Beside its peers

Critical access hospitals in Arizona with 25 to 49 beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
HCH Tucson Holdings25$44,006,479$29,654,73532.6%
Cobre Valley Regional Medical Center, Globe25$135,396,323$112,880,53616.6%
La Paz Regional Hospital, Parker25$46,101,209$53,170,160−15.3%
Page Hospital, Page25$23,789,538$24,937,281−4.8%
Sage Memorial Hospital, Ganado25$44,904,906$95,906,474−113.6%
Little Colorado Medical Center, Winslow25$34,883,509$46,466,924−33.2%

Patients and payers

Discharges
874
S-3 line 14, col 15
Inpatient days
2,707
S-3 line 14, col 8
Beds in use, on an average day
7.4
days ÷ days in year
Occupancy
29.7%
days ÷ bed days
Medicare share of days
4.8%
S-3 cols 6 ÷ 8
Medicaid share of days
0.8%
S-3 cols 7 ÷ 8

Who owns it

  • CHN HOLDINGS LLC100%
  • 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%
  • VHS OF PHOENIX INC100%
  • TUCSON HOSPITAL HOLDINGS INC60%
  • VHS OF SOUTH PHOENIX INC40%

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 Central Campus (AZ), Abrazo Scottsdale Campus (AZ), Abrazo Arrowhead Campus (AZ), Arizona Spine and Joint Hospital (AZ), Abrazo West Campus (AZ), Arizona Specialty Hospital (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 HOSP10FY2024.ZIP, form CMS-2552-10, filed under CMS certification number 031313. 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 HOSP10FY2024.ZIP, read November 28, 2025.