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Short-term acute care hospital · Fort Smith, Arkansas · 278 beds · CMS certification number 040055

Baptist Health - Fort Smith

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS June 15, 2026. 29 years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue
$275.5M
$275,480,526 · G-3 line 3
Operating expenses
$319.4M
$319,381,229 · G-3 line 4
Result from patient care
−$43.9M
−$43,900,703 · G-3 line 5
Margin on patient care
−15.9%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $104.7M in its first year on file (1997) to $275.5M in 2025.
  • Its result from patient care: −$23.6M (2023), −$46.2M (2024), −$43.9M (2025).
  • 3 of the 5 short-term acute care hospital peers below with a margin on file also report a loss on patient care for fiscal year 2025.
  • Medicaid paid for 8.9% of its inpatient days and Medicare for 28.4%.

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

29 years of filings

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

Net patient revenueOperating expenses
1997
reopened
$104.7M
$99.7M
1998
reopened
$103.3M
$106.3M
1999
reopened
$130.1M
$172.5M
2000
settled with audit
$149.3M
$223.1M
2001
settled
$222.5M
$230.4M
2002
reopened
$235.6M
$260.9M
2003
reopened
$214.6M
$274.7M
2004
reopened
$223.7M
$242.4M
2005
reopened
$235.9M
$250.9M
2006
reopened
$229.7M
$246.7M
2007
reopened
$227.4M
$249.3M
2008
reopened
$232.0M
$269.8M
2009
reopened
$258.2M
$291.7M
2010
reopened
$261.0M
$209.4M
2011
reopened
$233.3M
$206.2M
2012
reopened
$239.4M
$221.6M
2013
reopened
$252.4M
$235.1M
2014
reopened
$208.2M
$201.0M
2015
reopened
$282.0M
$266.1M
2016
reopened
$264.4M
$238.3M
2017
reopened
$246.3M
$248.8M
2018
settled
$253.3M
$253.6M
2019
settled with audit
$219.7M
$236.3M
2020
settled with audit
$234.8M
$239.8M
2021
as submitted
$262.0M
$302.2M
2022
amended
$279.1M
$315.8M
2023
as submitted
$303.6M
$327.2M
2024
as submitted
$295.7M
$341.9M
2025
as submitted
$275.5M
$319.4M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
Baptist Health - Fort Smith278$275,480,526$319,381,229−15.9%
Jefferson Hospital Association, Pine Bluff245$258,405,842$264,876,678−2.5%
Mercy Hospital Fort Smith, Fort Smith286$525,954,140$455,155,17213.5%
Mercy Hospital Northwest Arkansas, Rogers263$435,374,112$418,870,9843.8%
Northwest Medical Center, Springdale309$309,432,216$320,672,088−3.6%
CHI St. Vincent Infirmary, Little Rock338$411,933,756$548,155,396−33.1%

Patients and payers

Discharges
8,824
S-3 line 14, col 15
Inpatient days
38,550
S-3 line 14, col 8
Beds in use, on an average day
105.9
days ÷ days in year
Occupancy
38.0%
days ÷ bed days
Medicare share of days
28.4%
S-3 cols 6 ÷ 8
Medicaid share of days
8.9%
S-3 cols 7 ÷ 8

Who owns it

Related organizations on its own cost report: BH HOME OFFICE, home office; BHMC-LR, hospital; ORG 909, bh exec sal&ben; PRACTICE PLUS, clinic admin.

Type of control on its cost report: voluntary nonprofit, other.

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 040055. Patients and payers: worksheet S-3 Part I of the same filing.

How this page was built: the CMS Medicare cost report, file HOSP10FY2025.ZIP, read June 15, 2026.