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Children's hospital · Palo Alto, California · 394 beds · CMS certification number 053305

Lucile Packard Children's Hospital Stanford

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended August 31, 2025, as submitted, stamped by CMS February 11, 2026. 29 years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue
$2.7B
$2,702,356,263 · G-3 line 3
Operating expenses
$2.8B
$2,757,289,337 · G-3 line 4
Result from patient care
−$54.9M
−$54,933,074 · G-3 line 5
Margin on patient care
−2.0%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $140.2M in its first year on file (1997) to $2.7B in 2025.
  • Its result from patient care: −$19.5M (2023), −$21.1M (2024), −$54.9M (2025).
  • All 5 children's hospital peers below with a margin on file also report a loss on patient care for fiscal year 2025.
  • Medicaid paid for 15.8% of its inpatient days and Medicare for 0.3%.

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
$140.2M
$143.9M
1998
reopened
$182.5M
$198.3M
1999
settled with audit
$209.6M
$203.7M
2000
settled with audit
$179.4M
$215.5M
2001
settled
$225.6M
$238.3M
2002
settled
$267.2M
$258.6M
2003
settled
$346.9M
$309.2M
2004
settled
$380.0M
$371.3M
2005
settled
$444.5M
$429.6M
2006
reopened
$470.3M
$461.7M
2007
reopened
$564.0M
$589.3M
2008
reopened
$637.8M
$645.3M
2009
reopened
$695.9M
$700.6M
2010
reopened
$757.2M
$749.7M
2011
reopened
$870.7M
$834.2M
2012
reopened
$930.3M
$916.5M
2013
settled
$1.1B
$972.9M
2014
reopened
$1.0B
$1.0B
2015
reopened
$1.3B
$1.2B
2016
reopened
$1.2B
$1.3B
2017
reopened
$1.3B
$1.4B
2018
reopened
$1.5B
$1.6B
2019
reopened
$1.7B
$1.7B
2020
settled with audit
$1.8B
$1.9B
2021
amended
$2.0B
$2.0B
2022
as submitted
$2.1B
$2.2B
2023
as submitted
$2.4B
$2.4B
2024
as submitted
$2.6B
$2.6B
2025
as submitted
$2.7B
$2.8B

Beside its peers

Hospitals of the same type (children's hospital), nearest in size, from California first; each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Lucile Packard Children's Hospital Stanford394$2,702,356,263$2,757,289,337−2.0%
Children's Hospital Los Angeles, Los Angeles386$1,429,610,869$1,932,775,218−35.2%
Rady Children's Hospital Orange County, Orange386$1,373,123,733$1,460,913,735−6.4%
Memorialcare Miller Children's & Women's Hospital Long Beach, Long Beach357$470,574,531$619,930,837−31.7%
Rady Children's Hospital San Diego, San Diego401$1,738,310,754$1,742,140,157−0.2%
Valley Childrens Hospital, Madera358$919,460,586$949,424,953−3.3%

Patients and payers

Discharges
20,429
S-3 line 14, col 15
Inpatient days
116,435
S-3 line 14, col 8
Beds in use, on an average day
319.9
days ÷ days in year
Occupancy
81.0%
days ÷ bed days
Medicare share of days
0.3%
S-3 cols 6 ÷ 8
Medicaid share of days
15.8%
S-3 cols 7 ÷ 8

Who owns it

Indirect owner: THE BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY

Related organizations on its own cost report: STANFORD HEALTH.

Other hospitals with the same owner: Stanford Health Care (CA).

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).

Community benefit, as filed

From IRS Form 990 Schedule H, Part I, filed by LUCILE SALTER PACKARD CHILDREN'S (employer identification number 770003859) for tax year 2022. The return lists this hospital as its one hospital facility.

FigureAs filedWhere it comes from
Total community benefit expense (line 7k)$286,309,940IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><NetCommunityBenefitExpnsAmt>
Financial assistance at cost (line 7a)$1,638,146IRS Form 990 Schedule H, Part I, <FinancialAssistanceAtCostTyp><NetCommunityBenefitExpnsAmt>
Medicaid (line 7b)$239,917,965IRS Form 990 Schedule H, Part I, <UnreimbursedMedicaidGrp><NetCommunityBenefitExpnsAmt>
Financial assistance and means-tested government programs (line 7d)$241,556,111IRS Form 990 Schedule H, Part I, <TotalFinancialAssistanceTyp><NetCommunityBenefitExpnsAmt>
Other benefits (line 7j)$44,753,829IRS Form 990 Schedule H, Part I, <TotalOtherBenefitsGrp><NetCommunityBenefitExpnsAmt>
Total, fraction of total expense (line 7k, column f)0.1187IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><TotalExpensePct>

E-file object id 202401979349300985. The IRS archive it was read from.

Executive and director compensation, as filed

From IRS Form 990 Part VII, Section A, filed by LUCILE SALTER PACKARD CHILDREN'S (employer identification number 770003859) for tax year 2022. The return lists this hospital as its one hospital facility.

NameTitleRoleReportable comp, from this organizationReportable comp, from related organizationsOther compensation
Afia AsamoahDirectorTrustee/director$0$0$0
Amit SinhaDirectorTrustee/director$0$0$0
Amy SempleVP - Surgical and Interv SvcsKey employee$471,747$0$117,363
Anthony NotoDirectorTrustee/director$0$0$0
Brad GeierDirectorTrustee/director$0$0$0
Carolyn Ford HemannVP, Ambulatory ServicesFormer$636,480$0$52,627
Chantal Volel-TorresSVP & CAO Phy Prac/CEO PCHAKey employee$594,261$0$76,699
Dana HaeringEVP & CFOOfficer$980,661$0$79,281
David EntwistleDirectorTrustee/director$0$4,675,833$438,576
Dennis P Lund MDDirector/CMOTrustee/director, Officer$0$962,191$68,684
Edward KopetskySVP & CIOHighest-compensated employee$790,707$0$91,560
Elizabeth DunlevieDirectorTrustee/director$0$0$0
Gregory HogueVP, FinanceKey employee$469,667$0$101,821
Helen WilmotFormer SHC Admin - COOFormer$0$715,115$92,472
J Taylor CrandallDirectorTrustee/director$0$0$0
Jana Uherkova-HaleCLINICAL NURSE, OPERATING ROOMHighest-compensated employee$640,330$0$70,564
Jennifer MulloyDirectorTrustee/director$0$0$0
Jesus CeperoSVP - Patient Care ServicesKey employee$629,682$0$149,531
Jill Ann SullivanSVP - Strat Spc Pln & Gen SrvsKey employee$538,979$0$102,672
Jimena AlmendaresDirector (as of 6/1/2023)Trustee/director$0$0$0
Jonathan CosletDirector, ChairTrustee/director, Officer$0$0$0
Leslie LifterSVP & Chief Marketing OfficerHighest-compensated employee$531,846$0$75,419
Lisa GrisimVP & Associate CIOHighest-compensated employee$680,168$0$90,381
Lloyd B Minor MDDirectorTrustee/director$0$4,398,331$72,491
Marc JonesDirectorTrustee/director$0$0$0
Marcie AtchisonSVP & Chief HR OfficerHighest-compensated employee$602,694$0$108,345
Mariann ByerwalterVice Chair (Until 12/31/21)Trustee/director, Officer$0$0$0
Mary Leonard MDDirectorTrustee/director$0$909,595$32,852
Matt PearsonVP, SHC D&C PRGM MGMTFormer$0$521,020$81,572
Michele SanchezCORPORATE SECRETARYOfficer$153,613$0$34,977
Mindy RogersDirector, Vice ChairTrustee/director, Officer$0$0$0
Patrick IdemotoEVP & Chief Strategy OfficerKey employee$662,494$0$140,519
Paul KingDir., Pres & CEOTrustee/director, Officer$2,133,596$0$72,369
Randy LivingstonDirectorTrustee/director$0$887,487$245,418
Rick MajzunEVP & COOOfficer$1,004,614$0$172,697
RISHI SETHVP - OPERATIONS ADMINISTRATIONKey employee$397,095$0$107,997
Sierra ClarkDirectorTrustee/director$0$0$0
Sue BostromDirector (until 8/31/2023)Trustee/director$0$0$0
Susan Ford DorseyDirector (as of 1/1/2023)Trustee/director, Officer$0$0$0
Tonia KarrDirectorTrustee/director$0$0$0
William Thompson IIIDirectorTrustee/director$0$0$0
WILLIAM WILSON JRVP & Chief Technology OfficerKey employee$498,110$0$114,358
Ying-Ying Goh MDDirectorTrustee/director$0$0$0

E-file object id 202401979349300985. The IRS archive it was read from.

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2024.ZIP, form CMS-2552-10, filed under CMS certification number 053305. 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 February 11, 2026.