Velarion Records

Short-term acute care hospital · Greeley, Colorado · 179 beds · CMS certification number 060001

Banner North Colorado Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS May 29, 2026. 30 years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue
$394.4M
$394,354,539 · G-3 line 3
Operating expenses
$394.9M
$394,893,800 · G-3 line 4
Result from patient care
−$539K
−$539,261 · G-3 line 5
Margin on patient care
−0.1%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $109.5M in its first year on file (1996) to $394.4M in 2025.
  • Its result from patient care: −$31.4M (2023), −$21.7M (2024), −$539K (2025).
  • 2 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 35.5% of its inpatient days and Medicare for 16.7%.
  • BANNER HEALTH holds 100% of it, on its Medicare enrollment.

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

30 years of filings

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

Net patient revenueOperating expenses
1996
reopened
$109.5M
$112.6M
1997
reopened
$131.9M
$126.1M
1998
reopened
$142.9M
$136.2M
1999
reopened
$134.3M
$131.8M
2000
reopened
$148.2M
$147.0M
2001
reopened
$174.6M
$175.4M
2002
reopened
$202.0M
$197.8M
2003
settled with audit
$235.9M
$232.3M
2004
reopened
$267.5M
$272.9M
2005
reopened
$280.3M
$267.6M
2006
reopened
$292.7M
$310.2M
2007
reopened
$321.9M
$319.3M
2008
reopened
$354.1M
$343.0M
2009
reopened
$348.0M
$337.3M
2010
reopened
$373.0M
$357.5M
2011
reopened
$355.6M
$329.8M
2012
reopened
$352.8M
$339.4M
2013
reopened
$349.0M
$325.4M
2014
reopened
$353.6M
$323.3M
2015
reopened
$372.6M
$351.5M
2016
reopened
$354.3M
$343.2M
2017
reopened
$360.7M
$347.7M
2018
reopened
$377.4M
$336.1M
2019
reopened
$370.4M
$351.2M
2020
settled
$320.8M
$332.0M
2021
settled
$331.0M
$368.3M
2022
settled
$321.9M
$364.1M
2023
settled
$321.3M
$352.7M
2024
settled
$339.9M
$361.6M
2025
as submitted
$394.4M
$394.9M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
Banner North Colorado Medical Center179$394,354,539$394,893,800−0.1%
Adventhealth Parker, Parker179$461,620,290$409,657,74711.3%
Adventhealth Porter, Denver182$486,658,988$507,754,119−4.3%
HCA Healthone Mountain Ridge Hospital, Thornton158$271,034,590$241,420,05210.9%
Intermountain Health Good Samaritan Hospital, Lafayette183$275,620,040$314,904,803−14.2%
Poudre Valley Hospital, Loveland180$625,835,002$544,568,79613.0%

Patients and payers

Discharges
8,211
S-3 line 14, col 15
Inpatient days
39,863
S-3 line 14, col 8
Beds in use, on an average day
109.5
days ÷ days in year
Occupancy
61.0%
days ÷ bed days
Medicare share of days
16.7%
S-3 cols 6 ÷ 8
Medicaid share of days
35.5%
S-3 cols 7 ÷ 8

Who owns it

  • BANNER HEALTH100%

Related organizations on its own cost report: NCMC (100%), 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).

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 060001. 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.