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Short-term acute care hospital · Crestview, Florida · 110 beds · CMS certification number 100122

North Okaloosa Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended March 31, 2026, as submitted, stamped by CMS September 15, 2026. 30 years on file, every one shown below.

Fiscal 2026 at a glance

Net patient revenue
$150.7M
$150,651,657 · G-3 line 3
Operating expenses
$105.0M
$104,960,050 · G-3 line 4
Result from patient care
$45.7M
$45,691,607 · G-3 line 5
Margin on patient care
30.3%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $37.4M in its first year on file (1997) to $150.7M in 2026.
  • Its result from patient care: $60.0M (2024), $61.1M (2025), $45.7M (2026).
  • All 5 short-term acute care hospital peers below with a margin on file also report a gain on patient care for fiscal year 2026.
  • Medicaid paid for 3.0% of its inpatient days and Medicare for 28.5%.
  • CHS COMMUNITY HEALTH SYSTEMS INC 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
1997
reopened
$37.4M
$34.6M
1998
reopened
$38.4M
$33.7M
1999
reopened
$41.2M
$35.2M
2000
reopened
$46.5M
$40.3M
2001
reopened
$54.8M
$46.9M
2002
settled
$62.6M
$52.7M
2003
settled with audit
$68.3M
$59.8M
2004
settled with audit
$73.0M
$62.5M
2005
settled
$78.8M
$66.5M
2006
reopened
$85.5M
$71.5M
2007
reopened
$86.0M
$76.6M
2008
reopened
$91.1M
$76.7M
2009
reopened
$97.1M
$79.5M
2010
reopened
$96.0M
$82.5M
2011
reopened
$97.8M
$88.8M
2012
reopened
$103.7M
$90.2M
2013
reopened
$98.4M
$90.6M
2014
reopened
$102.2M
$90.1M
2015
reopened
$107.4M
$92.3M
2016
reopened
$85.0M
$68.1M
2017
settled
$90.0M
$67.0M
2018
settled
$83.8M
$67.3M
2019
reopened
$98.6M
$64.5M
2020
settled
$92.4M
$61.0M
2021
settled
$96.1M
$57.3M
2022
settled
$110.7M
$69.0M
2023
settled
$120.0M
$69.3M
2024
amended
$128.8M
$68.8M
2025
amended
$142.9M
$81.8M
2026
as submitted
$150.7M
$105.0M

Beside its peers

Hospitals of the same type (short-term acute care hospital), nearest in size, from Florida first; each on fiscal year 2026.

HospitalBedsNet patient revenueOperating expensesMargin
North Okaloosa Medical Center110$150,651,657$104,960,05030.3%
HCA Florida Bayonet Point Hospital, Hudson320$489,672,582$289,352,81440.9%
HCA Florida Gulf Coast Hospital, Panama City253$435,619,129$274,149,78137.1%
HCA Florida Largo Hospital, Largo260$457,505,962$337,498,45726.2%
HCA Florida Westside Hospital, Plantation250$396,572,335$211,132,82346.8%
Ucf Lake Nona Hospital, Orlando64$119,478,775$94,697,54420.7%

Patients and payers

Discharges
5,898
S-3 line 14, col 15
Inpatient days
22,743
S-3 line 14, col 8
Beds in use, on an average day
62.5
days ÷ days in year
Occupancy
56.6%
days ÷ bed days
Medicare share of days
28.5%
S-3 cols 6 ÷ 8
Medicaid share of days
3.0%
S-3 cols 7 ÷ 8

Who owns it

  • CHS COMMUNITY HEALTH SYSTEMS INC100%
  • COMMUNITY HEALTH INVESTMENT COMPANY LLC100%
  • COMMUNITY HEALTH SYSTEMS INC100%
  • NORTH OKALOOSA MEDICAL COMPANY LLC100%

Related organizations on its own cost report: CHS, management; PASI, debt collection.

Other hospitals with the same owner: Gadsden Regional Medical Center (AL), Medical Center Enterprise (AL), Flowers Hospital (AL), Baldwin Health (AL), Grandview Medical Center (AL), Crestwood Medical Center (AL), Mat-Su Regional Medical Center (AK).

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 HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 100122. 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 September 15, 2026.