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Short-term acute care hospital · Homestead, Florida · 146 beds · CMS certification number 100125

Homestead Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended September 30, 2025, as submitted, stamped by CMS March 11, 2026. 30 years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue
$332.3M
$332,268,272 · G-3 line 3
Operating expenses
$316.3M
$316,283,173 · G-3 line 4
Result from patient care
$16.0M
$15,985,099 · G-3 line 5
Margin on patient care
4.8%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $26.7M in its first year on file (1996) to $332.3M in 2025.
  • Its result from patient care: −$45.8M (2023), −$11.2M (2024), $16.0M (2025).
  • 3 of the 5 short-term acute care hospital peers below with a margin on file also report a gain on patient care for fiscal year 2025.
  • Medicaid paid for 11.8% of its inpatient days and Medicare for 12.7%.

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
$26.7M
$30.0M
1997
reopened
$31.6M
$34.3M
1998
reopened
$31.0M
$35.2M
1999
reopened
$44.9M
$51.2M
2000
settled
$54.6M
$59.7M
2001
reopened
$61.4M
$65.3M
2002
settled
$71.3M
$72.7M
2003
reopened
$92.7M
$98.7M
2004
reopened
$96.5M
$106.4M
2005
reopened
$115.3M
$122.0M
2006
reopened
$135.5M
$149.3M
2007
reopened
$162.8M
$186.5M
2008
reopened
$220.7M
$245.0M
2009
reopened
$238.5M
$267.7M
2010
reopened
$235.8M
$352.0M
2011
reopened
$239.7M
$259.4M
2012
reopened
$223.0M
$246.5M
2013
reopened
$164.7M
$195.8M
2014
reopened
$172.0M
$209.6M
2015
settled with audit
$176.0M
$214.7M
2016
settled with audit
$175.0M
$215.8M
2017
reopened
$197.3M
$223.4M
2018
reopened
$177.9M
$230.9M
2019
settled
$190.9M
$228.1M
2020
settled
$223.9M
$247.6M
2021
settled
$259.8M
$267.7M
2022
settled
$270.4M
$300.3M
2023
settled
$252.9M
$298.7M
2024
amended
$281.3M
$292.5M
2025
as submitted
$332.3M
$316.3M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
Homestead Hospital146$332,268,272$316,283,1734.8%
Adventhealth Deland, Deland142$288,178,977$235,607,61218.2%
Adventhealth Zephyrhills, Zephyrhills149$293,295,477$271,573,1107.4%
Ascension Sacred Heart Bay, Panama City149$241,759,715$248,190,831−2.7%
Cape Canaveral Hospital, Cocoa Beach150$223,666,406$215,714,7683.6%
Orlando Health Sebastian River Hospital, Sebastian145$87,790,862$122,922,243−40.0%

Patients and payers

Discharges
9,305
S-3 line 14, col 15
Inpatient days
33,780
S-3 line 14, col 8
Beds in use, on an average day
92.8
days ÷ days in year
Occupancy
63.4%
days ÷ bed days
Medicare share of days
12.7%
S-3 cols 6 ÷ 8
Medicaid share of days
11.8%
S-3 cols 7 ÷ 8

Who owns it

Related organizations on its own cost report: BAPTIST HEALTH SO FLORIDA, home office.

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

Community benefit, as filed

From IRS Form 990 Schedule H, Part I, filed by Homestead Hospital Inc (employer identification number 650232993) 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)$79,928,908IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><NetCommunityBenefitExpnsAmt>
Financial assistance at cost (line 7a)$30,594,442IRS Form 990 Schedule H, Part I, <FinancialAssistanceAtCostTyp><NetCommunityBenefitExpnsAmt>
Medicaid (line 7b)$45,044,135IRS Form 990 Schedule H, Part I, <UnreimbursedMedicaidGrp><NetCommunityBenefitExpnsAmt>
Financial assistance and means-tested government programs (line 7d)$75,638,577IRS Form 990 Schedule H, Part I, <TotalFinancialAssistanceTyp><NetCommunityBenefitExpnsAmt>
Other benefits (line 7j)$4,290,331IRS Form 990 Schedule H, Part I, <TotalOtherBenefitsGrp><NetCommunityBenefitExpnsAmt>
Total, fraction of total expense (line 7k, column f)0.1924IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><TotalExpensePct>

E-file object id 202422269349301252. The IRS archive it was read from.

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 100125. 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 March 11, 2026.