Velarion Records

Short-term acute care hospital · Albany, Georgia · 361 beds · CMS certification number 110007

Phoebe Putney Memorial Hospital

Latest filing: fiscal year ended July 31, 2025, as submitted, stamped by CMS September 30, 2026. 29 years on file, all shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue $813.1M $813,077,831 · G-3 line 3
Operating expenses $844.1M $844,083,858 · G-3 line 4
Result from patient care −$31.0M −$31,006,027 · G-3 line 5
Margin on patient care −3.8% line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $207.6M in its first year on file (1997) to $813.1M in 2025.
  • Its result from patient care: −$47.4M (2023), −$38.7M (2024), −$31.0M (2025).
  • 1 of the 5 short-term acute care hospital peers below with a margin on file also reports a loss on patient care for fiscal year 2025.
  • Medicaid paid for 8.3% of its inpatient days and Medicare for 13.7%.
  • PHOEBE PUTNEY HEALTH SYSTEMS INC holds 100% of it, on its Medicare enrollment.

How these statements are drawn

29 years of filings

Net patient revenueOperating expenses

1997 reopened margin 16.4% $207.6M $173.6M

1998 reopened margin 5.3% $220.1M $208.3M

1999 reopened margin 5.2% $234.8M $222.5M

2000 reopened margin 8.3% $264.9M $242.9M

2001 reopened margin 5.1% $282.4M $268.1M

2002 reopened margin 9.2% $341.1M $309.9M

2003 reopened margin 0.3% $362.3M $361.3M

2004 reopened margin −5.5% $358.8M $378.6M

2005 reopened margin −7.2% $411.6M $441.1M

2006 reopened margin −4.2% $432.2M $450.2M

2007 reopened margin −6.5% $479.3M $510.2M

2008 reopened margin 1.6% $489.4M $481.8M

2009 settled margin 9.8% $511.2M $460.9M

2010 reopened margin −3.7% $480.0M $497.9M

2011 reopened margin −9.5% $493.8M $540.6M

2012 reopened margin −4.6% $510.6M $534.3M

2013 reopened margin −11.6% $495.4M $553.0M

2014 reopened margin −12.8% $467.0M $526.8M

2015 reopened margin 2.9% $490.6M $476.4M

2016 reopened margin −5.5% $498.9M $526.3M

2017 reopened margin −3.4% $500.0M $517.1M

2018 settled margin −3.7% $510.0M $528.9M

2019 settled with audit margin −1.9% $558.1M $568.7M

2020 settled margin −3.6% $575.0M $596.0M

2021 settled margin −15.0% $610.7M $702.2M

2022 settled margin −23.4% $613.4M $756.8M

2023 as submitted margin −7.1% $665.5M $712.9M

2024 amended margin −5.4% $714.0M $752.7M

2025 as submitted margin −3.8% $813.1M $844.1M

Beside its peers

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

Hospital Beds Net patient revenue Operating expenses Margin

Phoebe Putney Memorial Hospital 361 $813,077,831 $844,083,858 −3.8%

Wellstar Cobb Hospital, Austell 367 $1,123,183,804 $1,072,126,226 4.5%

Northside Hospital Cherokee, Canton 343 $855,606,808 $837,473,116 2.1%

Piedmont Columbus Regional Midtown, Columbus 336 $614,674,485 $589,108,977 4.2%

St. Francis Hospital, Columbus 313 $306,684,691 $335,220,892 −9.3%

Emory Saint Joseph's Hospital, Atlanta 370 $706,414,163 $655,461,532 7.2%

Patients and payers

  • Discharges 16,967 S-3 line 14, col 15
  • Inpatient days 111,603 S-3 line 14, col 8
  • Beds in use, on an average day 306.6 days ÷ days in year
  • Occupancy 84.3% days ÷ bed days
  • Medicare share of days 13.7% S-3 cols 6 ÷ 8
  • Medicaid share of days 8.3% S-3 cols 7 ÷ 8

Who owns it

  • PHOEBE PUTNEY HEALTH SYSTEMS INC100%

Related organizations on its own cost report: PHOEBE PUTNEY H (100%); PHOEBE PUTNEY I (100%).

Other hospitals with the same owner: Phoebe Sumter Medical Center (GA), Phoebe Worth Medical Center (GA).

Control: voluntary nonprofit, other.

Follow Phoebe Putney Memorial Hospital, free

More short-term acute care hospitals in Georgia

File HOSP10FY2024.ZIP, form CMS-2552-10, CMS certification number 110007. Owners of 5% or more: CMS Hospital All Owners and Hospital Enrollments, Medicare enrollment October 1, 2026.

How this page was built: the CMS Medicare cost report, file HOSP10FY2024.ZIP, read September 30, 2026.

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