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Short-term acute care hospital · Honolulu, Hawaii · 762 beds · CMS certification number 120001

The Queens Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2025, as submitted, stamped by CMS December 16, 2025. 29 years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue
$1.6B
$1,643,731,631 · G-3 line 3
Operating expenses
$1.6B
$1,641,814,774 · G-3 line 4
Result from patient care
$1.9M
$1,916,857 · G-3 line 5
Margin on patient care
0.1%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $298.1M in its first year on file (1997) to $1.6B in 2025.
  • Its result from patient care: $13.8M (2023), $10.8M (2024), $1.9M (2025).
  • 2 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 0.8% of its inpatient days and Medicare for 17.5%.
  • THE QUEEN'S HEALTH SYSTEMS holds 100% of it, on its Medicare enrollment.

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
$298.1M
$323.0M
1998
reopened
$284.7M
$289.7M
1999
reopened
$293.9M
$324.1M
2000
reopened
$322.8M
$362.6M
2001
reopened
$312.4M
$342.9M
2002
reopened
$331.6M
$345.4M
2003
reopened
$362.4M
$385.2M
2004
settled with audit
$375.4M
$410.8M
2005
settled with audit
$414.6M
$431.7M
2006
reopened
$453.2M
$478.9M
2007
reopened
$504.3M
$535.2M
2008
reopened
$551.8M
$570.6M
2009
reopened
$580.7M
$602.5M
2010
reopened
$614.4M
$639.3M
2011
reopened
$622.5M
$667.3M
2012
settled with audit
$675.4M
$699.6M
2013
reopened
$706.8M
$744.9M
2014
settled
$756.9M
$818.0M
2015
reopened
$894.2M
$939.8M
2016
reopened
$964.1M
$1.0B
2017
reopened
$998.3M
$1.1B
2018
reopened
$1.1B
$1.1B
2019
settled with audit
$1.1B
$1.1B
2020
reopened
$1.1B
$1.2B
2021
as submitted
$1.2B
$1.3B
2022
as submitted
$1.4B
$1.5B
2023
amended
$1.4B
$1.4B
2024
as submitted
$1.5B
$1.5B
2025
as submitted
$1.6B
$1.6B

Beside its peers

Hospitals of the same type (short-term acute care hospital), nearest in size, from Hawaii first; each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
The Queens Medical Center762$1,643,731,631$1,641,814,7740.1%
Hilo Benioff Medical Center, Hilo194$316,785,734$374,233,655−18.1%
Kaiser Foundation Hospital, Honolulu225$497,679,068$465,273,1566.5%
Kuakini Medical Center, Honolulu170$152,591,190$191,306,474−25.4%
Maui Memorial Medical Center, Wailuku219$382,548,368$369,621,9613.4%
Straub Benioff Medical Center, Honolulu159$590,299,965$631,548,700−7.0%

Patients and payers

Discharges
34,632
S-3 line 14, col 15
Inpatient days
228,734
S-3 line 14, col 8
Beds in use, on an average day
628.4
days ÷ days in year
Occupancy
84.9%
days ÷ bed days
Medicare share of days
17.5%
S-3 cols 6 ÷ 8
Medicaid share of days
0.8%
S-3 cols 7 ÷ 8

Who owns it

  • THE QUEEN'S HEALTH SYSTEMS100%

Related organizations on its own cost report: DLS (90%), lab svc; QHT (33%), litho svc; TQHS (100%), home office; QDC, development.

Other hospitals with the same owner: Queens North Hawaii Community Hospital (HI), Molokai General Hospital (HI).

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 HOSP10FY2024.ZIP, form CMS-2552-10, filed under CMS certification number 120001. 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 December 16, 2025.