Velarion Records

Short-term acute care hospital · Honolulu, Hawaii · 170 beds · CMS certification number 120007

Kuakini Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2025, as submitted, stamped by CMS December 8, 2025. 29 years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$152.6M
$152,591,190 · G-3 line 3
Operating expenses
$191.3M
$191,306,474 · G-3 line 4
Result from patient care
−$38.7M
−$38,715,284 · G-3 line 5
Margin on patient care
−25.4%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $103.7M in its first year on file (1997) to $152.6M in 2025.
  • Its result from patient care: −$23.3M (2023), −$28.9M (2024), −$38.7M (2025).
  • 4 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 0.1% of its inpatient days and Medicare for 24.3%.

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
$103.7M
$103.0M
1998
reopened
$106.9M
$101.2M
1999
reopened
$103.3M
$106.9M
2000
reopened
$100.8M
$110.0M
2001
reopened
$107.7M
$111.5M
2002
reopened
$108.9M
$115.2M
2003
settled
$111.3M
$121.0M
2004
reopened
$112.4M
$124.7M
2005
reopened
$112.0M
$128.3M
2006
reopened
$116.2M
$135.4M
2007
settled
$115.7M
$132.6M
2008
reopened
$122.2M
$135.8M
2009
reopened
$132.9M
$141.9M
2010
reopened
$131.3M
$146.9M
2011
reopened
$132.3M
$153.8M
2012
reopened
$138.5M
$155.6M
2013
settled with audit
$148.3M
$166.2M
2014
settled
$137.1M
$156.0M
2015
reopened
$137.6M
$160.7M
2016
reopened
$140.8M
$163.4M
2017
reopened
$144.0M
$169.1M
2018
reopened
$144.2M
$168.2M
2019
settled
$145.6M
$161.8M
2020
reopened
$130.3M
$160.7M
2021
settled
$135.5M
$168.6M
2022
settled
$140.4M
$156.8M
2023
settled
$144.7M
$168.0M
2024
as submitted
$149.0M
$178.0M
2025
as submitted
$152.6M
$191.3M

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
Kuakini Medical Center170$152,591,190$191,306,474−25.4%
Adventist Health Castle, Kailua142$241,780,702$284,123,757−17.5%
Hilo Benioff Medical Center, Hilo194$316,785,734$374,233,655−18.1%
Maui Memorial Medical Center, Wailuku219$382,548,368$369,621,9613.4%
Pali Momi Medical Center, Aiea118$349,444,796$357,512,624−2.3%
Straub Benioff Medical Center, Honolulu159$590,299,965$631,548,700−7.0%

Patients and payers

Discharges
3,639
S-3 line 14, col 15
Inpatient days
27,589
S-3 line 14, col 8
Beds in use, on an average day
75.8
days ÷ days in year
Occupancy
44.5%
days ÷ bed days
Medicare share of days
24.3%
S-3 cols 6 ÷ 8
Medicaid share of days
0.1%
S-3 cols 7 ÷ 8

Who owns it

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

Follow this hospital, free

We send this record now and tell you when it files again.

More short-term acute care hospitals in Hawaii

From the publisher of Velarion Records

Velarion Intel

Independent Decision-Grade Intelligence

Compensation and corporate governance intelligence for advisors, investors and companies. Executive and board pay for public companies, benchmarked against peers.

See what Intel shows

Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2024.ZIP, form CMS-2552-10, filed under CMS certification number 120007. Patients and payers: worksheet S-3 Part I of the same filing.

How this page was built: the CMS Medicare cost report, file HOSP10FY2024.ZIP, read December 8, 2025.