Velarion Records

Short-term acute care hospital · Kealakekua, Hawaii · 83 beds · CMS certification number 120019

Kona Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2025, as submitted, stamped by CMS December 17, 2025. 29 years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue
$118.3M
$118,324,206 · G-3 line 3
Operating expenses
$163.4M
$163,449,230 · G-3 line 4
Result from patient care
−$45.1M
−$45,125,024 · G-3 line 5
Margin on patient care
−38.1%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $21.6M in its first year on file (1997) to $118.3M in 2025.
  • Its result from patient care: −$38.9M (2023), −$51.7M (2024), −$45.1M (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 33.2% of its inpatient days and Medicare for 14.6%.
  • HAWAII HEALTH SYSTEMS CORPORATION 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
settled
$21.6M
$22.9M
1998
reopened
$26.2M
$28.0M
1999
settled with audit
$28.3M
$31.4M
2000
settled with audit
$25.0M
$28.9M
2001
settled
$27.6M
$31.9M
2002
reopened
$32.8M
$37.7M
2003
settled
$36.4M
$42.4M
2004
settled
$37.6M
$44.8M
2005
reopened
$40.3M
$48.3M
2006
settled
$40.3M
$56.2M
2007
reopened
$49.8M
$63.8M
2008
reopened
$52.1M
$66.4M
2009
reopened
$44.1M
$63.1M
2010
reopened
$47.8M
$60.3M
2011
settled
$50.7M
$62.6M
2012
settled
$56.0M
$66.5M
2013
settled
$48.9M
$72.8M
2014
settled
$57.1M
$83.5M
2015
settled
$63.6M
$84.6M
2016
settled
$66.3M
$83.9M
2017
settled
$78.0M
$91.1M
2018
settled
$90.0M
$98.6M
2019
settled
$77.6M
$106.5M
2020
settled
$90.0M
$114.9M
2021
reopened
$83.4M
$117.4M
2022
settled
$96.1M
$132.5M
2023
settled
$105.2M
$144.2M
2024
as submitted
$108.1M
$159.7M
2025
as submitted
$118.3M
$163.4M

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
Kona Hospital83$118,324,206$163,449,230−38.1%
Adventist Health Castle, Kailua142$241,780,702$284,123,757−17.5%
Pali Momi Medical Center, Aiea118$349,444,796$357,512,624−2.3%
Queens North Hawaii Community Hospital, Kamuela33$109,521,896$109,432,6940.1%
Straub Benioff Medical Center, Honolulu159$590,299,965$631,548,700−7.0%
Wilcox Medical Center, Lihue72$156,324,882$170,619,215−9.1%

Patients and payers

Discharges
3,112
S-3 line 14, col 15
Inpatient days
23,464
S-3 line 14, col 8
Beds in use, on an average day
64.5
days ÷ days in year
Occupancy
77.5%
days ÷ bed days
Medicare share of days
14.6%
S-3 cols 6 ÷ 8
Medicaid share of days
33.2%
S-3 cols 7 ÷ 8

Who owns it

  • HAWAII HEALTH SYSTEMS CORPORATION100%

Related organizations on its own cost report: HHSC (100%), administrative; KOHALA HOSPITAL (100%), hospital.

Other hospitals with the same owner: Hilo Benioff Medical Center (HI), Kau Hospital (HI), Kahuku Medical Center (HI), Samuel Mahelona Memorial Hospital (HI), Honokaa Hospital & Skilled Nursing (HI), Leahi Hospital (HI).

Type of control on its cost report: governmental, state.

Owners of 5% or more, from CMS’s hospital ownership file (Medicare enrollment, October 1, 2026).

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 120019. 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 17, 2025.