Short-term acute care hospital · Raleigh, North Carolina · 721 beds · CMS certification number 340069
Wakemed Raleigh Campus
Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended September 30, 2025, amended, stamped by CMS May 15, 2026. 29 years on file, every one shown below. Also on the 340B covered-entity register.
Fiscal 2025 at a glance
What stands out
- Net patient revenue rose from $247.4M in its first year on file (1997) to $1.6B in 2025.
- Its result from patient care: $82.6M (2023), $57.4M (2024), $84.9M (2025).
- 4 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 4.8% of its inpatient days and Medicare for 15.8%.
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.
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Beside its peers
Short-term acute care hospitals in North Carolina with 400 and over beds, each on fiscal year 2025.
| Hospital | Beds | Net patient revenue | Operating expenses | Margin |
|---|---|---|---|---|
| Wakemed Raleigh Campus | 721 | $1,569,204,496 | $1,484,303,306 | 5.4% |
| Cape Fear Valley Medical Center, Fayetteville | 798 | $1,258,574,848 | $1,319,235,499 | −4.8% |
| MH Mission Hospital, LLLP, Asheville | 757 | $1,471,639,311 | $1,274,326,495 | 13.4% |
| Novant Health New Hanover Regional Medical Center, Wilmington | 752 | $2,389,539,012 | $2,148,049,178 | 10.1% |
| Novant Health Presbyterian Medical Center, Charlotte | 537 | $2,413,299,816 | $2,095,658,565 | 13.2% |
| Rex Hospital, UNC Rex Hospital, Raleigh | 485 | $1,813,043,000 | $1,715,822,000 | 5.4% |
Patients and payers
- Discharges
- 38,615S-3 line 14, col 15
- Inpatient days
- 236,184S-3 line 14, col 8
- Beds in use, on an average day
- 648.9days ÷ days in year
- Occupancy
- 93.3%days ÷ bed days
- Medicare share of days
- 15.8%S-3 cols 6 ÷ 8
- Medicaid share of days
- 4.8%S-3 cols 7 ÷ 8
Who owns it
Related organizations on its own cost report: WAKEMED, home office.
Type of control on its cost report: voluntary nonprofit, other.
Community benefit, as filed
Community benefit is filed on IRS Form 990 Schedule H by WakeMed (employer identification number 566017737) for tax year 2022, once for the 2 hospital facilities the return lists, this hospital among them. The return does not divide it among them.
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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 340069. 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 May 15, 2026.