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Short-term acute care hospital · Memphis, Tennessee · 804 beds · CMS certification number 440048

Baptist Memorial Hospital Memphis

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended September 30, 2025, amended, stamped by CMS September 21, 2026. 30 years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue
$1.1B
$1,130,546,642 · G-3 line 3
Operating expenses
$1.1B
$1,059,324,375 · G-3 line 4
Result from patient care
$71.2M
$71,222,267 · G-3 line 5
Margin on patient care
6.3%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $398.7M in its first year on file (1996) to $1.1B in 2025.
  • Its result from patient care: −$30.1M (2023), −$5.3M (2024), $71.2M (2025).
  • 1 of the 5 short-term acute care hospital peers below with a margin on file also reports a gain on patient care for fiscal year 2025.
  • Medicaid paid for 7.9% of its inpatient days and Medicare for 28.8%.

Every statement is drawn from figures on this page; nothing is estimated.

30 years of filings

Net patient revenue against operating expenses, each year as filed.

Net patient revenueOperating expenses
1996
reopened
$398.7M
$398.4M
1997
reopened
$415.8M
$427.2M
1998
reopened
$423.2M
$453.2M
1999
reopened
$434.7M
$448.9M
2000
reopened
$456.0M
$463.9M
2001
reopened
$336.8M
$417.5M
2002
reopened
$362.4M
$386.1M
2003
reopened
$391.3M
$399.5M
2004
reopened
$433.5M
$417.2M
2005
reopened
$471.4M
$441.3M
2006
reopened
$451.7M
$439.5M
2007
reopened
$444.7M
$436.8M
2008
reopened
$552.8M
$528.8M
2009
reopened
$627.4M
$558.6M
2010
reopened
$621.7M
$562.4M
2011
reopened
$619.4M
$583.5M
2012
reopened
$697.3M
$654.0M
2013
reopened
$688.1M
$648.8M
2014
reopened
$663.5M
$673.2M
2015
reopened
$691.0M
$651.8M
2016
reopened
$680.3M
$671.2M
2017
reopened
$721.2M
$658.6M
2018
reopened
$727.6M
$681.1M
2019
reopened
$721.9M
$703.8M
2020
settled with audit
$720.8M
$737.4M
2021
amended
$759.3M
$783.9M
2022
amended
$766.1M
$863.4M
2023
as submitted
$876.3M
$906.3M
2024
amended
$950.9M
$956.1M
2025
amended
$1.1B
$1.1B

Beside its peers

Short-term acute care hospitals in Tennessee with 400 and over beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Baptist Memorial Hospital Memphis804$1,130,546,642$1,059,324,3756.3%
Erlanger Medical Center, Chattanooga662$1,389,534,364$1,429,442,715−2.9%
Methodist Hospitals of Memphis, Memphis1,238$1,800,249,556$2,124,465,664−18.0%
Saint Thomas West Hospital, Nashville704$1,231,642,803$1,162,598,2145.6%
University of Tennessee Medical Center, Knoxville698$1,408,485,754$1,658,527,958−17.8%
Vanderbilt University Medical Center, Nashville1,129$6,903,583,232$7,717,249,847−11.8%

Patients and payers

Discharges
35,800
S-3 line 14, col 15
Inpatient days
231,019
S-3 line 14, col 8
Beds in use, on an average day
634.7
days ÷ days in year
Occupancy
80.0%
days ÷ bed days
Medicare share of days
28.8%
S-3 cols 6 ÷ 8
Medicaid share of days
7.9%
S-3 cols 7 ÷ 8

Who owns it

Indirect owners: BAPTIST MEMORIAL HEALTH CARE CORPORATION; BAPTIST MEMORIAL HOSPITAL

Related organizations on its own cost report: BAPTIST MEMORIAL HEALTHCARE, home office; BMH DESOTO, med ed; BMH TIPTON, stem.

Other hospitals with the same owner: Baptist Memorial Hospital - Paragould (AR), Nea Baptist Memorial Hospital (AR), Baptist Memorial Hospital - Crittenden (AR), BMH - Union County (MS), BMH-North Mississippi (MS), BMH-Booneville (MS), Baptist Memorial Hospital - Oktibbhea County (MS), Baptist Anderson Regional Medical Center - South (MS), BMH - Golden Triangle (MS), Mississippi Baptist Medical Center (MS).

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).

Community benefit, as filed

Community benefit is filed on IRS Form 990 Schedule H by BAPTIST MEMORIAL HOSPITAL (employer identification number 620123940) for tax year 2022, once for the 3 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 440048. 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 HOSP10FY2025.ZIP, read September 21, 2026.