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Short-term acute care hospital · Memphis, Tennessee · 1,238 beds · CMS certification number 440049

Methodist Hospitals of Memphis

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS June 30, 2026. 30 years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue
$1.8B
$1,800,249,556 · G-3 line 3
Operating expenses
$2.1B
$2,124,465,664 · G-3 line 4
Result from patient care
−$324.2M
−$324,216,108 · G-3 line 5
Margin on patient care
−18.0%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $505.6M in its first year on file (1996) to $1.8B in 2025.
  • Its result from patient care: −$265.9M (2023), −$139.3M (2024), −$324.2M (2025).
  • 3 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 3.5% of its inpatient days and Medicare for 16.4%.

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
settled with audit
$505.6M
$444.8M
1997
settled with audit
$537.4M
$506.7M
1998
reopened
$543.5M
$543.4M
1999
reopened
$553.9M
$562.3M
2000
reopened
$586.3M
$624.7M
2001
reopened
$670.4M
$665.3M
2002
reopened
$752.0M
$748.2M
2003
reopened
$838.3M
$807.9M
2004
settled with audit
$897.0M
$885.6M
2005
reopened
$942.7M
$940.7M
2006
reopened
$1.0B
$946.8M
2007
reopened
$2.9B
$1.0B
2008
reopened
$1.0B
$995.5M
2009
reopened
$1.0B
$936.5M
2010
reopened
$1.1B
$1.1B
2011
reopened
$1.2B
$1.1B
2012
reopened
$1.3B
$1.3B
2013
reopened
$1.4B
$1.4B
2014
reopened
$1.5B
$1.5B
2015
reopened
$1.6B
$1.6B
2016
reopened
$1.7B
$1.8B
2017
reopened
$1.8B
$1.8B
2018
reopened
$1.8B
$1.9B
2019
reopened
$1.7B
$1.8B
2020
settled
$1.4B
$1.8B
2021
settled
$1.7B
$1.8B
2022
amended
$1.7B
$1.9B
2023
amended
$1.7B
$1.9B
2024
as submitted
$1.7B
$1.9B
2025
as submitted
$1.8B
$2.1B

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
Methodist Hospitals of Memphis1,238$1,800,249,556$2,124,465,664−18.0%
Baptist Memorial Hospital Memphis, Memphis804$1,130,546,642$1,059,324,3756.3%
Erlanger Medical Center, Chattanooga662$1,389,534,364$1,429,442,715−2.9%
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
57,292
S-3 line 14, col 15
Inpatient days
345,335
S-3 line 14, col 8
Beds in use, on an average day
948.7
days ÷ days in year
Occupancy
76.5%
days ÷ bed days
Medicare share of days
16.4%
S-3 cols 6 ÷ 8
Medicaid share of days
3.5%
S-3 cols 7 ÷ 8

Who owns it

Indirect owner: METHODIST LE BONHEUR HEALTHCARE

Related organizations on its own cost report: METHODIST HEALTHCARE, healthcare; HEALTHSOUTH, rehab.

Other hospitals with the same owner: Methodist Healthcare - Olive Branch Hospital (MS).

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

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 Methodist Healthcare-Memphis Hospitals (employer identification number 620479367) for tax year 2023, once for the 5 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 440049. 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 June 30, 2026.