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Short-term acute care hospital · Seattle, Washington · 20 beds · CMS certification number 500138

Fred Hutchinson Cancer Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2025, as submitted, stamped by CMS December 10, 2025. 29 years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$1.6B
$1,614,616,709 · G-3 line 3
Operating expenses
$2.4B
$2,428,688,752 · G-3 line 4
Result from patient care
−$814.1M
−$814,072,043 · G-3 line 5
Margin on patient care
−50.4%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $42.8M in its first year on file (1997) to $1.6B in 2025.
  • Its result from patient care: −$804.2M (2023), −$800.2M (2024), −$814.1M (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 1.5% of its inpatient days and Medicare for 27.1%.
  • FRED HUTCHINSON CANCER CENTER 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
$42.8M
$54.6M
1998
settled
$43.3M
$60.8M
1999
as submitted
$41.5M
$58.5M
2000
as submitted
$40.2M
$69.0M
2001
reopened
$30.7M
$45.6M
2002
reopened
$94.3M
$100.2M
2003
reopened
$107.0M
$115.0M
2004
reopened
$124.9M
$129.3M
2005
reopened
$142.0M
$140.4M
2006
reopened
$166.3M
$163.0M
2007
settled
$177.3M
$180.9M
2008
settled
$199.1M
$208.0M
2009
settled with audit
$234.9M
$235.3M
2010
reopened
$258.6M
$266.5M
2011
settled with audit
$298.2M
$303.3M
2012
settled with audit
$321.9M
$324.7M
2013
settled with audit
$367.4M
$363.8M
2014
reopened
$406.2M
$408.2M
2015
reopened
$447.4M
$441.5M
2016
reopened
$494.5M
$473.7M
2017
settled
$516.1M
$526.8M
2018
settled with audit
$602.9M
$607.7M
2019
settled with audit
$698.1M
$684.7M
2020
as submitted
$753.0M
$734.9M
2021
as submitted
$890.3M
$840.8M
2022
as submitted
$1.0B
$1.0B
2023
as submitted
$1.2B
$2.0B
2024
as submitted
$1.3B
$2.1B
2025
as submitted
$1.6B
$2.4B

Beside its peers

Hospitals of the same type (short-term acute care hospital), nearest in size, from Washington first; each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Fred Hutchinson Cancer Center20$1,614,616,709$2,428,688,752−50.4%
Evergreen Health Monroe, Monroe26$87,408,520$70,316,06019.6%
Island Hospital, Anacortes43$105,577,226$127,444,003−20.7%
Kaiser Permanente Central Hospital, Seattle24$24,020,551$137,937,272−474.3%
Samaritan Hospital, Moses Lake47$178,889,635$195,496,501−9.3%
Astria Toppenish Hospital, Toppenish32$54,760,738$65,710,991−20.0%

Patients and payers

Discharges
481
S-3 line 14, col 15
Inpatient days
6,594
S-3 line 14, col 8
Beds in use, on an average day
18.1
days ÷ days in year
Occupancy
90.3%
days ÷ bed days
Medicare share of days
27.1%
S-3 cols 6 ÷ 8
Medicaid share of days
1.5%
S-3 cols 7 ÷ 8

Who owns it

  • FRED HUTCHINSON CANCER CENTER100%

Related organizations on its own cost report: UW, government; FHCC, non-profit.

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).

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2024.ZIP, form CMS-2552-10, filed under CMS certification number 500138. 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 10, 2025.