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Short-term acute care hospital · Olympia, Washington · 85 beds · CMS certification number 500139

Multicare Capital Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS June 8, 2026. 29 years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue
$222.1M
$222,060,069 · G-3 line 3
Operating expenses
$227.3M
$227,267,266 · G-3 line 4
Result from patient care
−$5.2M
−$5,207,197 · G-3 line 5
Margin on patient care
−2.3%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $40.5M in its first year on file (1997) to $222.1M in 2025.
  • Its result from patient care: −$24.7M (2023), −$12.5M (2024), −$5.2M (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 9.3% of its inpatient days and Medicare for 29.8%.
  • MULTICARE HEALTH SYSTEM 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 with audit
$40.5M
$37.6M
1998
settled
$51.8M
$48.5M
1999
as submitted
$46.8M
$46.9M
2000
as submitted
$48.7M
$48.9M
2001
as submitted
$50.8M
$52.7M
2002
settled
$55.0M
$56.4M
2003
settled
$61.1M
$58.2M
2004
settled
$65.7M
$63.6M
2005
reopened
$58.9M
$61.5M
2006
settled
$59.6M
$61.6M
2007
reopened
$62.7M
$63.9M
2008
settled
$67.1M
$67.3M
2009
reopened
$73.3M
$70.7M
2010
reopened
$85.1M
$80.7M
2011
reopened
$91.8M
$85.5M
2012
reopened
$96.0M
$89.7M
2013
reopened
$97.2M
$92.8M
2014
reopened
$108.2M
$98.6M
2015
reopened
$114.2M
$102.9M
2016
settled
$119.3M
$109.3M
2017
settled
$117.9M
$113.6M
2018
settled
$122.0M
$125.3M
2019
settled
$128.8M
$132.3M
2020
settled
$121.7M
$131.3M
2021
settled
$93.4M
$116.8M
2022
settled
$123.5M
$150.8M
2023
settled
$135.5M
$160.2M
2024
as submitted
$198.5M
$211.0M
2025
as submitted
$222.1M
$227.3M

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
Multicare Capital Medical Center85$222,060,069$227,267,266−2.3%
Grays Harbor Community Hospital, Aberdeen49$114,236,804$121,992,932−6.8%
Multicare Auburn Medical Center, Auburn91$262,168,165$282,364,775−7.7%
Olympic Medical Center, Port Angeles78$280,767,558$314,792,393−12.1%
Providence St. Mary Medical Center, Walla Walla86$272,811,379$272,196,2970.2%
St. Clare Hospital, Lakewood106$192,895,950$191,891,6860.5%

Patients and payers

Discharges
4,883
S-3 line 14, col 15
Inpatient days
17,449
S-3 line 14, col 8
Beds in use, on an average day
47.9
days ÷ days in year
Occupancy
56.2%
days ÷ bed days
Medicare share of days
29.8%
S-3 cols 6 ÷ 8
Medicaid share of days
9.3%
S-3 cols 7 ÷ 8

Who owns it

  • MULTICARE HEALTH SYSTEM100%

Related organizations on its own cost report: LIFEPOINTHEALTH, hospital mgmt.

Other hospitals with the same owner: Multicare Auburn Medical Center (WA), Yakima Valley Memorial (WA), Multicare Deaconess Hospital (WA), Overlake Medical Center & Clinics (WA), Multicare Good Samaritan Hospital (WA), Multicare Valley Hospital (WA), Tacoma General/Allenmore Hospital (WA), Multicare Covington Medical Center (WA), Mary Bridge Children's Hospital (WA), West Seattle Psychiatric Hospital (WA), Wellfound Behavioral Health Hospital (WA).

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 HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 500139. 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 8, 2026.