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Short-term acute care hospital · Issaquah, Washington · 186 beds · CMS certification number 500152

Swedish/Issaquah

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS June 24, 2026. Fifteen years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$373.3M
$373,288,928 · G-3 line 3
Operating expenses
$377.6M
$377,595,654 · G-3 line 4
Result from patient care
−$4.3M
−$4,306,726 · G-3 line 5
Margin on patient care
−1.1%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $15.6M in its first year on file (2011) to $373.3M in 2025.
  • Its result from patient care: −$19.4M (2023), −$6.7M (2024), −$4.3M (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 1.6% of its inpatient days and Medicare for 21.2%.
  • SWEDISH HEALTH SERVICES holds 100% of it, on its Medicare enrollment.

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

Fifteen years of filings

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

Net patient revenueOperating expenses
2011
reopened
$15.6M
$22.2M
2012
reopened
$122.4M
$134.4M
2013
reopened
$151.2M
$151.1M
2014
reopened
$150.2M
$155.6M
2015
reopened
$176.1M
$202.6M
2016
settled
$206.9M
$234.9M
2017
settled
$207.5M
$220.1M
2018
reopened
$208.6M
$232.3M
2019
reopened
$225.2M
$231.7M
2020
settled
$204.3M
$245.6M
2021
settled
$260.9M
$277.9M
2022
settled
$282.7M
$300.0M
2023
settled
$298.5M
$317.9M
2024
as submitted
$336.7M
$343.4M
2025
as submitted
$373.3M
$377.6M

Beside its peers

Short-term acute care hospitals in Washington with 100 to 199 beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Swedish/Issaquah186$373,288,928$377,595,654−1.1%
Confluence Health Hospital, Wenatchee187$962,456,844$1,050,889,782−9.2%
Legacy Salmon Creek Medical Center, Vancouver178$606,258,393$579,012,4034.5%
Providence Holy Family Hospital, Spokane189$329,635,477$321,859,9292.4%
Swedish Medical Center Cherry Hill, Seattle181$657,924,721$690,380,430−4.9%
Virgina Mason Hospital Outpatient Surgery Center at Federal Way, Seattle199$1,286,887,370$1,421,228,824−10.4%

Patients and payers

Discharges
8,050
S-3 line 14, col 15
Inpatient days
35,367
S-3 line 14, col 8
Beds in use, on an average day
97.2
days ÷ days in year
Occupancy
52.1%
days ÷ bed days
Medicare share of days
21.2%
S-3 cols 6 ÷ 8
Medicaid share of days
1.6%
S-3 cols 7 ÷ 8

Who owns it

  • SWEDISH HEALTH SERVICES100%

Related organizations on its own cost report: HB0456 PH&S WA (100%), system office; HB1878 SHS (100%), regional offic.

Other hospitals with the same owner: Swedish Medical Center Cherry Hill (WA), Swedish Edmonds (WA), Swedish Medical Center (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 500152. 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 24, 2026.