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Children's hospital · Seattle, Washington · 381 beds · CMS certification number 503300

Childrens Hospital & Regional Medical Center

Latest filing: fiscal year ended September 30, 2025, as submitted, stamped by CMS March 12, 2026. 30 years on file, all shown below. Also on the 340B covered-entity register.

Enrolled with Medicare by Seattle Childrens Hospital.

Fiscal 2025 at a glance

Net patient revenue $2.4B $2,436,094,575 · G-3 line 3
Operating expenses $2.0B $2,016,126,143 · G-3 line 4
Result from patient care $420.0M $419,968,432 · G-3 line 5
Margin on patient care 17.2% line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $132.5M in its first year on file (1996) to $2.4B in 2025.
  • Its result from patient care: $107.8M (2023), $237.9M (2024), $420.0M (2025).
  • 2 of the 5 children's hospital peers below with a margin on file also report a gain on patient care for fiscal year 2025.
  • Medicaid paid for 35.0% of its inpatient days and Medicare for 0.4%.

How these statements are drawn

30 years of filings

Net patient revenueOperating expenses

1996 reopened margin −9.2% $132.5M $144.8M

1997 settled margin −5.3% $146.4M $154.2M

1998 settled margin −7.4% $156.0M $167.5M

1999 settled margin −19.6% $164.6M $196.7M

2000 reopened margin −3.2% $190.5M $196.7M

2001 reopened margin −4.2% $214.8M $223.8M

2002 reopened margin −3.0% $240.4M $247.7M

2003 reopened margin −0.5% $274.3M $275.7M

2004 reopened margin −0.2% $296.8M $297.3M

2005 reopened margin 6.4% $353.5M $330.8M

2006 reopened margin 4.1% $385.0M $369.3M

2007 reopened margin 5.0% $433.6M $412.1M

2008 reopened margin 6.4% $540.2M $505.6M

2009 reopened margin 9.3% $603.0M $546.7M

2010 reopened margin 11.1% $645.9M $574.4M

2011 reopened margin 10.9% $708.6M $631.6M

2012 reopened margin 16.4% $814.0M $680.9M

2013 reopened margin 17.5% $881.7M $727.7M

2014 reopened margin 19.5% $983.4M $792.0M

2015 settled margin 17.4% $1.1B $897.1M

2016 reopened margin 17.8% $1.1B $931.9M

2017 reopened margin 12.7% $1.2B $1.0B

2018 reopened margin 14.5% $1.4B $1.2B

2019 reopened margin 11.5% $1.4B $1.3B

2020 reopened margin −0.1% $1.3B $1.3B

2021 settled with audit margin 6.3% $1.5B $1.4B

2022 settled margin 5.7% $1.7B $1.6B

2023 as submitted margin 5.7% $1.9B $1.8B

2024 as submitted margin 11.3% $2.1B $1.9B

2025 as submitted margin 17.2% $2.4B $2.0B

Beside its peers

Nearest in size, Washington first, fiscal year 2025.

Hospital Beds Net patient revenue Operating expenses Margin

Childrens Hospital & Regional Medical Center 381 $2,436,094,575 $2,016,126,143 17.2%

Children's Hospital Los Angeles, Los Angeles (CA) 386 $1,429,610,869 $1,932,775,218 −35.2%

Akron Children's Hospital, Akron (OH) 381 $1,376,089,553 $1,381,370,506 −0.4%

Rady Children's Hospital Orange County, Orange (CA) 386 $1,373,123,733 $1,460,913,735 −6.4%

Mary Bridge Children's Hospital, Tacoma 150 $567,816,796 $534,030,890 5.9%

The Children's Hospital of Alabama, Birmingham (AL) 368 $932,635,858 $920,396,324 1.3%

Patients and payers

  • Discharges 12,445 S-3 line 14, col 15
  • Inpatient days 112,216 S-3 line 14, col 8
  • Beds in use, on an average day 308.3 days ÷ days in year
  • Occupancy 78.1% days ÷ bed days
  • Medicare share of days 0.4% S-3 cols 6 ÷ 8
  • Medicaid share of days 35.0% S-3 cols 7 ÷ 8

Who owns it

Control: voluntary nonprofit, other.

Community benefit, as filed

From IRS Form 990 Schedule H, Part I, filed by SEATTLE CHILDREN'S HOSPITAL (employer identification number 910564748) for tax year 2022. The return lists this hospital as its one hospital facility.

FigureAs filedWhere it comes from
Total community benefit expense (line 7k)$499,886,937IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><NetCommunityBenefitExpnsAmt>
Financial assistance at cost (line 7a)$13,757,000IRS Form 990 Schedule H, Part I, <FinancialAssistanceAtCostTyp><NetCommunityBenefitExpnsAmt>
Medicaid (line 7b)$340,945,000IRS Form 990 Schedule H, Part I, <UnreimbursedMedicaidGrp><NetCommunityBenefitExpnsAmt>
Financial assistance and means-tested government programs (line 7d)$354,702,000IRS Form 990 Schedule H, Part I, <TotalFinancialAssistanceTyp><NetCommunityBenefitExpnsAmt>
Other benefits (line 7j)$145,184,937IRS Form 990 Schedule H, Part I, <TotalOtherBenefitsGrp><NetCommunityBenefitExpnsAmt>
Total, fraction of total expense (line 7k, column f)0.2169IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><TotalExpensePct>

E-file object id 202431929349301663. The IRS archive it was read from.

Executive and director compensation, as filed

From IRS Form 990 Part VII, Section A, filed by SEATTLE CHILDREN'S HOSPITAL (employer identification number 910564748) for tax year 2022. The return lists this hospital as its one hospital facility.

NameTitleRoleReportable comp, from this organizationReportable comp, from related organizationsOther compensation
ANDREW LEEVP - EQUITY DIVERSITY & INCLUSIONKey employee$365,335$0$25,081
BONNIE FRYZLEWICZSVP & CHIEF NURSING OFFICERKey employee$444,338$0$99,821
COLIN FOX JR PHDTRUSTEETrustee/director$0$0$0
COLLEEN FUKUI-SKETCHLEYTRUSTEETrustee/director$0$0$0
CONAN VIERNESTRUSTEETrustee/director$280$0$0
CORY NOEL MDCARDIOLOGISTHighest-compensated employee$512,314$0$53,565
DAN LEVITANVICE CHAIRTrustee/director, Officer$0$0$0
DOUGLAS PICHACONSULTANT, SPEC PROJECTS/RELATIONSHighest-compensated employee$368,005$252,574$45,609
ERIC THAM MDSVP & CHIEF RESEARCH OPS OFFICERKey employee$782,390$0$88,840
ERIK LAUSUNDVP - RESEARCH OPERATIONS & LOGISTICSKey employee$461,748$0$51,760
JAMES HENDRICKS PHDFORMER KEY EMPLOYEEFormer$151,652$0$1,000
JEFF SPERRING MDCEO/NON-VOTING EX-OFFICIOOfficer$1,072,193$704,719$389,110
JEFFREY AVANSINO MDVP - MEDICAL AFFAIRSKey employee$478,021$182,842$74,745
JEFFREY OJEMANN MDSVP - CHIEF MEDICAL OFFICERKey employee$275,216$430,548$80,180
JILL BRUBAKER MDTRUSTEETrustee/director$0$0$0
JOEL FRENCHCHAIRTrustee/director, Officer$0$0$0
JOHN SAAVEDRAVP - PEOPLE OPERATIONSKey employee$441,018$0$44,388
JOHN SCHOETTLERTRUSTEETrustee/director$0$0$0
JUDITH PIERCETRUSTEETrustee/director$0$0$0
KEN DENMANTREASURERTrustee/director, Officer$0$0$0
KEVIN KOLLINS MDCARDIOLOGISTHighest-compensated employee$521,150$0$52,317
KURT SHINTAFFERTRUSTEETrustee/director$0$0$0
LOREN ALHADEFFTRUSTEETrustee/director$0$0$0
MARK EGBERT DDSORAL & MAXILLOFACIAL SURGEONHighest-compensated employee$549,522$0$58,293
MICHAEL ASTION MD PHDMEDICAL DIRECTOR - LABORATORIESHighest-compensated employee$700,158$0$55,624
MICHAEL JENSEN MDVP-SC THERAPEUTICS, CHIEF THERAP OFFKey employee$488,860$0$49,456
MOYA VAZQUEZTRUSTEETrustee/director$0$0$0
MYRA GREGORIANSENIOR VP & CHIEF PEOPLE OFFICERKey employee$536,086$573,348$90,878
PAMELA ROCKFORMER KEY EMPLOYEEFormer$361,877$0$36,505
PATRICIA LOERATRUSTEETrustee/director$0$0$0
PAUL SHAREK MDVP - CHIEF QUALITY & SAFETY OFFICERKey employee$583,457$0$36,504
PRADIPTA KOMANDURIFORMER KEY EMPLOYEEFormer$215,941$0$20,038
RACQUEL RUSSELLSECRETARYTrustee/director, Officer$0$0$0
RUSSELL WILLIAMSSVP-STRAT, CAP & REGL NETWORKSKey employee$498,131$634,502$123,854
RUTH MCDONALD MDVP-CHIEF MEDICAL OPERATIONS OFFICERKey employee$573,251$0$36,276
SAMUEL WILLIAMSVP - FACILITIESKey employee$406,208$0$18,831
SCOTT BINGHAMFORMER KEY EMPLOYEEFormer$299,974$0$39,761
STANLEY RACHIEF INVESTMENT OFFICERKey employee$328,612$348,414$39,581
SUSAN BETCHERTRUSTEETrustee/director$0$0$0
SUZANNE BEITELSENIOR VP & CHIEF FINANCIAL OFFICEROfficer$520,763$928,483$51,323
SUZANNE VANDERWERFFVP-REV CYCLE & HEALTH INFO INTEGRITYKey employee$384,028$0$44,140
TANYA SEATONVP & CHIEF AMBULATORY OFFICERKey employee$407,525$0$19,926
TRINH PHAM-DEMBINSKIFORMER KEY EMPLOYEEFormer$334,010$0$3,194
TROY HUTSONTRUSTEETrustee/director$0$0$0
VICTORIA CLEATORVP-RES FACILITIES OPS, CAP PROJECTSKey employee$408,157$0$22,548
WARREN HEWITTVP - FINANCEKey employee$288,340$94,608$48,958
WENDY JAKOBSENVP - COMPLIANCEKey employee$378,626$0$39,995
ZAFAR CHAUDRY MDSVP & CHIEF DIGITAL & INFO OFFICERKey employee$534,954$595,904$30,237

E-file object id 202431929349301663. The IRS archive it was read from.

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More children's hospitals in Washington

File HOSP10FY2025.ZIP, form CMS-2552-10, CMS certification number 503300.

How this page was built: the CMS Medicare cost report, file HOSP10FY2025.ZIP, read March 12, 2026.

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