Children's hospital · Seattle, Washington · 381 beds · CMS certification number 503300
Childrens Hospital & Regional Medical Center
Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended September 30, 2025, as submitted, stamped by CMS March 12, 2026. 30 years on file, every one shown below. Also on the 340B covered-entity register.
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%.
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
reopened
reopened
$132.5M
$144.8M
1997
settled
settled
$146.4M
$154.2M
1998
settled
settled
$156.0M
$167.5M
1999
settled
settled
$164.6M
$196.7M
2000
reopened
reopened
$190.5M
$196.7M
2001
reopened
reopened
$214.8M
$223.8M
2002
reopened
reopened
$240.4M
$247.7M
2003
reopened
reopened
$274.3M
$275.7M
2004
reopened
reopened
$296.8M
$297.3M
2005
reopened
reopened
$353.5M
$330.8M
2006
reopened
reopened
$385.0M
$369.3M
2007
reopened
reopened
$433.6M
$412.1M
2008
reopened
reopened
$540.2M
$505.6M
2009
reopened
reopened
$603.0M
$546.7M
2010
reopened
reopened
$645.9M
$574.4M
2011
reopened
reopened
$708.6M
$631.6M
2012
reopened
reopened
$814.0M
$680.9M
2013
reopened
reopened
$881.7M
$727.7M
2014
reopened
reopened
$983.4M
$792.0M
2015
settled
settled
$1.1B
$897.1M
2016
reopened
reopened
$1.1B
$931.9M
2017
reopened
reopened
$1.2B
$1.0B
2018
reopened
reopened
$1.4B
$1.2B
2019
reopened
reopened
$1.4B
$1.3B
2020
reopened
reopened
$1.3B
$1.3B
2021
settled with audit
settled with audit
$1.5B
$1.4B
2022
settled
settled
$1.7B
$1.6B
2023
as submitted
as submitted
$1.9B
$1.8B
2024
as submitted
as submitted
$2.1B
$1.9B
2025
as submitted
as submitted
$2.4B
$2.0B
Beside its peers
Hospitals of the same type (children's hospital), nearest in size, from Washington first; each on 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
- 12,445S-3 line 14, col 15
- Inpatient days
- 112,216S-3 line 14, col 8
- Beds in use, on an average day
- 308.3days ÷ 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
Type of control on its cost report: 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.
| Figure | As filed | Where it comes from |
|---|---|---|
| Total community benefit expense (line 7k) | $499,886,937 | IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><NetCommunityBenefitExpnsAmt> |
| Financial assistance at cost (line 7a) | $13,757,000 | IRS Form 990 Schedule H, Part I, <FinancialAssistanceAtCostTyp><NetCommunityBenefitExpnsAmt> |
| Medicaid (line 7b) | $340,945,000 | IRS Form 990 Schedule H, Part I, <UnreimbursedMedicaidGrp><NetCommunityBenefitExpnsAmt> |
| Financial assistance and means-tested government programs (line 7d) | $354,702,000 | IRS Form 990 Schedule H, Part I, <TotalFinancialAssistanceTyp><NetCommunityBenefitExpnsAmt> |
| Other benefits (line 7j) | $145,184,937 | IRS Form 990 Schedule H, Part I, <TotalOtherBenefitsGrp><NetCommunityBenefitExpnsAmt> |
| Total, fraction of total expense (line 7k, column f) | 0.2169 | IRS 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.
| Name | Title | Role | Reportable comp, from this organization | Reportable comp, from related organizations | Other compensation |
|---|---|---|---|---|---|
| ANDREW LEE | VP - EQUITY DIVERSITY & INCLUSION | Key employee | $365,335 | $0 | $25,081 |
| BONNIE FRYZLEWICZ | SVP & CHIEF NURSING OFFICER | Key employee | $444,338 | $0 | $99,821 |
| COLIN FOX JR PHD | TRUSTEE | Trustee/director | $0 | $0 | $0 |
| COLLEEN FUKUI-SKETCHLEY | TRUSTEE | Trustee/director | $0 | $0 | $0 |
| CONAN VIERNES | TRUSTEE | Trustee/director | $280 | $0 | $0 |
| CORY NOEL MD | CARDIOLOGIST | Highest-compensated employee | $512,314 | $0 | $53,565 |
| DAN LEVITAN | VICE CHAIR | Trustee/director, Officer | $0 | $0 | $0 |
| DOUGLAS PICHA | CONSULTANT, SPEC PROJECTS/RELATIONS | Highest-compensated employee | $368,005 | $252,574 | $45,609 |
| ERIC THAM MD | SVP & CHIEF RESEARCH OPS OFFICER | Key employee | $782,390 | $0 | $88,840 |
| ERIK LAUSUND | VP - RESEARCH OPERATIONS & LOGISTICS | Key employee | $461,748 | $0 | $51,760 |
| JAMES HENDRICKS PHD | FORMER KEY EMPLOYEE | Former | $151,652 | $0 | $1,000 |
| JEFF SPERRING MD | CEO/NON-VOTING EX-OFFICIO | Officer | $1,072,193 | $704,719 | $389,110 |
| JEFFREY AVANSINO MD | VP - MEDICAL AFFAIRS | Key employee | $478,021 | $182,842 | $74,745 |
| JEFFREY OJEMANN MD | SVP - CHIEF MEDICAL OFFICER | Key employee | $275,216 | $430,548 | $80,180 |
| JILL BRUBAKER MD | TRUSTEE | Trustee/director | $0 | $0 | $0 |
| JOEL FRENCH | CHAIR | Trustee/director, Officer | $0 | $0 | $0 |
| JOHN SAAVEDRA | VP - PEOPLE OPERATIONS | Key employee | $441,018 | $0 | $44,388 |
| JOHN SCHOETTLER | TRUSTEE | Trustee/director | $0 | $0 | $0 |
| JUDITH PIERCE | TRUSTEE | Trustee/director | $0 | $0 | $0 |
| KEN DENMAN | TREASURER | Trustee/director, Officer | $0 | $0 | $0 |
| KEVIN KOLLINS MD | CARDIOLOGIST | Highest-compensated employee | $521,150 | $0 | $52,317 |
| KURT SHINTAFFER | TRUSTEE | Trustee/director | $0 | $0 | $0 |
| LOREN ALHADEFF | TRUSTEE | Trustee/director | $0 | $0 | $0 |
| MARK EGBERT DDS | ORAL & MAXILLOFACIAL SURGEON | Highest-compensated employee | $549,522 | $0 | $58,293 |
| MICHAEL ASTION MD PHD | MEDICAL DIRECTOR - LABORATORIES | Highest-compensated employee | $700,158 | $0 | $55,624 |
| MICHAEL JENSEN MD | VP-SC THERAPEUTICS, CHIEF THERAP OFF | Key employee | $488,860 | $0 | $49,456 |
| MOYA VAZQUEZ | TRUSTEE | Trustee/director | $0 | $0 | $0 |
| MYRA GREGORIAN | SENIOR VP & CHIEF PEOPLE OFFICER | Key employee | $536,086 | $573,348 | $90,878 |
| PAMELA ROCK | FORMER KEY EMPLOYEE | Former | $361,877 | $0 | $36,505 |
| PATRICIA LOERA | TRUSTEE | Trustee/director | $0 | $0 | $0 |
| PAUL SHAREK MD | VP - CHIEF QUALITY & SAFETY OFFICER | Key employee | $583,457 | $0 | $36,504 |
| PRADIPTA KOMANDURI | FORMER KEY EMPLOYEE | Former | $215,941 | $0 | $20,038 |
| RACQUEL RUSSELL | SECRETARY | Trustee/director, Officer | $0 | $0 | $0 |
| RUSSELL WILLIAMS | SVP-STRAT, CAP & REGL NETWORKS | Key employee | $498,131 | $634,502 | $123,854 |
| RUTH MCDONALD MD | VP-CHIEF MEDICAL OPERATIONS OFFICER | Key employee | $573,251 | $0 | $36,276 |
| SAMUEL WILLIAMS | VP - FACILITIES | Key employee | $406,208 | $0 | $18,831 |
| SCOTT BINGHAM | FORMER KEY EMPLOYEE | Former | $299,974 | $0 | $39,761 |
| STANLEY RA | CHIEF INVESTMENT OFFICER | Key employee | $328,612 | $348,414 | $39,581 |
| SUSAN BETCHER | TRUSTEE | Trustee/director | $0 | $0 | $0 |
| SUZANNE BEITEL | SENIOR VP & CHIEF FINANCIAL OFFICER | Officer | $520,763 | $928,483 | $51,323 |
| SUZANNE VANDERWERFF | VP-REV CYCLE & HEALTH INFO INTEGRITY | Key employee | $384,028 | $0 | $44,140 |
| TANYA SEATON | VP & CHIEF AMBULATORY OFFICER | Key employee | $407,525 | $0 | $19,926 |
| TRINH PHAM-DEMBINSKI | FORMER KEY EMPLOYEE | Former | $334,010 | $0 | $3,194 |
| TROY HUTSON | TRUSTEE | Trustee/director | $0 | $0 | $0 |
| VICTORIA CLEATOR | VP-RES FACILITIES OPS, CAP PROJECTS | Key employee | $408,157 | $0 | $22,548 |
| WARREN HEWITT | VP - FINANCE | Key employee | $288,340 | $94,608 | $48,958 |
| WENDY JAKOBSEN | VP - COMPLIANCE | Key employee | $378,626 | $0 | $39,995 |
| ZAFAR CHAUDRY MD | SVP & CHIEF DIGITAL & INFO OFFICER | Key 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
Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 503300. Patients and payers: worksheet S-3 Part I of the same filing.
How this page was built: the CMS Medicare cost report, file HOSP10FY2025.ZIP, read March 12, 2026.