Short-term acute care hospital · Glendale, Arizona · 539 beds · CMS certification number 030089
Banner Thunderbird Medical Center
Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS May 29, 2026. 30 years on file, every one shown below. Also on the 340B covered-entity register.
Fiscal 2025 at a glance
What stands out
- Net patient revenue rose from $110.8M in its first year on file (1996) to $922.5M in 2025.
- Its result from patient care: $117.0M (2023), $130.2M (2024), $168.0M (2025).
- 3 of the 5 short-term acute care hospital peers below with a margin on file also report a gain on patient care for fiscal year 2025.
- Medicaid paid for 30.3% of its inpatient days and Medicare for 14.2%.
- BANNER HEALTH holds 100% of it, on its Medicare enrollment.
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.
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Beside its peers
Short-term acute care hospitals in Arizona with 400 and over beds, each on fiscal year 2025.
| Hospital | Beds | Net patient revenue | Operating expenses | Margin |
|---|---|---|---|---|
| Banner Thunderbird Medical Center | 539 | $922,538,934 | $754,519,415 | 18.2% |
| Banner Desert Medical Center, Mesa | 685 | $1,123,924,482 | $906,475,915 | 19.4% |
| Banner - University Medical Center Tucson Campus, Tucson | 577 | $1,599,788,286 | $1,546,386,780 | 3.3% |
| Banner - University Medical Center Phoenix, Phoenix | 678 | $1,641,525,435 | $1,516,667,396 | 7.6% |
| St. Joseph's Hospital and Medical Center, Phoenix | 524 | $1,501,523,444 | $1,623,255,591 | −8.1% |
| Tucson Medical Center, Tucson | 517 | $1,079,969,398 | $1,100,943,392 | −1.9% |
Patients and payers
- Discharges
- 27,484S-3 line 14, col 15
- Inpatient days
- 141,958S-3 line 14, col 8
- Beds in use, on an average day
- 390.0days ÷ days in year
- Occupancy
- 72.2%days ÷ bed days
- Medicare share of days
- 14.2%S-3 cols 6 ÷ 8
- Medicaid share of days
- 30.3%S-3 cols 7 ÷ 8
Who owns it
- BANNER HEALTH100%
Related organizations on its own cost report: BANNER HEALTH (100%).
Other hospitals with the same owner: Banner - University Medical Center Phoenix (AZ), Banner Casa Grande Medical Center (AZ), Banner Boswell Medical Center (AZ), Banner - University Medical Center Tucson Campus (AZ), Banner Desert Medical Center (AZ), Banner Baywood Medical Center (AZ), Banner Del E Webb Medical Center (AZ), Banner Heart Hospital (AZ), Banner - University Medical Center South Campus (AZ), Banner Estrella Medical Center (AZ), Banner Gateway Medical Center (AZ), Banner Ironwood Medical Center (AZ).
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 030089. 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 May 29, 2026.