Short-term acute care hospital · Phoenix, Arizona · 28 beds · CMS certification number 030108
The Core Institute Specialty Hospital
Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS June 26, 2026. 23 years on file, every one shown below.
Fiscal 2025 at a glance
What stands out
- Net patient revenue rose from $3.7M in its first year on file (2004) to $118.3M in 2025.
- Its result from patient care: $10.1M (2023), $10.4M (2024), $14.0M (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.
- HOPCO GROUP HOLDINGS, L.P. holds 100% of it, on its Medicare enrollment.
Every statement is drawn from figures on this page; nothing is estimated.
23 years of filings
Net patient revenue against operating expenses, each year as filed.
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Beside its peers
Hospitals of the same type (short-term acute care hospital), nearest in size, from Arizona first; each on fiscal year 2025.
| Hospital | Beds | Net patient revenue | Operating expenses | Margin |
|---|---|---|---|---|
| The Core Institute Specialty Hospital | 28 | $118,315,895 | $104,289,628 | 11.8% |
| Dignity Health Arizona General Hospital, Mesa | 50 | $117,840,262 | $153,503,174 | −30.3% |
| Arizona Specialty Hospital, Phoenix | 20 | $107,175,382 | $94,172,912 | 12.1% |
| Arizona Spine and Joint Hospital, Mesa | 23 | $51,058,540 | $40,633,025 | 20.4% |
| Northwest Medical Center Sahuarita, Sahuarita | 62 | $118,865,739 | $108,769,373 | 8.5% |
| City of Hope Cancer Center Phoenix, Goodyear | 38 | $214,222,479 | $241,266,399 | −12.6% |
Patients and payers
- Discharges
- 699S-3 line 14, col 15
- Inpatient days
- 855S-3 line 14, col 8
- Beds in use, on an average day
- 2.3days ÷ days in year
- Occupancy
- 8.4%days ÷ bed days
- Medicare share of days
- 36.3%S-3 cols 6 ÷ 8
Who owns it
- HOPCO GROUP HOLDINGS, L.P.100%
- HOPCO INTERMEDIATE HOLDINGS, INC.100%
- THE CENTER FOR ORTHOPEDIC AND RESEARCH EXCELLENCE, INC.100%
- CORE SPECIALTY SURGICAL HOLDINGS, LLC55%
- HOPCO SPECIALTY SURGICAL HOLDINGS, LLC35%
- LINDEN CAPITAL PARTNERS IV-A LP16%
- AUDAX PRIVATE EQUITY FUND VI-A, L.P.12%
- LINDEN CAPITAL PARTNERS IV LP12%
- AUDAX PRIVATE EQUITY FUND VI-B, L.P.10%
- CHARLES M CREASMAN6%
- KENNETH ERIC TOMLON5%
- CHRISTOPHER A YEUNG3%
- THE KASSMAN FAMILY LIVING TRUST1%
- JUSTIN S FIELD1%
- NIMA SALARI0%
Related organizations on its own cost report: HOPCO, management; CORE SPECIALTY, management.
Type of control on its cost report: proprietary, partnership.
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 030108. 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 26, 2026.