Velarion Records

Short-term acute care hospital · Los Angeles, California · 913 beds · CMS certification number 050625

Cedars-Sinai Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2025, amended, stamped by CMS March 27, 2026. 29 years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue
$4.4B
$4,400,597,166 · G-3 line 3
Operating expenses
$4.7B
$4,696,456,308 · G-3 line 4
Result from patient care
−$295.9M
−$295,859,142 · G-3 line 5
Margin on patient care
−6.7%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $562.7M in its first year on file (1997) to $4.4B in 2025.
  • Its result from patient care: −$216.5M (2023), −$168.2M (2024), −$295.9M (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 4.3% of its inpatient days and Medicare for 38.0%.

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

29 years of filings

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

Net patient revenueOperating expenses
1997
reopened
$562.7M
$620.1M
1998
reopened
$601.9M
$654.0M
1999
reopened
$635.3M
$727.7M
2000
reopened
$808.3M
$816.5M
2001
reopened
$846.1M
$879.2M
2002
reopened
$917.0M
$977.3M
2003
reopened
$1.1B
$1.1B
2004
reopened
$1.2B
$1.2B
2005
reopened
$1.3B
$1.5B
2006
reopened
$1.5B
$1.6B
2007
reopened
$1.6B
$1.7B
2008
reopened
$1.8B
$1.8B
2009
reopened
$2.0B
$2.0B
2010
settled with audit
$2.1B
$2.1B
2011
reopened
$2.4B
$2.4B
2012
reopened
$2.5B
$2.6B
2013
settled with audit
$2.5B
$2.3B
2014
reopened
$2.6B
$2.5B
2015
reopened
$2.8B
$2.7B
2016
settled with audit
$2.9B
$2.9B
2017
reopened
$3.0B
$3.0B
2018
reopened
$3.1B
$3.2B
2019
settled with audit
$3.4B
$3.2B
2020
amended
$3.7B
$3.3B
2021
amended
$3.6B
$3.6B
2022
as submitted
$3.7B
$3.9B
2023
as submitted
$3.9B
$4.1B
2024
as submitted
$4.3B
$4.5B
2025
amended
$4.4B
$4.7B

Beside its peers

Short-term acute care hospitals in California with 400 and over beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Cedars-Sinai Medical Center913$4,400,597,166$4,696,456,308−6.7%
Community Regional Medical Center, Fresno783$1,544,449,139$1,617,727,279−4.7%
Santa Clara Valley Medical Center, San Jose1,060$3,097,737,327$3,855,716,888−24.5%
Uci Health, Orange911$2,540,747,028$2,696,483,347−6.1%
Office of the President, San Diego840$4,117,937,010$3,873,168,5215.9%
UCSF Medical Center, San Francisco887$6,828,788,445$6,555,159,2184.0%

Patients and payers

Discharges
51,618
S-3 line 14, col 15
Inpatient days
302,122
S-3 line 14, col 8
Beds in use, on an average day
830.0
days ÷ days in year
Occupancy
90.7%
days ÷ bed days
Medicare share of days
38.0%
S-3 cols 6 ÷ 8
Medicaid share of days
4.3%
S-3 cols 7 ÷ 8

Who owns it

Indirect owner: CEDARS-SINAI MEDICAL CENTER

Other hospitals with the same owner: Cedars-Sinai Marina Hospital (CA), Providence Cedars-Sinai Tarzana Medical Center (CA), California Rehabilitation Institute (CA).

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).

Community benefit, as filed

From IRS Form 990 Schedule H, Part I, filed by CEDARS-SINAI MEDICAL CENTER (employer identification number 951644600) 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)$492,280,336IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><NetCommunityBenefitExpnsAmt>
Financial assistance at cost (line 7a)$37,564,702IRS Form 990 Schedule H, Part I, <FinancialAssistanceAtCostTyp><NetCommunityBenefitExpnsAmt>
Medicaid (line 7b)$143,887,320IRS Form 990 Schedule H, Part I, <UnreimbursedMedicaidGrp><NetCommunityBenefitExpnsAmt>
Financial assistance and means-tested government programs (line 7d)$186,868,926IRS Form 990 Schedule H, Part I, <TotalFinancialAssistanceTyp><NetCommunityBenefitExpnsAmt>
Other benefits (line 7j)$305,411,410IRS Form 990 Schedule H, Part I, <TotalOtherBenefitsGrp><NetCommunityBenefitExpnsAmt>
Total, fraction of total expense (line 7k, column f)0.1169IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><TotalExpensePct>

E-file object id 202401359349311770. The IRS archive it was read from.

Executive and director compensation, as filed

From IRS Form 990 Part VII, Section A, filed by CEDARS-SINAI MEDICAL CENTER (employer identification number 951644600) for tax year 2022. The return lists this hospital as its one hospital facility.

NameTitleRoleReportable comp, from this organizationReportable comp, from related organizationsOther compensation
ABBY FEINMANBOARD MEMBERTrustee/director$0$0$0
ADAM SELKOWITZBOARD MEMBERTrustee/director$0$0$0
ARI ENGELBERGBOARD MEMBERTrustee/director$0$0$0
BRUCE GEWERTZ MDVICE DEAN-CLINICAL SYS DEV & FAC AFFHighest-compensated employee$2,596,952$0$41,319
BRYAN CROFTCHIEF OPERATING OFFICERKey employee$1,429,270$0$108,850
CLEMENT YANG MDBOARD MEMBERTrustee/director$0$0$0
DALE COCHRANBOARD MEMBERTrustee/director$0$0$0
DAVID B KAPLANBOARD MEMBER/VICE CHAIRTrustee/director$0$0$0
DAVID B LEE MD MPH MBABOARD MEMBERTrustee/director$0$0$0
DAVID M WRIGLEYCHIEF FINANCIAL OFFICEROfficer$1,947,870$0$242,343
DAVID SADKINBOARD MEMBERTrustee/director$0$0$0
DEBRA LEE ESQBOARD MEMBERTrustee/director$0$0$0
EDUARDO MARBAN MDEXEC DIRECTOR-HEART INSTITUTEHighest-compensated employee$3,771,428$0$92,469
EDWARD M PRUNCHUNASFORMER OFFICERFormer$2,734,586$0$156,587
EMMELINE WIDJAJABOARD MEMBERTrustee/director$0$0$0
ERIC HOLOMANBOARD MEMBERTrustee/director$0$0$0
G GABRIELLE GABI STARR PHDBOARD MEMBERTrustee/director$0$0$0
GINA SANCHEZBOARD MEMBERTrustee/director$0$0$0
JAMES M LIPPMANBOARD MEMBER/CHAIRMANTrustee/director$0$0$0
JAY WINTROBBOARD MEMBERTrustee/director$0$0$0
JEFFREY KATZENBERGBOARD MEMBERTrustee/director$0$0$0
JEFFREY SMITH MD JD MMMCHIEF OPERATING OFFICERKey employee$1,990,073$0$55,271
JOANNA CHIKWE MDCHAIR-CARDIAC SURGERYHighest-compensated employee$2,934,192$0$123,265
JOHANNA FUENTESBOARD MEMBERTrustee/director$0$0$0
JOHN BENDHEIMBOARD MEMBERTrustee/director$0$0$0
JOSE DE JESUS LEGASPIBOARD MEMBERTrustee/director$0$0$0
JOSE E FELICIANOBOARD MEMBERTrustee/director$0$0$0
JOSHUA LOBELBOARD MEMBERTrustee/director$0$0$0
KEITH BLACK MDCHAIR-NEUROSURGERYHighest-compensated employee$3,671,423$0−$93,444
KENNETH SAMET FACHEBOARD MEMBERTrustee/director$0$0$0
KIMBERLY GREGORY MD MPHSTAFF PHYS./BOARD MEMBERTrustee/director$628,728$0$67,391
LAURA LIVINGTON FOXBOARD MEMBERTrustee/director$0$0$0
LAURA W BRILLBOARD MEMBERTrustee/director$0$0$0
LAWRENCE B PLATTBOARD MEMBERTrustee/director$0$0$0
MARC EDELSTEIN MDCHIEF OF STAFF/BOARD MEMBETrustee/director$0$0$0
MARC H RAPAPORTBOARD MEMBERTrustee/director$0$0$0
MARK S GREENFIELDBOARD MEMBERTrustee/director$0$0$0
MARK S SIEGELBOARD MEMBERTrustee/director$0$0$0
MICHELLE KITTLESON MD PHDBOARD MEMBERTrustee/director$0$0$0
MOHAMED MIKE AHMARBOARD MEMBER/SECRETARYTrustee/director, Officer$0$0$0
MONIQUE ARAYA MDBOARD MEMBERTrustee/director$0$0$0
PEGGY MILES MDSTAFF PHYS./BOARD MEMBERTrustee/director$437,027$0$38,499
RAJENDRA MAKKAR MDEXEC DIRECTOR-CARDIAC INTERVENTIONALHighest-compensated employee$2,919,634$0−$10,514
RUSSELL GOLDSMITHBOARD MEMBERTrustee/director$0$0$0
SHLOMO MELMED MDCHIEF ACADEMIC OFFICERKey employee$2,965,359$0$657,620
SONU AHLUWALIA MDBOARD MEMBERTrustee/director$0$0$0
STEVEN ROMICKBOARD MEMBER/SECRETARYTrustee/director, Officer$0$0$0
THOMAS J LEANSE ESQBOARD MEMBERTrustee/director$0$0$0
THOMAS M PRISELACPRESIDENT/CEOTrustee/director, Officer$5,857,203$0$768,274
VERA GUERINBOARD MEMBERTrustee/director$0$0$0
ZURI MURRELL MDMEDICAL DIRECTOR/BOARD MEMTrustee/director$27,706$0$831

E-file object id 202401359349311770. The IRS archive it was read from.

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2024.ZIP, form CMS-2552-10, filed under CMS certification number 050625. 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 HOSP10FY2024.ZIP, read March 27, 2026.