Velarion Records

Short-term acute care hospital · Honolulu, Hawaii · 159 beds · CMS certification number 120022

Straub Benioff Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2025, amended, stamped by CMS June 1, 2026. 29 years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue
$590.3M
$590,299,965 · G-3 line 3
Operating expenses
$631.5M
$631,548,700 · G-3 line 4
Result from patient care
−$41.2M
−$41,248,735 · G-3 line 5
Margin on patient care
−7.0%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $164.9M in its first year on file (1997) to $590.3M in 2025.
  • Its result from patient care: $21.8M (2023), −$1.7M (2024), −$41.2M (2025).
  • 4 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 0.2% of its inpatient days and Medicare for 26.7%.
  • HAWAII PACIFIC HEALTH holds 100% of it, on its Medicare enrollment.

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
$164.9M
$190.7M
1998
reopened
not filed
$194.3M
1999
reopened
$179.7M
$189.4M
2000
reopened
$186.2M
$172.3M
2001
reopened
$185.3M
$209.4M
2002
reopened
$105.1M
$114.8M
2003
reopened
$219.5M
$227.7M
2004
reopened
$219.5M
$218.5M
2005
reopened
$193.2M
$221.2M
2006
reopened
$202.7M
$243.0M
2007
reopened
$195.7M
$243.6M
2008
reopened
$187.8M
$264.3M
2009
reopened
$202.0M
$274.5M
2010
reopened
$205.6M
$286.7M
2011
settled
$218.0M
$304.2M
2012
settled with audit
$312.3M
$321.9M
2013
settled
$326.8M
$358.1M
2014
settled
$380.5M
$375.2M
2015
reopened
$413.7M
$413.9M
2016
reopened
$421.6M
$439.0M
2017
reopened
$439.8M
$450.4M
2018
reopened
$438.8M
$467.5M
2019
settled
$449.9M
$482.3M
2020
reopened
$427.9M
$459.5M
2021
amended
$461.2M
$432.5M
2022
as submitted
$509.0M
$466.2M
2023
as submitted
$537.5M
$515.7M
2024
amended
$542.9M
$544.6M
2025
amended
$590.3M
$631.5M

Beside its peers

Hospitals of the same type (short-term acute care hospital), nearest in size, from Hawaii first; each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Straub Benioff Medical Center159$590,299,965$631,548,700−7.0%
Adventist Health Castle, Kailua142$241,780,702$284,123,757−17.5%
Hilo Benioff Medical Center, Hilo194$316,785,734$374,233,655−18.1%
Kuakini Medical Center, Honolulu170$152,591,190$191,306,474−25.4%
Maui Memorial Medical Center, Wailuku219$382,548,368$369,621,9613.4%
Pali Momi Medical Center, Aiea118$349,444,796$357,512,624−2.3%

Patients and payers

Discharges
7,592
S-3 line 14, col 15
Inpatient days
48,428
S-3 line 14, col 8
Beds in use, on an average day
133.0
days ÷ days in year
Occupancy
83.5%
days ÷ bed days
Medicare share of days
26.7%
S-3 cols 6 ÷ 8
Medicaid share of days
0.2%
S-3 cols 7 ÷ 8

Who owns it

  • HAWAII PACIFIC HEALTH100%

Related organizations on its own cost report: CANCER CENTER O, medical service; PACIFIC MEDICAL, collection serv; HI PACIFIC HEAL (100%), medical service; HAWAII PACIFIC (100%), holding company; HAWAII PACIFIC (100%), holding company.

Other hospitals with the same owner: Wilcox Medical Center (HI), Pali Momi Medical Center (HI), Kapiolani Medical Center for Women & Children (HI).

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 HOSP10FY2024.ZIP, form CMS-2552-10, filed under CMS certification number 120022. 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 June 1, 2026.