Velarion Records

Short-term acute care hospital · Detroit, Michigan · 115 beds · CMS certification number 230297

Karmanos Cancer Center

Latest filing: fiscal year ended September 30, 2025, as submitted, stamped by CMS March 17, 2026. Twenty years on file, all shown below. Also on the 340B covered-entity register.

Enrolled with Medicare by Barbara Ann Karmanos Cancer Hospital.

Fiscal 2025 at a glance

Net patient revenue $401.6M $401,618,532 · G-3 line 3
Operating expenses $523.1M $523,108,216 · G-3 line 4
Result from patient care −$121.5M −$121,489,684 · G-3 line 5
Margin on patient care −30.3% line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $71.4M in its first year on file (2006) to $401.6M in 2025.
  • Its result from patient care: −$83.6M (2023), −$83.9M (2024), −$121.5M (2025).
  • 2 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 1.2% of its inpatient days and Medicare for 17.5%.
  • BARBARA ANN KARMANOS CANCER INSTITUTE holds 100% of it, on its Medicare enrollment.

How these statements are drawn

Twenty years of filings

Net patient revenueOperating expenses

2006 reopened margin 8.2% $71.4M $65.5M

2007 reopened margin 0.4% $181.7M $181.0M

2008 reopened margin −1.6% $192.9M $196.0M

2009 reopened margin −2.6% $206.6M $212.0M

2010 reopened margin −2.2% $211.5M $216.1M

2011 reopened margin −3.5% $225.1M $232.9M

2012 reopened margin −5.8% $223.1M $236.0M

2013 reopened margin −4.6% $222.9M $233.2M

2014 reopened margin −8.8% $208.9M $227.4M

2015 reopened margin −7.1% $227.4M $243.6M

2016 reopened margin −2.6% $234.4M $240.6M

2017 reopened margin −3.5% $227.1M $234.9M

2018 reopened margin −9.8% $230.5M $253.2M

2019 reopened margin −15.6% $236.0M $272.7M

2020 reopened margin −30.6% $222.2M $290.3M

2021 settled margin −23.9% $271.9M $337.0M

2022 settled margin −27.8% $284.8M $363.8M

2023 settled margin −24.9% $335.6M $419.2M

2024 amended margin −21.2% $396.5M $480.4M

2025 as submitted margin −30.3% $401.6M $523.1M

Beside its peers

Short-term acute care hospitals in Michigan with 100 to 199 beds, fiscal year 2025.

Hospital Beds Net patient revenue Operating expenses Margin

Karmanos Cancer Center 115 $401,618,532 $523,108,216 −30.3%

Garden City Hospital, Garden City 138 $175,475,004 $143,623,043 18.1%

Lake Huron Medical Center, Port Huron 129 $74,027,660 $78,039,416 −5.4%

McLaren Oakland, Pontiac 107 $272,419,258 $269,536,628 1.1%

Memorial Healthcare, Owosso 113 $365,652,728 $372,786,189 −1.9%

Mymichigan Medical Center Alpena, Alpena 128 $335,277,553 $321,343,411 4.2%

Patients and payers

  • Discharges 2,351 S-3 line 14, col 15
  • Inpatient days 20,853 S-3 line 14, col 8
  • Beds in use, on an average day 57.3 days ÷ days in year
  • Occupancy 55.6% days ÷ bed days
  • Medicare share of days 17.5% S-3 cols 6 ÷ 8
  • Medicaid share of days 1.2% S-3 cols 7 ÷ 8

Who owns it

  • BARBARA ANN KARMANOS CANCER INSTITUTE100%

Related organizations on its own cost report: MCLAREN HEALTH (100%); KCI (100%).

Control: voluntary nonprofit, other.

Community benefit, as filed

From IRS Form 990 Schedule H, Part I, filed by BARBARA ANN KARMANOS CANCER HOSPITAL (employer identification number 201649466) 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)$27,526,736IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><NetCommunityBenefitExpnsAmt>
Financial assistance at cost (line 7a)$1,740,842IRS Form 990 Schedule H, Part I, <FinancialAssistanceAtCostTyp><NetCommunityBenefitExpnsAmt>
Medicaid (line 7b)$25,785,894IRS Form 990 Schedule H, Part I, <UnreimbursedMedicaidGrp><NetCommunityBenefitExpnsAmt>
Financial assistance and means-tested government programs (line 7d)$27,526,736IRS Form 990 Schedule H, Part I, <TotalFinancialAssistanceTyp><NetCommunityBenefitExpnsAmt>
Total, fraction of total expense (line 7k, column f)0.0646IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><TotalExpensePct>

E-file object id 202402279349302350. The IRS archive it was read from.

Executive and director compensation, as filed

From IRS Form 990 Part VII, Section A, filed by BARBARA ANN KARMANOS CANCER HOSPITAL (employer identification number 201649466) for tax year 2022. The return lists this hospital as its one hospital facility.

NameTitleRoleReportable comp, from this organizationReportable comp, from related organizationsOther compensation
ABHINAV DEOL MDBOARD MEMBERTrustee/director$0$0$0
BORIS PASCHE MDBOARD MEMBER/PRES KCI-STARTED 2023Trustee/director, Officer$0$0$0
BRIAN GAMBLEPRESIDENT KCCTrustee/director, Officer$0$554,878$93,035
CHRISTOPHER D GRAUNSTADTVP, OPERATIONSKey employee$289,398$0$6,508
DANIEL RETBOARD MEMBERTrustee/director$0$0$0
DAVID E DUPREYBOARD MEMBERTrustee/director$0$0$0
DAVID STERNBERGPHYSICIAN MANAGERHighest-compensated employee$615,087$0$33,619
GEANEEN M ARENDSBOARD MEMBERTrustee/director$0$0$0
GEORGE H YOO MDCHIEF MEDICAL OFFICERTrustee/director$174,417$0$2
GEROLD BEPLER MD PHDFORMER BOARD MEMBER/PRESIDENT KCIFormer$0$1,374,928$17,482
JEFFREY HOTALINGPHYSICIAN MANAGERHighest-compensated employee$802,256$0$19,927
JIM BENNETHUMBOARD MEMBERTrustee/director$0$0$0
JOSEPH UBERTI MDBOARD MEMBERTrustee/director$0$0$0
KAREN CULLENBOARD MEMBERTrustee/director$0$0$0
KATHLEEN CAROLINVP, CHIEF NURSING OFFICERKey employee$285,960$0$33,699
MICHAEL DUHAIMEBOARD MEMBERTrustee/director$0$0$0
MYRON FRASIERBOARD MEMBERTrustee/director$0$0$0
NATASHA ROBINETTESERVICE CHIEF RADIOLOGYHighest-compensated employee$565,280$0$28,312
PHIL INCARNATIBOARD MEMBERTrustee/director$0$10,748,364$35,341
REGINA DOXTADERVP, CFO & SECRETARYOfficer$0$18,750$0
SCOTT HUNTERBOARD MEMBER/CHAIRTrustee/director, Officer$0$0$0
SUNIL BAJAJRADIOLOGISTHighest-compensated employee$527,202$0$28,077
SYED RAZAPHYSICIAN MANAGERHighest-compensated employee$707,759$0$20,875
TIMONTHY MONAHANBOARD MEMBERTrustee/director$0$16,500$0
WAEL SAKRBOARD MEMBERTrustee/director$0$0$0

E-file object id 202402279349302350. The IRS archive it was read from.

Follow Karmanos Cancer Center, free

More short-term acute care hospitals in Michigan

File HOSP10FY2025.ZIP, form CMS-2552-10, CMS certification number 230297. Owners of 5% or more: CMS Hospital All Owners and Hospital Enrollments, Medicare enrollment October 1, 2026.

How this page was built: the CMS Medicare cost report, file HOSP10FY2025.ZIP, read March 17, 2026.

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