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Critical access hospital · Friday Harbor, Washington · 10 beds · CMS certification number 501340

Peacehealth Peace Island Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2025, as submitted, stamped by CMS December 16, 2025. Thirteen years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue
$29.9M
$29,891,724 · G-3 line 3
Operating expenses
$32.6M
$32,613,439 · G-3 line 4
Result from patient care
−$2.7M
−$2,721,715 · G-3 line 5
Margin on patient care
−9.1%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $1.5M in its first year on file (2013) to $29.9M in 2025.
  • Its result from patient care: −$1.2M (2023), −$1.2M (2024), −$2.7M (2025).
  • All 5 critical access hospital peers below with a margin on file also report a loss on patient care for fiscal year 2025.
  • PEACEHEALTH holds 100% of it, on its Medicare enrollment.

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

Thirteen years of filings

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

Net patient revenueOperating expenses
2013
settled
$1.5M
$1.0M
2014
settled with audit
$10.0M
$12.7M
2015
reopened
$14.0M
$15.1M
2016
reopened
$15.9M
$17.3M
2017
settled
$17.3M
$16.4M
2018
settled
$16.9M
$18.1M
2019
settled
$20.8M
$21.0M
2020
settled
$17.9M
$20.9M
2021
settled
$23.1M
$22.9M
2022
amended
$23.2M
$25.3M
2023
amended
$26.1M
$27.3M
2024
as submitted
$28.5M
$29.6M
2025
as submitted
$29.9M
$32.6M

Beside its peers

Critical access hospitals in Washington with under 25 beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Peacehealth Peace Island Medical Center10$29,891,724$32,613,439−9.1%
Cascade Medical Center, Leavenworth9$33,868,339$36,031,970−6.4%
Klickitat Valley Health, Goldendale14$44,612,972$46,083,746−3.3%
Othello Community Hospital, Othello16$24,767,184$31,198,924−26.0%
Skyline Hospital, White Salmon14$26,965,852$30,775,426−14.1%
Willapa Harbor Hospital, South Bend10$32,968,893$35,741,000−8.4%

Patients and payers

Discharges
67
S-3 line 14, col 15
Inpatient days
175
S-3 line 14, col 8
Beds in use, on an average day
0.5
days ÷ days in year
Occupancy
4.8%
days ÷ bed days
Medicare share of days
81.1%
S-3 cols 6 ÷ 8

Who owns it

  • PEACEHEALTH100%

Related organizations on its own cost report: PEACEHEALTH (100%), home office.

Other hospitals with the same owner: Ketchikan Medical Center (AK), Sacred Heart Medical Center Riverbend (OR), Cottage Grove Community Medical CT (OR), Peace Harbor Medical Center (OR), St. Joseph Medical Center (WA), St. John Medical Center (WA), Peacehealth Southwest Medical Cente (WA).

Type of control on its cost report: voluntary nonprofit, church.

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 501340. 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 December 16, 2025.