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Medicare cost reports · Arizona

Arizona nursing home cost reports

131 Arizona nursing homes filed a full-year Medicare cost report for fiscal years ending between September 2024 and December 2025, according to CMS's Healthcare Cost Report Information System (HCRIS) as of October 2026. The median building reported $423 of patient revenue and $400 of operating expense per patient day, and a net margin of 8.5%. 32 of the 125 that reported a margin were losing money.

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131
full-year cost reports filed
8.5%
median net margin
$423
median patient revenue per day
26%
reported a loss

Arizona, from CMS's Healthcare Cost Report Information System (HCRIS) as of October 2026.

What the middle building reported

Arizona against the country, line by line

Fiscal years ending between September 2024 and December 2025. Source: CMS's Healthcare Cost Report Information System (HCRIS).

LineArizona medianMiddle halfU.S. medianFilings
OccupancyPatient days as a share of available bed days, both off Worksheet S-3 Part I.80.6%71.2% to 89.9%84.2%129
Medicare share of daysTraditional Medicare days as a share of all patient days, off Worksheet S-3 Part I.9.2%5.3% to 19.2%7.7%127
Medicaid share of daysMedicaid days as a share of all patient days, off Worksheet S-3 Part I.60.5%40.6% to 70.7%66.3%128
Patient revenue per patient dayNet patient revenue off Worksheet G-3, divided by patient days off Worksheet S-3 Part I. Blended across every payer.$423$368 to $556$373131
Operating expense per patient dayTotal operating expense off Worksheet G-3, divided by patient days. Net income also counts income and expense outside patient care, such as investment income, rentals and donations, which is why it is not patient revenue minus this line.$400$363 to $579$372130
Net income per patient dayNet income off Worksheet G-3, divided by patient days.$33−$6 to $69$14131
Net marginNet income off Worksheet G-3 over net patient revenue off the same worksheet.8.5%-0.3% to 14.8%3.7%125

Each figure is the middle Arizona building on that line, from its own most recent full-year filing. A line resting on fewer than 20 filings shows no figure. No building’s own numbers are on this page; open a building below for its filing.

Every Arizona nursing home with a cost report on file, A to Z (131)
About this data
How many nursing homes in Arizona file a cost report?
131 filed a full-year Medicare cost report for fiscal years ending between September 2024 and December 2025, according to CMS's Healthcare Cost Report Information System (HCRIS) as of October 2026.
What is the average profit margin of a Arizona nursing home?
The median Arizona nursing home reported a net margin of 8.5% on its most recent full-year Medicare cost report.
Where can I find a Arizona nursing home's cost report?
Open the building on SNFRadar: its page carries its own most recent filing against the Arizona median on every line, from the same CMS data.
Source: CMS's Healthcare Cost Report Information System (HCRIS).
Published by 3G Healthcare Real Estate, skilled nursing advisors. Authors: Stan Klos III, Founder · Christian Patrick, President.