Hospital · Short-term acute hospital
Who owns Fairbanks Memorial Hospital?
1650 Cowles Street · Fairbanks, AK · 99701
Overview
Fairbanks Memorial Hospital is a short-term acute hospital in Fairbanks, Alaska, operated by Foundation Health Partners. Fairbanks North Star County has 1 hospitals, 1 nursing homes and 5 urgent care centers.
Ownership
Fairbanks Memorial Hospital is operated by Foundation Health Partners, part of Greater Fairbanks Community Hospital Foundation.
- Operator
- Foundation Health Partners
- Owner group
- Greater Fairbanks Community Hospital Foundation
- Ownership type
- Private Nonprofit
- Source
- CMS Hospital All Owners · 2026-09-29
Ownership history
Every dated change of operator and owner for Fairbanks Memorial Hospital, with the source for each.
Full ownership tree of Greater Fairbanks Community Hospital Foundation
Every entity between this facility and its ultimate owner, with ownership percentages and dates.
Finances
From the hospital's Medicare cost report, fiscal year ending 2024.
| Net patient revenue | $291.1M |
| Operating expenses | $352.0M |
| Net income | −$54.5M |
| Net income as a share of net patient revenue | -18.7% |
| Uncompensated care cost | $9.9M |
| Charity care cost | $2.0M |
| Medicaid net revenue | $63.1M |
| Medicare disproportionate share percentage | 22.0% |
Payer mix by inpatient days (2024)
- Commercial and other 41.4%
- Medicare 31.2%
- Medicaid 27.3%
Services
Top inpatient services, Medicare (2024)
| Service | Discharges | Average total payment |
|---|---|---|
| Psychoses · 885 | 102 | $27K |
| Septicemia or severe sepsis without MV >96 hours with MCC · 871 | 96 | $33K |
| Heart failure and shock with MCC · 291 | 48 | $21K |
| Septicemia or severe sepsis without MV >96 hours without MCC · 872 | 37 | $18K |
| Respiratory infections and inflammations with MCC · 177 | 37 | $30K |
Top outpatient services, Medicare (2024)
| Service | Services |
|---|---|
| Comprehensive Observation Services · 8011 | 276 |
| Level 1 Intraocular Procedures · 5491 | 275 |
| Level 2 Excision/ Biopsy/ Incision and Drainage · 5072 | 121 |
| Level 5 Urology and Related Services · 5375 | 94 |
| Level 4 Urology and Related Services · 5374 | 85 |
Medicare fee-for-service only. Small counts are suppressed by CMS.
Location and market
- Address
- 1650 Cowles Street · Fairbanks, AK · 99701
- County
- Fairbanks North Star County
- State
- Alaska
3 off-site locations
Campuses, off-site emergency departments and outpatient departments under this hospital's certification.
Sources and identifiers
- Operator: CMS Hospital All Owners
- Finances and payer mix: CMS hospital cost reports (HCRIS), fiscal year 2024
- Services: CMS Medicare inpatient and outpatient utilization
- Ownership type and beds: CMS Provider of Services file
- Location: CMS and Census Bureau geography
- CMS certification number
- 020012
- NPI
- 1720537178
- Last confirmed
- 2026-10-23
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