Hospital · Short-term acute hospital
Who owns Wakemed, Cary Hospital?
1900 Kildare Farm Road · CARY, NC · 27518
Overview
Wakemed, Cary Hospital is a short-term acute hospital in CARY, North Carolina, operated by Wakemed. Wake County has 10 hospitals, 20 nursing homes and 107 urgent care centers.
Ownership
Wakemed, Cary Hospital is operated by Wakemed, part of WakeMed Health and Hospitals.
- Operator
- Wakemed
- Owner group
- WakeMed Health and Hospitals
- Ownership type
- Private Nonprofit
- Sources
- CMS Hospital Enrollments and All Owners (PECOS): hospital ownership graph · 2026-10-25
- irs_schedule_h · 202509
- AHRQ Compendium of U.S. Health Systems (hospital linkage) · 2023-12-31
- Company website · 2026
Ownership history
Every dated change of operator and owner for Wakemed, Cary Hospital, with the source for each.
Full ownership tree of WakeMed Health and Hospitals
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 | $411.4M |
| Operating expenses | $370.5M |
| Net income | $40.9M |
| Net income as a share of net patient revenue | 9.9% |
| Uncompensated care cost | $17.5M |
| Charity care cost | $12.3M |
| Medicaid net revenue | $40.8M |
| Medicare disproportionate share percentage | 3.0% |
Payer mix by inpatient days (2024)
- Commercial and other 73.1%
- Medicare 24.6%
- Medicaid 2.3%
Services
Top inpatient services, Medicare (2024)
| Service | Discharges | Average total payment |
|---|---|---|
| Septicemia or severe sepsis without MV >96 hours with MCC · 871 | 217 | $13K |
| Heart failure and shock with MCC · 291 | 149 | $9K |
| Kidney and urinary tract infections without MCC · 690 | 105 | $6K |
| Respiratory infections and inflammations with MCC · 177 | 88 | $11K |
| Septicemia or severe sepsis without MV >96 hours without MCC · 872 | 74 | $7K |
Top outpatient services, Medicare (2024)
| Service | Services |
|---|---|
| Comprehensive Observation Services · 8011 | 472 |
| Level 1 Intraocular Procedures · 5491 | 223 |
| Level 2 Upper GI Procedures · 5302 | 178 |
| Level 5 Musculoskeletal Procedures · 5115 | 151 |
| Level 4 Urology and Related Services · 5374 | 146 |
Medicare fee-for-service only. Small counts are suppressed by CMS.
Location and market
- Address
- 1900 Kildare Farm Road · CARY, NC · 27518
- County
- Wake County
- State
- North Carolina
1 off-site locations
Campuses, off-site emergency departments and outpatient departments under this hospital's certification.
Nearby hospitals
| Name | City | Distance |
|---|---|---|
| WakeMed Apex Healthplex | Apex | 5.0 mi |
| Peak Rehabilitation Hospital | Apex | 5.0 mi |
| Rex Hospital | Raleigh | 6.8 mi |
| WakeMed Garner Healthplex | Garner | 10.7 mi |
| Duke Health Raleigh Hospital | Raleigh | 10.9 mi |
| Wakemed, Raleigh Campus | Raleigh | 11.1 mi |
Sources and identifiers
- Operator: CMS Hospital Enrollments and All Owners (PECOS): hospital ownership graph · irs_schedule_h · AHRQ Compendium of U.S. Health Systems (hospital linkage) · Company website
- 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
- 340173
- NPI
- 1114993086
- Last confirmed
- 2026-10-23
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