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Critical access hospital · Homer, Alaska · 22 beds · CMS certification number 021313

South Peninsula Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2025, as submitted, stamped by CMS December 9, 2025. Seventeen years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue
$153.0M
$153,034,373 · G-3 line 3
Operating expenses
$152.5M
$152,451,469 · G-3 line 4
Result from patient care
$583K
$582,904 · G-3 line 5
Margin on patient care
0.4%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $27.3M in its first year on file (2009) to $153.0M in 2025.
  • Its result from patient care: −$3.8M (2023), −$5.4M (2024), $583K (2025).
  • 2 of the 3 critical access hospital peers below with a margin on file also report a gain on patient care for fiscal year 2025.
  • Medicaid paid for 16.9% of its inpatient days and Medicare for 58.9%.

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

Seventeen years of filings

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

Net patient revenueOperating expenses
2009
settled
$27.3M
$29.0M
2010
settled
$30.3M
$33.2M
2011
settled
$34.2M
$38.3M
2012
settled
$39.1M
$40.8M
2013
reopened
$45.9M
$49.3M
2014
reopened
$49.8M
$54.1M
2015
settled
$57.0M
$58.6M
2016
settled with audit
$61.7M
$65.6M
2017
settled
$69.2M
$71.8M
2018
settled with audit
$72.4M
$75.7M
2019
settled
$83.5M
$73.0M
2020
as submitted
$80.0M
$71.0M
2021
as submitted
$90.2M
$84.7M
2022
as submitted
$103.6M
$109.9M
2023
as submitted
$112.1M
$116.0M
2024
as submitted
$129.4M
$134.8M
2025
as submitted
$153.0M
$152.5M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
South Peninsula Hospital22$153,034,373$152,451,4690.4%
Cordova Community Hospital, Cordova13$16,488,665$14,963,4599.3%
Kanakanak Hospital, Dillingham16$173,858,495
Maniilaq Health Center, Kotzebue17$95,304,678
Same, Nome18$181,292,162$248,952,057−37.3%
Providence Kodiak Island Medical Center, Kodiak24$70,546,347$62,859,71410.9%

Patients and payers

Discharges
612
S-3 line 14, col 15
Inpatient days
3,459
S-3 line 14, col 8
Beds in use, on an average day
9.5
days ÷ days in year
Occupancy
43.1%
days ÷ bed days
Medicare share of days
58.9%
S-3 cols 6 ÷ 8
Medicaid share of days
16.9%
S-3 cols 7 ÷ 8

Who owns it

Type of control on its cost report: governmental, city.

Community benefit, as filed

From IRS Form 990 Schedule H, Part I, filed by SOUTH PENINSULA HOSPITAL INC (employer identification number 920037099) 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)$21,885,660IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><NetCommunityBenefitExpnsAmt>
Financial assistance at cost (line 7a)$1,122,945IRS Form 990 Schedule H, Part I, <FinancialAssistanceAtCostTyp><NetCommunityBenefitExpnsAmt>
Medicaid (line 7b)$3,661,068IRS Form 990 Schedule H, Part I, <UnreimbursedMedicaidGrp><NetCommunityBenefitExpnsAmt>
Financial assistance and means-tested government programs (line 7d)$4,784,013IRS Form 990 Schedule H, Part I, <TotalFinancialAssistanceTyp><NetCommunityBenefitExpnsAmt>
Other benefits (line 7j)$17,101,647IRS Form 990 Schedule H, Part I, <TotalOtherBenefitsGrp><NetCommunityBenefitExpnsAmt>
Total, fraction of total expense (line 7k, column f)0.19752IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><TotalExpensePct>

E-file object id 202411189349300506. The IRS archive it was read from.

Executive and director compensation, as filed

From IRS Form 990 Part VII, Section A, filed by SOUTH PENINSULA HOSPITAL INC (employer identification number 920037099) for tax year 2022. The return lists this hospital as its one hospital facility.

NameTitleRoleReportable comp, from this organizationReportable comp, from related organizationsOther compensation
Aaron WeisserVice PresidentTrustee/director$6,000$0$0
Angela HinneganCOOOfficer$261,118$0$6,100
Angela JohnsonCNOOfficer$77,394$0$147
Anna HermansonCFOOfficer$163,071$0$1,450
Bernadette WilsonDirectorTrustee/director$7,500$0$0
Brent AdcoxOrthopaedic SurgeonHighest-compensated employee$1,601,347$0$6,100
Christina TuomiCMOOfficer$394,056$0$6,100
Christopher LandessER PhysicianHighest-compensated employee$437,077$0$6,100
Christy MartinezPhysicianHighest-compensated employee$471,207$0$6,100
Edson KnappDirector and RadiologistTrustee/director$1,031,963$0$6,100
Julie WoodworthSecretaryTrustee/director$7,500$0$0
Kari-Ann Calderwood BakerDirectorTrustee/director$6,000$0$0
Kelly CooperPresidentTrustee/director$9,000$0$0
Mary WytheDirectorTrustee/director$6,000$0$0
Matt HambrickDirectorTrustee/director$6,000$0$0
Melissa JacobsenDirectorTrustee/director$7,500$0$0
Michael BoilingDirector and General SurgeonTrustee/director$545,278$0$0
Nathan KincaidPhysicianHighest-compensated employee$542,055$0$6,100
Rachael KincaidCNOOfficer$204,864$0$6,100
Ryan SmithCEOOfficer$545,876$0$6,100
Sarah RobertsPhysicianHighest-compensated employee$467,410$0$6,100
Walter PartridgeTreasurerTrustee/director$7,500$0$0

E-file object id 202411189349300506. The IRS archive it was read from.

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2024.ZIP, form CMS-2552-10, filed under CMS certification number 021313. Patients and payers: worksheet S-3 Part I of the same filing.

How this page was built: the CMS Medicare cost report, file HOSP10FY2024.ZIP, read December 9, 2025.