Velarion Records

Children's hospital · Madera, California · 358 beds · CMS certification number 053300

Valley Childrens Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended September 30, 2025, as submitted, stamped by CMS March 18, 2026. 30 years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$919.5M
$919,460,586 · G-3 line 3
Operating expenses
$949.4M
$949,424,953 · G-3 line 4
Result from patient care
−$30.0M
−$29,964,367 · G-3 line 5
Margin on patient care
−3.3%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $124.1M in its first year on file (1997) to $919.5M in 2025.
  • Its result from patient care: −$41.9M (2023), −$47.0M (2024), −$30.0M (2025).
  • 4 of the 5 children's hospital peers below with a margin on file also report a loss on patient care for fiscal year 2025.
  • Medicaid paid for 52.2% of its inpatient days and Medicare for 0.0%.

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

30 years of filings

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

Net patient revenueOperating expenses
1996
settled with audit
not filed
not filed
1997
settled
$124.1M
$127.8M
1998
reopened
$131.5M
$150.8M
1999
reopened
$153.3M
$165.6M
2000
settled
$174.1M
$187.5M
2001
reopened
$188.9M
$198.3M
2002
reopened
$201.8M
$219.0M
2003
as submitted
$242.1M
$239.9M
2004
settled
$254.5M
$265.4M
2005
settled
$273.3M
$280.6M
2006
settled
$301.8M
$291.5M
2007
settled
$300.7M
$309.5M
2008
reopened
$311.6M
$320.5M
2009
reopened
$337.5M
$331.5M
2010
reopened
$343.8M
$340.4M
2011
reopened
$479.2M
$392.3M
2012
reopened
$487.8M
$410.6M
2013
settled
$501.2M
$432.7M
2014
settled
$435.2M
$422.9M
2015
settled
$575.7M
$508.6M
2016
settled
$531.1M
$526.5M
2017
settled
$524.0M
$552.4M
2018
settled
$603.3M
$618.6M
2019
reopened
$685.6M
$623.1M
2020
reopened
$614.9M
$663.2M
2021
reopened
$622.0M
$674.8M
2022
reopened
$1.0B
$757.2M
2023
as submitted
$719.9M
$761.8M
2024
as submitted
$801.5M
$848.5M
2025
as submitted
$919.5M
$949.4M

Beside its peers

Hospitals of the same type (children's hospital), nearest in size, from California first; each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Valley Childrens Hospital358$919,460,586$949,424,953−3.3%
UCSF Benioff Childrens Hospital Oakland, Oakland163$711,520,420$686,305,0743.5%
Children's Hospital Los Angeles, Los Angeles386$1,429,610,869$1,932,775,218−35.2%
Rady Children's Hospital Orange County, Orange386$1,373,123,733$1,460,913,735−6.4%
Lucile Packard Children's Hospital Stanford, Palo Alto394$2,702,356,263$2,757,289,337−2.0%
Memorialcare Miller Children's & Women's Hospital Long Beach, Long Beach357$470,574,531$619,930,837−31.7%

Patients and payers

Discharges
10,132
S-3 line 14, col 15
Inpatient days
69,479
S-3 line 14, col 8
Beds in use, on an average day
190.9
days ÷ days in year
Occupancy
53.2%
days ÷ bed days
Medicare share of days
0.0%
S-3 cols 6 ÷ 8
Medicaid share of days
52.2%
S-3 cols 7 ÷ 8

Who owns it

Indirect owner: VALLEY CHILDREN'S HEALTHCARE

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

Owners of 5% or more, from CMS’s hospital ownership file (Medicare enrollment, October 1, 2026).

Community benefit, as filed

From IRS Form 990 Schedule H, Part I, filed by VALLEY CHILDREN'S HOSPITAL (employer identification number 941294954) 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)$66,032,561IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><NetCommunityBenefitExpnsAmt>
Financial assistance at cost (line 7a)$92,423IRS Form 990 Schedule H, Part I, <FinancialAssistanceAtCostTyp><NetCommunityBenefitExpnsAmt>
Medicaid (line 7b)$48,371,425IRS Form 990 Schedule H, Part I, <UnreimbursedMedicaidGrp><NetCommunityBenefitExpnsAmt>
Financial assistance and means-tested government programs (line 7d)$48,715,708IRS Form 990 Schedule H, Part I, <TotalFinancialAssistanceTyp><NetCommunityBenefitExpnsAmt>
Other benefits (line 7j)$17,316,853IRS Form 990 Schedule H, Part I, <TotalOtherBenefitsGrp><NetCommunityBenefitExpnsAmt>
Total, fraction of total expense (line 7k, column f)0.0861IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><TotalExpensePct>

E-file object id 202402289349302380. The IRS archive it was read from.

Executive and director compensation, as filed

From IRS Form 990 Part VII, Section A, filed by VALLEY CHILDREN'S HOSPITAL (employer identification number 941294954) for tax year 2022. The return lists this hospital as its one hospital facility.

NameTitleRoleReportable comp, from this organizationReportable comp, from related organizationsOther compensation
ALLISON KARAHADIANBOARD MEMBERTrustee/director$0$0$0
BEVERLY HAYDEN-PUGHSVP/ADVR TO CEO (AS OF 3/23)Key employee$1,507,867$0$132,447
BILL SMITTCAMPBOARD MEMBERTrustee/director$0$0$0
DAN ADAMSBOARD TREASURERTrustee/director, Officer$0$6,000$0
DAN KOONTZBOARD MEMBERTrustee/director$0$0$0
DANIELLE BARRYSVP, COOKey employee$673,281$0$95,684
DANIELLE PARNAGIANBOARD SECRETARYTrustee/director, Officer$0$0$0
DAVID CHRISTENSENSVP, CPE & PRES VCMGKey employee$1,209,196$0$52,507
DAVID HODGE JRVP, MEDICAL GROUP & ANCILLARY OPKey employee$658,346$0$128,812
FAISAL RAZZAQI MDCHIEF OF STAFF/BOARD MEMBERTrustee/director$62,500$0$0
JANE WILLSONSVP, CHIEF STRATEGY OFFICERKey employee$706,393$0$452,480
JARROD MARTINEZBOARD MEMBERTrustee/director$0$0$0
JEANNINE CAMPOS GRECHBOARD CHAIR (THRU 12/22)Trustee/director, Officer$0$0$0
JESSIE HUDGINSVP, FACILITIES & SUPPORT (THRU 1/23)Key employee$517,510$0$82,203
JOEL BROWNELLVP, CHIEF MED INFO OFF. (THRU 9/23)Highest-compensated employee$532,621$0$103,839
JOLIE LIMONVP ACAD AFFAIRS, DIO & CHIKey employee$541,229$0$97,151
JOSE ELGORRIAGABOARD CHAIRTrustee/director, Officer$0$0$0
JOSEPH EGANVP & CIOKey employee$406,743$0$63,648
KAREN DAHLVP, MED AFFAIRS & PHYS DEVHighest-compensated employee$653,115$0$102,687
KELLIE DYERVP SUPPLY, CONSTR & FAC. (AS OF 1/23)Key employee$248,345$0$26,560
KELLY BEALLSVP/CHIEF PEOPLE OFFICER (AS OF 3/23)Key employee$314,797$0$49,482
KEVIN SHIMAMOTOVP AND ADVISOR TO CIOHighest-compensated employee$665,445$0$104,968
KIM RUIZ BECKBOARD MEMBER (THRU 1/23)Trustee/director$0$0$0
LISA SMITTCAMPBOARD MEMBERTrustee/director$0$0$0
LUZ GONZALEZ MDBOARD MEMBERTrustee/director$0$0$0
LYNNE ASHBECKSVP, CHIEF COMMUNITY IMPACT OFFHighest-compensated employee$622,039$0$94,212
MENDY LAVALBOARD MEMBERTrustee/director$0$0$0
MICHAEL GOLDRINGSVP STRATEGIC PARTNERSHIPSHighest-compensated employee$695,477$0$42,890
MICHAEL HANSONBOARD VICE CHAIRTrustee/director, Officer$0$0$0
MICHELE R WALDRONSVP, CFOOfficer$1,294,288$0$55,030
MIMI CHAO MDFORMER CHIEF OF STAFFFormer$12,500$0$0
NATALE PONTICELLO JRSVP/ADVR TO SVP & CPO (AS OF 3/23)Key employee$1,169,900$0$98,966
NICO GENTILEBOARD MEMBER (THRU 11/22)Trustee/director$0$0$0
RILEY WALTERBOARD MEMBERTrustee/director$0$0$0
SISSY DALENA WOODBOARD MEMBERTrustee/director$0$0$0
STEPHANIE VANCEVP, FINANCEKey employee$510,109$0$112,734
SUSAN BYERSBOARD MEMBERTrustee/director$0$0$0
THOMAS PAGE MDBOARD MEMBERTrustee/director$0$0$0
TODD SUNTRAPAKCEOTrustee/director, Officer$2,989,322$0$62,300
VALERIE VUICICHGUILD MEMBERTrustee/director$0$0$0
VICKY TILTONVP PATIENT CARE SVCS/CNO (AS OF 3/23)Key employee$422,014$0$41,522
WILLIAM CHALTRAW JRSVP, CHIEF LEGAL OFFICERKey employee$656,447$0$52,018

E-file object id 202402289349302380. The IRS archive it was read from.

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 053300. 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 HOSP10FY2025.ZIP, read March 18, 2026.