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Critical access hospital · Cheyenne Wells, Colorado · 11 beds · CMS certification number 061343

Keefe Memorial Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS June 11, 2026. Nine years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue
$12.7M
$12,726,654 · G-3 line 3
Operating expenses
$17.1M
$17,119,475 · G-3 line 4
Result from patient care
−$4.4M
−$4,392,821 · G-3 line 5
Margin on patient care
−34.5%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $2.4M in its first year on file (2017) to $12.7M in 2025.
  • Its result from patient care: −$4.0M (2023), −$3.7M (2024), −$4.4M (2025).
  • 4 of the 5 critical access hospital peers below with a margin on file also report a loss on patient care for fiscal year 2025.
  • Medicaid paid for 3.4% of its inpatient days and Medicare for 69.0%.

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

Nine years of filings

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

Net patient revenueOperating expenses
2017
settled
$2.4M
$2.5M
2018
reopened
$4.7M
$6.5M
2019
settled
$5.2M
$6.5M
2020
settled
$6.0M
$6.9M
2021
settled
$6.3M
$9.1M
2022
settled
$8.3M
$11.9M
2023
settled
$9.6M
$13.6M
2024
as submitted
$13.0M
$16.6M
2025
as submitted
$12.7M
$17.1M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
Keefe Memorial Hospital11$12,726,654$17,119,475−34.5%
Melissa Memorial Hospital, Holyoke15$25,623,473$29,125,325−13.7%
Pagosa Springs Medical Center, Pagosa Springs11$43,752,210$49,373,872−12.8%
Uchealth, Woodland Park13$37,744,584$34,045,6779.8%
Sedgwick County Memorial Hospital, Julesburg9$15,788,408$19,053,177−20.7%
Wray Community District Hospital, Wray15$44,056,719$46,434,495−5.4%

Patients and payers

Discharges
28
S-3 line 14, col 15
Inpatient days
351
S-3 line 14, col 8
Beds in use, on an average day
1.0
days ÷ days in year
Occupancy
8.7%
days ÷ bed days
Medicare share of days
69.0%
S-3 cols 6 ÷ 8
Medicaid share of days
3.4%
S-3 cols 7 ÷ 8

Who owns it

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

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 061343. Patients and payers: worksheet S-3 Part I of the same filing.

How this page was built: the CMS Medicare cost report, file HOSP10FY2025.ZIP, read June 11, 2026.