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Critical access hospital · Madison, Florida · 25 beds · CMS certification number 101311

Madison County Memorial Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended September 30, 2025, as submitted, stamped by CMS March 4, 2026. Twenty years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue
$14.3M
$14,316,048 · G-3 line 3
Operating expenses
$17.2M
$17,170,455 · G-3 line 4
Result from patient care
−$2.9M
−$2,854,407 · G-3 line 5
Margin on patient care
−19.9%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $7.1M in its first year on file (2006) to $14.3M in 2025.
  • Its result from patient care: −$3.8M (2023), −$3.5M (2024), −$2.9M (2025).
  • 3 of the 5 critical access hospital peers below with a margin on file also report a loss on patient care for fiscal year 2025.

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

Twenty years of filings

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

Net patient revenueOperating expenses
2006
settled with audit
$7.1M
$8.1M
2007
settled with audit
$8.5M
$10.1M
2008
settled
$8.4M
$10.4M
2009
reopened
$6.0M
$7.0M
2010
settled
$6.3M
$6.8M
2011
reopened
$6.2M
$7.6M
2012
reopened
$7.1M
$8.6M
2013
settled
$6.1M
$8.7M
2014
settled
$7.0M
$8.3M
2015
settled with audit
$8.8M
$10.7M
2016
settled
$11.9M
$13.9M
2017
settled
$12.1M
$13.7M
2018
settled
$8.8M
$10.7M
2019
settled
$9.1M
$10.9M
2020
settled
$9.5M
$12.1M
2021
settled
$10.1M
$13.9M
2022
settled
$11.5M
$13.9M
2023
settled
$11.4M
$15.1M
2024
settled
$12.8M
$16.4M
2025
as submitted
$14.3M
$17.2M

Beside its peers

Critical access hospitals in Florida with 25 to 49 beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Madison County Memorial Hospital25$14,316,048$17,170,455−19.9%
Adventhealth Wauchula, Wauchula25$41,027,277$36,945,02310.0%
Doctors Memorial Hospital, Perry25$24,069,303$28,193,906−17.1%
George E Weems Memorial Hospital, Apalachicola25$7,774,183$13,992,446−80.0%
Lake Butler Hospital, Lake Butler25$17,019,372$14,296,50316.0%
Northwest Florida Community Hospital, Chipley25$45,053,487$50,913,320−13.0%

Patients and payers

Discharges
177
S-3 line 14, col 15
Inpatient days
3,067
S-3 line 14, col 8
Beds in use, on an average day
8.4
days ÷ days in year
Occupancy
33.6%
days ÷ bed days
Medicare share of days
54.4%
S-3 cols 6 ÷ 8

Who owns it

Type of control on its cost report: governmental, hospital district.

Community benefit, as filed

From IRS Form 990 Schedule H, Part I, filed by MADISON COUNTY HOSPITAL HEALTH (employer identification number 592319288) 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)$77,700IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><NetCommunityBenefitExpnsAmt>
Financial assistance at cost (line 7a)$77,700IRS Form 990 Schedule H, Part I, <FinancialAssistanceAtCostTyp><NetCommunityBenefitExpnsAmt>
Financial assistance and means-tested government programs (line 7d)$77,700IRS Form 990 Schedule H, Part I, <TotalFinancialAssistanceTyp><NetCommunityBenefitExpnsAmt>
Total, fraction of total expense (line 7k, column f)0.0051IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><TotalExpensePct>

E-file object id 202422189349300747. The IRS archive it was read from.

Executive and director compensation, as filed

From IRS Form 990 Part VII, Section A, filed by MADISON COUNTY HOSPITAL HEALTH (employer identification number 592319288) for tax year 2022. The return lists this hospital as its one hospital facility.

NameTitleRoleReportable comp, from this organizationReportable comp, from related organizationsOther compensation
BEN HARRISCHAIRTrustee/director, Officer$0$0$0
BRITTANY SELPHCNOOfficer$93,685$0$9,525
CYNTHIA BURNETT SASNETTHROOfficer$88,497$0$5,411
DANIEL PERKINS MDPHYSICIANHighest-compensated employee$203,687$0$33,384
JIM SALEDIRECTORTrustee/director$0$0$0
JUANITA WEBB FICODIRECTORTrustee/director$0$0$0
KAREN ANNETTE JOHNSONDIRECTORTrustee/director$0$0$0
PATRICK MCGEECFOOfficer$101,201$0$10,660
REBECCA HUGHESRNHighest-compensated employee$107,702$0$10,357
ROSA RICHARDSONSECRETARYTrustee/director, Officer$0$0$0
SHIRLEY JOSEPHVICE CHAIRTrustee/director, Officer$0$0$0
TAMMY STEVENSCEOOfficer$181,669$0$1,366

E-file object id 202422189349300747. 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 101311. 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 March 4, 2026.