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Critical access hospital · Hillsboro, Illinois · 25 beds · CMS certification number 141332

Hillsboro Area Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2025, as submitted, stamped by CMS December 5, 2025. 22 years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue
$53.0M
$52,978,353 · G-3 line 3
Operating expenses
$47.8M
$47,816,178 · G-3 line 4
Result from patient care
$5.2M
$5,162,175 · G-3 line 5
Margin on patient care
9.7%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $4.1M in its first year on file (2004) to $53.0M in 2025.
  • Its result from patient care: $226K (2023), $3.1M (2024), $5.2M (2025).
  • 3 of the 5 critical access hospital peers below with a margin on file also report a gain on patient care for fiscal year 2025.
  • Medicaid paid for 0.4% of its inpatient days and Medicare for 59.8%.
  • HILLSBORO AREA HOSPITAL SYSTEM NFP holds 100% of it, on its Medicare enrollment.

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

22 years of filings

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

Net patient revenueOperating expenses
2004
settled
$4.1M
$3.6M
2005
reopened
$16.0M
$14.6M
2006
settled
$15.3M
$14.2M
2007
settled
$17.3M
$15.7M
2008
settled
$16.9M
$16.7M
2009
settled
$16.9M
$15.7M
2010
settled
$16.9M
$16.0M
2011
reopened
$19.1M
$18.1M
2012
settled
$19.3M
$18.5M
2013
reopened
$19.8M
$19.6M
2014
settled with audit
$19.4M
$18.4M
2015
settled
$20.9M
$19.2M
2016
settled
$21.0M
$19.5M
2017
settled
$24.0M
$22.1M
2018
settled
$24.0M
$22.9M
2019
settled
$24.0M
$24.5M
2020
settled
$27.9M
$26.1M
2021
settled
$31.7M
$29.8M
2022
settled
$33.7M
$31.7M
2023
settled
$33.8M
$33.5M
2024
settled
$39.9M
$36.9M
2025
as submitted
$53.0M
$47.8M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
Hillsboro Area Hospital25$52,978,353$47,816,1789.7%
Carle Eureka Hospital, Eureka25$33,442,659$31,215,6766.7%
Community Hospital of Staunton, Staunton25$29,036,790$23,365,93519.5%
OSF Saint Paul Medical Center, Mendota25$65,140,047$63,955,6261.8%
Midwest Medical Center, Galena25$44,409,156$49,181,907−10.8%
Boyd Healthcare Services, Carrollton25$17,573,180$19,761,600−12.4%

Patients and payers

Discharges
271
S-3 line 14, col 15
Inpatient days
1,556
S-3 line 14, col 8
Beds in use, on an average day
4.3
days ÷ days in year
Occupancy
17.1%
days ÷ bed days
Medicare share of days
59.8%
S-3 cols 6 ÷ 8
Medicaid share of days
0.4%
S-3 cols 7 ÷ 8

Who owns it

  • HILLSBORO AREA HOSPITAL SYSTEM NFP100%

Related organizations on its own cost report: HILLSBORO HEALTH SERVICES, health related services; HILLSBORO HEALTH SERVICES, health related services.

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 HILLSBORO AREA HOSPITAL INC (employer identification number 370661208) 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)$2,051,512IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><NetCommunityBenefitExpnsAmt>
Financial assistance at cost (line 7a)$126,756IRS Form 990 Schedule H, Part I, <FinancialAssistanceAtCostTyp><NetCommunityBenefitExpnsAmt>
Medicaid (line 7b)$817,108IRS Form 990 Schedule H, Part I, <UnreimbursedMedicaidGrp><NetCommunityBenefitExpnsAmt>
Financial assistance and means-tested government programs (line 7d)$943,864IRS Form 990 Schedule H, Part I, <TotalFinancialAssistanceTyp><NetCommunityBenefitExpnsAmt>
Other benefits (line 7j)$1,107,648IRS Form 990 Schedule H, Part I, <TotalOtherBenefitsGrp><NetCommunityBenefitExpnsAmt>
Total, fraction of total expense (line 7k, column f)0.0666IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><TotalExpensePct>

E-file object id 202410449349301856. The IRS archive it was read from.

Executive and director compensation, as filed

From IRS Form 990 Part VII, Section A, filed by HILLSBORO AREA HOSPITAL INC (employer identification number 370661208) for tax year 2022. The return lists this hospital as its one hospital facility.

NameTitleRoleReportable comp, from this organizationReportable comp, from related organizationsOther compensation
ABBY BUGGTEAMWORK REHAB DIRECTORHighest-compensated employee$138,024$0$51,879
ANDREW OTTPODIATRISTHighest-compensated employee$290,258$0$24,106
BARBARA SMITHNURSE COORDINATORHighest-compensated employee$116,586$0$19,158
DAVID HOUGHDIRECTORTrustee/director$0$0$0
DR BEN CADYDIRECTORTrustee/director$0$0$0
DR DOUG BYERSDIRECTOR (THRU 02/2023)Trustee/director$0$0$0
DR JOSEPH BLASERDIRECTOR (BEG 03/2023)Trustee/director$0$0$0
DR NATHAN KIRBYDIRECTORTrustee/director$0$0$0
EARL FLACKCHAIRMANTrustee/director, Officer$0$0$0
ELVIS HARRISONVP OF PATIENT CARE SERVICESHighest-compensated employee$167,147$0$31,297
JAMES HERTELDIRECTORTrustee/director$0$0$0
JORDAN RUPPERTDIRECTORTrustee/director$0$0$0
JULIE JENKINSSECRETARYTrustee/director, Officer$0$0$0
LISA WHITEVICE CHAIRTrustee/director, Officer$0$0$0
MARY HERSCHELMANDIRECTOR (BEG 10/2022)Trustee/director$0$0$0
MIKE ALEXANDERPRESIDENT & CEO (BEG 01/2023)Officer$0$0$0
MISTY BORROWMANTREASURERTrustee/director, Officer$0$0$0
REX BROWNPRESIDENT & CEO (THRU 12/2022)Officer$0$0$0
TERRI CARROLLCHIEF FINANCIAL OFFICEROfficer$200,204$0$37,105
THERESA RAPPDIRECTOR OF SURGICAL SERVICESHighest-compensated employee$117,275$0$4,178

E-file object id 202410449349301856. 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 141332. 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 HOSP10FY2024.ZIP, read December 5, 2025.