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Critical access hospital · Lake City, Iowa · 20 beds · CMS certification number 161350

Stewart Memorial Community Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS June 5, 2026. 23 years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue
$44.3M
$44,272,512 · G-3 line 3
Operating expenses
$44.2M
$44,190,537 · G-3 line 4
Result from patient care
$82K
$81,975 · G-3 line 5
Margin on patient care
0.2%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $6.3M in its first year on file (2003) to $44.3M in 2025.
  • Its result from patient care: −$593K (2023), $2.3M (2024), $82K (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 7.6% of its inpatient days and Medicare for 45.6%.

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

23 years of filings

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

Net patient revenueOperating expenses
2003
reopened
$6.3M
$6.8M
2004
settled with audit
$14.4M
$14.2M
2005
settled with audit
$14.7M
$15.1M
2006
settled
$15.2M
$21.3M
2007
settled with audit
$16.5M
$22.3M
2008
reopened
$18.8M
$25.2M
2009
reopened
$19.3M
$26.1M
2010
reopened
$19.2M
$26.8M
2011
reopened
$21.9M
$29.2M
2012
reopened
$24.3M
$31.1M
2013
reopened
$23.5M
$31.2M
2014
reopened
$22.5M
$31.3M
2015
reopened
$27.5M
$31.3M
2016
reopened
$29.8M
$33.2M
2017
settled
$29.4M
$32.5M
2018
settled
$28.9M
$31.5M
2019
settled
$28.7M
$30.7M
2020
settled
$24.0M
$27.4M
2021
settled
$26.9M
$29.4M
2022
settled
$29.8M
$31.8M
2023
settled
$36.7M
$37.3M
2024
settled
$42.7M
$40.4M
2025
as submitted
$44.3M
$44.2M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
Stewart Memorial Community Hospital20$44,272,512$44,190,5370.2%
CHI Health Mercy Corning, Corning22$25,835,195$23,860,2527.6%
Iowa Specialty Hospital-Belmond, Belmond22$57,273,852$56,019,6092.2%
Mercyone Centerville Medical Center, Centerville20$44,080,284$48,568,031−10.2%
Sioux Center Health, Sioux Center19$69,521,254$73,717,796−6.0%
Waverly Health Center, Waverly21$86,309,668$83,060,0673.8%

Patients and payers

Discharges
302
S-3 line 14, col 15
Inpatient days
1,161
S-3 line 14, col 8
Beds in use, on an average day
3.2
days ÷ days in year
Occupancy
15.9%
days ÷ bed days
Medicare share of days
45.6%
S-3 cols 6 ÷ 8
Medicaid share of days
7.6%
S-3 cols 7 ÷ 8

Who owns it

Related organizations on its own cost report: TRINITY HEALTH, home office / management.

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

Community benefit, as filed

From IRS Form 990 Schedule H, Part I, filed by STEWART MEMORIAL COMMUNITY HOSPITAL (employer identification number 420860039) for tax year 2023. The return lists this hospital as its one hospital facility.

FigureAs filedWhere it comes from
Total community benefit expense (line 7k)$482,514IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><NetCommunityBenefitExpnsAmt>
Financial assistance at cost (line 7a)$126,000IRS Form 990 Schedule H, Part I, <FinancialAssistanceAtCostTyp><NetCommunityBenefitExpnsAmt>
Financial assistance and means-tested government programs (line 7d)$126,000IRS Form 990 Schedule H, Part I, <TotalFinancialAssistanceTyp><NetCommunityBenefitExpnsAmt>
Other benefits (line 7j)$356,514IRS Form 990 Schedule H, Part I, <TotalOtherBenefitsGrp><NetCommunityBenefitExpnsAmt>
Total, fraction of total expense (line 7k, column f)0.013IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><TotalExpensePct>

E-file object id 202403189349306415. The IRS archive it was read from.

Executive and director compensation, as filed

From IRS Form 990 Part VII, Section A, filed by STEWART MEMORIAL COMMUNITY HOSPITAL (employer identification number 420860039) for tax year 2023. The return lists this hospital as its one hospital facility.

NameTitleRoleReportable comp, from this organizationReportable comp, from related organizationsOther compensation
CHADRIC DIETRICHBOARD CHAIR/DIRECTOR THRU 11/23Trustee/director, Officer$0$0$0
CHARLES SCHMITTDIRECTORTrustee/director$0$0$0
CYNTHIA CARSTENSCEOOfficer$0$0$0
DANNIELE ANDERSONPA-CHighest-compensated employee$251,825$0$24,246
DEREK DUNCAND.O.Highest-compensated employee$815,777$0$44,993
DR SUSAN HORNBACKMEDICAL COUNSELTrustee/director$1,007,833$0$45,758
JAMES LEWISCRNAHighest-compensated employee$286,495$0$20,890
JENNIFER LANEDIRECTORTrustee/director$0$0$0
JIM HENKENIUSCFOOfficer$176,165$0$17,803
JORDAN LIETZSECRETARYTrustee/director, Officer$0$0$0
JOSH SMITHD.O.Highest-compensated employee$525,543$0$23,465
MARY LAUVERDIRECTORTrustee/director$0$0$0
RONALD CHENEYD.O.Highest-compensated employee$487,590$0$21,768
SCOTT KLUVERTREASURER THRU 9/23Trustee/director, Officer$0$0$0
SCOTT NESBITTBOARD CHAIRTrustee/director, Officer$0$0$0
STACY COREYDIRECTORTrustee/director$0$0$0
THERESA HILDRETHVICE CHAIRTrustee/director, Officer$0$0$0

E-file object id 202403189349306415. 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 161350. 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 5, 2026.