Velarion Records

Critical access hospital · Mt. Pleasant, Iowa · 25 beds · CMS certification number 161356

Henry County Health Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2025, as submitted, stamped by CMS December 9, 2025. 22 years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue
$66.9M
$66,918,066 · G-3 line 3
Operating expenses
$60.3M
$60,345,388 · G-3 line 4
Result from patient care
$6.6M
$6,572,678 · G-3 line 5
Margin on patient care
9.8%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $3.6M in its first year on file (2004) to $66.9M in 2025.
  • Its result from patient care: −$3.7M (2023), $1.7M (2024), $6.6M (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.
  • GREAT RIVER HEALTH SYSTEM INC 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
reopened
$3.6M
$3.9M
2005
reopened
$3.9M
$24.1M
2006
settled
$27.3M
$24.8M
2007
settled
$26.5M
$25.5M
2008
settled
$25.8M
$27.2M
2009
settled
$28.1M
$27.8M
2010
settled with audit
$28.0M
$29.7M
2011
settled
$30.7M
$31.3M
2012
reopened
$29.2M
$30.9M
2013
reopened
$30.5M
$31.5M
2014
settled
$30.8M
$33.6M
2015
reopened
$32.5M
$34.5M
2016
settled
$33.8M
$35.2M
2017
settled
$34.3M
$37.3M
2018
settled
$34.2M
$38.8M
2019
settled
$34.9M
$39.5M
2020
reopened
$34.6M
$41.6M
2021
reopened
$35.8M
$42.1M
2022
reopened
$35.9M
$39.4M
2023
settled
$38.4M
$42.0M
2024
settled
$54.3M
$52.6M
2025
as submitted
$66.9M
$60.3M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
Henry County Health Center25$66,918,066$60,345,3889.8%
Franklin General Hospital, Hampton25$29,579,752$30,707,291−3.8%
Grundy County Memorial Hospital, Grundy Center25$40,182,578$34,694,38013.7%
Hancock County Health System, Britt25$31,795,008$34,237,396−7.7%
Iowa Specialty Hospital- Clarion, Clarion25$98,705,037$95,382,1813.4%
Pocahontas Community Hospital, Pocahontas25$18,666,192$17,733,4855.0%

Patients and payers

Discharges
242
S-3 line 14, col 15
Inpatient days
1,819
S-3 line 14, col 8
Beds in use, on an average day
5.0
days ÷ days in year
Occupancy
19.9%
days ÷ bed days
Medicare share of days
61.5%
S-3 cols 6 ÷ 8

Who owns it

  • GREAT RIVER HEALTH SYSTEM INC100%

Related organizations on its own cost report: HENRY CO HEALTH (25%), renal dialysis; SERMC, hospital; SERMC, health system; HENRY CO HEALTH (100%), & sailors.

Other hospitals with the same owner: Southeast Iowa Regional Medical Center (IA).

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 HENRY COUNTY HEALTH CENTER INC (employer identification number 862701018) 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)$191,178IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><NetCommunityBenefitExpnsAmt>
Financial assistance at cost (line 7a)$77,892IRS Form 990 Schedule H, Part I, <FinancialAssistanceAtCostTyp><NetCommunityBenefitExpnsAmt>
Medicaid (line 7b)$17,662IRS Form 990 Schedule H, Part I, <UnreimbursedMedicaidGrp><NetCommunityBenefitExpnsAmt>
Financial assistance and means-tested government programs (line 7d)$95,554IRS Form 990 Schedule H, Part I, <TotalFinancialAssistanceTyp><NetCommunityBenefitExpnsAmt>
Other benefits (line 7j)$95,624IRS Form 990 Schedule H, Part I, <TotalOtherBenefitsGrp><NetCommunityBenefitExpnsAmt>
Total, fraction of total expense (line 7k, column f)0.0048IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><TotalExpensePct>

E-file object id 202421309349302017. The IRS archive it was read from.

Executive and director compensation, as filed

From IRS Form 990 Part VII, Section A, filed by HENRY COUNTY HEALTH CENTER INC (employer identification number 862701018) for tax year 2022. The return lists this hospital as its one hospital facility.

NameTitleRoleReportable comp, from this organizationReportable comp, from related organizationsOther compensation
CHAD HUDSONDIRECTORTrustee/director$0$0$0
DAVID FILECHAIRPERSONTrustee/director, Officer$0$0$0
DAVID MUHSCFOOfficer$191,144$0$51,408
DR DEWAYNE FRAZIERDIRECTOR (THROUGH 3/28/23)Trustee/director$0$0$0
DR JOE TANSEYDIRECTORTrustee/director$0$0$0
DR JOEL RYONDIRECTORTrustee/director$0$0$0
DR MICHAEL MCCOYDIRECTORTrustee/director$0$624,684$51,091
JEN MOUTRIEDIRECTORTrustee/director$0$0$0
MATT WENZELDIRECTOR (THROUGH 10/12/22)Trustee/director$0$1,122,540$53,171
MIKE PATTENVICE CHAIRMAN & DIRECTORTrustee/director, Officer$0$0$0
ROBB GARDNERCEO (THROUGH JULY 2022)Officer$0$553,735$72,309
SARA BETH SCHURRSECRETARY/TREASURERTrustee/director, Officer$0$0$0
TERESA COLGANCEOOfficer$0$494,596$49,949
WHITNEY ROGERSDIRECTOR & VICE CHAIRMANTrustee/director, Officer$0$0$0

E-file object id 202421309349302017. 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 161356. 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 9, 2025.