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Critical access hospital · Cherokee, Iowa · 25 beds · CMS certification number 161362

Cherokee Regional Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS May 14, 2026. 21 years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue
$57.8M
$57,754,340 · G-3 line 3
Operating expenses
$60.8M
$60,762,002 · G-3 line 4
Result from patient care
−$3.0M
−$3,007,662 · G-3 line 5
Margin on patient care
−5.2%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $20.4M in its first year on file (2005) to $57.8M in 2025.
  • Its result from patient care: −$4.6M (2023), −$5.9M (2024), −$3.0M (2025).
  • 2 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 11.2% of its inpatient days and Medicare for 50.8%.

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

21 years of filings

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

Net patient revenueOperating expenses
2005
settled with audit
$20.4M
$20.3M
2006
settled
$16.2M
$16.5M
2007
settled
$18.2M
$17.8M
2008
settled
$18.3M
$18.8M
2009
settled
$19.2M
$19.3M
2010
settled
not filed
not filed
2011
settled
$22.1M
$22.7M
2012
settled
$23.0M
$23.3M
2013
settled
$23.4M
$24.7M
2014
reopened
$23.8M
$25.7M
2015
settled
$26.9M
$28.0M
2016
reopened
$28.0M
$28.4M
2017
settled
$28.6M
$29.8M
2018
settled
$30.1M
$32.1M
2019
settled
$32.1M
$34.5M
2020
settled
$39.1M
$40.4M
2021
settled
$43.6M
$44.1M
2022
settled
$45.8M
$49.0M
2023
settled
$49.0M
$53.6M
2024
settled
$51.0M
$56.9M
2025
as submitted
$57.8M
$60.8M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
Cherokee Regional Medical Center25$57,754,340$60,762,002−5.2%
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
434
S-3 line 14, col 15
Inpatient days
1,601
S-3 line 14, col 8
Beds in use, on an average day
4.4
days ÷ days in year
Occupancy
28.3%
days ÷ bed days
Medicare share of days
50.8%
S-3 cols 6 ÷ 8
Medicaid share of days
11.2%
S-3 cols 7 ÷ 8

Who owns it

Related organizations on its own cost report: ST LUKES REGION, home office.

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

Community benefit, as filed

From IRS Form 990 Schedule H, Part I, filed by SIOUX VALLEY MEMORIAL HOSPITAL (employer identification number 420707096) 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)$431,765IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><NetCommunityBenefitExpnsAmt>
Financial assistance at cost (line 7a)$133,112IRS Form 990 Schedule H, Part I, <FinancialAssistanceAtCostTyp><NetCommunityBenefitExpnsAmt>
Financial assistance and means-tested government programs (line 7d)$133,112IRS Form 990 Schedule H, Part I, <TotalFinancialAssistanceTyp><NetCommunityBenefitExpnsAmt>
Other benefits (line 7j)$298,653IRS Form 990 Schedule H, Part I, <TotalOtherBenefitsGrp><NetCommunityBenefitExpnsAmt>
Total, fraction of total expense (line 7k, column f)0.0087IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><TotalExpensePct>

E-file object id 202433209349304368. The IRS archive it was read from.

Executive and director compensation, as filed

From IRS Form 990 Part VII, Section A, filed by SIOUX VALLEY MEMORIAL HOSPITAL (employer identification number 420707096) for tax year 2023. The return lists this hospital as its one hospital facility.

NameTitleRoleReportable comp, from this organizationReportable comp, from related organizationsOther compensation
BRANDON HENKEVICE-CHAIRPERSONTrustee/director, Officer$0$0$0
CLAY LEAVITTCHAIRPERSONTrustee/director, Officer$0$0$0
DR JOHN GREAVESDPMHighest-compensated employee$466,683$0$39,608
DR NICHOLAS LOUGHLINDOHighest-compensated employee$650,046$0$37,374
DR PATRICIA HARRISONMDHighest-compensated employee$424,348$0$17,346
DR SCOTT MURRAYMDHighest-compensated employee$531,749$0$34,652
DR SEAN NELSONMDHighest-compensated employee$519,035$0$39,336
GARY JORDANCEOOfficer$0$360,661$39,943
KELLEN LUDVIGSONSECRETARY/TREASURERTrustee/director, Officer$0$0$0
KERRY HURDDIRECTORTrustee/director$0$0$0
LES TODDDIRECTORTrustee/director$0$0$0
SARAH COOKDIRECTORTrustee/director$0$0$0
SHEILA TRAPPDIRECTORTrustee/director$0$0$0
TYLER GERSTANDTCFOOfficer$149,636$0$20,030

E-file object id 202433209349304368. 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 161362. 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 May 14, 2026.