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Short-term acute care hospital · Ashland, Kentucky · 367 beds · CMS certification number 180009

Kings Daughters Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2025, amended, stamped by CMS March 2, 2026. 30 years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue
$647.7M
$647,719,403 · G-3 line 3
Operating expenses
$826.9M
$826,902,913 · G-3 line 4
Result from patient care
−$179.2M
−$179,183,510 · G-3 line 5
Margin on patient care
−27.7%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $131.3M in its first year on file (1996) to $647.7M in 2025.
  • Its result from patient care: −$147.6M (2023), −$100.1M (2024), −$179.2M (2025).
  • 3 of the 5 short-term acute care hospital peers below with a margin on file also report a loss on patient care for fiscal year 2025.
  • Medicaid paid for 1.3% of its inpatient days and Medicare for 23.5%.
  • BEYOND BLUE CORPORATION holds 100% of it, on its Medicare enrollment.

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

30 years of filings

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

Net patient revenueOperating expenses
1996
reopened
$131.3M
$119.6M
1997
reopened
$138.4M
$129.0M
1998
reopened
$149.2M
$143.4M
1999
reopened
$158.7M
$156.9M
2000
reopened
$177.8M
$170.2M
2001
settled
$198.8M
$194.6M
2002
reopened
$218.6M
$212.1M
2003
reopened
$239.6M
$234.6M
2004
reopened
$293.1M
$278.2M
2005
reopened
$317.4M
$308.8M
2006
reopened
$366.1M
$348.8M
2007
reopened
$408.1M
$401.0M
2008
reopened
$458.1M
$442.5M
2009
reopened
$512.0M
$493.0M
2010
reopened
$545.9M
$532.7M
2011
reopened
$526.3M
$515.0M
2012
reopened
$530.9M
$517.8M
2013
reopened
$394.1M
$421.3M
2014
settled with audit
$368.5M
$406.1M
2015
reopened
$360.3M
$373.0M
2016
settled
$362.3M
$376.6M
2017
settled
$371.8M
$399.7M
2018
settled
$378.4M
$394.6M
2019
settled with audit
$390.6M
$404.4M
2020
settled
$422.9M
$433.7M
2021
settled
$538.9M
$572.3M
2022
settled
$542.4M
$653.4M
2023
settled
$577.5M
$725.2M
2024
as submitted
$477.1M
$577.2M
2025
amended
$647.7M
$826.9M

Beside its peers

Short-term acute care hospitals in Kentucky with 200 to 399 beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Kings Daughters Medical Center367$647,719,403$826,902,913−27.7%
Baptist Health Hardin, Elizabethtown271$536,887,081$549,812,412−2.4%
Owensboro Health Regional Hospital, Owensboro302$756,893,722$643,802,29914.9%
Pikeville Medical Center, Pikeville328$713,920,826$776,920,561−8.8%
The Medical Center, Bowling Green346$576,907,366$542,567,4035.9%
University of Louisville Hospital, Louisville333$966,980,206$970,333,032−0.4%

Patients and payers

Discharges
18,444
S-3 line 14, col 15
Inpatient days
78,909
S-3 line 14, col 8
Beds in use, on an average day
216.8
days ÷ days in year
Occupancy
58.9%
days ÷ bed days
Medicare share of days
23.5%
S-3 cols 6 ÷ 8
Medicaid share of days
1.3%
S-3 cols 7 ÷ 8

Who owns it

  • BEYOND BLUE CORPORATION100%
  • ROYAL BLUE HEALTH, LLC100%
  • UNIVERSITY OF KENTUCKY100%

Related organizations on its own cost report: KDMC (100%), hospital.

Other hospitals with the same owner: University of Kentucky (KY), Eastern State Hospital (KY), Kings Daughters Medical Center - Ohio (OH).

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 ASHLAND HOSPITAL CORPORATION (employer identification number 610444716) 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)$19,225,180IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><NetCommunityBenefitExpnsAmt>
Financial assistance at cost (line 7a)$3,622,450IRS Form 990 Schedule H, Part I, <FinancialAssistanceAtCostTyp><NetCommunityBenefitExpnsAmt>
Medicaid (line 7b)$0IRS Form 990 Schedule H, Part I, <UnreimbursedMedicaidGrp><NetCommunityBenefitExpnsAmt>
Financial assistance and means-tested government programs (line 7d)$3,622,450IRS Form 990 Schedule H, Part I, <TotalFinancialAssistanceTyp><NetCommunityBenefitExpnsAmt>
Other benefits (line 7j)$15,602,730IRS Form 990 Schedule H, Part I, <TotalOtherBenefitsGrp><NetCommunityBenefitExpnsAmt>
Total, fraction of total expense (line 7k, column f)0.0355IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><TotalExpensePct>

E-file object id 202431369349303168. The IRS archive it was read from.

Executive and director compensation, as filed

From IRS Form 990 Part VII, Section A, filed by ASHLAND HOSPITAL CORPORATION (employer identification number 610444716) for tax year 2022. The return lists this hospital as its one hospital facility.

NameTitleRoleReportable comp, from this organizationReportable comp, from related organizationsOther compensation
AMY SAUNDERSASSISTANT SECRETARY (BEG. 12/1/22)Officer$227,968$0$12,371
AUTUMN MCFANNTREASURER, SR. VP/CFO/CAOOfficer$1,897,128$0$131,808
BRANDI COLLINS DOPHYSICIANHighest-compensated employee$403,104$0$14,781
CHARBEL SALEM MDVP/CHIEF POPULATION HEALTH OFF., KHF MEDICAL DIR.Key employee$0$782,130$94,176
CHARLES CONLEY DOPHYSICIAN, KML MEDICAL DIRECTORHighest-compensated employee$480,661$109,765$38,366
CRAIG COLLINSDIRECTORTrustee/director$0$0$0
CURTIS METZLERCNO/VP PATIENT CARE SERVICESKey employee$364,229$0$74,082
DAVID JONESBOARD CHAIRMANTrustee/director, Officer$0$0$0
DR MARK NEWMANBOARD VICE-CHAIRMAN (UNTIL 12/31/22)Trustee/director, Officer$0$0$0
ERIC MONDAYDIRECTORTrustee/director$0$0$0
EVAN CONDEE DOPHYSICIANHighest-compensated employee$519,405$4,920$23,486
GINA DUGASDIRECTORTrustee/director$0$0$0
JAMES DETHERAGE MDVP/CMO OUTPATIENT INTEGRATED PRACTICESKey employee$0$602,565$96,266
JANE STRADER MDPHYSICIAN, ANHC MEDICAL DIRECTORHighest-compensated employee$403,333$0$45,660
JASON FORD MDPHYSICIANHighest-compensated employee$565,748$0$43,035
JOHN STEWARTDIRECTORTrustee/director$0$0$0
KRISTIE WHITLATCHPRESIDENT/CEO (10/1/22-12/31/22)Officer$0$0$0
MARK BIRDWHISTELLDIRECTORTrustee/director$0$0$0
PENNY COXDIRECTORTrustee/director$0$0$0
RICHARD FORD MDVP/CMO INPATIENT & PROCEDURAL SVCS.Key employee$0$678,202$74,342
ROBERT DIPAOLADIRECTORTrustee/director$0$0$0
RYAN ISONVP INTEGRATED PRACTICESKey employee$364,206$0$94,607
SARA MARKSPRESIDENT/CEO (BEG. 1/1/23)Officer$1,844,834$0$142,949
SHERYL MAHANEYSECRETARY, VP/CHIEF LEGAL OFFICEROfficer$1,518,132$0$8,395
STACY CAUDILL MDVP/CHIEF INPATIENT CLINICAL OFFICERKey employee$0$443,891$82,202
STACY PATRICKVP CLINICAL & PROCEDURAL OPS.Key employee$375,110$0$81,893
STEPHEN ADDINGTONDIRECTORTrustee/director$0$0$0
STEVEN CLIFTONSECRETARY (BEG. 12/1/22)Officer$0$0$0
TOM BURNETTEDIRECTORTrustee/director$0$0$0

E-file object id 202431369349303168. 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 180009. 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 March 2, 2026.