Velarion Records

Short-term acute care hospital · Louisa, Kentucky · 65 beds · CMS certification number 180128

Three Rivers Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended March 31, 2026, as submitted, stamped by CMS September 22, 2026. 30 years on file, every one shown below.

Fiscal 2026 at a glance

Net patient revenue
$53.3M
$53,278,436 · G-3 line 3
Operating expenses
$44.6M
$44,568,671 · G-3 line 4
Result from patient care
$8.7M
$8,709,765 · G-3 line 5
Margin on patient care
16.4%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $14.1M in its first year on file (1997) to $53.3M in 2026.
  • Its result from patient care: $7.2M (2024), $9.2M (2025), $8.7M (2026).
  • 3 of the 5 short-term acute care hospital peers below with a margin on file also report a gain on patient care for fiscal year 2026.
  • Medicaid paid for 2.3% of its inpatient days and Medicare for 21.4%.
  • GOLDENTREE DISTRESSED ONSHORE MASTER FUND III LP 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
1997
reopened
$14.1M
$13.9M
1998
reopened
$15.4M
$15.1M
1999
reopened
$18.4M
$17.4M
2000
reopened
not filed
$20.2M
2001
reopened
$24.7M
$24.0M
2002
reopened
$27.3M
$21.7M
2003
settled
$28.1M
$22.3M
2004
reopened
$32.2M
$28.4M
2005
settled with audit
$31.5M
$28.6M
2006
settled
$35.5M
$29.6M
2007
reopened
$37.6M
$33.7M
2008
settled with audit
$38.6M
$34.8M
2009
settled
$39.9M
$36.7M
2010
settled
$38.8M
$37.4M
2011
reopened
$38.5M
$36.0M
2012
settled
$41.0M
$43.3M
2013
settled
$44.6M
$47.8M
2014
reopened
$40.3M
$44.4M
2015
reopened
$44.5M
$44.5M
2016
settled
$39.1M
$38.6M
2017
settled
$37.8M
$32.8M
2018
reopened
$40.3M
$34.7M
2019
settled
$39.9M
$35.0M
2020
settled
$39.0M
$33.4M
2021
settled
$41.0M
$35.3M
2022
settled
$49.6M
$42.0M
2023
settled
$43.0M
$39.5M
2024
settled
$48.5M
$41.3M
2025
as submitted
$53.8M
$44.6M
2026
as submitted
$53.3M
$44.6M

Beside its peers

Hospitals of the same type (short-term acute care hospital), nearest in size, from Kentucky first; each on fiscal year 2026.

HospitalBedsNet patient revenueOperating expensesMargin
Three Rivers Medical Center65$53,278,436$44,568,67116.4%
Centerpoint Health - Georgetown, Georgetown75$170,323,822$143,622,56915.7%
Jackson Purchase Medical Center, Mayfield89$113,349,121$107,593,9245.1%
Monroe County Medical Center, Tompkinsville49$19,804,630$23,705,183−19.7%
The Medical Center, Bowling Green346$619,688,796$602,202,1392.8%
The Medical Center at Russellville, Russellville31$28,835,218$31,979,466−10.9%

Patients and payers

Discharges
864
S-3 line 14, col 15
Inpatient days
3,003
S-3 line 14, col 8
Beds in use, on an average day
8.3
days ÷ days in year
Occupancy
12.7%
days ÷ bed days
Medicare share of days
21.4%
S-3 cols 6 ÷ 8
Medicaid share of days
2.3%
S-3 cols 7 ÷ 8

Who owns it

  • GOLDENTREE DISTRESSED ONSHORE MASTER FUND III LP100%
  • QUINCY HEALTH LLC100%
  • QUORUM HEALTH CORPORATION100%
  • GOLDENTREE SELECT OFFSHORE INTERMEDIATE FUND LP82%
  • GTAM ONSHORE BLOCKER 2 LLC19%
  • GOLDENTREE DISTRESSED MASTER FUND III LTD11%

Related organizations on its own cost report: QUORUM HEALTH C (100%), home office.

Other hospitals with the same owner: Forrest City Medical Center (AR), Barstow Community Hospital (CA), Kentucky River Medical Center (KY), Mesa View Regional Hospital (NV), Mimbres Valley Medical Center (NM).

Type of control on its cost report: proprietary, corporation.

Owners of 5% or more, from CMS’s hospital ownership file (Medicare enrollment, October 1, 2026).

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 180128. 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 HOSP10FY2025.ZIP, read September 22, 2026.