Velarion Records

Critical access hospital · Benton, Kentucky · 25 beds · CMS certification number 181327

Marshall County Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS June 12, 2026. Twenty years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue
$22.1M
$22,060,793 · G-3 line 3
Operating expenses
$29.2M
$29,207,301 · G-3 line 4
Result from patient care
−$7.1M
−$7,146,508 · G-3 line 5
Margin on patient care
−32.4%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $15.0M in its first year on file (2006) to $22.1M in 2025.
  • Its result from patient care: −$4.8M (2023), −$6.5M (2024), −$7.1M (2025).
  • None of the 5 critical access hospital peers below with a margin on file reports a loss on patient care for fiscal year 2025.
  • Medicaid paid for 1.8% of its inpatient days and Medicare for 50.6%.

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

Twenty years of filings

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

Net patient revenueOperating expenses
2006
settled
$15.0M
$15.2M
2007
reopened
$14.2M
$14.7M
2008
settled
$15.4M
$16.1M
2009
reopened
$19.0M
$20.2M
2010
reopened
$19.8M
$21.6M
2011
reopened
$18.6M
$21.8M
2012
reopened
$18.5M
$21.2M
2013
reopened
$19.2M
$21.0M
2014
reopened
$19.6M
$20.2M
2015
settled
$18.6M
$20.3M
2016
settled
$18.6M
$21.5M
2017
settled
$17.7M
$21.9M
2018
settled
$17.7M
$22.5M
2019
reopened
$17.1M
$22.4M
2020
settled
$17.2M
$22.9M
2021
reopened
$20.8M
$24.2M
2022
settled
$18.0M
$25.8M
2023
settled
$21.4M
$26.2M
2024
settled
$21.4M
$28.0M
2025
as submitted
$22.1M
$29.2M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
Marshall County Hospital25$22,060,793$29,207,301−32.4%
Deaconess Union County Hospital, Morganfield25$36,657,440$23,172,56736.8%
The James B Haggin Memorial Hospital, Harrodsburg25$47,494,362$36,848,54422.4%
Mercy Health-Marcum and Wallace Hospital, Irvine25$30,288,351$29,817,9041.6%
Arh Our Lady of the Way, Martin25$25,736,171$23,709,3387.9%
Trigg County Hospital, Cadiz25$28,563,920$26,952,9835.6%

Patients and payers

Discharges
426
S-3 line 14, col 15
Inpatient days
1,420
S-3 line 14, col 8
Beds in use, on an average day
3.9
days ÷ days in year
Occupancy
15.6%
days ÷ bed days
Medicare share of days
50.6%
S-3 cols 6 ÷ 8
Medicaid share of days
1.8%
S-3 cols 7 ÷ 8

Who owns it

Type of control on its cost report: governmental, county.

Community benefit, as filed

From IRS Form 990 Schedule H, Part I, filed by MARSHALL COUNTY HOSPITAL DISTRICT (employer identification number 610601267) 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)$26,224IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><NetCommunityBenefitExpnsAmt>
Financial assistance at cost (line 7a)$25,224IRS 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)$25,224IRS Form 990 Schedule H, Part I, <TotalFinancialAssistanceTyp><NetCommunityBenefitExpnsAmt>
Other benefits (line 7j)$1,000IRS Form 990 Schedule H, Part I, <TotalOtherBenefitsGrp><NetCommunityBenefitExpnsAmt>
Total, fraction of total expense (line 7k, column f)0.0009IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><TotalExpensePct>

E-file object id 202403199349303340. The IRS archive it was read from.

Executive and director compensation, as filed

From IRS Form 990 Part VII, Section A, filed by MARSHALL COUNTY HOSPITAL DISTRICT (employer identification number 610601267) for tax year 2023. The return lists this hospital as its one hospital facility.

NameTitleRoleReportable comp, from this organizationReportable comp, from related organizationsOther compensation
BENNIE M FULBRIGHTPHYSICIANHighest-compensated employee$330,567$0$19,781
BLAKE WISEMANSECRETARYTrustee/director$0$0$0
CHRISTINA M BROWNPHYSICIANHighest-compensated employee$236,335$0$14,399
DAVID G FUQUACEOOfficer$268,267$0$37,894
DIANE KOLENICHARPN, FNPHighest-compensated employee$132,521$0$31,118
JANICE KELLEYCFOOfficer$145,057$0$12,075
JEFF SMITHCHAIRMANTrustee/director$0$0$0
JERRY SELLSDIRECTORTrustee/director$0$0$0
JULIA T LYLESPHYSICIANHighest-compensated employee$245,225$0$44,138
KRISTI CHERRYPHARMACY DIRECTORHighest-compensated employee$118,909$0$20,609
LAUREN MANNDIRECTORTrustee/director$0$0$0
PAMELA SIRLSTREASURERTrustee/director$0$0$0

E-file object id 202403199349303340. 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 181327. 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 12, 2026.