Critical access hospital · Albany, Kentucky · 25 beds · CMS certification number 181333
The Medical Center at Albany
Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended March 31, 2026, as submitted, stamped by CMS September 10, 2026. Three years on file, every one shown below. Also on the 340B covered-entity register.
Fiscal 2026 at a glance
What stands out
- Net patient revenue rose from $13.3M in its first year on file (2024) to $23.5M in 2026.
- Its result from patient care: $2.8M (2024), $2.2M (2025), $2.2M (2026).
- 4 of the 5 critical access hospital peers below with a margin on file also report a gain on patient care for fiscal year 2026.
- Medicaid paid for 5.3% of its inpatient days and Medicare for 35.3%.
- COMMONWEALTH HEALTH CORPORATION, INC. holds 100% of it, on its Medicare enrollment.
Every statement is drawn from figures on this page; nothing is estimated.
Three years of filings
Net patient revenue against operating expenses, each year as filed.
as submitted
amended
as submitted
Beside its peers
Hospitals of the same type (critical access hospital), nearest in size, from Kentucky first; each on fiscal year 2026.
| Hospital | Beds | Net patient revenue | Operating expenses | Margin |
|---|---|---|---|---|
| The Medical Center at Albany | 25 | $23,503,078 | $21,317,123 | 9.3% |
| Centerpoint Health - Versailles, Versailles | 25 | $32,411,922 | $28,668,481 | 11.6% |
| Chicot Memorial Medical Center, Lake Village (AR) | 25 | $15,205,743 | $20,279,909 | −33.4% |
| The Medical Center at Caverna, Horse Cave | 25 | $26,224,702 | $24,365,859 | 7.1% |
| The Medical Center at Franklin, Franklin | 25 | $53,436,654 | $36,668,999 | 31.4% |
| The Medical Center at Scottsville, Scottsville | 25 | $47,258,407 | $40,057,478 | 15.2% |
Patients and payers
- Discharges
- 348S-3 line 14, col 15
- Inpatient days
- 3,065S-3 line 14, col 8
- Beds in use, on an average day
- 8.4days ÷ days in year
- Occupancy
- 33.6%days ÷ bed days
- Medicare share of days
- 35.3%S-3 cols 6 ÷ 8
- Medicaid share of days
- 5.3%S-3 cols 7 ÷ 8
Who owns it
- COMMONWEALTH HEALTH CORPORATION, INC.100%
Related organizations on its own cost report: MED HEALTH, home office; TMC, hospital.
Other hospitals with the same owner: The Medical Center (KY), The Medical Center at Russellville (KY), The Medical Center at Caverna (KY), The Medical Center at Franklin (KY), The Medical Center at Scottsville (KY).
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).
Follow this hospital, free
We send this record now and tell you when it files again.
More critical access hospitals in Kentucky
From the publisher of Velarion Records
Velarion Intel
Independent Decision-Grade Intelligence
Compensation and corporate governance intelligence for advisors, investors and companies. Executive and board pay for public companies, benchmarked against peers.
Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 181333. 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 10, 2026.