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Critical access hospital · Iron River, Michigan · 25 beds · CMS certification number 231318

Aspirus Iron River Hospital & Clinics

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2025, amended, stamped by CMS June 9, 2026. 22 years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue
$40.3M
$40,300,050 · G-3 line 3
Operating expenses
$40.0M
$40,010,854 · G-3 line 4
Result from patient care
$289K
$289,196 · G-3 line 5
Margin on patient care
0.7%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $10.1M in its first year on file (2004) to $40.3M in 2025.
  • Its result from patient care: −$4.2M (2023), −$2.4M (2024), $289K (2025).
  • None of the 5 critical access hospital peers below with a margin on file reports a gain on patient care for fiscal year 2025.
  • Medicaid paid for 0.9% of its inpatient days and Medicare for 46.2%.
  • ASPIRUS, INC holds 100% of it, on its Medicare enrollment.

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

22 years of filings

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

Net patient revenueOperating expenses
2004
reopened
$10.1M
$9.9M
2005
settled with audit
$22.9M
$21.9M
2006
reopened
$26.5M
$25.7M
2007
reopened
$27.8M
$27.1M
2008
settled
$27.3M
$28.5M
2009
settled
$31.4M
$32.8M
2010
settled with audit
$32.7M
$36.2M
2011
settled
$36.0M
$37.9M
2012
settled
$34.8M
$38.6M
2013
settled
$32.8M
$37.5M
2014
settled
$32.3M
$36.4M
2015
reopened
$16.7M
$18.1M
2016
settled with audit
$36.6M
$40.8M
2017
settled
$37.7M
$41.3M
2018
settled with audit
$38.2M
$42.8M
2019
settled
$35.1M
$39.9M
2020
settled
$32.1M
$37.4M
2021
settled
$31.5M
$34.7M
2022
reopened
$34.6M
$37.2M
2023
settled
$34.5M
$38.7M
2024
settled
$36.8M
$39.2M
2025
amended
$40.3M
$40.0M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
Aspirus Iron River Hospital & Clinics25$40,300,050$40,010,8540.7%
Beacon Dowagiac, Dowagiac25$15,926,668$17,898,575−12.4%
Helen Newberry Joy Hospital & Healthcare Center, Newberry25$39,937,840$43,005,038−7.7%
McKenzie Health System, Sandusy25$32,931,672$34,391,995−4.4%
Mymichigan Medical Center Standish, Standish25$25,898,893$26,537,237−2.5%
Scheurer Health - Pigeon, Pigeon25$67,021,252$73,901,821−10.3%

Patients and payers

Discharges
359
S-3 line 14, col 15
Inpatient days
1,852
S-3 line 14, col 8
Beds in use, on an average day
5.1
days ÷ days in year
Occupancy
20.3%
days ÷ bed days
Medicare share of days
46.2%
S-3 cols 6 ÷ 8
Medicaid share of days
0.9%
S-3 cols 7 ÷ 8

Who owns it

  • ASPIRUS, INC100%

Related organizations on its own cost report: ASPIRUS INC. (100%), home office.

Other hospitals with the same owner: Aspirus Keweenaw Hospital (MI), Aspirus Ironwood Hospital (MI), Aspirus St. Lukes Hospital (MN), Aspirus Lake View Hospital (MN), Aspirus Stevens Point Hospital & Clinics (WI), Aspirus Rhinelander Hospital (WI), Aspirus Wausau Hospital (WI).

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 ASPIRUS IRON RIVER HOSPITAL & CLINICS (employer identification number 383236977) 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)$2,756,424IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><NetCommunityBenefitExpnsAmt>
Financial assistance at cost (line 7a)$209,067IRS Form 990 Schedule H, Part I, <FinancialAssistanceAtCostTyp><NetCommunityBenefitExpnsAmt>
Medicaid (line 7b)$2,104,644IRS Form 990 Schedule H, Part I, <UnreimbursedMedicaidGrp><NetCommunityBenefitExpnsAmt>
Financial assistance and means-tested government programs (line 7d)$2,313,711IRS Form 990 Schedule H, Part I, <TotalFinancialAssistanceTyp><NetCommunityBenefitExpnsAmt>
Other benefits (line 7j)$442,713IRS Form 990 Schedule H, Part I, <TotalOtherBenefitsGrp><NetCommunityBenefitExpnsAmt>
Total, fraction of total expense (line 7k, column f)0.0685IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><TotalExpensePct>

E-file object id 202401369349304180. The IRS archive it was read from.

Executive and director compensation, as filed

From IRS Form 990 Part VII, Section A, filed by ASPIRUS IRON RIVER HOSPITAL &amp; CLINICS (employer identification number 383236977) for tax year 2022. The return lists this hospital as its one hospital facility.

NameTitleRoleReportable comp, from this organizationReportable comp, from related organizationsOther compensation
ALBERT PENNEYPHYSICIANHighest-compensated employee$0$464,558$23,691
ANDREW COSTICVP-FINANCE UP REGIONKey employee$0$272,701$24,274
CHRISTINE HARFF(NV) PRESIDENT - REGIONAL UPOfficer$0$459,422$103,257
CONSTANCE BRADLEYSVP-SYSTEM CHIEF NURSING EXECUTIVEKey employee$0$502,032$95,550
CRYSTAL KIRSCHLINGVP-REGIONAL INTEGRATION OFFICERKey employee$0$348,443$48,718
DANIEL J LUKES DOBOARD MEMBER/PHYSICIANTrustee/director$0$802,805$46,236
DEBRA BALLSVP & CHIEF HR OFFICERKey employee$0$458,839$103,553
DONALD PATTONPHYSICIANHighest-compensated employee$0$244,072$34,295
ERIC ANDERSONSVP-SERVICE LINE & PATIENT EXP.Key employee$0$519,926$106,843
JAMES MATHESONSVP-CHIEF STRATEGY OFFICERKey employee$0$539,401$110,893
JAMES R RICHARDSONBOARD MEMBERTrustee/director$0$0$0
JENNIFER REDMAN-SCHELLVICE CHAIR/SVP & PRESIDENT-AMGTrustee/director, Officer$0$641,148$101,726
JESSE TISCHERBOARD MEMBER/SVP & PRES. REG. MKTSTrustee/director$0$781,575$128,595
JOHN D MATONICHCHAIRTrustee/director, Officer$0$0$0
JOHN PIETILABOARD MEMBER/RADIOLOGISTTrustee/director$0$876,739$57,266
JONATHAN N BRUEGGEMANBOARD MEMBER/CMO-UP REGIONTrustee/director$0$450,639$55,802
KATIE CLARKSECRETARYTrustee/director, Officer$0$0$0
KIRK R SCHOTTBOARD MEMBER/PHYSICIANTrustee/director$0$0$0
KRISTEN D MESKE NP-CBOARD MEMBER/NURSE PRACTITIONERTrustee/director$136,910$0$5,756
MARGUERITE HALEVP-REG. PATIENT CARE & CNOKey employee$0$259,724$13,384
MATTHEW HEYWOODPRESIDENT & CEO ASPIRUSOfficer$0$1,799,938$311,110
MEDHAT FANOUSPHYSICIANHighest-compensated employee$0$687,874$40,148
MICHAEL HOLZHUETERSVP-GENERAL COUNSELKey employee$0$672,916$123,676
PATRICK TINCHER JRBOARD MEMBER/VP FINANCE REGIONAL OPS.Trustee/director$0$336,475$56,521
RICHARD J KOUBEK PHDBOARD MEMBERTrustee/director$0$0$0
ROBIN MENEZUGGOBOARD MEMBERTrustee/director$0$0$0
SCOTT REMMICHVP-CHIEF COMPLIANCE OFFICERKey employee$0$304,493$45,336
SHIRIN SULTANAPHYSICIANHighest-compensated employee$0$316,688$56,910
SIDNEY SCZYGELSKISR. VP OF FINANCE/CFOOfficer$0$1,911,464$144,118
STEVEN TINTITREASURERTrustee/director, Officer$0$0$0
TAKI RIDAPHYSICIANHighest-compensated employee$0$360,772$49,298
TODD RICHARDSONSVP & CHIEF INFO. OFF. (THRU 06/23)Key employee$0$534,868$104,438
WILLIAM CARROLLVP-INFORMATION TECHNOLOGYKey employee$0$321,116$49,427

E-file object id 202401369349304180. 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 231318. 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 June 9, 2026.