Velarion Records

Critical access hospital · Morris, Minnesota · 25 beds · CMS certification number 241363

Stevens Community Medical Center

Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS June 23, 2026. 21 years on file, all shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue $53.6M $53,643,712 · G-3 line 3
Operating expenses $54.9M $54,858,843 · G-3 line 4
Result from patient care −$1.2M −$1,215,131 · G-3 line 5
Margin on patient care −2.3% line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $31.7M in its first year on file (2005) to $53.6M in 2025.
  • Its result from patient care: $4.1M (2023), $1.5M (2024), −$1.2M (2025).
  • 4 of the 5 critical access hospital peers below with a margin on file also report a loss on patient care for fiscal year 2025.
  • Medicaid paid for 1.2% of its inpatient days and Medicare for 46.8%.

How these statements are drawn

21 years of filings

Net patient revenueOperating expenses

2005 settled with audit margin 9.3% $31.7M $28.8M

2006 reopened margin 11.2% $32.3M $28.7M

2007 reopened margin 10.3% $34.7M $31.1M

2008 reopened margin 9.6% $35.4M $32.0M

2009 reopened margin 6.5% $36.6M $34.2M

2010 reopened margin 4.4% $37.0M $35.3M

2011 settled margin 2.3% $37.4M $36.5M

2012 settled with audit margin 3.2% $37.7M $36.5M

2013 settled margin 7.5% $38.0M $35.2M

2014 settled margin 9.9% $38.3M $34.5M

2015 settled with audit margin 10.3% $38.2M $34.2M

2016 settled margin 3.6% $38.4M $37.0M

2017 settled margin 3.1% $39.6M $38.3M

2018 settled margin −1.7% $38.7M $39.3M

2019 settled margin 1.7% $38.1M $37.4M

2020 settled margin −4.5% $39.6M $41.3M

2021 settled margin 2.5% $47.3M $46.1M

2022 settled margin 7.9% $49.8M $45.9M

2023 settled margin 7.9% $52.0M $47.8M

2024 settled margin 2.9% $52.2M $50.7M

2025 as submitted margin −2.3% $53.6M $54.9M

Beside its peers

Critical access hospitals in Minnesota with 25 to 49 beds, fiscal year 2025.

Hospital Beds Net patient revenue Operating expenses Margin

Stevens Community Medical Center 25 $53,643,712 $54,858,843 −2.3%

CCM Health, Montevideo 25 $72,369,462 $75,837,744 −4.8%

Lakewood Health System, Staples 25 $153,924,280 $170,270,412 −10.6%

Madelia Health, Madelia 25 $23,038,187 $24,835,605 −7.8%

Riverwood Health Care Center, Aitkin 25 $99,605,141 $120,986,513 −21.5%

Sanford Bagley Medical Center, Bagley 25 $15,624,155 $14,799,767 5.3%

Patients and payers

  • Discharges 273 S-3 line 14, col 15
  • Inpatient days 933 S-3 line 14, col 8
  • Beds in use, on an average day 2.6 days ÷ days in year
  • Occupancy 10.2% days ÷ bed days
  • Medicare share of days 46.8% S-3 cols 6 ÷ 8
  • Medicaid share of days 1.2% S-3 cols 7 ÷ 8

Who owns it

Related organizations on its own cost report: CMDI (0%), imaging.

Control: voluntary nonprofit, other.

Community benefit, as filed

From IRS Form 990 Schedule H, Part I, filed by Stevens Community Medical Center (employer identification number 363311936) 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)$1,982,432IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><NetCommunityBenefitExpnsAmt>
Financial assistance at cost (line 7a)$449,200IRS Form 990 Schedule H, Part I, <FinancialAssistanceAtCostTyp><NetCommunityBenefitExpnsAmt>
Medicaid (line 7b)$1,355,081IRS Form 990 Schedule H, Part I, <UnreimbursedMedicaidGrp><NetCommunityBenefitExpnsAmt>
Financial assistance and means-tested government programs (line 7d)$1,804,281IRS Form 990 Schedule H, Part I, <TotalFinancialAssistanceTyp><NetCommunityBenefitExpnsAmt>
Other benefits (line 7j)$178,151IRS Form 990 Schedule H, Part I, <TotalOtherBenefitsGrp><NetCommunityBenefitExpnsAmt>
Total, fraction of total expense (line 7k, column f)0.0423IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><TotalExpensePct>

E-file object id 202442689349301319. The IRS archive it was read from.

Executive and director compensation, as filed

From IRS Form 990 Part VII, Section A, filed by Stevens Community Medical Center (employer identification number 363311936) for tax year 2023. The return lists this hospital as its one hospital facility.

NameTitleRoleReportable comp, from this organizationReportable comp, from related organizationsOther compensation
Bart FinzelVice ChairTrustee/director, Officer$420$0$0
Brent Barnstuble MDPhysicianHighest-compensated employee$379,524$0$61,432
Darryl LarsonDirectorTrustee/director$450$0$0
David PaulChairTrustee/director, Officer$560$0$0
Elizabeth Meichsner MDDirector/PhysicianTrustee/director$378,510$0$69,798
Eric LarsonCRNAHighest-compensated employee$421,058$0$57,307
Jan HagenTreasurerTrustee/director, Officer$660$0$0
Jason Hughes MDPhysicianHighest-compensated employee$373,495$0$32,204
Jason Huikko MDDirector/PhysicianTrustee/director$351,494$0$32,204
Jeffery LewisDirector of Finance (Until Mar)Officer$31,726$0$33
Jodi DeCampDirectorTrustee/director$450$0$0
Kerrie McEvillyPresident/CEOTrustee/director, Officer$370,164$0$55,239
Paul MartinDirectorTrustee/director$400$0$0
Rachel JohnsonDirectorTrustee/director$400$0$0
Sarah TahtinenCFO (As of July 23)Officer$99,187$0$0
Somkiat Viratyosin MDSurgeonHighest-compensated employee$466,422$0$52,256
Timothy Jay MDOrthopedic SurgeonHighest-compensated employee$719,627$0$51,146
Toby Christie-Perkins DODirector/PhysicianTrustee/director$305,976$0$59,930
Ward VorheesSecretaryTrustee/director, Officer$540$0$0

E-file object id 202442689349301319. The IRS archive it was read from.

Follow Stevens Community Medical Center, free

More critical access hospitals in Minnesota

File HOSP10FY2025.ZIP, form CMS-2552-10, CMS certification number 241363.

How this page was built: the CMS Medicare cost report, file HOSP10FY2025.ZIP, read June 23, 2026.

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