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Short-term acute care hospital · Joplin, Missouri · 348 beds · CMS certification number 260137

Freeman Health System

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended March 31, 2026, as submitted, stamped by CMS September 18, 2026. 30 years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2026 at a glance

Net patient revenue
$672.3M
$672,270,247 · G-3 line 3
Operating expenses
$682.8M
$682,786,809 · G-3 line 4
Result from patient care
−$10.5M
−$10,516,562 · G-3 line 5
Margin on patient care
−1.6%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $127.6M in its first year on file (1997) to $672.3M in 2026.
  • Its result from patient care: −$6.9M (2024), −$17.7M (2025), −$10.5M (2026).
  • 2 of the 5 short-term acute care hospital peers below with a margin on file also report a loss on patient care for fiscal year 2026.
  • Medicaid paid for 5.4% of its inpatient days and Medicare for 24.9%.

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
settled with audit
$127.6M
$128.4M
1998
reopened
$138.8M
$140.6M
1999
reopened
$159.6M
$159.9M
2000
reopened
$177.0M
$176.9M
2001
settled
$194.4M
$191.9M
2002
settled with audit
$215.2M
$212.3M
2003
reopened
$244.0M
$242.9M
2004
reopened
$266.3M
$268.0M
2005
settled with audit
$294.3M
$295.9M
2006
settled with audit
$336.4M
$340.4M
2007
reopened
$356.8M
$367.7M
2008
reopened
$380.5M
$390.4M
2009
reopened
$394.2M
$409.9M
2010
reopened
$382.0M
$394.1M
2011
reopened
$355.0M
$376.5M
2012
reopened
$394.7M
$406.8M
2013
reopened
$408.4M
$438.1M
2014
reopened
$412.1M
$439.1M
2015
reopened
$439.3M
$441.7M
2016
reopened
$463.4M
$463.3M
2017
reopened
$469.9M
$477.3M
2018
settled with audit
$480.8M
$485.9M
2019
reopened
$500.9M
$511.5M
2020
settled with audit
$525.1M
$536.2M
2021
settled
$527.7M
$508.8M
2022
settled
$582.2M
$545.2M
2023
settled with audit
$587.5M
$570.0M
2024
as submitted
$591.2M
$598.1M
2025
as submitted
$613.8M
$631.4M
2026
as submitted
$672.3M
$682.8M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
Freeman Health System348$672,270,247$682,786,809−1.6%
Centerpoint Medical Center, Independence265$457,778,729$356,486,03922.1%
Decatur Morgan Hospital - Decatur Campus, Decatur (AL)331$220,119,683$249,866,451−13.5%
Golden Valley Memorial Hospital, Clinton43$172,610,208$194,024,396−12.4%
HCA Florida Oak Hill Hospital, Spring Hill (FL)350$407,987,548$227,886,51944.1%
The Medical Center, Bowling Green (KY)346$619,688,796$602,202,1392.8%

Patients and payers

Discharges
15,338
S-3 line 14, col 15
Inpatient days
77,814
S-3 line 14, col 8
Beds in use, on an average day
213.8
days ÷ days in year
Occupancy
61.3%
days ÷ bed days
Medicare share of days
24.9%
S-3 cols 6 ÷ 8
Medicaid share of days
5.4%
S-3 cols 7 ÷ 8

Who owns it

Related organizations on its own cost report: FREEMAN H SYST (100%), hospital.

Type of control on its cost report: voluntary nonprofit, other.

Community benefit, as filed

From IRS Form 990 Schedule H, Part I, filed by FREEMAN HEALTH SYSTEM (employer identification number 431704371) 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)$46,666,548IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><NetCommunityBenefitExpnsAmt>
Financial assistance at cost (line 7a)$9,114,677IRS Form 990 Schedule H, Part I, <FinancialAssistanceAtCostTyp><NetCommunityBenefitExpnsAmt>
Medicaid (line 7b)$28,434,613IRS Form 990 Schedule H, Part I, <UnreimbursedMedicaidGrp><NetCommunityBenefitExpnsAmt>
Financial assistance and means-tested government programs (line 7d)$37,549,290IRS Form 990 Schedule H, Part I, <TotalFinancialAssistanceTyp><NetCommunityBenefitExpnsAmt>
Other benefits (line 7j)$9,117,258IRS Form 990 Schedule H, Part I, <TotalOtherBenefitsGrp><NetCommunityBenefitExpnsAmt>
Total, fraction of total expense (line 7k, column f)0.0742IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><TotalExpensePct>

E-file object id 202400409349300445. The IRS archive it was read from.

Executive and director compensation, as filed

From IRS Form 990 Part VII, Section A, filed by FREEMAN HEALTH SYSTEM (employer identification number 431704371) for tax year 2022. The return lists this hospital as its one hospital facility.

NameTitleRoleReportable comp, from this organizationReportable comp, from related organizationsOther compensation
BRANDON C DAVISDIRECTORTrustee/director$0$0$0
DARWINI DAVID JEYARAJPHYSICIANHighest-compensated employee$1,910,952$0$36,656
DAVID L BAKERCMOOfficer$837,054$0$40,534
DENNIS ESTEPFORMER CMOFormer$368,398$0$36,766
GLENN BROWNDIRECTORTrustee/director$0$0$0
GLENN MITCH MCCUMBERDIRECTORTrustee/director$0$0$0
J SCOTT BROTHERSVICE CHAIRTrustee/director, Officer$0$0$0
JAMES FLEISCHAKERDIRECTORTrustee/director$0$0$0
JEFFERY E THOMPSONCHIEF CLINICAL OFFICEROfficer$362,266$0$33,464
JIM ARMSTRONGSECRETARY/TREASURERTrustee/director, Officer$0$0$0
JOHN M COX DODIRECTORTrustee/director$846,355$0$30,792
JOSHUA BALLDIRECTOR END 09/22Trustee/director$1,401,850$0$32,682
KEVIN P GAUDETTEVP REVENUE CYCLEKey employee$508,947$0$35,634
LANCE BESHORE PHDCHAIRTrustee/director, Officer$0$0$0
LARRY MCINTIRE DODIRECTORTrustee/director$317,064$0$10,226
LEONARD T ROLLINSCHIEF INFORMATION OFFICERKey employee$284,855$0$35,654
MARK WILLIAMSDIRECTORTrustee/director$0$0$0
MARY A FRERERCHIEF HUMAN RESOURCE OFFICERKey employee$260,004$0$28,490
MICHAEL B SANDERSCONTROLLERKey employee$269,713$0$30,369
PAULA F BAKERPRESIDENT AND CEOTrustee/director, Officer$1,419,973$354,993$35,396
RODNEY MCFARLAND MDDIRECTORTrustee/director$0$0$0
STEVE GRADDYCFOOfficer$648,256$129,651$30,756
THOMAS COYPHYSICIANHighest-compensated employee$1,860,101$0$31,367
THOMAS LEE SANDERSPHYSICIANHighest-compensated employee$2,582,093$0$32,398
TODD JOSEPH TWISSPHYSICIANHighest-compensated employee$2,296,948$0$35,641
WESLEY B BRAMANVP BUSINESS DEVELOPMENTKey employee$315,267$0$32,404
WILLIAM JOHN NICHOLASPHYSICIANHighest-compensated employee$2,283,087$0$30,836

E-file object id 202400409349300445. 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 260137. 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 September 18, 2026.