Critical access hospital · Neosho, Missouri · 25 beds · CMS certification number 261331
Freeman Neosho Hospital
Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended March 31, 2026, as submitted, stamped by CMS September 16, 2026. 21 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 $27.1M in its first year on file (2006) to $36.0M in 2026.
- Its result from patient care: $1.3M (2024), $680K (2025), $690K (2026).
- 1 of the 5 critical access hospital peers below with a margin on file also reports a gain on patient care for fiscal year 2026.
- Medicaid paid for 5.4% of its inpatient days and Medicare for 34.9%.
Every statement is drawn from figures on this page; nothing is estimated.
21 years of filings
Net patient revenue against operating expenses, each year as filed.
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Beside its peers
Hospitals of the same type (critical access hospital), nearest in size, from Missouri first; each on fiscal year 2026.
| Hospital | Beds | Net patient revenue | Operating expenses | Margin |
|---|---|---|---|---|
| Freeman Neosho Hospital | 25 | $36,049,224 | $35,359,278 | 1.9% |
| Bleckley Memorial Hosp, Cochran (GA) | 25 | $15,951,866 | $14,119,378 | 11.5% |
| Chicot Memorial Medical Center, Lake Village (AR) | 25 | $15,205,743 | $20,279,909 | −33.4% |
| Harrison County Community Hospital, Bethany | 19 | $33,404,493 | $40,444,943 | −21.1% |
| Massac Memorial Hospital, Metropolis (IL) | 25 | $35,179,695 | $37,092,375 | −5.4% |
| Wills Memorial Hospital, Washington (GA) | 25 | $15,817,548 | $18,006,500 | −13.8% |
Patients and payers
- Discharges
- 593S-3 line 14, col 15
- Inpatient days
- 3,041S-3 line 14, col 8
- Beds in use, on an average day
- 8.4days ÷ days in year
- Occupancy
- 33.3%days ÷ bed days
- Medicare share of days
- 34.9%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 NEOSHO (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 NEOSHO HOSPITAL (employer identification number 431240629) for tax year 2022. The return lists this hospital as its one hospital facility.
| Figure | As filed | Where it comes from |
|---|---|---|
| Total community benefit expense (line 7k) | $2,101,279 | IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><NetCommunityBenefitExpnsAmt> |
| Financial assistance at cost (line 7a) | $1,101,279 | IRS Form 990 Schedule H, Part I, <FinancialAssistanceAtCostTyp><NetCommunityBenefitExpnsAmt> |
| Financial assistance and means-tested government programs (line 7d) | $1,101,279 | IRS Form 990 Schedule H, Part I, <TotalFinancialAssistanceTyp><NetCommunityBenefitExpnsAmt> |
| Other benefits (line 7j) | $1,000,000 | IRS Form 990 Schedule H, Part I, <TotalOtherBenefitsGrp><NetCommunityBenefitExpnsAmt> |
| Total, fraction of total expense (line 7k, column f) | 0.066 | IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><TotalExpensePct> |
E-file object id 202410409349301751. The IRS archive it was read from.
Executive and director compensation, as filed
From IRS Form 990 Part VII, Section A, filed by FREEMAN NEOSHO HOSPITAL (employer identification number 431240629) for tax year 2022. The return lists this hospital as its one hospital facility.
| Name | Title | Role | Reportable comp, from this organization | Reportable comp, from related organizations | Other compensation |
|---|---|---|---|---|---|
| ADAM FIELD | PHYSICIAN | Highest-compensated employee | $278,816 | $0 | $30,399 |
| BENJAMIN CESARZ | PHYSICIAN | Highest-compensated employee | $390,033 | $46,210 | $14,058 |
| BRADY GRANT HESINGTON | DIRECTOR | Trustee/director | $345,741 | $0 | $35,670 |
| CRAIG PENDERGRASS | DIRECTOR | Trustee/director | $0 | $0 | $0 |
| DEE ANN EVENSON | DIRECTOR END 06/22 | Trustee/director | $0 | $0 | $0 |
| ERNEST HOLMES | PHYSICIAN | Highest-compensated employee | $558,551 | $0 | $28,023 |
| GARY WASSON | DIRECTOR | Trustee/director | $0 | $0 | $0 |
| GLENN MCCUMBER | VICE CHAIRMAN | Trustee/director, Officer | $0 | $0 | $0 |
| JIM ARMSTRONG | DIRECTOR BEG 11/22 | Trustee/director | $0 | $0 | $0 |
| KENT FARNSWORTH | DIRECTOR | Trustee/director | $0 | $0 | $0 |
| LARRY BARNES | SECRETARY | Trustee/director, Officer | $190,538 | $0 | $25,444 |
| MICHAEL PACE | PHYSICIAN | Highest-compensated employee | $413,269 | $0 | $15,066 |
| PAULA BAKER | PRESIDENT AND CEO | Trustee/director, Officer | $354,993 | $1,419,973 | $35,396 |
| RENEE DENTON | CHIEF OPERATING OFFICER | Key employee | $187,282 | $0 | $33,452 |
| RUDY FARBER | CHAIRMAN | Trustee/director, Officer | $0 | $0 | $0 |
| STEVE GRADDY | CFO | Officer | $129,651 | $648,256 | $30,756 |
| YARA TOUMA | PHYSICIAN | Highest-compensated employee | $390,293 | $169,968 | $23,167 |
E-file object id 202410409349301751. 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 261331. 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 16, 2026.