Velarion Records

Critical access hospital · Plains, Montana · 16 beds · CMS certification number 271323

Clark Fork Valley Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS June 22, 2026. 24 years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue
$31.9M
$31,919,973 · G-3 line 3
Operating expenses
$34.8M
$34,800,648 · G-3 line 4
Result from patient care
−$2.9M
−$2,880,675 · G-3 line 5
Margin on patient care
−9.0%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $7.6M in its first year on file (2002) to $31.9M in 2025.
  • Its result from patient care: −$1.6M (2023), −$2.6M (2024), −$2.9M (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 5.1% of its inpatient days and Medicare for 55.8%.

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

24 years of filings

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

Net patient revenueOperating expenses
2002
settled with audit
$7.6M
$7.9M
2003
settled with audit
$8.8M
$8.8M
2004
settled with audit
$9.4M
$9.5M
2005
settled with audit
$10.2M
$10.7M
2006
settled with audit
$11.9M
$13.0M
2007
settled with audit
$13.3M
$14.8M
2008
settled
$14.5M
$15.3M
2009
settled
$14.5M
$15.2M
2010
settled
$14.6M
$14.7M
2011
settled
$14.6M
$15.1M
2012
as submitted
$15.5M
$15.4M
2013
settled
$15.5M
$16.5M
2014
settled
$16.0M
$16.4M
2015
settled
$18.3M
$17.6M
2016
settled
$18.3M
$18.3M
2017
settled with audit
$20.3M
$20.2M
2018
settled
$21.7M
$21.6M
2019
settled
$26.3M
$25.7M
2020
as submitted
$26.5M
$27.3M
2021
as submitted
$28.6M
$28.7M
2022
as submitted
$25.9M
$29.7M
2023
as submitted
$29.4M
$31.0M
2024
as submitted
$30.7M
$33.3M
2025
as submitted
$31.9M
$34.8M

Beside its peers

Critical access hospitals in Montana with under 25 beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Clark Fork Valley Hospital16$31,919,973$34,800,648−9.0%
Barrett Hospital & Healthcare, Dillon18$48,521,137$48,185,1860.7%
Big Horn Hospital, Hardin18$16,756,576$17,460,606−4.2%
Deer Lodge Medical Center, Deer Lodge16$25,708,689$26,005,690−1.2%
Sheridan Memorial Hospital Association Hospital, Plentywood19$19,443,647$21,267,305−9.4%
Stillwater Billings Clinic, Columbus16$14,894,359$15,150,311−1.7%

Patients and payers

Discharges
352
S-3 line 14, col 15
Inpatient days
1,915
S-3 line 14, col 8
Beds in use, on an average day
5.3
days ÷ days in year
Occupancy
32.8%
days ÷ bed days
Medicare share of days
55.8%
S-3 cols 6 ÷ 8
Medicaid share of days
5.1%
S-3 cols 7 ÷ 8

Who owns it

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

Community benefit, as filed

From IRS Form 990 Schedule H, Part I, filed by PLAINS HOSPITAL CORPORATION (employer identification number 810475376) 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)$2,563,224IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><NetCommunityBenefitExpnsAmt>
Financial assistance at cost (line 7a)$273,178IRS Form 990 Schedule H, Part I, <FinancialAssistanceAtCostTyp><NetCommunityBenefitExpnsAmt>
Financial assistance and means-tested government programs (line 7d)$273,178IRS Form 990 Schedule H, Part I, <TotalFinancialAssistanceTyp><NetCommunityBenefitExpnsAmt>
Other benefits (line 7j)$2,290,046IRS Form 990 Schedule H, Part I, <TotalOtherBenefitsGrp><NetCommunityBenefitExpnsAmt>
Total, fraction of total expense (line 7k, column f)0.0842IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><TotalExpensePct>

E-file object id 202442749349301559. The IRS archive it was read from.

Executive and director compensation, as filed

From IRS Form 990 Part VII, Section A, filed by PLAINS HOSPITAL CORPORATION (employer identification number 810475376) for tax year 2023. The return lists this hospital as its one hospital facility.

NameTitleRoleReportable comp, from this organizationReportable comp, from related organizationsOther compensation
BINA EGGENSPERGERMEMBERTrustee/director$0$0$0
CARLA NEIMANCFOOfficer$161,321$0$13,384
DARREN HERZOGM.D.Highest-compensated employee$589,089$0$32,204
DEVIN HUNTLEYMEMBERTrustee/director$0$0$0
ERIKA LAWYERVICE CHAIRTrustee/director, Officer$0$0$0
ERIN MCCARTHYCHAIRTrustee/director, Officer$0$0$0
GREGORY HANSON MDPRESIDENT/CETrustee/director, Officer$268,842$0$43,917
JAMES GILLHOUSEMEMBERTrustee/director$0$0$0
JEANNE WILLIAMSM.D.Highest-compensated employee$173,649$0$20,561
JESSICA VALENTINEM.D.Highest-compensated employee$296,234$0$36,780
JOSHUA SPAKEM.D.Highest-compensated employee$240,350$0$19,311
KATRINA CULMERCHIEF OF STATrustee/director$258,258$0$13,388
LISA EBERHARDTDIRECTOR OFKey employee$155,404$0$22,979
MATTHEW INGLEM.D.Highest-compensated employee$265,274$0$30,938
MICHAEL BAXTERMEMBERTrustee/director$0$0$0
RICHARD INGLEM.D.Trustee/director$258,669$0$14,102
VIRGINIA HOLLANDMEMBERTrustee/director$0$0$0

E-file object id 202442749349301559. 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 271323. 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 June 22, 2026.