Velarion Records

Critical access hospital · Crete, Nebraska · 15 beds · CMS certification number 281354

Crete Area Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS June 15, 2026. 23 years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue
$38.3M
$38,281,287 · G-3 line 3
Operating expenses
$35.0M
$35,024,210 · G-3 line 4
Result from patient care
$3.3M
$3,257,077 · G-3 line 5
Margin on patient care
8.5%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $14.5M in its first year on file (2003) to $38.3M in 2025.
  • Its result from patient care: −$1.0M (2023), $2.1M (2024), $3.3M (2025).
  • 2 of the 5 critical access hospital peers below with a margin on file also report a gain on patient care for fiscal year 2025.
  • Medicaid paid for 29.7% of its inpatient days and Medicare for 25.1%.

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

23 years of filings

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

Net patient revenueOperating expenses
2003
as submitted
$14.5M
$16.0M
2004
settled
$13.8M
$14.8M
2005
settled
$14.8M
$15.1M
2006
reopened
$15.6M
$16.2M
2007
settled
$14.7M
$15.0M
2008
reopened
$14.3M
$13.9M
2009
reopened
$18.3M
$16.1M
2010
settled
$20.1M
$18.0M
2011
reopened
$18.3M
$17.9M
2012
settled
$19.5M
$18.4M
2013
settled
$19.7M
$18.4M
2014
settled
$19.5M
$20.6M
2015
settled
$19.5M
$21.1M
2016
settled
$21.2M
$22.2M
2017
settled
$22.2M
$23.0M
2018
settled
$22.4M
$22.8M
2019
settled
$22.5M
$23.5M
2020
settled
$22.5M
$24.6M
2021
settled
$26.9M
$27.3M
2022
settled
$28.8M
$30.1M
2023
settled
$30.2M
$31.3M
2024
as submitted
$33.9M
$31.9M
2025
as submitted
$38.3M
$35.0M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
Crete Area Medical Center15$38,281,287$35,024,2108.5%
Annie Jeffrey Memorial County Health Center, Osceola16$9,505,188$9,711,531−2.2%
Gothenburg Health, Gothenburg15$39,232,877$39,034,5410.5%
Niobrara Valley Hospital, Lynch15$2,342,863$4,308,432−83.9%
Rock County Hospital, Bassett15$11,209,521$17,313,918−54.5%
Saunders Medical Center, Wahoo16$43,003,163$41,001,7334.7%

Patients and payers

Discharges
216
S-3 line 14, col 15
Inpatient days
626
S-3 line 14, col 8
Beds in use, on an average day
1.7
days ÷ days in year
Occupancy
11.4%
days ÷ bed days
Medicare share of days
25.1%
S-3 cols 6 ÷ 8
Medicaid share of days
29.7%
S-3 cols 7 ÷ 8

Who owns it

Related organizations on its own cost report: BRYAN HEALTH (100%).

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

Community benefit, as filed

From IRS Form 990 Schedule H, Part I, filed by Crete Area Medical Center (employer identification number 470841285) 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)$1,891,231IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><NetCommunityBenefitExpnsAmt>
Financial assistance at cost (line 7a)$850,894IRS Form 990 Schedule H, Part I, <FinancialAssistanceAtCostTyp><NetCommunityBenefitExpnsAmt>
Medicaid (line 7b)$639,399IRS Form 990 Schedule H, Part I, <UnreimbursedMedicaidGrp><NetCommunityBenefitExpnsAmt>
Financial assistance and means-tested government programs (line 7d)$1,490,293IRS Form 990 Schedule H, Part I, <TotalFinancialAssistanceTyp><NetCommunityBenefitExpnsAmt>
Other benefits (line 7j)$400,938IRS Form 990 Schedule H, Part I, <TotalOtherBenefitsGrp><NetCommunityBenefitExpnsAmt>
Total, fraction of total expense (line 7k, column f)0.0605IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><TotalExpensePct>

E-file object id 202433209349309238. 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 281354. 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 15, 2026.