Critical access hospital · Holdrege, Nebraska · 25 beds · CMS certification number 281362
Phelps Memorial Health Center
Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS June 2, 2026. Twenty years on file, every one shown below. Also on the 340B covered-entity register.
Fiscal 2025 at a glance
What stands out
- Net patient revenue rose from $22.8M in its first year on file (2006) to $104.4M in 2025.
- Its result from patient care: $1.7M (2023), $5.4M (2024), $10.5M (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 5.8% of its inpatient days and Medicare for 54.9%.
Every statement is drawn from figures on this page; nothing is estimated.
Twenty years of filings
Net patient revenue against operating expenses, each year as filed.
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as submitted
Beside its peers
Critical access hospitals in Nebraska with 25 to 49 beds, each on fiscal year 2025.
| Hospital | Beds | Net patient revenue | Operating expenses | Margin |
|---|---|---|---|---|
| Phelps Memorial Health Center | 25 | $104,421,535 | $93,875,647 | 10.1% |
| Avera St. Anthonys Hospital, Oneill | 25 | $46,747,848 | $45,304,873 | 3.1% |
| Boone County Health Center, Albion | 25 | $52,289,049 | $56,371,121 | −7.8% |
| Brodstone Healthcare, Superior | 25 | $39,639,896 | $41,577,168 | −4.9% |
| CHI Health Schuyler, Schuyler | 25 | $16,252,965 | $17,153,126 | −5.5% |
| Franciscan Healthcare, West Point | 25 | $68,705,650 | $63,450,665 | 7.6% |
Patients and payers
- Discharges
- 700S-3 line 14, col 15
- Inpatient days
- 2,734S-3 line 14, col 8
- Beds in use, on an average day
- 7.5days ÷ days in year
- Occupancy
- 30.0%days ÷ bed days
- Medicare share of days
- 54.9%S-3 cols 6 ÷ 8
- Medicaid share of days
- 5.8%S-3 cols 7 ÷ 8
Who owns it
Related organizations on its own cost report: ADJACENT AIR, air travel; ADJACENT PROP, real estate.
Type of control on its cost report: voluntary nonprofit, other.
Community benefit, as filed
From IRS Form 990 Schedule H, Part I, filed by PHELPS MEMORIAL HEALTH CENTER (employer identification number 470481628) for tax year 2023. The return lists this hospital as its one hospital facility.
| Figure | As filed | Where it comes from |
|---|---|---|
| Total community benefit expense (line 7k) | $1,536,754 | IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><NetCommunityBenefitExpnsAmt> |
| Financial assistance at cost (line 7a) | $435,901 | IRS Form 990 Schedule H, Part I, <FinancialAssistanceAtCostTyp><NetCommunityBenefitExpnsAmt> |
| Medicaid (line 7b) | $918,250 | IRS Form 990 Schedule H, Part I, <UnreimbursedMedicaidGrp><NetCommunityBenefitExpnsAmt> |
| Financial assistance and means-tested government programs (line 7d) | $1,354,151 | IRS Form 990 Schedule H, Part I, <TotalFinancialAssistanceTyp><NetCommunityBenefitExpnsAmt> |
| Other benefits (line 7j) | $182,603 | IRS Form 990 Schedule H, Part I, <TotalOtherBenefitsGrp><NetCommunityBenefitExpnsAmt> |
| Total, fraction of total expense (line 7k, column f) | 0.0183 | IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><TotalExpensePct> |
E-file object id 202443139349303719. The IRS archive it was read from.
Executive and director compensation, as filed
From IRS Form 990 Part VII, Section A, filed by PHELPS MEMORIAL HEALTH CENTER (employer identification number 470481628) for tax year 2023. 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 |
|---|---|---|---|---|---|
| BENJAMIN LANS | MEMBER (THRU 7/23) | Trustee/director | $0 | $0 | $0 |
| DON KRAUS | MEMBER | Trustee/director | $0 | $0 | $0 |
| DOUG HOHMAN | MEMBER | Trustee/director | $0 | $0 | $0 |
| HEATHER MCQUILLAN | MEMBER | Trustee/director | $0 | $0 | $0 |
| JAMIE ROOKS | CRNA | Highest-compensated employee | $304,164 | $0 | $73,521 |
| JEFF BERNEY MD | CHIEF OF STAFF | Trustee/director | $17,040 | $0 | $0 |
| KYLE ANDERSON | VICE PRESIDENT | Trustee/director, Officer | $0 | $0 | $0 |
| LACIE WESTCOTT | CHIEF EXPERIENCE OFFICER | Highest-compensated employee | $197,799 | $0 | $39,096 |
| LANCE THORELL | MEMBER | Trustee/director | $0 | $0 | $0 |
| LINDA HEIDEN | SECRETARY | Trustee/director, Officer | $0 | $0 | $0 |
| LOREN D SCHRODER | CFO | Officer | $391,738 | $0 | $50,105 |
| MARK HARREL | CEO | Officer | $520,108 | $0 | $50,927 |
| MARK KRAUS | MEMBER | Trustee/director | $0 | $0 | $0 |
| MIKE PELSTER | PRESIDENT | Trustee/director, Officer | $0 | $0 | $0 |
| NATALIE NELSEN | MEMBER (THRU 4/23) | Trustee/director | $0 | $0 | $0 |
| RUBEN CHAVEZ | CRNA | Highest-compensated employee | $333,076 | $0 | $51,754 |
| RYAN LIESKE | PHYSICIAN ASSISTANT | Highest-compensated employee | $213,999 | $0 | $42,248 |
| STEPHANIE DANNEHL | MEMBER | Trustee/director | $0 | $0 | $0 |
| STEVE KNESS | TREASURER | Trustee/director, Officer | $0 | $0 | $0 |
| TYLER FRIES | DIRECTOR OF PHARMACY | Highest-compensated employee | $190,470 | $0 | $41,946 |
| WAYNE QUINCY | MEMBER | Trustee/director | $0 | $0 | $0 |
| WILLIAM SANDY MD | MEMBER (THRU 4/23) | Trustee/director | $14,016 | $0 | $0 |
E-file object id 202443139349303719. 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 281362. 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 2, 2026.