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Critical access hospital · Jefferson, North Carolina · 25 beds · CMS certification number 341325

Ashe Memorial Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS May 14, 2026. Eighteen years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue
$44.8M
$44,797,869 · G-3 line 3
Operating expenses
$42.3M
$42,263,751 · G-3 line 4
Result from patient care
$2.5M
$2,534,118 · G-3 line 5
Margin on patient care
5.7%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $27.2M in its first year on file (2008) to $44.8M in 2025.
  • Its result from patient care: −$1.2M (2023), −$1.9M (2024), $2.5M (2025).
  • 3 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 4.2% of its inpatient days and Medicare for 36.1%.

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

Eighteen years of filings

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

Net patient revenueOperating expenses
2008
settled
$27.2M
$29.0M
2009
reopened
$24.5M
$27.6M
2010
settled with audit
$26.2M
$27.8M
2011
reopened
$27.1M
$29.6M
2012
reopened
$23.7M
$27.7M
2013
settled with audit
$23.0M
$26.6M
2014
settled
$25.5M
$26.0M
2015
settled
$25.2M
$27.1M
2016
settled
$26.5M
$28.7M
2017
settled
$29.2M
$30.7M
2018
settled
$29.7M
$31.2M
2019
settled
$31.0M
$33.1M
2020
settled
$29.8M
$31.8M
2021
settled
$34.8M
$34.6M
2022
as submitted
$41.6M
$45.9M
2023
as submitted
$47.6M
$48.8M
2024
as submitted
$52.1M
$54.0M
2025
as submitted
$44.8M
$42.3M

Beside its peers

Critical access hospitals in North Carolina with 25 to 49 beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Ashe Memorial Hospital25$44,797,869$42,263,7515.7%
Washington Regional Medical Center, Plymouth25$19,240,653$20,652,470−7.3%
Chatham Hospital, Siler City25$60,173,363$52,453,81112.8%
ECU Health Chowan Hospital, Edenton25$89,729,491$68,733,84323.4%
Lifebrite Community Hospital of Stokes, Danbury25$12,417,954$13,777,147−10.9%
Novant Health Pender Medical Center, Burgaw25$48,359,864$40,318,21316.6%

Patients and payers

Discharges
740
S-3 line 14, col 15
Inpatient days
2,789
S-3 line 14, col 8
Beds in use, on an average day
7.7
days ÷ days in year
Occupancy
30.6%
days ÷ bed days
Medicare share of days
36.1%
S-3 cols 6 ÷ 8
Medicaid share of days
4.2%
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 ASHE MEMORIAL HOSPITAL INC (employer identification number 560603900) 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)$218,615IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><NetCommunityBenefitExpnsAmt>
Financial assistance at cost (line 7a)$218,615IRS Form 990 Schedule H, Part I, <FinancialAssistanceAtCostTyp><NetCommunityBenefitExpnsAmt>
Medicaid (line 7b)$0IRS Form 990 Schedule H, Part I, <UnreimbursedMedicaidGrp><NetCommunityBenefitExpnsAmt>
Financial assistance and means-tested government programs (line 7d)$218,615IRS Form 990 Schedule H, Part I, <TotalFinancialAssistanceTyp><NetCommunityBenefitExpnsAmt>
Total, fraction of total expense (line 7k, column f)0.0051IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><TotalExpensePct>

E-file object id 202403169349302255. The IRS archive it was read from.

Executive and director compensation, as filed

From IRS Form 990 Part VII, Section A, filed by ASHE MEMORIAL HOSPITAL INC (employer identification number 560603900) for tax year 2023. The return lists this hospital as its one hospital facility.

NameTitleRoleReportable comp, from this organizationReportable comp, from related organizationsOther compensation
BRIAN SACHSPHYSICIAN-HOSPITALISTHighest-compensated employee$304,312$0$19,773
BRIAN YATESCHIEF EXECUTIVE OFFICEROfficer$0$0$0
CB JONESBOARD MEMBERTrustee/director$0$0$0
CHARLES JONES MDBOARD MEMBERTrustee/director$0$0$0
DAVID PRICEBOARD MEMBERTrustee/director$0$0$0
EDWARD MILLER MDBOARD MEMBERTrustee/director$0$0$0
EISA COX EDDBOARD MEMBERTrustee/director$0$0$0
GREG BOWERTREASURERTrustee/director, Officer$0$0$0
HORACE THOMPSONBOARD MEMBERTrustee/director$0$0$0
JAMES GAMBILLBOARD OF TRUSTEESTrustee/director$0$0$0
JANE LONONCHAIRPERSONTrustee/director, Officer$0$0$0
KAREN POWELL2ND VICE CHAIRTrustee/director, Officer$0$0$0
KYLE HALLSECRETARYTrustee/director, Officer$0$0$0
MARTIN LITTLE1ST VICE CHAIRTrustee/director, Officer$0$0$0
MELINDA WONSICKPHYSICIANHighest-compensated employee$258,221$0$43,052
MICHAEL A KEPLEYPHYSICIANHighest-compensated employee$251,472$0$22,016
ROBERT S GRAJEWSKIPHYSICIAN-UROLOGISTHighest-compensated employee$403,593$0$24,642
STEPHEN SHOEMAKERBOARD MEMBERTrustee/director$0$0$0
SUE HAMPTONBOARD MEMBERTrustee/director$0$0$0
TARA BLALOCK BURGHERPHYSICIANHighest-compensated employee$249,896$0$26,455
WALT DAVISBOARD MEMBERTrustee/director$0$0$0
WILL VANNOYBOARD MEMBERTrustee/director$0$0$0

E-file object id 202403169349302255. 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 341325. 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 May 14, 2026.