Velarion Records

Critical access hospital · Rolla, North Dakota · 25 beds · CMS certification number 351316

SMP Health - St. Kateri

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended September 30, 2025, as submitted, stamped by CMS February 27, 2026. 25 years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue
$14.3M
$14,284,514 · G-3 line 3
Operating expenses
$14.3M
$14,290,943 · G-3 line 4
Result from patient care
−$6K
−$6,429 · G-3 line 5
Margin on patient care
−0.1%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $1.8M in its first year on file (2001) to $14.3M in 2025.
  • Its result from patient care: −$572K (2023), −$663K (2024), −$6K (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 64.4% of its inpatient days and Medicare for 24.5%.

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

25 years of filings

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

Net patient revenueOperating expenses
2001
settled
$1.8M
$2.2M
2002
settled with audit
$8.8M
$9.0M
2003
settled
$6.5M
$7.3M
2004
reopened
$6.9M
$7.6M
2005
reopened
$7.4M
$7.7M
2006
reopened
$6.7M
$7.8M
2007
reopened
$6.8M
$8.0M
2008
reopened
$7.9M
$8.3M
2009
reopened
$7.9M
$8.4M
2010
reopened
$7.9M
$8.3M
2011
settled
$7.7M
$7.9M
2012
settled
$8.2M
$8.8M
2013
settled
$8.3M
$8.7M
2014
settled
$8.4M
$8.8M
2015
settled
$9.0M
$9.3M
2016
settled
$9.0M
$10.0M
2017
settled with audit
$9.3M
$9.9M
2018
settled
$9.6M
$10.0M
2019
settled
$10.4M
$10.8M
2020
settled
$11.7M
$12.1M
2021
settled
$12.9M
$13.5M
2022
settled
$12.8M
$14.0M
2023
settled
$13.6M
$14.1M
2024
settled
$14.1M
$14.7M
2025
as submitted
$14.3M
$14.3M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
SMP Health - St. Kateri25$14,284,514$14,290,943−0.1%
Kenmare Community Hospital, Kenmare25$6,363,906$6,485,780−1.9%
Southwesthealthcare Services, Bowman35$16,955,354$19,589,279−15.5%
SMP Health - St. Andrew's, Bottineau25$17,171,453$16,526,5763.8%
Tioga Medical Center, Tioga25$17,489,254$18,639,884−6.6%
CHI St. Alexius Health Turtle Lake, Turtle Lake25$7,205,663$8,256,857−14.6%

Patients and payers

Discharges
64
S-3 line 14, col 15
Inpatient days
2,718
S-3 line 14, col 8
Beds in use, on an average day
7.5
days ÷ days in year
Occupancy
29.8%
days ÷ bed days
Medicare share of days
24.5%
S-3 cols 6 ÷ 8
Medicaid share of days
64.4%
S-3 cols 7 ÷ 8

Who owns it

Related organizations on its own cost report: SRS OF MARY OF THE PRES, religious organization; SMP HEALTH CORP, management corp.

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

Community benefit, as filed

From IRS Form 990 Schedule H, Part I, filed by Presentation Medical Center (employer identification number 450227391) for tax year 2022. The return lists this hospital as its one hospital facility.

FigureAs filedWhere it comes from
Total community benefit expense (line 7k)$1,154,453IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><NetCommunityBenefitExpnsAmt>
Financial assistance at cost (line 7a)$42,000IRS Form 990 Schedule H, Part I, <FinancialAssistanceAtCostTyp><NetCommunityBenefitExpnsAmt>
Medicaid (line 7b)$803,925IRS Form 990 Schedule H, Part I, <UnreimbursedMedicaidGrp><NetCommunityBenefitExpnsAmt>
Financial assistance and means-tested government programs (line 7d)$845,925IRS Form 990 Schedule H, Part I, <TotalFinancialAssistanceTyp><NetCommunityBenefitExpnsAmt>
Other benefits (line 7j)$308,528IRS Form 990 Schedule H, Part I, <TotalOtherBenefitsGrp><NetCommunityBenefitExpnsAmt>
Total, fraction of total expense (line 7k, column f)0.0813IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><TotalExpensePct>

E-file object id 202402259349301810. The IRS archive it was read from.

Executive and director compensation, as filed

From IRS Form 990 Part VII, Section A, filed by Presentation Medical Center (employer identification number 450227391) for tax year 2022. The return lists this hospital as its one hospital facility.

NameTitleRoleReportable comp, from this organizationReportable comp, from related organizationsOther compensation
Brian GrosingerDirector as of 7/1/23Trustee/director$0$0$0
Christopher AlbertsonPresident/CEOTrustee/director, Officer$0$327,832$55,018
Derrick DixonVice Chair as of 6/1/23Trustee/director, Officer$0$0$0
Jane SivertsonChair until 6/30/23Trustee/director, Officer$0$0$0
Laura Yoder RNInfection Control, Head NurseHighest-compensated employee$167,467$0$31,513
Lavonne Charbonneau PAEmergency Medicine Physician AsstHighest-compensated employee$148,101$0$30,641
Lori Martinson RNVP Patient Care/Dir of NursingHighest-compensated employee$123,594$0$29,879
Matthew OdermannChair as of 7/1/23Trustee/director, Officer$0$0$0
Paula WilkieCFOOfficer$0$219,471$49,368
Rachelle Fischer FNP-CClinic ServicesHighest-compensated employee$132,076$0$30,451
Richard Larson MDEmergency Services/Medical DirectorHighest-compensated employee$290,776$0$17,723
Seth BercierDirectorTrustee/director$0$0$0
Shelly CountsDirectorTrustee/director$0$0$0
Sr Ann Germaine PicardDirectorTrustee/director$0$0$0
Sr Debra BerryDirectorTrustee/director$0$0$0
Steven McAteeVice Chair until 5/31/23Trustee/director, Officer$0$0$0

E-file object id 202402259349301810. The IRS archive it was read from.

Follow this hospital, free

We send this record now and tell you when it files again.

More critical access hospitals in North Dakota

From the publisher of Velarion Records

Velarion Intel

Independent Decision-Grade Intelligence

Compensation and corporate governance intelligence for advisors, investors and companies. Executive and board pay for public companies, benchmarked against peers.

See what Intel shows

Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 351316. 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 February 27, 2026.