Velarion Records

Short-term acute care hospital · Springfield, Oregon · 113 beds · CMS certification number 380020

McKenzie-Willamette Medical Center

Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS June 16, 2026. 30 years on file, all shown below.

Enrolled with Medicare by McKenzie-Willamette Regional Medical Center Associates.

Fiscal 2025 at a glance

Net patient revenue $270.5M $270,464,071 · G-3 line 3
Operating expenses $297.8M $297,806,487 · G-3 line 4
Result from patient care −$27.3M −$27,342,416 · G-3 line 5
Margin on patient care −10.1% line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $46.8M in its first year on file (1996) to $270.5M in 2025.
  • Its result from patient care: −$3.2M (2023), −$4.3M (2024), −$27.3M (2025).
  • 4 of the 5 short-term acute care hospital peers below with a margin on file also report a loss on patient care for fiscal year 2025.
  • Medicaid paid for 1.5% of its inpatient days and Medicare for 18.2%.
  • GOLDENTREE DISTRESSED MASTER FUND III LTD holds 100% of it, on its Medicare enrollment.

How these statements are drawn

30 years of filings

Net patient revenueOperating expenses

1996 settled margin 3.3% $46.8M $45.3M

1997 settled margin −1.1% $48.6M $49.1M

1998 reopened margin −1.9% $53.1M $54.1M

1999 settled with audit margin −9.4% $54.5M $59.6M

2000 as submitted margin −2.5% $60.6M $62.1M

2001 settled with audit margin −6.3% $66.7M $70.8M

2002 settled margin −10.9% $71.6M $79.4M

2003 settled margin 2.3% $16.5M $16.2M

2004 reopened margin 10.7% $68.9M $61.5M

2005 reopened margin 10.3% $74.3M $66.7M

2006 reopened margin 15.1% $83.0M $70.5M

2007 reopened margin −1.1% $98.3M $99.4M

2008 reopened margin −4.2% $107.3M $111.9M

2009 reopened margin −0.1% $113.6M $113.7M

2010 reopened margin 4.0% $120.4M $115.6M

2011 reopened margin 5.4% $124.8M $118.1M

2012 reopened margin 7.6% $142.7M $131.9M

2013 reopened margin 4.9% $154.4M $146.8M

2014 reopened margin 10.9% $166.2M $148.0M

2015 settled margin 20.2% $201.6M $160.9M

2016 reopened margin 18.3% $202.8M $165.8M

2017 reopened margin 16.2% $212.8M $178.4M

2018 settled margin 11.4% $227.7M $201.8M

2019 settled margin 1.8% $218.7M $214.9M

2020 settled margin 0.6% $229.6M $228.2M

2021 settled margin 0.1% $248.3M $248.0M

2022 settled margin −2.6% $247.7M $254.1M

2023 settled margin −1.3% $255.2M $258.4M

2024 settled margin −1.6% $273.2M $277.6M

2025 as submitted margin −10.1% $270.5M $297.8M

Beside its peers

Short-term acute care hospitals in Oregon with 100 to 199 beds, fiscal year 2025.

Hospital Beds Net patient revenue Operating expenses Margin

McKenzie-Willamette Medical Center 113 $270,464,071 $297,806,487 −10.1%

Bay Area Hospital, Coos Bay 144 $200,004,940 $265,600,380 −32.8%

Legacy Meridian Park Medical Center, Tualatin 110 $304,269,515 $293,481,103 3.5%

Mercy Medical Center Roseburg, Roseburg 149 $282,979,626 $297,686,103 −5.2%

Asante Three Rivers Medical Center, Grants Pass 126 $305,637,199 $309,757,773 −1.4%

Hillsboro Medical Center, Hillsboro 113 $315,955,953 $349,506,313 −10.6%

Patients and payers

  • Discharges 7,409 S-3 line 14, col 15
  • Inpatient days 27,980 S-3 line 14, col 8
  • Beds in use, on an average day 76.9 days ÷ days in year
  • Occupancy 67.8% days ÷ bed days
  • Medicare share of days 18.2% S-3 cols 6 ÷ 8
  • Medicaid share of days 1.5% S-3 cols 7 ÷ 8

Who owns it

  • GOLDENTREE DISTRESSED MASTER FUND III LTD100%
  • QUINCY HEALTH LLC100%
  • QUORUM HEALTH CORPORATION100%
  • QUORUM HEALTH INVESTMENT COMPANY LLC99%
  • MWMC HOLDINGS LLC96%
  • GOLDENTREE SELECT OFFSHORE INTERMEDIATE FUND LP82%
  • GTAM ONSHORE BLOCKER 2 LLC19%
  • GOLDENTREE DISTRESSED ONSHORE MASTER FUND III LP13%

Related organizations on its own cost report: QHC (100%), hospital manage.

Other hospitals with the same owner: Kentucky River Medical Center (KY), Mimbres Valley Medical Center (NM), Mesa View Regional Hospital (NV), Forrest City Medical Center (AR), Barstow Community Hospital (CA), Three Rivers Medical Center (KY).

Control: proprietary, corporation.

Follow McKenzie-Willamette Medical Center, free

More short-term acute care hospitals in Oregon

File HOSP10FY2025.ZIP, form CMS-2552-10, CMS certification number 380020. Owners of 5% or more: CMS Hospital All Owners and Hospital Enrollments, Medicare enrollment October 1, 2026.

How this page was built: the CMS Medicare cost report, file HOSP10FY2025.ZIP, read June 16, 2026.

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