Velarion Records

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

McKenzie-Willamette Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS June 16, 2026. 30 years on file, every one shown below.

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.

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

30 years of filings

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

Net patient revenueOperating expenses
1996
settled
$46.8M
$45.3M
1997
settled
$48.6M
$49.1M
1998
reopened
$53.1M
$54.1M
1999
settled with audit
$54.5M
$59.6M
2000
as submitted
$60.6M
$62.1M
2001
settled with audit
$66.7M
$70.8M
2002
settled
$71.6M
$79.4M
2003
settled
$16.5M
$16.2M
2004
reopened
$68.9M
$61.5M
2005
reopened
$74.3M
$66.7M
2006
reopened
$83.0M
$70.5M
2007
reopened
$98.3M
$99.4M
2008
reopened
$107.3M
$111.9M
2009
reopened
$113.6M
$113.7M
2010
reopened
$120.4M
$115.6M
2011
reopened
$124.8M
$118.1M
2012
reopened
$142.7M
$131.9M
2013
reopened
$154.4M
$146.8M
2014
reopened
$166.2M
$148.0M
2015
settled
$201.6M
$160.9M
2016
reopened
$202.8M
$165.8M
2017
reopened
$212.8M
$178.4M
2018
settled
$227.7M
$201.8M
2019
settled
$218.7M
$214.9M
2020
settled
$229.6M
$228.2M
2021
settled
$248.3M
$248.0M
2022
settled
$247.7M
$254.1M
2023
settled
$255.2M
$258.4M
2024
settled
$273.2M
$277.6M
2025
as submitted
$270.5M
$297.8M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
McKenzie-Willamette Medical Center113$270,464,071$297,806,487−10.1%
Bay Area Hospital, Coos Bay144$200,004,940$265,600,380−32.8%
Legacy Meridian Park Medical Center, Tualatin110$304,269,515$293,481,1033.5%
Mercy Medical Center Roseburg, Roseburg149$282,979,626$297,686,103−5.2%
Asante Three Rivers Medical Center, Grants Pass126$305,637,199$309,757,773−1.4%
Hillsboro Medical Center, Hillsboro113$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).

Type of control on its cost report: proprietary, corporation.

Owners of 5% or more, from CMS’s hospital ownership file (Medicare enrollment, October 1, 2026).

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More short-term acute care hospitals in Oregon

Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 380020. Patients and payers: worksheet S-3 Part I of the same filing. Ownership: CMS Hospital All Owners and Hospital Enrollments.

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