Short-term acute care hospital · Klamath Falls, Oregon · 90 beds · CMS certification number 380050
Sky Lakes Medical Center
Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended September 30, 2025, as submitted, stamped by CMS February 24, 2026. 30 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 $61.1M in its first year on file (1996) to $329.7M in 2025.
- Its result from patient care: −$39.3M (2023), −$46.9M (2024), −$60.5M (2025).
- All 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 24.8% of its inpatient days and Medicare for 32.1%.
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.
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Beside its peers
Hospitals of the same type (short-term acute care hospital), nearest in size, from Oregon first; each on fiscal year 2025.
| Hospital | Beds | Net patient revenue | Operating expenses | Margin |
|---|---|---|---|---|
| Sky Lakes Medical Center | 90 | $329,731,315 | $390,249,487 | −18.4% |
| Legacy Mount Hood Medical Center, Gresham | 100 | $215,974,511 | $229,335,167 | −6.2% |
| Providence Medford Medical Center, Medford | 99 | $270,029,815 | $338,723,592 | −25.4% |
| Providence Willamette Falls Medical Center, Oregon City | 108 | $227,596,206 | $271,027,122 | −19.1% |
| Samaritan Albany General Hospital, Albany | 67 | $288,550,319 | $302,353,545 | −4.8% |
| Willamette Valley Medical Center, Mcminnville | 50 | $123,815,529 | $137,871,331 | −11.3% |
Patients and payers
- Discharges
- 4,706S-3 line 14, col 15
- Inpatient days
- 22,438S-3 line 14, col 8
- Beds in use, on an average day
- 61.6days ÷ days in year
- Occupancy
- 68.3%days ÷ bed days
- Medicare share of days
- 32.1%S-3 cols 6 ÷ 8
- Medicaid share of days
- 24.8%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 SKY LAKES MEDICAL CENTER (employer identification number 930508781) for tax year 2022. The return lists this hospital as its one hospital facility.
| Figure | As filed | Where it comes from |
|---|---|---|
| Total community benefit expense (line 7k) | $26,764,600 | IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><NetCommunityBenefitExpnsAmt> |
| Financial assistance at cost (line 7a) | $3,036,255 | IRS Form 990 Schedule H, Part I, <FinancialAssistanceAtCostTyp><NetCommunityBenefitExpnsAmt> |
| Medicaid (line 7b) | $15,502,131 | IRS Form 990 Schedule H, Part I, <UnreimbursedMedicaidGrp><NetCommunityBenefitExpnsAmt> |
| Financial assistance and means-tested government programs (line 7d) | $18,538,386 | IRS Form 990 Schedule H, Part I, <TotalFinancialAssistanceTyp><NetCommunityBenefitExpnsAmt> |
| Other benefits (line 7j) | $8,226,214 | IRS Form 990 Schedule H, Part I, <TotalOtherBenefitsGrp><NetCommunityBenefitExpnsAmt> |
| Total, fraction of total expense (line 7k, column f) | 0.0306 | IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><TotalExpensePct> |
E-file object id 202402259349302455. The IRS archive it was read from.
Executive and director compensation, as filed
From IRS Form 990 Part VII, Section A, filed by SKY LAKES MEDICAL CENTER (employer identification number 930508781) for tax year 2022. 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 |
|---|---|---|---|---|---|
| DAVID CAUBLE - CEOPRESIDENT | BOARD MEMBER TILL 10/30/22 | Trustee/director, Officer | $649,728 | $0 | $36,370 |
| DAVID STORK | BOARD MEMBER | Trustee/director | $0 | $0 | $0 |
| DOUGLAS MCINNIS DVM | BOARD MEMBER | Trustee/director | $0 | $0 | $0 |
| FRED NARAGHI | MEDICAL PROVIDER | Highest-compensated employee | $1,091,187 | $0 | $41,671 |
| G SCOTT MCCREADIE MD | BOARD MEMBER | Trustee/director | $484,814 | $0 | $40,207 |
| GEORGE KUBAC | MEDICAL PROVIDER | Highest-compensated employee | $660,898 | $0 | $33,095 |
| HEIDI NEEL BIGGS | BOARD MEMBER | Trustee/director | $0 | $0 | $0 |
| JARED OGAO | MEDICAL PROVIDER | Highest-compensated employee | $699,105 | $0 | $39,984 |
| JOHN BELL | CHAIRMAN | Trustee/director, Officer | $0 | $0 | $0 |
| LOGAN KOEHLER | MEDICAL PROVIDER | Highest-compensated employee | $662,985 | $0 | $34,563 |
| PAUL STEWART - BOARD MBR | TILL 1/30/23, CEO EMERITUS | Trustee/director | $792,147 | $0 | $57,940 |
| RADU MOISA | BOARD MEMBER | Trustee/director | $0 | $0 | $0 |
| RICHARD RICO | VP/CFO | Officer | $548,560 | $0 | $54,320 |
| ROD WENDT | VICE CHAIRMAN | Trustee/director, Officer | $0 | $0 | $0 |
| STANTON SMITH | MEDICAL PROVIDER | Highest-compensated employee | $632,024 | $0 | $38,643 |
| WENDY WARREN MD | BOARD MEMBER | Trustee/director | $0 | $0 | $0 |
E-file object id 202402259349302455. 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 380050. 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 24, 2026.