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Short-term acute care hospital · Stayton, Oregon · 40 beds · CMS certification number 380056

Santiam Memorial Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS July 14, 2026. 30 years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue
$134.9M
$134,941,757 · G-3 line 3
Operating expenses
$143.5M
$143,517,945 · G-3 line 4
Result from patient care
−$8.6M
−$8,576,188 · G-3 line 5
Margin on patient care
−6.4%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $6.1M in its first year on file (1996) to $134.9M in 2025.
  • Its result from patient care: −$20.2M (2023), −$5.5M (2024), −$8.6M (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 3.7% of its inpatient days and Medicare for 16.5%.

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
$6.1M
$5.9M
1997
settled
$6.4M
$6.3M
1998
as submitted
$8.0M
$7.2M
1999
settled
$8.8M
$8.5M
2000
settled
$10.3M
$9.4M
2001
settled
$10.7M
$10.4M
2002
settled
$12.6M
$12.8M
2003
settled
$16.6M
$15.6M
2004
settled
$14.0M
$15.2M
2005
reopened
$17.0M
$16.2M
2006
reopened
$18.0M
$17.6M
2007
settled
$20.9M
$19.5M
2008
settled
$25.3M
$23.6M
2009
reopened
$25.2M
$23.8M
2010
reopened
$26.1M
$25.0M
2011
reopened
$30.5M
$27.9M
2012
reopened
$30.8M
$29.9M
2013
reopened
$34.7M
$38.8M
2014
settled
$37.4M
$40.9M
2015
settled
$40.9M
$41.2M
2016
settled
$45.8M
$45.2M
2017
settled with audit
$48.7M
$49.2M
2018
settled
$50.3M
$55.0M
2019
settled
$56.2M
$57.3M
2020
settled
$62.1M
$66.9M
2021
settled
$79.4M
$84.0M
2022
settled
$84.5M
$96.2M
2023
settled
$91.1M
$111.2M
2024
as submitted
$116.6M
$122.1M
2025
as submitted
$134.9M
$143.5M

Beside its peers

Short-term acute care hospitals in Oregon with 25 to 49 beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Santiam Memorial Hospital40$134,941,757$143,517,945−6.4%
Asante Ashland Community Hospital, Ashland36$65,015,808$68,224,113−4.9%
Mid-Columbia Medical Center, The Dalles49$121,551,334$157,069,617−29.2%
Providence Milwaukie Hospital, Milwaukie48$154,773,294$184,589,918−19.3%
Providence Newberg Medical Center, Newberg40$184,680,911$164,312,56311.0%
Saint Alphonsus Medical Center - Ontario, Ontario35$73,641,225$75,985,035−3.2%

Patients and payers

Discharges
1,173
S-3 line 14, col 15
Inpatient days
4,993
S-3 line 14, col 8
Beds in use, on an average day
13.7
days ÷ days in year
Occupancy
34.2%
days ÷ bed days
Medicare share of days
16.5%
S-3 cols 6 ÷ 8
Medicaid share of days
3.7%
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 SANTIAM MEMORIAL HOSPITAL (employer identification number 930415219) 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)$8,095,574IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><NetCommunityBenefitExpnsAmt>
Financial assistance at cost (line 7a)$493,286IRS Form 990 Schedule H, Part I, <FinancialAssistanceAtCostTyp><NetCommunityBenefitExpnsAmt>
Medicaid (line 7b)$6,621,713IRS Form 990 Schedule H, Part I, <UnreimbursedMedicaidGrp><NetCommunityBenefitExpnsAmt>
Financial assistance and means-tested government programs (line 7d)$7,910,426IRS Form 990 Schedule H, Part I, <TotalFinancialAssistanceTyp><NetCommunityBenefitExpnsAmt>
Other benefits (line 7j)$185,148IRS Form 990 Schedule H, Part I, <TotalOtherBenefitsGrp><NetCommunityBenefitExpnsAmt>
Total, fraction of total expense (line 7k, column f)0.0345IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><TotalExpensePct>

E-file object id 202413199349316791. The IRS archive it was read from.

Executive and director compensation, as filed

From IRS Form 990 Part VII, Section A, filed by SANTIAM MEMORIAL HOSPITAL (employer identification number 930415219) for tax year 2023. The return lists this hospital as its one hospital facility.

NameTitleRoleReportable comp, from this organizationReportable comp, from related organizationsOther compensation
DAVID THORSETTM.D.Highest-compensated employee$742,418$0$28,275
ED DIEHLVICE CHAIRTrustee/director, Officer$0$0$0
GENNY BALDWINDIRECTORTrustee/director$0$0$0
JOHN HOFFMANM.D.Highest-compensated employee$510,153$0$28,275
MAGGIE HUDSONCEOOfficer$299,689$0$50,760
MARYANN MEREDITHDIRECTORTrustee/director$0$0$0
MIKE ODENTHALCHAIRTrustee/director, Officer$0$0$0
NICOLAS J STRATTONM.D.Highest-compensated employee$461,712$0$28,275
PAM RAYDIRECTORTrustee/director$0$0$0
RACHAEL SEEDERCFOOfficer$183,062$0$47,276
RANDY MICKEYDIRECTORTrustee/director$0$0$0
RON ETZELDIRECTORTrustee/director$0$0$0
SHERRI STEELECNOKey employee$226,113$0$36,490
SILVIA HERNANDEZDIRECTORTrustee/director$0$0$0
STEVE VETSCMOKey employee$299,345$0$16,000
STEVE YAOM.D.Highest-compensated employee$591,705$0$24,775
TIFFANIE PYECOOKey employee$195,776$0$24,305
VICTOR KINTZSECRETARYTrustee/director, Officer$0$0$0
VINCENT GIMINOM.D.Highest-compensated employee$473,949$0$28,275

E-file object id 202413199349316791. 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 380056. 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 July 14, 2026.