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Critical access hospital · Philip, South Dakota · 18 beds · CMS certification number 431319

Hans P Peterson Memorial Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS June 22, 2026. 25 years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue
$17.9M
$17,932,427 · G-3 line 3
Operating expenses
$19.7M
$19,730,648 · G-3 line 4
Result from patient care
−$1.8M
−$1,798,221 · G-3 line 5
Margin on patient care
−10.0%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $3.1M in its first year on file (2001) to $17.9M in 2025.
  • Its result from patient care: $670K (2023), −$869K (2024), −$1.8M (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 1.4% of its inpatient days and Medicare for 72.0%.

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
reopened
$3.1M
$3.4M
2002
reopened
$4.0M
$4.3M
2003
reopened
$5.2M
$4.9M
2004
settled
$4.1M
$4.9M
2005
settled
$4.7M
$5.3M
2006
settled
$4.4M
$5.4M
2007
settled
$4.9M
$5.7M
2008
settled
$5.6M
$6.2M
2009
settled
$6.0M
$6.8M
2010
settled
$6.8M
$7.3M
2011
settled
$7.1M
$7.8M
2012
settled
$7.1M
$7.9M
2013
settled
$7.4M
$8.1M
2014
settled
$7.8M
$8.7M
2015
settled
$9.1M
$9.8M
2016
settled
$9.6M
$10.5M
2017
settled
$11.6M
$11.5M
2018
settled
$12.9M
$12.5M
2019
settled
$12.7M
$12.8M
2020
settled
$14.7M
$14.4M
2021
as submitted
$15.8M
$14.9M
2022
settled
$17.6M
$17.2M
2023
as submitted
$19.1M
$18.4M
2024
amended
$18.6M
$19.5M
2025
as submitted
$17.9M
$19.7M

Beside its peers

Critical access hospitals in South Dakota with under 25 beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Hans P Peterson Memorial Hospital18$17,932,427$19,730,648−10.0%
Avera Flandreau Hospital, Flandreau18$10,000,918$9,954,3870.5%
Landmann-Jungman Memorial Hospital, Scotland20$5,894,433$7,709,238−30.8%
Madison Community Hospital, Madison22$34,845,432$37,067,378−6.4%
Marhsall County Healthcare Center, Britton20$11,746,730$13,021,700−10.8%
Monument Health Lead-Deadwood Hospital, Deadwood18$19,246,464$19,943,435−3.6%

Patients and payers

Discharges
152
S-3 line 14, col 15
Inpatient days
1,387
S-3 line 14, col 8
Beds in use, on an average day
3.8
days ÷ days in year
Occupancy
21.1%
days ÷ bed days
Medicare share of days
72.0%
S-3 cols 6 ÷ 8
Medicaid share of days
1.4%
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 PHILIP HEALTH SERVICES INC (employer identification number 460361016) 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)$527,792IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><NetCommunityBenefitExpnsAmt>
Financial assistance at cost (line 7a)$52,946IRS Form 990 Schedule H, Part I, <FinancialAssistanceAtCostTyp><NetCommunityBenefitExpnsAmt>
Financial assistance and means-tested government programs (line 7d)$52,946IRS Form 990 Schedule H, Part I, <TotalFinancialAssistanceTyp><NetCommunityBenefitExpnsAmt>
Other benefits (line 7j)$474,846IRS Form 990 Schedule H, Part I, <TotalOtherBenefitsGrp><NetCommunityBenefitExpnsAmt>
Total, fraction of total expense (line 7k, column f)0.0287IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><TotalExpensePct>

E-file object id 202423129349301892. The IRS archive it was read from.

Executive and director compensation, as filed

From IRS Form 990 Part VII, Section A, filed by PHILIP HEALTH SERVICES INC (employer identification number 460361016) for tax year 2023. The return lists this hospital as its one hospital facility.

NameTitleRoleReportable comp, from this organizationReportable comp, from related organizationsOther compensation
COENRAAD KLOPPER MDEMPLOYEEKey employee$237,900$0$23,862
DAVID HOLMAN MDEMPLOYEEHighest-compensated employee$341,116$0$25,969
DJ RUSHDIRECTORTrustee/director$0$0$0
DON BURNSPRESIDENTTrustee/director, Officer$0$0$0
KAREN KROETCHDIRECTORTrustee/director$0$0$0
KERRY BLACKHAMEMPLOYEEKey employee$299,600$0$25,463
LARRY GABRIELDIRECTORTrustee/director$0$0$0
MAUREEN CADWELLCHIEF EXECUTOfficer$0$188,462$20,595
RAY SMITHVICE PRESIDETrustee/director, Officer$0$0$0
RITA O'CONNELLDIRECTORTrustee/director$0$0$0
RUSTY OLNEYDIRECTORTrustee/director$0$0$0
TERRY HENRIEEMPLOYEEKey employee$174,404$0$5,397

E-file object id 202423129349301892. 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 431319. 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 June 22, 2026.