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Short-term acute care hospital · Morristown, Tennessee · 100 beds · CMS certification number 440030

Morristown-Hamblen Healthcare System

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2025, amended, stamped by CMS September 16, 2026. 29 years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue
$148.4M
$148,417,290 · G-3 line 3
Operating expenses
$129.8M
$129,831,540 · G-3 line 4
Result from patient care
$18.6M
$18,585,750 · G-3 line 5
Margin on patient care
12.5%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $37.0M in its first year on file (1997) to $148.4M in 2025.
  • Its result from patient care: $15.0M (2023), $15.1M (2024), $18.6M (2025).
  • 3 of the 5 short-term acute care hospital peers below with a margin on file also report a gain on patient care for fiscal year 2025.
  • COVENANT HEALTH holds 100% of it, on its Medicare enrollment.

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

29 years of filings

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

Net patient revenueOperating expenses
1997
reopened
$37.0M
$36.1M
1998
reopened
$45.4M
$38.6M
1999
settled
$43.8M
$40.8M
2000
reopened
$51.3M
$45.9M
2001
settled
$56.4M
$50.6M
2002
settled
$56.6M
$55.3M
2003
settled
$66.2M
$64.9M
2004
settled with audit
$74.7M
$72.8M
2005
settled
$79.3M
$70.0M
2006
reopened
$80.3M
$67.2M
2007
reopened
$80.7M
$67.8M
2008
reopened
$84.4M
$73.4M
2009
reopened
$86.8M
$76.5M
2010
reopened
$89.4M
$79.7M
2011
reopened
$90.3M
$93.9M
2012
reopened
$92.9M
$98.7M
2013
reopened
$82.4M
$84.3M
2014
reopened
$78.1M
$78.7M
2015
reopened
$74.9M
$76.4M
2016
settled
$80.1M
$76.0M
2017
settled
$82.8M
$78.3M
2018
settled
$83.7M
$79.1M
2019
settled with audit
$96.8M
$85.2M
2020
reopened
$106.2M
$93.5M
2021
settled
$113.9M
$100.0M
2022
reopened
$120.7M
$110.3M
2023
settled
$126.6M
$111.7M
2024
settled
$137.7M
$122.6M
2025
amended
$148.4M
$129.8M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
Morristown-Hamblen Healthcare System100$148,417,290$129,831,54012.5%
West Tennessee Healthcare Dyersburg Hospital, Dyersburg109$65,072,818$65,404,653−0.5%
Tristar Horizon Medical Center, Dickson110$169,022,206$133,282,86721.1%
Tristar Northcrest Medical Center, Springfield109$80,000,859$88,825,126−11.0%
Tristar Southern Hills Medical Center, Nashville112$163,563,476$135,701,36817.0%
Tristar Stonecrest Medical Center, Smyrna115$210,409,822$109,647,35447.9%

Patients and payers

Discharges
7,242
S-3 line 14, col 15
Inpatient days
31,868
S-3 line 14, col 8
Beds in use, on an average day
87.5
days ÷ days in year
Occupancy
87.3%
days ÷ bed days
Medicare share of days
17.3%
S-3 cols 6 ÷ 8

Who owns it

  • COVENANT HEALTH100%

Related organizations on its own cost report: COVENANT HEALTH, home office; CLAIBORNE MC, hospital; CUMBERLAND MC, hospital; FT LOUDOUN MC, hospital; FS REGIONAL MC, hospital.

Other hospitals with the same owner: St. Joseph Hospital (ME), St. Marys Regional Medical Center (ME), St. Joseph Hospital of Nashua NH (NH), Cumberland Medical Center (TN), Covenant Health Roane (TN), Methodist Medical Center (TN), Claiborne Medical Center (TN), Covenant Health Leconte (TN), Fort Loudoun Medical Center (TN).

Type of control on its cost report: voluntary nonprofit, other.

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

Community benefit, as filed

From IRS Form 990 Schedule H, Part I, filed by Morristown-Hamblen Hospital Association (employer identification number 620545814) 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)$14,501,913IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><NetCommunityBenefitExpnsAmt>
Financial assistance at cost (line 7a)$5,610,465IRS Form 990 Schedule H, Part I, <FinancialAssistanceAtCostTyp><NetCommunityBenefitExpnsAmt>
Medicaid (line 7b)$3,776,260IRS Form 990 Schedule H, Part I, <UnreimbursedMedicaidGrp><NetCommunityBenefitExpnsAmt>
Financial assistance and means-tested government programs (line 7d)$9,386,725IRS Form 990 Schedule H, Part I, <TotalFinancialAssistanceTyp><NetCommunityBenefitExpnsAmt>
Other benefits (line 7j)$5,115,188IRS Form 990 Schedule H, Part I, <TotalOtherBenefitsGrp><NetCommunityBenefitExpnsAmt>
Total, fraction of total expense (line 7k, column f)0.1237IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><TotalExpensePct>

E-file object id 202413189349305556. The IRS archive it was read from.

Executive and director compensation, as filed

From IRS Form 990 Part VII, Section A, filed by Morristown-Hamblen Hospital Association (employer identification number 620545814) for tax year 2023. The return lists this hospital as its one hospital facility.

NameTitleRoleReportable comp, from this organizationReportable comp, from related organizationsOther compensation
Alvin NanceDirectorTrustee/director$0$1,044$0
Amy E HerndonVP - Financial ServicesOfficer$184,672$0$26,735
Bill MyersDirectorTrustee/director$0$0$0
Cosby StoneDirectorTrustee/director$0$1,595$0
Dave MillerDirectorTrustee/director$0$1,044$0
Deborah K CoxShift Leader Clinical NurseHighest-compensated employee$119,618$0$23,824
Donald HickmanDirectorTrustee/director$0$1,498$0
Edgar GrayDirectorTrustee/director$0$1,054$0
Gerald BoydDirectorTrustee/director$0$977$0
Gordon E LintzPresident & CAOOfficer$0$534,235$23,597
Jacqueline S LewisClinical NurseHighest-compensated employee$131,333$0$34,053
James D VanderSteegPresident & CEOTrustee/director, Officer$0$2,762,691$352,568
James GibsonDirectorTrustee/director$0$1,008$0
James Tramontana MDDirectorTrustee/director$0$1,196$0
Janice McKinleyDirectorTrustee/director$0$1,222$0
Joe SutterDirectorTrustee/director$0$1,462$0
John T GeppiFmr EVP/CFO (through June 2023)Officer$0$971,426$24,345
Jorge SanabriaDirectorTrustee/director$0$1,234$0
Joseph C DolanEVP/CFOOfficer$0$358,890$38,564
King PurnellDirector/ChairTrustee/director, Officer$0$1,630$0
Leslye HartsellDirectorTrustee/director$0$1,027$0
Linda OgleDirectorTrustee/director$0$0$0
Lisa M KelleyVP - Chief Nursing OfficerKey employee$174,077$0$34,586
Michael Casey MDDirectorTrustee/director$0$0$0
Mitchell Dickson MDDirectorTrustee/director$0$796$0
Pamela S WesternPharmacistHighest-compensated employee$140,540$0$22,731
Robert J DrinnonMedical PhysicistHighest-compensated employee$191,837$0$38,226
Ronni ChandlerFmr Director (through June 2023)Trustee/director$0$0$0
Sarah G RamseySupervisor PharmacyHighest-compensated employee$122,744$0$13,203
Stephanie FloodDirectorTrustee/director$0$808$0
Timothy MatthewsDirectorTrustee/director$0$1,196$0
Willard Campbell MDDirectorTrustee/director$0$0$0
William SealeDirectorTrustee/director$0$1,321$0

E-file object id 202413189349305556. The IRS archive it was read from.

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2024.ZIP, form CMS-2552-10, filed under CMS certification number 440030. 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 HOSP10FY2024.ZIP, read September 16, 2026.