Velarion Records

Critical access hospital · Randolph, Vermont · 25 beds · CMS certification number 471301

Gifford Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended September 30, 2025, as submitted, stamped by CMS March 13, 2026. 25 years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue
$58.5M
$58,546,944 · G-3 line 3
Operating expenses
$81.7M
$81,705,942 · G-3 line 4
Result from patient care
−$23.2M
−$23,158,998 · G-3 line 5
Margin on patient care
−39.6%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $6.6M in its first year on file (2001) to $58.5M in 2025.
  • Its result from patient care: −$23.2M (2023), −$24.7M (2024), −$23.2M (2025).
  • All 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 13.4% of its inpatient days and Medicare for 39.4%.

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
$6.6M
$7.0M
2002
settled with audit
$25.3M
$25.6M
2003
reopened
$29.6M
$30.1M
2004
settled with audit
$28.8M
$29.2M
2005
settled with audit
$31.0M
$30.7M
2006
settled
$34.6M
$34.8M
2007
settled
$42.1M
$42.1M
2008
settled
$47.3M
$47.4M
2009
settled with audit
$49.4M
$49.8M
2010
reopened
$54.7M
$55.2M
2011
settled
$58.7M
$59.6M
2012
settled with audit
$57.9M
$59.1M
2013
settled
$59.8M
$62.0M
2014
settled
$58.3M
$59.8M
2015
settled with audit
$52.8M
$53.6M
2016
settled
$54.8M
$54.0M
2017
settled
$54.3M
$53.7M
2018
settled
$48.8M
$52.8M
2019
settled
$50.1M
$50.6M
2020
settled with audit
$44.1M
$53.1M
2021
settled
$55.5M
$56.8M
2022
as submitted
$54.5M
$70.4M
2023
as submitted
$50.8M
$74.0M
2024
as submitted
$53.3M
$78.0M
2025
as submitted
$58.5M
$81.7M

Beside its peers

Critical access hospitals in Vermont with 25 to 49 beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Gifford Medical Center25$58,546,944$81,705,942−39.6%
Copley Hospital, Morrisville25$115,182,248$115,885,016−0.6%
Mt. Ascutney Hospital and Health Center, Windsor25$68,525,000$75,265,465−9.8%
North Country Hospital & Health Center, Newport25$96,557,455$115,580,498−19.7%
NVRH, St. Johnsbury25$125,703,837$136,482,777−8.6%
Springfield Hospital, Springfield25$59,811,417$70,273,564−17.5%

Patients and payers

Discharges
771
S-3 line 14, col 15
Inpatient days
4,001
S-3 line 14, col 8
Beds in use, on an average day
11.0
days ÷ days in year
Occupancy
43.9%
days ÷ bed days
Medicare share of days
39.4%
S-3 cols 6 ÷ 8
Medicaid share of days
13.4%
S-3 cols 7 ÷ 8

Who owns it

Related organizations on its own cost report: GIFFORD RETIREM, long term care; GIFFORD HEALTHC, fqhc.

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

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 471301. 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 March 13, 2026.