Velarion Records

Critical access hospital · Reedsburg, Wisconsin · 25 beds · CMS certification number 521351

Reedsburg Area Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended September 30, 2025, as submitted, stamped by CMS March 10, 2026. 21 years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue
$86.3M
$86,295,220 · G-3 line 3
Operating expenses
$120.7M
$120,657,962 · G-3 line 4
Result from patient care
−$34.4M
−$34,362,742 · G-3 line 5
Margin on patient care
−39.8%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $27.0M in its first year on file (2005) to $86.3M in 2025.
  • Its result from patient care: −$16.4M (2023), −$17.1M (2024), −$34.4M (2025).
  • 1 of the 5 critical access hospital peers below with a margin on file also reports a loss on patient care for fiscal year 2025.
  • Medicaid paid for 17.7% of its inpatient days and Medicare for 35.1%.

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

21 years of filings

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

Net patient revenueOperating expenses
2005
settled
$27.0M
$24.3M
2006
reopened
$33.8M
$32.6M
2007
reopened
$37.2M
$36.4M
2008
reopened
$38.6M
$38.7M
2009
settled with audit
$39.4M
$39.9M
2010
settled
$40.3M
$40.0M
2011
settled
$42.0M
$43.4M
2012
settled with audit
$43.4M
$43.4M
2013
settled
$45.7M
$46.1M
2014
settled
$56.6M
$54.9M
2015
settled
$63.4M
$61.2M
2016
settled
$65.2M
$67.9M
2017
settled
$63.8M
$68.2M
2018
settled with audit
$65.4M
$73.0M
2019
settled
$67.4M
$76.8M
2020
settled with audit
$69.6M
$83.5M
2021
settled
$81.7M
$92.3M
2022
amended
$87.7M
$94.7M
2023
as submitted
$82.4M
$98.7M
2024
as submitted
$89.3M
$106.4M
2025
as submitted
$86.3M
$120.7M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
Reedsburg Area Medical Center25$86,295,220$120,657,962−39.8%
Adventhealth Durand, Durand25$20,504,259$19,148,4426.6%
Amery Hospital & Clinic, Amery25$91,255,557$85,208,2766.6%
Aspirus Eagle River Hospital, Eagle River25$21,407,672$17,753,43117.1%
Gundersen Moundview Hospital and Clinics, Friendship25$25,938,508$26,843,965−3.5%
Gundersen St. Joseph's Hospital and Clinics, Hillsboro25$46,891,316$41,642,72111.2%

Patients and payers

Discharges
940
S-3 line 14, col 15
Inpatient days
3,259
S-3 line 14, col 8
Beds in use, on an average day
9.0
days ÷ days in year
Occupancy
35.7%
days ÷ bed days
Medicare share of days
35.1%
S-3 cols 6 ÷ 8
Medicaid share of days
17.7%
S-3 cols 7 ÷ 8

Who owns it

Related organizations on its own cost report: CMDI (2%).

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

Community benefit, as filed

From IRS Form 990 Schedule H, Part I, filed by REEDSBURG AREA MEDICAL CENTER (employer identification number 391091432) for tax year 2022. The return lists this hospital as its one hospital facility.

FigureAs filedWhere it comes from
Total community benefit expense (line 7k)$8,300,884IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><NetCommunityBenefitExpnsAmt>
Financial assistance at cost (line 7a)$901,837IRS Form 990 Schedule H, Part I, <FinancialAssistanceAtCostTyp><NetCommunityBenefitExpnsAmt>
Medicaid (line 7b)$4,004,684IRS Form 990 Schedule H, Part I, <UnreimbursedMedicaidGrp><NetCommunityBenefitExpnsAmt>
Financial assistance and means-tested government programs (line 7d)$4,906,521IRS Form 990 Schedule H, Part I, <TotalFinancialAssistanceTyp><NetCommunityBenefitExpnsAmt>
Other benefits (line 7j)$3,394,363IRS Form 990 Schedule H, Part I, <TotalOtherBenefitsGrp><NetCommunityBenefitExpnsAmt>
Total, fraction of total expense (line 7k, column f)0.0824IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><TotalExpensePct>

E-file object id 202442269349301384. The IRS archive it was read from.

Executive and director compensation, as filed

From IRS Form 990 Part VII, Section A, filed by REEDSBURG AREA MEDICAL CENTER (employer identification number 391091432) for tax year 2022. The return lists this hospital as its one hospital facility.

NameTitleRoleReportable comp, from this organizationReportable comp, from related organizationsOther compensation
ANTHONY RUZGAPHYSICIANHighest-compensated employee$485,719$0$40,790
BARRY BORCHERTCFOOfficer$294,522$0$61,658
BECKY PETERSONTRUSTEETrustee/director$0$0$0
BOB BASSCHAIRPERSONTrustee/director, Officer$0$0$0
CHRISTINE TRAUTMANPHYSICIANHighest-compensated employee$443,512$0$17,855
CHRISTOPHER BJORKLUNDANESTHESIOLOGIST/FOUNDATION LIAISONHighest-compensated employee$380,370$0$68,990
CHRISTOPHER DALE MDPHYSICIANHighest-compensated employee$1,080,782$0$39,730
CHRISTOPHER WENNINGER MDMEDICAL ADVISOR/TRUSTEETrustee/director$834,536$0$41,449
DEREK HORKANVICE CHAIRPERSONTrustee/director, Officer$1,650$0$0
DON LICHTE JRTRUSTEETrustee/director$0$0$0
JOEL GROSKREUTZTRUSTEETrustee/director$0$0$0
JULIE ADELMANTRUSTEETrustee/director$0$0$0
KRISTI BROWNTREASURERTrustee/director, Officer$0$0$0
RAYNELLE SYFTESTADSECRETARYTrustee/director, Officer$1,250$0$0
RICHIE STRUTZTRUSTEETrustee/director$0$0$0
ROBERT VAN MEETERENCEO / PRESIDENTOfficer$466,205$0$62,543
SARAH PERGANDEPHYSICIANHighest-compensated employee$483,415$0$29,334
THOMAS WOOD MDTRUSTEE/PHYSICIANTrustee/director$346,358$0$25,279

E-file object id 202442269349301384. 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 521351. 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 10, 2026.