Record, 9 December 2025 · CMS certification number 021313
SOUTH PENINSULA HOSPITAL: finances, community benefit and executive pay, one hospital
SOUTH PENINSULA HOSPITAL, a 340B-registered hospital in HOMER, AK, filed a Medicare cost report processed 2025-12-09 reporting net patient revenue of $153,034,373 against total operating expenses of $152,451,469, over 22 beds. The same filing reports charity care, at cost, of $1,446,532. Its IRS Form 990 Schedule H, for tax year 2022, reports total community benefit expense of $21,885,660, 19.8% of total expense. That same Form 990 filing's highest-reported executive or director pay, among 22 people the filing lists, went to Brent Adcox, Orthopaedic Surgeon, at $1,601,347 in reportable compensation from the organization. The cost report and the Form 990 are filed to different agencies under different rules; the two are matched here by the street address and ZIP code they share, since the cost report carries no employer identification number.
Figures cited
| Figure | As filed | Source |
|---|---|---|
| Net patient revenue | 153034373 | hosp_cost_reports.net_patient_revenue |
| Total operating expenses | 152451469 | hosp_cost_reports.total_operating_expenses |
| Total facility beds | 22 | hosp_cost_reports.total_facility_beds |
| Charity care, at cost | 1446532 | hosp_cost_reports.charity_care_cost |
| Total community benefit expense | 21885660 | hlth340b_schedule_h_community_benefit.total_community_benefit_cost |
| Community benefit, percent of total expense | 0.19752 | hlth340b_schedule_h_community_benefit.total_community_benefit_pct |
| Reportable compensation from the organization | 1601347 | hlth340b_officer_pay.reportable_comp_from_org |
Full record: the cost-report record for CMS certification number 021313. Every figure above is printed as its source document printed it.