Velarion Records

Critical access hospital · Perry, Florida · 25 beds · CMS certification number 101314

Doctors Memorial Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended May 31, 2025, as submitted, stamped by CMS November 6, 2025. Two years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue
$24.1M
$24,069,303 · G-3 line 3
Operating expenses
$28.2M
$28,193,906 · G-3 line 4
Result from patient care
−$4.1M
−$4,124,603 · G-3 line 5
Margin on patient care
−17.1%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $12.3M in its first year on file (2024) to $24.1M in 2025.
  • Its result from patient care: −$1.8M (2024), −$4.1M (2025).
  • 3 of the 5 critical access hospital peers below with a margin on file also report a loss on patient care for fiscal year 2025.

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

Two years of filings

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

Net patient revenueOperating expenses
2024
settled
$12.3M
$14.1M
2025
as submitted
$24.1M
$28.2M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
Doctors Memorial Hospital25$24,069,303$28,193,906−17.1%
Adventhealth Wauchula, Wauchula25$41,027,277$36,945,02310.0%
George E Weems Memorial Hospital, Apalachicola25$7,774,183$13,992,446−80.0%
Lake Butler Hospital, Lake Butler25$17,019,372$14,296,50316.0%
Madison County Memorial Hospital, Madison25$14,316,048$17,170,455−19.9%
Northwest Florida Community Hospital, Chipley25$45,053,487$50,913,320−13.0%

Patients and payers

Discharges
386
S-3 line 14, col 15
Inpatient days
3,653
S-3 line 14, col 8
Beds in use, on an average day
10.0
days ÷ days in year
Occupancy
40.0%
days ÷ bed days
Medicare share of days
37.8%
S-3 cols 6 ÷ 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 DOCTORS' MEMORIAL HOSPITAL INC (employer identification number 593122517) 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)$381,589IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><NetCommunityBenefitExpnsAmt>
Financial assistance at cost (line 7a)$89,877IRS Form 990 Schedule H, Part I, <FinancialAssistanceAtCostTyp><NetCommunityBenefitExpnsAmt>
Medicaid (line 7b)$291,712IRS Form 990 Schedule H, Part I, <UnreimbursedMedicaidGrp><NetCommunityBenefitExpnsAmt>
Financial assistance and means-tested government programs (line 7d)$381,589IRS Form 990 Schedule H, Part I, <TotalFinancialAssistanceTyp><NetCommunityBenefitExpnsAmt>
Total, fraction of total expense (line 7k, column f)0.0176IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><TotalExpensePct>

E-file object id 202421069349302467. The IRS archive it was read from.

Executive and director compensation, as filed

From IRS Form 990 Part VII, Section A, filed by DOCTORS' MEMORIAL HOSPITAL INC (employer identification number 593122517) for tax year 2022. The return lists this hospital as its one hospital facility.

NameTitleRoleReportable comp, from this organizationReportable comp, from related organizationsOther compensation
CARA PAPPASAPRNHighest-compensated employee$121,265$0$3,070
CHRIS SCHMIDTCEOOfficer$318,709$0$0
DEBRA MCGREWBOARD MEMBERTrustee/director$0$0$0
DOUG FAIRCLOTHCFOOfficer$130,720$0$0
JENNIFER SHOPLACKSECRETARYTrustee/director, Officer$0$0$0
KEN ARNOLDTREASURERTrustee/director, Officer$0$0$0
LAUREN FAISON-CLARKBOARD MEMBERTrustee/director$0$0$0
MARK O'BRYANTBOARD MEMBERTrustee/director$0$0$0
MILES NELSON MDPHYSICIANHighest-compensated employee$368,965$0$16,492
NELDA PARKER-PACEBOARD MEMBERTrustee/director$0$0$0
PAT BARBAREECHAIRMANTrustee/director, Officer$0$0$0
PRISCILLA TRIPPVICE CHAIRMATrustee/director, Officer$0$0$0
RAMEL FAILMA MDCHIEF OF STAHighest-compensated employee$302,912$0$19,737
TAE YU MDPHYSICIANHighest-compensated employee$319,503$0$20,207
TERRELL HEARTON-JONESRNHighest-compensated employee$139,424$0$10,030

E-file object id 202421069349302467. The IRS archive it was read from.

Follow this hospital, free

We send this record now and tell you when it files again.

More critical access hospitals in Florida

From the publisher of Velarion Records

Velarion Intel

Independent Decision-Grade Intelligence

Compensation and corporate governance intelligence for advisors, investors and companies. Executive and board pay for public companies, benchmarked against peers.

See what Intel shows

Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2024.ZIP, form CMS-2552-10, filed under CMS certification number 101314. Patients and payers: worksheet S-3 Part I of the same filing.

How this page was built: the CMS Medicare cost report, file HOSP10FY2024.ZIP, read November 6, 2025.