Velarion Records

Medicare cost report · CMS certification number 141302

MIDWEST MEDICAL CENTER

GALENA, Illinois · critical access hospital

Buy the report: $295Filing alerts: $390/year · The register under license: from $25,000/year

Figures for October 1, 2024 to September 30, 2025 — a reporting period of 364 days, on form CMS-2552-10, as submitted.

This hospital also appears on the 340B covered-entity register: Midwest Medical Center.

Finances, as filed

From this hospital’s Medicare cost report for the year ended September 30, 2025.

FigureAs filedWhere it comes from
Total patient revenue$72,932,628CMS-2552-10 worksheet G300000 line 100 column 100
Contractual allowances$28,523,472CMS-2552-10 worksheet G300000 line 200 column 100
Net patient revenue$44,409,156CMS-2552-10 worksheet G300000 line 300 column 100
Total operating expenses$49,181,907CMS-2552-10 worksheet G300000 line 400 column 100
Income from service to patients−$4,772,751CMS-2552-10 worksheet G300000 line 500 column 100
Charity care, at charges$403,086CMS-2552-10 worksheet S100001 line 2000 column 300
Charity care, at cost$374,762CMS-2552-10 worksheet S100001 line 2300 column 300
Bad debt expense$927,545CMS-2552-10 worksheet S100001 line 2600 column 100
Bad debt other than Medicare, at cost$577,753CMS-2552-10 worksheet S100001 line 2900 column 100
Uncompensated care, at cost$952,515CMS-2552-10 worksheet S100001 line 3000 column 100
Total facility beds25CMS-2552-10 worksheet S300001 line 1400 column 200
Cost-to-charge ratio0.6229CMS-2552-10 worksheet S100001 line 100 column 100

Cost report filed under CMS certification number 141302 for October 1, 2024 to September 30, 2025, as submitted. The public file it was read from.

Community benefit, as filed

From IRS Form 990 Schedule H, Part I, filed by MIDWEST MEDICAL CENTER (employer identification number 204560540) 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)$1,078,278IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><NetCommunityBenefitExpnsAmt>
Financial assistance at cost (line 7a)$136,958IRS Form 990 Schedule H, Part I, <FinancialAssistanceAtCostTyp><NetCommunityBenefitExpnsAmt>
Medicaid (line 7b)$542,843IRS Form 990 Schedule H, Part I, <UnreimbursedMedicaidGrp><NetCommunityBenefitExpnsAmt>
Financial assistance and means-tested government programs (line 7d)$679,801IRS Form 990 Schedule H, Part I, <TotalFinancialAssistanceTyp><NetCommunityBenefitExpnsAmt>
Other benefits (line 7j)$398,477IRS Form 990 Schedule H, Part I, <TotalOtherBenefitsGrp><NetCommunityBenefitExpnsAmt>
Total, fraction of total expense (line 7k, column f)0.0301IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><TotalExpensePct>

E-file object id 202412279349302771. The IRS archive it was read from.

Executive and director compensation, as filed

From IRS Form 990 Part VII, Section A, filed by MIDWEST MEDICAL CENTER (employer identification number 204560540) for tax year 2022. The return lists this hospital as its one hospital facility.

NameTitleRoleReportable comp, from this organizationReportable comp, from related organizationsOther compensation
CARTER NEWTONVICE CHAIRTrustee/director, Officer$0$0$0
CHRIS CURRANBOARD MEMBERTrustee/director$0$0$0
DONNA FERRYSECRETARYTrustee/director, Officer$0$0$0
DOUG RAHDENBOARD MEMBERTrustee/director$0$0$0
DR BARB SLOANCHAIRTrustee/director, Officer$0$0$0
ELIZABETH GULLONE MDFAMILY PRACTICE PROVIDER/PHYSICIANHighest-compensated employee$204,004$0$22,924
GREG HARMSTON MDPHYSICIANHighest-compensated employee$312,534$0$34,956
HELEN KILGOREBOARD MEMBERTrustee/director$0$0$0
JOEL HOLLANDTREASURERTrustee/director, Officer$0$0$0
JOHN LORENZENBOARD MEMBERTrustee/director$0$0$0
KELLI JACKSONCFOOfficer$140,599$0$28,540
KENNETH SCHIFFMAN MDORTHOPEDIC SURGEONHighest-compensated employee$448,977$0$42,030
LYNN ZEHNDERBOARD MEMBERTrustee/director$0$0$0
MATTHEW CAROLLBOARD MEMBERTrustee/director$0$0$0
MATTHEW GULLONE MDPHYSICIANHighest-compensated employee$296,297$0$19,824
PASTOR MIKE NESBITBOARD MEMBERTrustee/director$0$0$0
RICHARD FARRELL MDPHYSICIANHighest-compensated employee$334,322$0$28,311
TIM VINCENTBOARD MEMBERTrustee/director$0$0$0
TRACY BAUERCEOOfficer$357,893$0$14,430

E-file object id 202412279349302771. The IRS archive it was read from.

This hospital’s current CEO’s pay is also benchmarked against its state, facility-class and bed-band peers in the 990 Hospital CEO Pay Benchmark.

Where this hospital sits among its peers

A position, not a grade. Each line names the figure, how it is measured, and the hospitals it is placed among: critical access hospitals in the same state and the same bed-size band, each on its latest filed year. Under it, the same figure across every hospital that filed for the year — a larger set, and a different one.

  • 45thpercentile of 40 hospitals in IL, same facility class, 25 to 49 bedsNet patient revenue, in dollars, as filed

Net patient revenue across every hospital that filed for 2025, in every state and of every size, with this one marked.

Net patient revenue (CMS-2552-10 worksheet G300000 line 300 column 100)

This hospital$13,421,290$688,185,845

Middle half between $26,780,592 and $275,353,989, median $73,049,131, across 5,659 hospitals that filed for 2025, in every state and of every size.

  • 55thpercentile of 40 hospitals in IL, same facility class, 25 to 49 bedsTotal operating expenses, in dollars, as filed

Total operating expenses across every hospital that filed for 2025, in every state and of every size, with this one marked.

Total operating expenses (CMS-2552-10 worksheet G300000 line 400 column 100)

This hospital$15,363,143$674,207,581

Middle half between $27,953,478 and $268,914,289, median $72,935,955, across 5,819 hospitals that filed for 2025, in every state and of every size.

  • 50thpercentile of 38 hospitals in IL, same facility class, 25 to 49 bedsCharity care, at cost, in dollars, as filed
  • 23rdpercentile of 39 hospitals in IL, same facility class, 25 to 49 bedsUncompensated care, at cost, in dollars, as filed
  • 100thpercentile of 40 hospitals in IL, same facility class, 25 to 49 bedsTotal facility beds, a count of beds, as filed

Total facility beds across every hospital that filed for 2025, in every state and of every size, with this one marked.

Total facility beds (CMS-2552-10 worksheet S300001 line 1400 column 200)

This hospital18338

Middle half between 25 and 168, median 64, across 5,777 hospitals that filed for 2025, in every state and of every size.

  • 95thpercentile of 39 hospitals in IL, same facility class, 25 to 49 bedsCost-to-charge ratio, the ratio, as filed

Cost-to-charge ratio across every hospital that filed for 2025, in every state and of every size, with this one marked.

Cost-to-charge ratio (CMS-2552-10 worksheet S100001 line 100 column 100)

This hospital0.12330.6732

Middle half between 0.1809 and 0.4503, median 0.2651, across 4,413 hospitals that filed for 2025, in every state and of every size.

Peers and history

Every Medicare cost report this hospital has filed, with the date CMS stamped each one, and five hospitals of its own size in Illinois beside it — each figure with the cell it came from — are in one signed, dated document. The citable document with peers and history — $295.

Get an email when this record changes

One email a day naming what moved on MIDWEST MEDICAL CENTER: the field, the value before, the value after, and the date of the file that first showed it.

The filing alert follows cost reports: one named person, one hospital, invoiced once a year. The certification number arrives filled in because you are on this hospital's own record.

On March 17, 2026, a cost report was filed for fiscal year 2024. That is one line of the filing alert.

Follow this record for $390/year

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Take these figures as a spreadsheet The citable document with peers and history

Other public records in Illinois

Every figure on this page is printed as it appears in this hospital’s Medicare cost report, filed under CMS certification number 141302 on form CMS-2552-10, publication year 2025, file HOSP10FY2025.ZIP.

How this page was built: the CMS Medicare cost report, file HOSP10FY2025.ZIP, read February 23, 2026.

The full report for MIDWEST MEDICAL CENTER

Every figure on this page as a document you can keep, file or send on: the finances as filed with the worksheet, line and column each one came from, five hospitals of a similar size in the same state, the contract-pharmacy network year by year, and what changed on the record.

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