Velarion Records

Critical access hospital · Fairfield, Illinois · 25 beds · CMS certification number 141311

Fairfield Memorial Hospital

Latest filing: fiscal year ended June 30, 2025, as submitted, stamped by CMS August 29, 2025. 25 years on file, all shown below. Also on the 340B covered-entity register.

Enrolled with Medicare by Fairfield Memorial Hospital Association.

Fiscal 2025 at a glance

Net patient revenue $48.5M $48,515,496 · G-3 line 3
Operating expenses $51.9M $51,929,545 · G-3 line 4
Result from patient care −$3.4M −$3,414,049 · G-3 line 5
Margin on patient care −7.0% line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $3.9M in its first year on file (2001) to $48.5M in 2025.
  • Its result from patient care: −$1.3M (2023), −$8.8M (2024), −$3.4M (2025).
  • 2 of the 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 0.2% of its inpatient days and Medicare for 57.0%.

How these statements are drawn

25 years of filings

Net patient revenueOperating expenses

2001 as submitted margin 1.9% $3.9M $3.9M

2002 settled margin 3.6% $17.5M $16.8M

2003 settled margin 1.4% $17.9M $17.6M

2004 settled margin −4.0% $17.4M $18.1M

2005 settled margin 5.0% $20.8M $19.8M

2006 settled with audit margin −4.3% $20.6M $21.4M

2007 settled margin 11.3% $23.8M $21.1M

2008 reopened margin 20.8% $24.5M $19.4M

2009 reopened margin 17.7% $26.7M $22.0M

2010 reopened margin 18.8% $27.0M $21.9M

2011 settled margin 14.0% $27.9M $24.0M

2012 settled margin −0.2% $24.9M $25.0M

2013 settled margin −1.9% $25.1M $25.6M

2014 settled margin −1.7% $25.7M $26.1M

2015 settled margin −0.6% $27.4M $27.5M

2016 settled margin −0.5% $28.7M $28.9M

2017 settled margin −1.4% $28.4M $28.8M

2018 settled margin −2.8% $29.9M $30.7M

2019 settled margin −1.8% $31.5M $32.0M

2020 settled margin −12.8% $30.6M $34.5M

2021 settled margin −2.3% $36.2M $37.0M

2022 settled margin 1.4% $43.5M $42.9M

2023 settled margin −2.6% $50.8M $52.1M

2024 settled margin −19.4% $45.1M $53.9M

2025 as submitted margin −7.0% $48.5M $51.9M

Beside its peers

Critical access hospitals in Illinois with 25 to 49 beds, fiscal year 2025.

Hospital Beds Net patient revenue Operating expenses Margin

Fairfield Memorial Hospital 25 $48,515,496 $51,929,545 −7.0%

Carle Eureka Hospital, Eureka 25 $33,442,659 $31,215,676 6.7%

Community Hospital of Staunton, Staunton 25 $29,036,790 $23,365,935 19.5%

OSF Saint Paul Medical Center, Mendota 25 $65,140,047 $63,955,626 1.8%

Midwest Medical Center, Galena 25 $44,409,156 $49,181,907 −10.8%

Boyd Healthcare Services, Carrollton 25 $17,573,180 $19,761,600 −12.4%

Patients and payers

  • Discharges 534 S-3 line 14, col 15
  • Inpatient days 2,467 S-3 line 14, col 8
  • Beds in use, on an average day 6.8 days ÷ days in year
  • Occupancy 27.0% days ÷ bed days
  • Medicare share of days 57.0% S-3 cols 6 ÷ 8
  • Medicaid share of days 0.2% S-3 cols 7 ÷ 8

Who owns it

Related organizations on its own cost report: DSSI (15%), mri; DEACONESS HLTH; DEASONESS HOSP.

Control: voluntary nonprofit, other.

Community benefit, as filed

From IRS Form 990 Schedule H, Part I, filed by FAIRFIELD MEMORIAL HOSPITAL ASSOCIATION (employer identification number 370661202) 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)$6,060,891IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><NetCommunityBenefitExpnsAmt>
Financial assistance at cost (line 7a)$905,825IRS Form 990 Schedule H, Part I, <FinancialAssistanceAtCostTyp><NetCommunityBenefitExpnsAmt>
Medicaid (line 7b)$4,770,033IRS Form 990 Schedule H, Part I, <UnreimbursedMedicaidGrp><NetCommunityBenefitExpnsAmt>
Financial assistance and means-tested government programs (line 7d)$5,675,858IRS Form 990 Schedule H, Part I, <TotalFinancialAssistanceTyp><NetCommunityBenefitExpnsAmt>
Other benefits (line 7j)$385,033IRS Form 990 Schedule H, Part I, <TotalOtherBenefitsGrp><NetCommunityBenefitExpnsAmt>
Total, fraction of total expense (line 7k, column f)0.1164IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><TotalExpensePct>

E-file object id 202431289349301538. The IRS archive it was read from.

Executive and director compensation, as filed

From IRS Form 990 Part VII, Section A, filed by FAIRFIELD MEMORIAL HOSPITAL ASSOCIATION (employer identification number 370661202) for tax year 2022. The return lists this hospital as its one hospital facility.

NameTitleRoleReportable comp, from this organizationReportable comp, from related organizationsOther compensation
ALEXIS KINGCRNAHighest-compensated employee$342,472$0$9,373
AMY MARSH GRAYCFOOfficer$134,151$0$3,537
ANITA PONDSECRETARY/TREASURERTrustee/director, Officer$0$0$0
CHRISTOPHER BALLARDPHYSICIANHighest-compensated employee$359,333$0$15,483
D JAMIE POLLARDDIRECTORTrustee/director$0$0$0
DANA TAYLORCOOOfficer$139,234$0$9,039
DONNA MASTERSONDIRECTORTrustee/director$0$0$0
DOUG WILSONDIRECTORTrustee/director$0$0$0
HAZEL VESTCNO (END 07/22)Officer$93,907$0$11,465
JOEY HUNGERFORDVICE PRESIDENTTrustee/director, Officer$0$0$0
JOSH SCOTTDIRECTOR (BEG 01/23)Trustee/director$0$0$0
KATHERINE BUNTINGCEOOfficer$353,526$0$15,856
KORY BLANKORTHOPEDIC SURGEONHighest-compensated employee$731,776$0$3,167
LOUIS REMYNSEUROLOGISTHighest-compensated employee$440,887$0$5,690
MARLA LAFIKESPHYSICIANHighest-compensated employee$307,287$0$17,377
MATTHEW SENGDIRECTORTrustee/director$0$0$0
MICHAEL COPELANDDIRECTORTrustee/director$0$0$0
PATRICK MOLT MDPRESIDENT/CMOTrustee/director, Officer$104,670$0$0
RACHEL EWINGCNO (BEG 09/22)Officer$110,733$0$7,605
TOBY HUCKERDIRECTOR (END 07/22)Trustee/director$0$0$0

E-file object id 202431289349301538. The IRS archive it was read from.

Follow Fairfield Memorial Hospital, free

More critical access hospitals in Illinois

File HOSP10FY2024.ZIP, form CMS-2552-10, CMS certification number 141311.

How this page was built: the CMS Medicare cost report, file HOSP10FY2024.ZIP, read August 29, 2025.

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