Velarion Records

Critical access hospital · Williamstown, Kentucky · 9 beds · CMS certification number 181311

St. Elizabeth Healthcare Grant

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS June 23, 2026. 25 years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue
$53.9M
$53,939,417 · G-3 line 3
Operating expenses
$35.7M
$35,731,083 · G-3 line 4
Result from patient care
$18.2M
$18,208,334 · G-3 line 5
Margin on patient care
33.8%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $4.2M in its first year on file (2001) to $53.9M in 2025.
  • Its result from patient care: $14.6M (2023), $17.7M (2024), $18.2M (2025).
  • All 5 critical access hospital peers below with a margin on file also report a gain on patient care for fiscal year 2025.
  • Medicaid paid for 0.4% of its inpatient days and Medicare for 29.4%.

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

25 years of filings

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

Net patient revenueOperating expenses
2001
as submitted
$4.2M
$3.6M
2002
settled
$8.8M
$8.6M
2003
settled
$10.2M
$8.1M
2004
settled
$12.6M
$9.2M
2005
settled
$12.8M
$10.0M
2006
settled
$14.9M
$13.0M
2007
settled
$16.5M
$14.3M
2008
reopened
$19.0M
$15.5M
2009
settled
$20.7M
$16.2M
2010
reopened
$20.7M
$17.0M
2011
reopened
$23.6M
$18.5M
2012
reopened
$22.1M
$17.6M
2013
reopened
$17.1M
$14.8M
2014
reopened
$17.3M
$14.3M
2015
settled
$17.7M
$12.5M
2016
settled
$14.7M
$14.2M
2017
settled
$22.0M
$17.6M
2018
settled
$23.4M
$19.3M
2019
settled
$28.8M
$19.5M
2020
settled
$26.5M
$26.0M
2021
settled
$30.7M
$27.4M
2022
settled
$33.7M
$31.0M
2023
settled
$48.2M
$33.6M
2024
settled
$51.7M
$33.9M
2025
as submitted
$53.9M
$35.7M

Beside its peers

Hospitals of the same type (critical access hospital), nearest in size, from Kentucky first; each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
St. Elizabeth Healthcare Grant9$53,939,417$35,731,08333.8%
Casey County Hospital District, Liberty24$61,236,159$35,346,17742.3%
The James B Haggin Memorial Hospital, Harrodsburg25$47,494,362$36,848,54422.4%
Mercy Health-Marcum and Wallace Hospital, Irvine25$30,288,351$29,817,9041.6%
Arh Our Lady of the Way, Martin25$25,736,171$23,709,3387.9%
Trigg County Hospital, Cadiz25$28,563,920$26,952,9835.6%

Patients and payers

Discharges
125
S-3 line 14, col 15
Inpatient days
567
S-3 line 14, col 8
Beds in use, on an average day
1.6
days ÷ days in year
Occupancy
17.3%
days ÷ bed days
Medicare share of days
29.4%
S-3 cols 6 ÷ 8
Medicaid share of days
0.4%
S-3 cols 7 ÷ 8

Who owns it

Related organizations on its own cost report: ST. ELIZABETH, home office; TRI STATE LAUND, laundry.

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

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More critical access hospitals in Kentucky

Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 181311. 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 June 23, 2026.