Velarion Records

Short-term acute care hospital · Holly Springs, Mississippi · 20 beds · CMS certification number 250174

Progressive Health of Holly Springs

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS August 3, 2026. Two years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$1.8M
$1,787,532 · G-3 line 3
Operating expenses
$5.2M
$5,163,189 · G-3 line 4
Result from patient care
−$3.4M
−$3,375,657 · G-3 line 5
Margin on patient care
−188.8%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $989K in its first year on file (2024) to $1.8M in 2025.
  • Its result from patient care: −$713K (2024), −$3.4M (2025).
  • All 5 short-term acute care hospital peers below with a margin on file also report a loss on patient care for fiscal year 2025.
  • KENNETH WILLIAMS holds 100% of it, on its Medicare enrollment.

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
as submitted
$989K
$1.7M
2025
as submitted
$1.8M
$5.2M

Beside its peers

Short-term acute care hospitals in Mississippi with under 25 beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Progressive Health of Holly Springs20$1,787,532$5,163,189−188.8%
BMH-Booneville, Booneville18$25,148,355$29,664,515−18.0%
Beacham Memorial Hospital, Magnolia17$7,660,778$8,334,899−8.8%
Highland Hills Medical Center, Senatobia15$12,561,338$13,434,939−7.0%
Jasper General Hospital, Bay Springs20$17,461,156$17,718,960−1.5%
Winston Medical Center, Louisville14$30,638,223$34,726,656−13.3%

Patients and payers

Discharges
71
S-3 line 14, col 15
Inpatient days
71
S-3 line 14, col 8
Beds in use, on an average day
0.2
days ÷ days in year
Occupancy
1.0%
days ÷ bed days
Medicare share of days
57.8%
S-3 cols 6 ÷ 8

Who owns it

  • KENNETH WILLIAMS100%

Type of control on its cost report: proprietary, corporation.

Owners of 5% or more, from CMS’s hospital ownership file (Medicare enrollment, October 1, 2026).

Follow this hospital, free

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

More short-term acute care hospitals in Mississippi

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 HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 250174. Patients and payers: worksheet S-3 Part I of the same filing. Ownership: CMS Hospital All Owners and Hospital Enrollments.

How this page was built: the CMS Medicare cost report, file HOSP10FY2025.ZIP, read August 3, 2026.