Velarion Records

Critical access hospital · Red Lodge, Montana · 10 beds · CMS certification number 271326

Beartooth Billings Clinic

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2025, settled, stamped by CMS August 28, 2026. 24 years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue
$21.2M
$21,240,951 · G-3 line 3
Operating expenses
$22.1M
$22,069,912 · G-3 line 4
Result from patient care
−$829K
−$828,961 · G-3 line 5
Margin on patient care
−3.9%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $2.4M in its first year on file (2002) to $21.2M in 2025.
  • Its result from patient care: −$1.2M (2023), −$1.3M (2024), −$829K (2025).
  • All 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 3.2% of its inpatient days and Medicare for 44.7%.

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

24 years of filings

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

Net patient revenueOperating expenses
2002
settled
$2.4M
$2.6M
2003
reopened
$4.8M
$5.2M
2004
as submitted
$5.1M
$5.7M
2005
settled
$5.0M
$5.7M
2006
settled
$5.6M
$6.1M
2007
settled
$5.5M
$6.4M
2008
settled
$6.1M
$6.6M
2009
settled
$6.0M
$6.6M
2010
reopened
$6.5M
$7.2M
2011
as submitted
$8.7M
$10.2M
2012
settled
$10.3M
$11.2M
2013
settled
$10.9M
$12.5M
2014
settled
$11.0M
$12.7M
2015
settled
$6.5M
$6.2M
2016
settled
$11.9M
$13.6M
2017
settled
$13.2M
$14.0M
2018
settled
$14.6M
$14.6M
2019
settled
$14.5M
$15.0M
2020
settled
$15.2M
$15.8M
2021
settled
$16.6M
$16.9M
2022
settled
$18.0M
$18.1M
2023
settled
$18.4M
$19.6M
2024
settled
$19.4M
$20.7M
2025
settled
$21.2M
$22.1M

Beside its peers

Critical access hospitals in Montana with under 25 beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Beartooth Billings Clinic10$21,240,951$22,069,912−3.9%
Big Sandy Medical Center, Big Sandy8$5,538,165$8,155,261−47.3%
Clark Fork Valley Hospital, Plains16$31,919,973$34,800,648−9.0%
Deer Lodge Medical Center, Deer Lodge16$25,708,689$26,005,690−1.2%
Madison Valley Medical Center, Ennis10$14,448,921$18,469,811−27.8%
Stillwater Billings Clinic, Columbus16$14,894,359$15,150,311−1.7%

Patients and payers

Discharges
81
S-3 line 14, col 15
Inpatient days
1,108
S-3 line 14, col 8
Beds in use, on an average day
3.0
days ÷ days in year
Occupancy
30.4%
days ÷ bed days
Medicare share of days
44.7%
S-3 cols 6 ÷ 8
Medicaid share of days
3.2%
S-3 cols 7 ÷ 8

Who owns it

Related organizations on its own cost report: BILLINGS CLINIC (100%).

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

Follow this hospital, free

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

More critical access hospitals in Montana

Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2024.ZIP, form CMS-2552-10, filed under CMS certification number 271326. 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 August 28, 2026.