Critical access hospital · Claremont, New Hampshire · 25 beds · CMS certification number 301308
Valley Regional Hospital
Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended September 30, 2025, as submitted, stamped by CMS March 5, 2026. 21 years on file, every one shown below. Also on the 340B covered-entity register.
Fiscal 2025 at a glance
What stands out
- Net patient revenue rose from $32.5M in its first year on file (2005) to $69.2M in 2025.
- Its result from patient care: $947K (2023), −$699K (2024), −$1.3M (2025).
- 3 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 0.3% of its inpatient days and Medicare for 49.8%.
Every statement is drawn from figures on this page; nothing is estimated.
21 years of filings
Net patient revenue against operating expenses, each year as filed.
settled with audit
settled
settled
settled
settled
reopened
settled
settled
settled
settled
settled
settled
settled
settled
settled
settled
settled
amended
as submitted
as submitted
as submitted
Beside its peers
Critical access hospitals in New Hampshire with 25 to 49 beds, each on fiscal year 2025.
| Hospital | Beds | Net patient revenue | Operating expenses | Margin |
|---|---|---|---|---|
| Valley Regional Hospital | 25 | $69,210,150 | $70,519,643 | −1.9% |
| Cottage Hospital, Woodsville | 25 | $38,107,048 | $44,055,987 | −15.6% |
| Littleton Regional Healthcare, Littleton | 25 | $112,534,882 | $132,750,970 | −18.0% |
| Mainehealth Memorial Hospital, North Conway | 25 | $132,586,530 | $127,016,401 | 4.2% |
| New London Hospital, New London | 25 | $101,980,676 | $97,887,935 | 4.0% |
| Hartzler Health, Lancaster | 25 | $74,941,640 | $88,886,074 | −18.6% |
Patients and payers
- Discharges
- 625S-3 line 14, col 15
- Inpatient days
- 4,140S-3 line 14, col 8
- Beds in use, on an average day
- 11.4days ÷ days in year
- Occupancy
- 45.4%days ÷ bed days
- Medicare share of days
- 49.8%S-3 cols 6 ÷ 8
- Medicaid share of days
- 0.3%S-3 cols 7 ÷ 8
Who owns it
Related organizations on its own cost report: VALLEY REGIONAL HEALTHCAR, parent co (non-profit); DARTMOUTH-HITCH, home office.
Type of control on its cost report: voluntary nonprofit, other.
Community benefit, as filed
From IRS Form 990 Schedule H, Part I, filed by Valley Regional Hospital Inc (employer identification number 020222118) for tax year 2022. The return lists this hospital as its one hospital facility.
| Figure | As filed | Where it comes from |
|---|---|---|
| Total community benefit expense (line 7k) | $6,089,173 | IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><NetCommunityBenefitExpnsAmt> |
| Financial assistance at cost (line 7a) | $1,856,098 | IRS Form 990 Schedule H, Part I, <FinancialAssistanceAtCostTyp><NetCommunityBenefitExpnsAmt> |
| Medicaid (line 7b) | $3,555,643 | IRS Form 990 Schedule H, Part I, <UnreimbursedMedicaidGrp><NetCommunityBenefitExpnsAmt> |
| Financial assistance and means-tested government programs (line 7d) | $5,411,741 | IRS Form 990 Schedule H, Part I, <TotalFinancialAssistanceTyp><NetCommunityBenefitExpnsAmt> |
| Other benefits (line 7j) | $677,432 | IRS Form 990 Schedule H, Part I, <TotalOtherBenefitsGrp><NetCommunityBenefitExpnsAmt> |
| Total, fraction of total expense (line 7k, column f) | 0.0981 | IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><TotalExpensePct> |
E-file object id 202432009349300133. The IRS archive it was read from.
Executive and director compensation, as filed
From IRS Form 990 Part VII, Section A, filed by Valley Regional Hospital Inc (employer identification number 020222118) for tax year 2022. The return lists this hospital as its one hospital facility.
| Name | Title | Role | Reportable comp, from this organization | Reportable comp, from related organizations | Other compensation |
|---|---|---|---|---|---|
| Alex Scott | Trustee | Trustee/director | $0 | $0 | $0 |
| Bryan Huot | Secretary | Trustee/director, Officer | $0 | $0 | $0 |
| Charles M Sawyer | Physician | Highest-compensated employee | $379,049 | $0 | $19,685 |
| Cynthia L Burr | Past Trustee | Trustee/director | $0 | $0 | $0 |
| Eric Crainich | Trustee | Trustee/director | $0 | $0 | $0 |
| Fernanda Magalhaes De Melo Manara M | Physician | Highest-compensated employee | $334,568 | $0 | $33,326 |
| Gailyn Thomas MD | Past Trustee | Trustee/director | $194,633 | $0 | $0 |
| James Borchert | Trustee | Trustee/director | $0 | $0 | $0 |
| Jean Shaw | Past CFO | Officer | $0 | $178,428 | $41,390 |
| Jeffrey A Hanissian | Physician | Highest-compensated employee | $370,108 | $0 | $43,226 |
| Jocelyn Caple MD | Interim President & CEO | Trustee/director, Officer | $0 | $421,499 | $0 |
| Joel P Herrington | Physician | Highest-compensated employee | $329,260 | $0 | $32,757 |
| Joshua Rudner | Co-CMO | Key employee | $323,752 | $0 | $18,377 |
| Juliann Barrett DO | Co-CMO | Trustee/director | $311,703 | $0 | $7,944 |
| Katherine Lajoie | Trustee | Trustee/director | $0 | $0 | $0 |
| Lisa Richmond | Treasurer | Trustee/director, Officer | $0 | $0 | $0 |
| Michael Fuerst | Trustee | Trustee/director | $0 | $0 | $0 |
| Patricia Putnam | Chair | Trustee/director, Officer | $0 | $0 | $0 |
| Samuel Shields | Trustee | Trustee/director | $0 | $0 | $0 |
| Scott Bouranis | Trustee | Trustee/director | $0 | $0 | $0 |
| Steve Gordon | Past Interim CEO | Trustee/director, Officer | $0 | $0 | $0 |
| Terri Decker | Vice Chair | Trustee/director, Officer | $0 | $0 | $0 |
| Thomas Marks | Physician | Highest-compensated employee | $613,795 | $0 | $0 |
| Tom Sullivan | Trustee | Trustee/director | $0 | $0 | $0 |
E-file object id 202432009349300133. The IRS archive it was read from.
Follow this hospital, free
We send this record now and tell you when it files again.
More critical access hospitals in New Hampshire
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.
Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 301308. 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 March 5, 2026.