Velarion Records

Critical access hospital · Montour Falls, New York · 25 beds · CMS certification number 331313

Xtensys

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS June 25, 2026. 21 years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue
$80.6M
$80,645,338 · G-3 line 3
Operating expenses
$59.1M
$59,055,024 · G-3 line 4
Result from patient care
$21.6M
$21,590,314 · G-3 line 5
Margin on patient care
26.8%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $7.9M in its first year on file (2005) to $80.6M in 2025.
  • Its result from patient care: −$47.2M (2023), −$3.5M (2024), $21.6M (2025).
  • 3 of the 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 1.2% of its inpatient days and Medicare for 33.7%.

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.

Net patient revenueOperating expenses
2005
settled
$7.9M
$9.6M
2006
settled with audit
$27.5M
$28.4M
2007
settled with audit
$29.0M
$29.6M
2008
settled with audit
$27.3M
$30.3M
2009
settled with audit
$29.1M
$29.7M
2010
settled with audit
$30.0M
$31.6M
2011
settled with audit
$29.2M
$31.7M
2012
settled with audit
$26.9M
$30.0M
2013
settled with audit
$27.7M
$30.0M
2014
settled
$28.4M
$31.6M
2015
reopened
$28.3M
$32.9M
2016
settled
$30.7M
$32.5M
2017
settled
$31.4M
$32.3M
2018
settled
$33.4M
$34.4M
2019
settled
$32.9M
$34.5M
2020
settled
$32.3M
$37.3M
2021
settled
$34.1M
$38.5M
2022
settled
$34.8M
$42.8M
2023
as submitted
not filed
$47.2M
2024
as submitted
$47.8M
$51.3M
2025
as submitted
$80.6M
$59.1M

Beside its peers

Critical access hospitals in New York with 25 to 49 beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Xtensys25$80,645,338$59,055,02426.8%
Delaware Valley Hospital, Walton25$45,030,896$35,835,32420.4%
Elizabethtown Community Hospital, Elizabethtown25$75,346,366$72,091,5024.3%
Ellenville Regional Hospital, Ellenville25$28,619,399$31,718,688−10.8%
Little Falls Hospital, Little Falls25$53,603,873$46,186,73213.8%
River Hospital, Alexandria Bay25$26,686,575$30,861,263−15.6%

Patients and payers

Discharges
355
S-3 line 14, col 15
Inpatient days
3,794
S-3 line 14, col 8
Beds in use, on an average day
10.4
days ÷ days in year
Occupancy
41.6%
days ÷ bed days
Medicare share of days
33.7%
S-3 cols 6 ÷ 8
Medicaid share of days
1.2%
S-3 cols 7 ÷ 8

Who owns it

Related organizations on its own cost report: CAYUGA MEDICAL CENTER, healthcare - hospitals.

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

Community benefit, as filed

From IRS Form 990 Schedule H, Part I, filed by SCHUYLER HOSPITAL INC (employer identification number 150533564) for tax year 2023. The return lists this hospital as its one hospital facility.

FigureAs filedWhere it comes from
Total community benefit expense (line 7k)$12,825,675IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><NetCommunityBenefitExpnsAmt>
Financial assistance at cost (line 7a)$1,217,156IRS Form 990 Schedule H, Part I, <FinancialAssistanceAtCostTyp><NetCommunityBenefitExpnsAmt>
Medicaid (line 7b)$7,392,281IRS Form 990 Schedule H, Part I, <UnreimbursedMedicaidGrp><NetCommunityBenefitExpnsAmt>
Financial assistance and means-tested government programs (line 7d)$8,609,437IRS Form 990 Schedule H, Part I, <TotalFinancialAssistanceTyp><NetCommunityBenefitExpnsAmt>
Other benefits (line 7j)$4,216,238IRS Form 990 Schedule H, Part I, <TotalOtherBenefitsGrp><NetCommunityBenefitExpnsAmt>
Total, fraction of total expense (line 7k, column f)0.2717IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><TotalExpensePct>

E-file object id 202403139349302090. The IRS archive it was read from.

Executive and director compensation, as filed

From IRS Form 990 Part VII, Section A, filed by SCHUYLER HOSPITAL INC (employer identification number 150533564) for tax year 2023. The return lists this hospital as its one hospital facility.

NameTitleRoleReportable comp, from this organizationReportable comp, from related organizationsOther compensation
Ashraf SabahatPhysicianHighest-compensated employee$411,377$0$62,113
Ben SaksPhysicianHighest-compensated employee$345,184$0$60,331
Cris DonovanBoard MemberTrustee/director$0$0$0
Eunice NayoBoard Member and PhysicianTrustee/director$0$23,300$0
Fred WickhamBoard MemberTrustee/director$0$0$0
Gary KoretzkyDirectorTrustee/director$0$0$0
Greg HartzTreasurerTrustee/director, Officer$0$0$0
Heather L ZimbaPhysicianHighest-compensated employee$233,249$0$31,556
Jagmohan SinghPhysicianHighest-compensated employee$252,032$0$53,025
James BrownBoard MemberTrustee/director$0$0$0
Jennifer WhittakerBoard MemberTrustee/director$0$0$0
Joel MalinaBoard MemberTrustee/director$0$0$0
John CollettFormer CFO/VP of FinanceTrustee/director$0$205,754$4,115
John-Paul MeadDirectorTrustee/director$0$31,886$0
Kathryn ShallenbergerSchuyler Auxiliary President, ex-officioTrustee/director$0$0$0
Kenneth ClarkeBoard MemberTrustee/director$0$0$0
La Jerne Terry CornishBoard MemberTrustee/director$0$0$0
Lauren YeePhysicianHighest-compensated employee$233,652$0$55,401
Laurie ManteBoard MemberTrustee/director$0$0$0
Martin Stallone MDPresident/CEO Cayuga Medical CenterTrustee/director$0$872,692$16,013
Paul StreeterDirectorTrustee/director$0$0$0
Paula YoungerVice-ChairTrustee/director, Officer$0$0$0
R Brooke HollisBoard MemberTrustee/director$0$0$0
Rebecca GouldCHS President/CFOTrustee/director$418,607$0$56,769
Suzanne BlowersSecretaryTrustee/director, Officer$0$0$0
Thomas LiVigneChairTrustee/director, Officer$0$0$0
Yvette ConyersDirectorTrustee/director$0$0$0

E-file object id 202403139349302090. The IRS archive it was read from.

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 331313. 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 25, 2026.