Critical access hospital · Kingwood, West Virginia · 25 beds · CMS certification number 511312
VH Mon Preston Memorial Hospital
Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS June 2, 2026. 23 years on file, all shown below. Also on the 340B covered-entity register.
Enrolled with Medicare by Preston Memorial Hospital.
Fiscal 2025 at a glance
What stands out
- Net patient revenue rose from $12.3M in its first year on file (2003) to $82.5M in 2025.
- Its result from patient care: −$2.4M (2023), −$2.5M (2024), $15.9M (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 2.7% of its inpatient days and Medicare for 30.5%.
23 years of filings
2003 settled margin −1.7% $12.3M $12.5M
2004 settled margin −8.4% $13.3M $14.5M
2005 settled margin −1.0% $14.5M $14.6M
2006 settled margin −2.1% $15.2M $15.5M
2007 settled margin −0.7% $16.3M $16.4M
2008 settled margin −1.0% $17.6M $17.7M
2009 settled margin −3.4% $18.9M $19.5M
2010 settled with audit margin −1.1% $19.5M $19.7M
2011 settled margin 2.7% $23.2M $22.6M
2012 settled margin 3.0% $24.2M $23.5M
2013 settled margin 1.7% $25.6M $25.1M
2014 settled margin 2.2% $27.5M $26.9M
2015 settled margin 7.4% $16.9M $15.6M
2016 settled margin −4.8% $33.5M $35.1M
2017 settled margin −5.1% $36.5M $38.4M
2018 settled margin −4.9% $37.9M $39.7M
2019 settled margin −4.1% $42.2M $43.9M
2020 settled margin −10.1% $40.5M $44.6M
2021 as submitted margin 34.8% $67.8M $44.2M
2022 as submitted margin −5.9% $49.3M $52.2M
2023 as submitted margin −4.8% $50.5M $52.9M
2024 as submitted margin −4.3% $58.0M $60.5M
2025 as submitted margin 19.3% $82.5M $66.6M
Beside its peers
Critical access hospitals in West Virginia with 25 to 49 beds, fiscal year 2025.
Hospital Beds Net patient revenue Operating expenses Margin
VH Mon Preston Memorial Hospital 25 $82,539,603 $66,643,509 19.3%
Braxton County Memorial Hospital, Gassaway 25 $37,722,986 $33,187,449 12.0%
Grafton City Hospital, Grafton 25 $15,512,356 $17,820,719 −14.9%
Minnie Hamilton Health System, Grantsville 25 $29,094,805 $31,655,817 −8.8%
Roane General Hospital, Spencer 25 $69,629,924 $65,511,923 5.9%
Vandalia Health Webster Memorial Hospital, Webster Springs 25 $26,853,780 $25,388,541 5.5%
Patients and payers
- Discharges 476 S-3 line 14, col 15
- Inpatient days 2,593 S-3 line 14, col 8
- Beds in use, on an average day 7.1 days ÷ days in year
- Occupancy 28.4% days ÷ bed days
- Medicare share of days 30.5% S-3 cols 6 ÷ 8
- Medicaid share of days 2.7% S-3 cols 7 ÷ 8
Who owns it
Indirect owner: VANDALIA HEALTH INC
Related organizations on its own cost report: MGS, management.
Other hospitals with the same owner: Vandalia Health Webster Memorial Hospital (WV), Camc Plateau Medical Center (WV), Vandalia Health Broaddus Hospital (WV), Vandalia Health Charleston Area Medical Center (WV), Mon Health Medical Center (WV), Vandalia Health Davis Medical Center (WV), and 3 more.
Control: voluntary nonprofit, other.
Community benefit, as filed
From IRS Form 990 Schedule H, Part I, filed by PRESTON MEMORIAL HOSPITAL CORPORATION (employer identification number 311097818) for tax year 2023. The return lists this hospital as its one hospital facility.
| Figure | As filed | Where it comes from |
|---|---|---|
| Total community benefit expense (line 7k) | $846,035 | IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><NetCommunityBenefitExpnsAmt> |
| Financial assistance and means-tested government programs (line 7d) | $0 | IRS Form 990 Schedule H, Part I, <TotalFinancialAssistanceTyp><NetCommunityBenefitExpnsAmt> |
| Other benefits (line 7j) | $846,035 | IRS Form 990 Schedule H, Part I, <TotalOtherBenefitsGrp><NetCommunityBenefitExpnsAmt> |
| Total, fraction of total expense (line 7k, column f) | 0.017 | IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><TotalExpensePct> |
E-file object id 202433199349301323. The IRS archive it was read from.
Executive and director compensation, as filed
From IRS Form 990 Part VII, Section A, filed by PRESTON MEMORIAL HOSPITAL CORPORATION (employer identification number 311097818) for tax year 2023. 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 |
|---|---|---|---|---|---|
| BONNIE J FORMAN | CHIEF OF STAFF (END 05/23) | Trustee/director | $0 | $0 | $0 |
| DAVID FOURQUREAN | PHYSICIAN | Highest-compensated employee | $409,393 | $0 | $39,231 |
| DAVID GOLDBERG | DIRECTOR, MHS PRES/CEO | Trustee/director, Officer | $0 | $853,663 | $36,373 |
| FRANK ABRAHAM | PHYSICIAN | Highest-compensated employee | $607,024 | $0 | $67,340 |
| JASON MCNAIR | DIRECTOR/CHIEF OF STAFF (START 05/23) | Trustee/director | $260,385 | $0 | $10,695 |
| KATHY MCNEILL | DIRECTOR | Trustee/director | $0 | $0 | $0 |
| KEVIN GESSLER | VP OF FINANCE | Officer | $0 | $248,249 | $1,153 |
| LORN WOLFE | PHYSICIAN | Highest-compensated employee | $449,874 | $0 | $53,703 |
| MARAM HAKOUM | PHYSICIAN | Highest-compensated employee | $370,233 | $0 | $25,330 |
| MARISA DOWNEY | PHYSICIAN | Highest-compensated employee | $445,624 | $0 | $40,050 |
| MELISSA LOCKWOOD | DIRECTOR/PMH CAO | Trustee/director, Officer | $0 | $289,328 | $52,848 |
| NICK TAYLOR | CHAIR | Trustee/director, Officer | $0 | $0 | $0 |
| RAY THOMPSON | VICE CHAIR | Trustee/director, Officer | $0 | $0 | $0 |
| RITA MCCROBIE | DIRECTOR | Trustee/director | $0 | $0 | $0 |
| RONALD CRITES | DIRECTOR | Trustee/director | $0 | $0 | $0 |
| TARRELL RIES | DIRECTOR | Trustee/director | $0 | $0 | $0 |
| TIM CALVERT | SECRETARY/TREASURER, FINANCE CHAIR | Trustee/director, Officer | $0 | $0 | $0 |
E-file object id 202433199349301323. The IRS archive it was read from.
Follow VH Mon Preston Memorial Hospital, free
More critical access hospitals in West Virginia
File HOSP10FY2025.ZIP, form CMS-2552-10, CMS certification number 511312. Owners of 5% or more: CMS Hospital All Owners and Hospital Enrollments, Medicare enrollment October 1, 2026.
How this page was built: the CMS Medicare cost report, file HOSP10FY2025.ZIP, read June 2, 2026.
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