Newman Memorial Hospital
How we got $18.1M
Based on IRS Form 990 (2024).
Employees over time
▲ 98% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 54 | $11.9M |
| 2024 | Form 5500 | 98 | $21.6M |
| 2025 | Form 5500 | 107 | $23.6M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
What we know
What they do
Newman Memorial Hospital is a 25-bed Critical Access Hospital in Shattuck, Oklahoma, providing emergency, inpatient, surgical, specialty and clinic care to communities in northwest Oklahoma. Its clinics, Newman Healthcare Associates, operate in Shattuck, Woodward and Mooreland.
From the company's website. Industry: General medical and surgical hospitals.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| NEWMAN MEMORIAL HOSPITAL this business | $18.1M | — |
| HARPER COUNTY COMMUNITY HOSPITAL Buffalo · 66 employees | $18.4M | 42.3 mi |
| ROGER MILLS COUNTY HOSPITAL AUTHORITY Cheyenne · 68 employees | $22.3M | 44.8 mi |
| BEAVER COUNTY HOSPITAL Beaver · 50 employees | $15.3M | 51.5 mi |
| FARMERS UNION HOSPITAL ASSOCIATION Elk City · 435 employees | $54.9M | 64.3 mi |
| CRAIG A. PHELPS, M.D., P.C. Elk City · 4 employees | $1.6M | 64.3 mi |
The full calculation
Calibrated: revenue lowered to 68% of the industry-average estimate, to match what businesses in this industry actually report.
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
These are the business's own reported figures, from its IRS Form 990 filing, not an estimate. EBITDA applies the industry margin to reported revenue.
| Revenue range | $17.2M – $19.0M |
| EBITDA range | $894K – $988K |
| Industry (NAICS) | General medical and surgical hospitals (622110) |
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
History & advisors
Advisors
- BankingSNB Bank, National AssociationPPP / SBA lender
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Banking relationships
| SNB Bank, National Association PPP 2020 | All 56 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $717K | 54 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Newman Memorial Hospital
Newman Memorial Hospital is a general medical and surgical hospitals company in Shattuck, Oklahoma, in business since 2001. It is owned by Tom Vasko (Chief Executive Officer). Its reported annual revenue is about $18.1M, with roughly $941K of EBITDA. It has about 107 employees.
Common questions
- Who owns Newman Memorial Hospital?
- Newman Memorial Hospital is owned by Tom Vasko (Chief Executive Officer), according to public sources such as the company's website or filings.
- How much revenue does Newman Memorial Hospital make?
- Newman Memorial Hospital reported revenue of about $18.1M.
- How many employees does Newman Memorial Hospital have?
- About 107, from its 2025 retirement-plan filing.
- When was Newman Memorial Hospital founded?
- Newman Memorial Hospital has been in business since 2001.