1 location registered under this record — data as of November 5, 2026
Critical access hospital · MADISON, MN
MADISON HOSPITAL
Taking partYesLast certifiedAugust 12, 2026
- 1Registered locations
- 1Associated locations
- 4Contract pharmacies
- 3With no end date
- January 1, 2011In 340B since
Where this record sits: among the 72 Critical access hospitals in Minnesota, the median open contract-pharmacy count is 4.5; this record’s open count ranks 41.
Every Medicare cost report this hospital has filed is on its cost-report record.
Finances, as filed
From this hospital’s Medicare cost report for the year ended September 30, 2025.
| Figure | As filed | Where it comes from |
|---|---|---|
| Total patient revenue | $26,446,555 | CMS-2552-10 worksheet G300000 line 100 column 100 |
| Contractual allowances | $6,630,305 | CMS-2552-10 worksheet G300000 line 200 column 100 |
| Net patient revenue | $19,816,250 | CMS-2552-10 worksheet G300000 line 300 column 100 |
| Total operating expenses | $23,191,042 | CMS-2552-10 worksheet G300000 line 400 column 100 |
| Income from service to patients | −$3,374,792 | CMS-2552-10 worksheet G300000 line 500 column 100 |
| Charity care, at charges | $14,472 | CMS-2552-10 worksheet S100001 line 2000 column 300 |
| Charity care, at cost | $14,360 | CMS-2552-10 worksheet S100001 line 2300 column 300 |
| Bad debt expense | $221,343 | CMS-2552-10 worksheet S100001 line 2600 column 100 |
| Bad debt other than Medicare, at cost | $174,683 | CMS-2552-10 worksheet S100001 line 2900 column 100 |
| Uncompensated care, at cost | $189,043 | CMS-2552-10 worksheet S100001 line 3000 column 100 |
| Total facility beds | 12 | CMS-2552-10 worksheet S300001 line 1400 column 200 |
| Cost-to-charge ratio | 0.8010 | CMS-2552-10 worksheet S100001 line 100 column 100 |
Cost report filed under CMS certification number 241372 for October 1, 2024 to September 30, 2025, as submitted. The public file it was read from.
Community benefit, as filed
From IRS Form 990 Schedule H, Part I, filed by MADISON HEALTHCARE SERVICES (employer identification number 410706115) 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) | $1,497,041 | IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><NetCommunityBenefitExpnsAmt> |
| Financial assistance at cost (line 7a) | $5,707 | IRS Form 990 Schedule H, Part I, <FinancialAssistanceAtCostTyp><NetCommunityBenefitExpnsAmt> |
| Medicaid (line 7b) | $317,607 | IRS Form 990 Schedule H, Part I, <UnreimbursedMedicaidGrp><NetCommunityBenefitExpnsAmt> |
| Financial assistance and means-tested government programs (line 7d) | $1,367,062 | IRS Form 990 Schedule H, Part I, <TotalFinancialAssistanceTyp><NetCommunityBenefitExpnsAmt> |
| Other benefits (line 7j) | $129,979 | IRS Form 990 Schedule H, Part I, <TotalOtherBenefitsGrp><NetCommunityBenefitExpnsAmt> |
| Total, fraction of total expense (line 7k, column f) | 0.0725 | IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><TotalExpensePct> |
E-file object id 202412139349300416. The IRS archive it was read from.
Executive and director compensation, as filed
From IRS Form 990 Part VII, Section A, filed by MADISON HEALTHCARE SERVICES (employer identification number 410706115) 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 |
|---|---|---|---|---|---|
| BART HILL | DIRECTOR | Trustee/director | $0 | $0 | $0 |
| BRANT HACKER MD | MD | Highest-compensated employee | $388,421 | $0 | $35,510 |
| CAROL BORGERSON | CFO | Officer | $109,328 | $0 | $16,204 |
| DAVID HALL | DIRECTOR | Trustee/director | $0 | $0 | $0 |
| ERIK BJERKE | CEO | Officer | $201,628 | $0 | $53,043 |
| JEANENE MUNSTERMAN | DIRECTOR | Trustee/director | $0 | $0 | $0 |
| KARIN MOEN | SECRETARY | Trustee/director, Officer | $0 | $0 | $0 |
| LYNN ZIMMERMAN | CHAIRMAN | Trustee/director, Officer | $0 | $0 | $0 |
| MARIA NOLTE MD | MD | Highest-compensated employee | $269,980 | $0 | $44,469 |
| MARIBETH OLSON | PHYSICIAN ASSISTANT | Highest-compensated employee | $118,711 | $0 | $4,513 |
| MICHAEL DEYO PA | PHYSICIAN ASSISTANT | Highest-compensated employee | $144,813 | $0 | $21,343 |
| PAUL HODGE NP | NURSE PRACTITIONER | Highest-compensated employee | $169,569 | $0 | $12,851 |
| SCOTT OMLAND | DIRECTOR | Trustee/director | $0 | $0 | $0 |
| TIM VOLK | DIRECTOR | Trustee/director | $0 | $0 | $0 |
E-file object id 202412139349300416. The IRS archive it was read from.
The full report for MADISON HOSPITAL
Every figure on this page as a document you can keep, file or send on: the finances as filed with the worksheet, line and column each one came from, five hospitals of a similar size in the same state, the contract-pharmacy network year by year, and what changed on the record.
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Where this hospital sits among its peers
A position, not a grade. Each line names the figure, how it is measured, and the hospitals it is placed among: critical access hospitals in the same state and the same bed-size band, each on its latest filed year. Under it, the same figure across every hospital that filed for the year — a larger set, and a different one.
- 37thpercentile of 57 hospitals in MN, same facility class, under 25 bedsNet patient revenue, in dollars, as filed
- 43rdpercentile of 58 hospitals in MN, same facility class, under 25 bedsTotal operating expenses, in dollars, as filed
- 6thpercentile of 52 hospitals in MN, same facility class, under 25 bedsCharity care, at cost, in dollars, as filed
- 9thpercentile of 53 hospitals in MN, same facility class, under 25 bedsUncompensated care, at cost, in dollars, as filed
- 16thpercentile of 58 hospitals in MN, same facility class, under 25 bedsTotal facility beds, a count of beds, as filed
- 91stpercentile of 54 hospitals in MN, same facility class, under 25 bedsCost-to-charge ratio, the ratio, as filed
Changes recorded
Nothing on this record has moved since it was first read here on September 6, 2026.
Every Medicare cost report this hospital has filed, every change this record has shown since it was first read here, and five hospitals of its own size in Minnesota beside it — each figure with the cell it came from — are in the report above.
Register detail and identifiers
Participation, as filed
- Participating
- TRUE
- Participation start date
- January 1, 2011
- Certification date
- August 12, 2026
- Record last edited
- August 12, 2026
Identifiers
- 340B ID
- CAH241372-00
- Entity type as filed
- CAH
- CMS certification number
- 241372
- Rural
- Yes
900 SECOND AVENUE, MADISON MN 56256
Locations registered under this record
Browse all of them as a list →
| CAH241372-01 | LAC QUI PARLE CLINIC | CAH | MADISON, MN | Yes |
Associated locations
| MADISON HOSPITAL | 900 SECOND AVENUE | MADISON MN 56256 |
Pharmacy contracts
No end date filed3
| THRIFTY WHITE DRUG #755 | MADISON, MN | December 30, 2011 | no end date filed |
| THRIFTY WHITE PARTNERS IN CARE | FARGO, ND | October 1, 2022 | no end date filed |
| WHITE DRUG #61 | FARGO, ND | August 30, 2012 | no end date filed |
An end date is filed1
An end date still in the future is a termination already filed, not one that has happened. Both are printed here as the file carries them.
| WHITE DRUG #52 | FARGO, ND | August 30, 2012 | July 27, 2022 |
How this page is built
- What is counted
- One row per registration in the register. This page is the row for this 340B ID; a figure that reads across a record and its locations counts the rows the register lists under this record as well.
- As of
- November 5, 2026 — the date of the register file this record was last listed in.
- Contract-pharmacy arrangements
- Each arrangement the register files between a covered entity and a pharmacy counts once. An arrangement counts among those with no end date where the register prints no termination date for it, and among the rest where it prints one.
Every figure on this page comes from HRSA 340B OPAIS Covered Entity Daily Report.
Every figure on this page is printed as it appears in the HRSA 340B OPAIS Covered Entity Daily Report, file 340B_CoveredEntity_Daily_20261105_172420.xlsx, stamped by its publisher November 5, 2026. This record has been read here since September 6, 2026.
How this page was built: the HRSA 340B OPAIS Covered Entity Daily Report, file 340B_CoveredEntity_Daily_20261105_172420.xlsx, read November 5, 2026.