Velarion Records

Critical access hospital · Harvard, Illinois · 13 beds · CMS certification number 141335

Mercy Harvard Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2025, as submitted, stamped by CMS December 12, 2025. 21 years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue
$25.8M
$25,784,439 · G-3 line 3
Operating expenses
$27.3M
$27,316,304 · G-3 line 4
Result from patient care
−$1.5M
−$1,531,865 · G-3 line 5
Margin on patient care
−5.9%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $14.3M in its first year on file (2005) to $25.8M in 2025.
  • Its result from patient care: $3.8M (2023), $1.8M (2024), −$1.5M (2025).
  • 2 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 2.0% of its inpatient days and Medicare for 39.6%.
  • MERCY HEALTH CORPORATION holds 100% of it, on its Medicare enrollment.

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
reopened
$14.3M
$17.6M
2006
reopened
$18.4M
$18.1M
2007
settled
$18.7M
$19.3M
2008
reopened
$22.6M
$22.4M
2009
amended
$21.5M
$22.1M
2010
settled
$22.3M
$23.0M
2011
settled
$24.4M
$23.0M
2012
settled with audit
$23.2M
$21.6M
2013
settled
$23.3M
$23.4M
2014
settled
$22.4M
$22.1M
2015
settled
$23.6M
$22.4M
2016
settled
$26.2M
$22.9M
2017
settled
$26.3M
$24.2M
2018
settled
$29.4M
$25.7M
2019
settled
$33.8M
$27.6M
2020
settled
$30.5M
$27.9M
2021
settled
$32.7M
$27.2M
2022
settled
$32.4M
$28.1M
2023
settled
$30.4M
$26.6M
2024
settled
$27.6M
$25.7M
2025
as submitted
$25.8M
$27.3M

Beside its peers

Critical access hospitals in Illinois with under 25 beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Mercy Harvard Hospital13$25,784,439$27,316,304−5.9%
Franklin Hospital District, Benton16$30,376,868$32,843,461−8.1%
Kirby Medical Center, Monticello16$74,481,608$78,420,514−5.3%
OSF Holy Family Medical Center, Monmouth15$58,493,441$41,542,72329.0%
Rochelle Community Hospital, Rochelle17$52,814,394$51,708,7422.1%
Warner Hospital and Health Services, Clinton15$26,487,491$23,675,68310.6%

Patients and payers

Discharges
149
S-3 line 14, col 15
Inpatient days
404
S-3 line 14, col 8
Beds in use, on an average day
1.1
days ÷ days in year
Occupancy
8.5%
days ÷ bed days
Medicare share of days
39.6%
S-3 cols 6 ÷ 8
Medicaid share of days
2.0%
S-3 cols 7 ÷ 8

Who owns it

  • MERCY HEALTH CORPORATION100%

Related organizations on its own cost report: MERCY HOME OFFI, health system.

Other hospitals with the same owner: Mercyhealth FHN Hospital (IL), Javon Bea Hospital (IL), Mercyhealth Hospital and Physician Clinic-Crystal Lake (IL), Van Matre Encompass Health Rehabilitation Institute (IL), Mercy Hospital Janesville (WI), Mercy Walworth Hospital & Medical Center (WI).

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

Owners of 5% or more, from CMS’s hospital ownership file (Medicare enrollment, October 1, 2026).

Community benefit, as filed

From IRS Form 990 Schedule H, Part I, filed by Mercy Harvard Hospital Inc (employer identification number 311551871) for tax year 2022. The return lists this hospital as its one hospital facility.

FigureAs filedWhere it comes from
Total community benefit expense (line 7k)$4,146,313IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><NetCommunityBenefitExpnsAmt>
Financial assistance at cost (line 7a)$65,267IRS Form 990 Schedule H, Part I, <FinancialAssistanceAtCostTyp><NetCommunityBenefitExpnsAmt>
Medicaid (line 7b)$0IRS Form 990 Schedule H, Part I, <UnreimbursedMedicaidGrp><NetCommunityBenefitExpnsAmt>
Financial assistance and means-tested government programs (line 7d)$65,267IRS Form 990 Schedule H, Part I, <TotalFinancialAssistanceTyp><NetCommunityBenefitExpnsAmt>
Other benefits (line 7j)$4,081,046IRS Form 990 Schedule H, Part I, <TotalOtherBenefitsGrp><NetCommunityBenefitExpnsAmt>
Total, fraction of total expense (line 7k, column f)0.1553IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><TotalExpensePct>

E-file object id 202411369349315146. 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 Illinois

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.

See what Intel shows

Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2024.ZIP, form CMS-2552-10, filed under CMS certification number 141335. Patients and payers: worksheet S-3 Part I of the same filing. Ownership: CMS Hospital All Owners and Hospital Enrollments.

How this page was built: the CMS Medicare cost report, file HOSP10FY2024.ZIP, read December 12, 2025.