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Critical access hospital · Watseka, Illinois · 25 beds · CMS certification number 141353

Iroquois Memorial Hospital and Resident Home

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended September 30, 2025, amended, stamped by CMS May 6, 2026. Three years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue
$41.6M
$41,609,749 · G-3 line 3
Operating expenses
$42.0M
$42,001,111 · G-3 line 4
Result from patient care
−$391K
−$391,362 · G-3 line 5
Margin on patient care
−0.9%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $10.3M in its first year on file (2023) to $41.6M in 2025.
  • Its result from patient care: $3.7M (2023), −$9.0M (2024), −$391K (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 0.3% of its inpatient days and Medicare for 61.3%.

Every statement is drawn from figures on this page; nothing is estimated.

Three years of filings

Net patient revenue against operating expenses, each year as filed.

Net patient revenueOperating expenses
2023
settled
$10.3M
$6.6M
2024
settled with audit
$35.0M
$44.1M
2025
amended
$41.6M
$42.0M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
Iroquois Memorial Hospital and Resident Home25$41,609,749$42,001,111−0.9%
Carle Eureka Hospital, Eureka25$33,442,659$31,215,6766.7%
Community Hospital of Staunton, Staunton25$29,036,790$23,365,93519.5%
OSF Saint Paul Medical Center, Mendota25$65,140,047$63,955,6261.8%
Midwest Medical Center, Galena25$44,409,156$49,181,907−10.8%
Boyd Healthcare Services, Carrollton25$17,573,180$19,761,600−12.4%

Patients and payers

Discharges
200
S-3 line 14, col 15
Inpatient days
1,384
S-3 line 14, col 8
Beds in use, on an average day
3.8
days ÷ days in year
Occupancy
15.2%
days ÷ bed days
Medicare share of days
61.3%
S-3 cols 6 ÷ 8
Medicaid share of days
0.3%
S-3 cols 7 ÷ 8

Who owns it

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

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 141353. 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 May 6, 2026.