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Short-term acute care hospital · Newton, Iowa · 48 beds · CMS certification number 160032

Mercyone Newton Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2025, as submitted, stamped by CMS December 17, 2025. 29 years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$30.9M
$30,858,814 · G-3 line 3
Operating expenses
$33.1M
$33,099,976 · G-3 line 4
Result from patient care
−$2.2M
−$2,241,162 · G-3 line 5
Margin on patient care
−7.3%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $16.9M in its first year on file (1997) to $30.9M in 2025.
  • Its result from patient care: −$6.0M (2023), −$3.5M (2024), −$2.2M (2025).
  • 1 of the 5 short-term acute care hospital peers below with a margin on file also reports a loss on patient care for fiscal year 2025.
  • Medicaid paid for 9.1% of its inpatient days and Medicare for 31.3%.
  • CATHOLIC HEALTH INITIATIVES-IOWA CORP holds 100% of it, on its Medicare enrollment.

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

29 years of filings

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

Net patient revenueOperating expenses
1997
settled
$16.9M
$17.0M
1998
settled
$18.0M
$17.7M
1999
settled
$18.9M
$19.6M
2000
settled
$19.7M
$19.2M
2001
settled
$22.1M
$21.2M
2002
settled
$23.3M
$23.1M
2003
settled
$24.1M
$24.5M
2004
settled
$25.7M
$27.8M
2005
reopened
$29.5M
$29.3M
2006
reopened
$33.0M
$33.5M
2007
reopened
$34.9M
$35.8M
2008
reopened
$34.0M
$36.9M
2009
reopened
$33.5M
$37.8M
2010
settled
$29.7M
$35.2M
2011
reopened
$31.5M
$34.6M
2012
settled with audit
$35.1M
$37.4M
2013
reopened
$33.8M
$38.1M
2014
settled
$31.8M
$37.0M
2015
settled
$33.4M
$35.7M
2016
settled
$30.7M
$32.2M
2017
settled with audit
$30.5M
$32.6M
2018
settled
$28.9M
$34.4M
2019
settled
$31.5M
$34.5M
2020
settled
$30.0M
$34.9M
2021
settled
$34.5M
$38.5M
2022
settled with audit
$36.9M
$43.9M
2023
settled
$34.5M
$40.6M
2024
settled
$37.2M
$40.6M
2025
as submitted
$30.9M
$33.1M

Beside its peers

Hospitals of the same type (short-term acute care hospital), nearest in size, from Iowa first; each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Mercyone Newton Medical Center48$30,858,814$33,099,976−7.3%
Lakes Regional Healthcare, Spirit Lake44$68,833,914$68,701,5680.2%
Mercyone Cedar Falls Medical Center, Cedar Falls35$43,240,727$38,274,95911.5%
Spencer Municipal Hospital, Spencer49$128,489,098$126,956,9681.2%
Finley Hospital, Dubuque66$168,562,483$151,987,4269.8%
Trinity Regional Medical Center, Fort Dodge49$193,932,852$199,858,427−3.1%

Patients and payers

Discharges
610
S-3 line 14, col 15
Inpatient days
2,505
S-3 line 14, col 8
Beds in use, on an average day
6.9
days ÷ days in year
Occupancy
14.3%
days ÷ bed days
Medicare share of days
31.3%
S-3 cols 6 ÷ 8
Medicaid share of days
9.1%
S-3 cols 7 ÷ 8

Who owns it

  • CATHOLIC HEALTH INITIATIVES-IOWA CORP100%
  • MERCY HEALTH NETWORK INC100%
  • TRINITY HEALTH CORPORATION100%

Related organizations on its own cost report: MHN INC., management (rp); COMMONSPIRIT, health network; MERCYONE DSM, hospital (ho).

Other hospitals with the same owner: Saint Agnes Medical Center (CA), Saint Francis Hospital and Medical Center (CT), Johnson Memorial Hospital (CT), Saint Mary's Hospital (CT), Mount Sinai Rehabilitation Hospital (CT), St. Francis Hospital (DE), Holy Cross Hospital (FL), St. Mary's Health Care System (GA).

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

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

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2024.ZIP, form CMS-2552-10, filed under CMS certification number 160032. 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 17, 2025.