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Short-term acute care hospital · Davenport, Iowa · 308 beds · CMS certification number 160033

Mercyone Genesis

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2025, amended, stamped by CMS December 12, 2025. 29 years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue
$495.1M
$495,121,236 · G-3 line 3
Operating expenses
$463.8M
$463,837,421 · G-3 line 4
Result from patient care
$31.3M
$31,283,815 · G-3 line 5
Margin on patient care
6.3%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $189.4M in its first year on file (1997) to $495.1M in 2025.
  • Its result from patient care: −$29.6M (2023), $51.3M (2024), $31.3M (2025).
  • 3 of the 5 short-term acute care hospital peers below with a margin on file also report a gain on patient care for fiscal year 2025.
  • Medicaid paid for 0.4% of its inpatient days and Medicare for 27.5%.
  • MERCY HEALTH NETWORK INC 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
reopened
$189.4M
$182.3M
1998
reopened
$208.9M
$179.7M
1999
reopened
$215.3M
$210.5M
2000
reopened
$217.1M
$215.2M
2001
reopened
$398.6M
$216.8M
2002
reopened
$244.8M
$237.6M
2003
reopened
$265.1M
$255.9M
2004
reopened
$280.9M
$276.5M
2005
reopened
$285.4M
$282.2M
2006
settled with audit
$305.2M
$295.2M
2007
reopened
$311.1M
$298.2M
2008
settled with audit
$312.9M
$306.6M
2009
settled with audit
$329.6M
$322.8M
2010
reopened
$338.8M
$306.1M
2011
reopened
$314.4M
$293.9M
2012
reopened
$316.1M
$294.3M
2013
reopened
$306.7M
$300.3M
2014
reopened
$303.1M
$301.0M
2015
reopened
$329.8M
$306.3M
2016
reopened
$343.0M
$328.1M
2017
reopened
$346.8M
$341.2M
2018
settled
$346.7M
$343.9M
2019
settled
$342.6M
$348.3M
2020
reopened
$345.5M
$352.1M
2021
reopened
$363.4M
$373.6M
2022
reopened
$369.3M
$410.9M
2023
settled
$391.9M
$421.5M
2024
settled
$481.1M
$429.7M
2025
amended
$495.1M
$463.8M

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 Genesis308$495,121,236$463,837,4216.3%
Allen Hospital, Waterloo200$417,350,969$373,184,58510.6%
Mercy Medical Center, Cedar Rapids216$507,673,151$518,537,995−2.1%
Mercyone Des Moines Medical Center, Des Moines519$992,800,012$1,235,911,928−24.5%
St. Luke's Hospital, Cedar Rapids294$546,318,918$374,436,32831.5%
St. Luke's Regional Medical Center, Sioux City245$311,404,440$286,851,3697.9%

Patients and payers

Discharges
18,805
S-3 line 14, col 15
Inpatient days
69,841
S-3 line 14, col 8
Beds in use, on an average day
191.9
days ÷ days in year
Occupancy
62.1%
days ÷ bed days
Medicare share of days
27.5%
S-3 cols 6 ÷ 8
Medicaid share of days
0.4%
S-3 cols 7 ÷ 8

Who owns it

  • MERCY HEALTH NETWORK INC100%
  • TRINITY HEALTH CORPORATION100%

Related organizations on its own cost report: GEN MED ED FOUN (100%), healthcare; GENESIS MEDICAL (100%), healthcare; EA IA LITHOTRIP (25%), healthcare; TRINITY HEALTH (100%), ntnl 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, other.

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 160033. 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.