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Short-term acute care hospital · Cedar Falls, Iowa · 35 beds · CMS certification number 160040

Mercyone Cedar Falls Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2025, as submitted, stamped by CMS December 10, 2025. 30 years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$43.2M
$43,240,727 · G-3 line 3
Operating expenses
$38.3M
$38,274,959 · G-3 line 4
Result from patient care
$5.0M
$4,965,768 · G-3 line 5
Margin on patient care
11.5%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $8.3M in its first year on file (1996) to $43.2M in 2025.
  • Its result from patient care: $2.4M (2023), $5.2M (2024), $5.0M (2025).
  • 2 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.
  • MERCY HEALTH NETWORK INC holds 100% of it, on its Medicare enrollment.

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

30 years of filings

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

Net patient revenueOperating expenses
1996
settled
$8.3M
$8.9M
1997
settled
$8.1M
$9.4M
1998
settled
$14.6M
$16.0M
1999
reopened
$17.2M
$16.6M
2000
reopened
$17.4M
$17.4M
2001
reopened
$18.8M
$17.3M
2002
reopened
$19.3M
$18.4M
2003
reopened
$21.8M
$20.6M
2004
settled with audit
$28.5M
$24.8M
2005
settled with audit
$25.8M
$24.7M
2006
reopened
$34.6M
$27.6M
2007
reopened
$32.3M
$27.1M
2008
reopened
$32.6M
$27.7M
2009
settled
$33.2M
$27.4M
2010
settled
$34.0M
$26.8M
2011
reopened
$33.2M
$28.0M
2012
reopened
$34.1M
$29.0M
2013
reopened
$35.5M
$30.2M
2014
reopened
$37.0M
$31.6M
2015
settled
$37.3M
$32.7M
2016
settled
$39.6M
$35.2M
2017
settled
$41.6M
$36.8M
2018
settled
$37.7M
$36.3M
2019
settled
$34.4M
$34.0M
2020
settled
$30.9M
$30.8M
2021
settled
$40.2M
$32.4M
2022
settled
$37.1M
$34.7M
2023
settled
$35.8M
$33.3M
2024
settled
$40.1M
$34.9M
2025
as submitted
$43.2M
$38.3M

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 Cedar Falls Medical Center35$43,240,727$38,274,95911.5%
Grinnell Regional Medical Center, Grinnell21$70,354,800$76,046,863−8.1%
Lakes Regional Healthcare, Spirit Lake44$68,833,914$68,701,5680.2%
Mercyone Newton Medical Center, Newton48$30,858,814$33,099,976−7.3%
Spencer Municipal Hospital, Spencer49$128,489,098$126,956,9681.2%
Trinity Regional Medical Center, Fort Dodge49$193,932,852$199,858,427−3.1%

Patients and payers

Discharges
348
S-3 line 14, col 15
Inpatient days
1,296
S-3 line 14, col 8
Beds in use, on an average day
3.6
days ÷ days in year
Occupancy
10.1%
days ÷ bed days
Medicare share of days
49.4%
S-3 cols 6 ÷ 8

Who owns it

  • MERCY HEALTH NETWORK INC100%
  • TRINITY HEALTH CORPORATION100%
  • WHEATON FRANCISCAN HEALTHCARE - IOWA INC100%

Related organizations on its own cost report: WHEATON IOWA, medical 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 160040. 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 10, 2025.