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Short-term acute care hospital · Cedar Rapids, Iowa · 294 beds · CMS certification number 160045

St. Luke's Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS June 3, 2026. 30 years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue
$546.3M
$546,318,918 · G-3 line 3
Operating expenses
$374.4M
$374,436,328 · G-3 line 4
Result from patient care
$171.9M
$171,882,590 · G-3 line 5
Margin on patient care
31.5%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $130.3M in its first year on file (1996) to $546.3M in 2025.
  • Its result from patient care: $123.0M (2023), $156.5M (2024), $171.9M (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 31.0% of its inpatient days and Medicare for 21.3%.

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
reopened
$130.3M
$128.9M
1997
reopened
$123.3M
$126.6M
1998
reopened
$128.9M
$129.3M
1999
reopened
$135.1M
$136.9M
2000
reopened
$145.3M
$148.5M
2001
reopened
$164.0M
$165.5M
2002
reopened
$169.8M
$184.1M
2003
reopened
$195.7M
$196.7M
2004
reopened
$187.6M
$186.8M
2005
reopened
$208.4M
$205.1M
2006
reopened
$234.0M
$51.2M
2007
reopened
$238.3M
$249.0M
2008
reopened
$262.7M
$167.3M
2009
reopened
$279.9M
$175.9M
2010
reopened
$295.9M
$182.1M
2011
reopened
$285.4M
$173.2M
2012
reopened
$299.4M
$196.2M
2013
reopened
$311.6M
$216.5M
2014
reopened
$319.0M
$195.7M
2015
reopened
$331.3M
$211.0M
2016
reopened
$337.1M
$225.3M
2017
reopened
$342.0M
$242.5M
2018
reopened
$361.6M
$237.9M
2019
reopened
$362.1M
$240.4M
2020
settled
$318.8M
$230.6M
2021
settled
$368.3M
$257.4M
2022
settled
$374.8M
$286.2M
2023
settled
$419.7M
$296.7M
2024
as submitted
$482.5M
$325.9M
2025
as submitted
$546.3M
$374.4M

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
St. Luke's Hospital294$546,318,918$374,436,32831.5%
Allen Hospital, Waterloo200$417,350,969$373,184,58510.6%
Mercyone Genesis, Davenport308$495,121,236$463,837,4216.3%
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 Regional Medical Center, Sioux City245$311,404,440$286,851,3697.9%

Patients and payers

Discharges
13,884
S-3 line 14, col 15
Inpatient days
61,166
S-3 line 14, col 8
Beds in use, on an average day
168.0
days ÷ days in year
Occupancy
57.9%
days ÷ bed days
Medicare share of days
21.3%
S-3 cols 6 ÷ 8
Medicaid share of days
31.0%
S-3 cols 7 ÷ 8

Who owns it

Related organizations on its own cost report: ST LUKES HEALTH (100%), home office; MR ASSOCIATES, mri services.

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

Community benefit, as filed

From IRS Form 990 Schedule H, Part I, filed by ST LUKE'S METHODIST HOSPITAL (employer identification number 420504780) for tax year 2023. The return lists this hospital as its one hospital facility.

FigureAs filedWhere it comes from
Total community benefit expense (line 7k)$17,681,074IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><NetCommunityBenefitExpnsAmt>
Financial assistance at cost (line 7a)$1,449,363IRS Form 990 Schedule H, Part I, <FinancialAssistanceAtCostTyp><NetCommunityBenefitExpnsAmt>
Medicaid (line 7b)$1,898,933IRS Form 990 Schedule H, Part I, <UnreimbursedMedicaidGrp><NetCommunityBenefitExpnsAmt>
Financial assistance and means-tested government programs (line 7d)$3,348,296IRS Form 990 Schedule H, Part I, <TotalFinancialAssistanceTyp><NetCommunityBenefitExpnsAmt>
Other benefits (line 7j)$14,332,778IRS Form 990 Schedule H, Part I, <TotalOtherBenefitsGrp><NetCommunityBenefitExpnsAmt>
Total, fraction of total expense (line 7k, column f)0.0375IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><TotalExpensePct>

E-file object id 202423199349309742. The IRS archive it was read from.

Executive and director compensation, as filed

From IRS Form 990 Part VII, Section A, filed by ST LUKE'S METHODIST HOSPITAL (employer identification number 420504780) for tax year 2023. The return lists this hospital as its one hospital facility.

NameTitleRoleReportable comp, from this organizationReportable comp, from related organizationsOther compensation
AMANDA O'CONNOR MDBOARD MEMBERTrustee/director$0$328,836$42,808
ANNE CARTERBOARD MEMBERTrustee/director$0$0$0
ANNE PARMLEYBOARD MEMBERTrustee/director$0$0$0
BRIAN GLOBOKARBOARD MEMBERTrustee/director$0$0$0
CARMEN KLEINSMITHSR VP/CHIEF NURSING EXECKey employee$580,519$0$55,313
CASEY GREENE - VPCOOBOARD MEMBER & PRES/CEO (FR 09/23)Trustee/director, Officer$350,449$0$66,395
CHARLES BECKERBOARD MEMBERTrustee/director$0$0$0
CURTIS HEIDEMANBOARD MEMBERTrustee/director$0$0$0
DONALD JOHNSONBOARD MEMBERTrustee/director$0$0$0
ERIC BRIESEMEISTERCEO-JRMCHighest-compensated employee$245,270$0$45,972
GREGORY CHURCHILLBOARD MEMBERTrustee/director$0$14,500$0
HEATHER ROBERTSONBOARD MEMBERTrustee/director$0$0$0
JOHN OSAKOBOARD MEMBERTrustee/director$0$0$0
JOSEPH LINNVP HR & OPERATIONSKey employee$321,835$0$16,900
JULIE STURBAUMDIRECTOR SURGICAL SERVICESHighest-compensated employee$193,477$0$28,811
KATHLEEN MINETTEBOARD VICE CHAIRTrustee/director, Officer$0$0$0
KATHY EPLEYBOARD MEMBERTrustee/director$0$0$0
LORI SUNDBERGBOARD MEMBERTrustee/director$0$0$0
LUCAS HICKSVP FINANCE/CFOOfficer$222,929$0$21,030
MARLEE HANSEN DDSDENTISTHighest-compensated employee$229,978$0$24,437
MARY ANN OSBORNBOARD MEMBERTrustee/director$32,896$0$12,249
MARY KLINGERPRESIDENT-HCFHighest-compensated employee$213,147$0$26,619
MICHAEL HEINRICHVP FINANCE/CFOOfficer$391,248$232,877$78,425
MICHELLE NIERMANNBOARD MEMBER & PRESIDENT/CEOTrustee/director, Officer$508,440$479,680$119,328
NED AUSTIN MDBOARD MEMBERTrustee/director$0$0$0
PATRICK THIESDIRECTOR PHARMACY SVCSKey employee$177,716$0$24,226
ROBIN MIXDORFBOARD CHAIRTrustee/director, Officer$0$0$0
SALLY GRAYBOARD MEMBERTrustee/director$0$32,250$0
SCOTT ANDERSON DDS MSDENTISTHighest-compensated employee$199,257$0$41,194
STEVEN CAVESBOARD MEMBERTrustee/director$0$0$0
STEVEN WAHLE MDBOARD MEMBERTrustee/director$0$0$0
THEODORE TOWNSEND JRFORMER PRESIDENT/CEOFormer$462,474$0$0

E-file object id 202423199349309742. The IRS archive it was read from.

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 160045. 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 June 3, 2026.