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Short-term acute care hospital · Mason City, Iowa · 199 beds · CMS certification number 160064

Mercyone North Iowa Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2025, as submitted, stamped by CMS September 16, 2026. 29 years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue
$429.5M
$429,463,179 · G-3 line 3
Operating expenses
$551.9M
$551,949,591 · G-3 line 4
Result from patient care
−$122.5M
−$122,486,412 · G-3 line 5
Margin on patient care
−28.5%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $130.8M in its first year on file (1997) to $429.5M in 2025.
  • Its result from patient care: −$120.7M (2023), −$81.3M (2024), −$122.5M (2025).
  • 4 of the 5 short-term acute care hospital peers below with a margin on file also report a loss on patient care for fiscal year 2025.
  • Medicaid paid for 4.9% of its inpatient days and Medicare for 39.5%.
  • TRINITY HEALTH CORPORATION 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
$130.8M
$127.4M
1998
reopened
$140.1M
$138.4M
1999
reopened
$160.5M
$148.7M
2000
settled with audit
$465.3M
$172.6M
2001
reopened
$195.6M
$180.4M
2002
reopened
$178.4M
$186.3M
2003
settled with audit
$190.6M
$195.4M
2004
reopened
$201.5M
$228.5M
2005
reopened
$201.5M
$238.0M
2006
reopened
$230.8M
$256.0M
2007
reopened
$235.2M
$262.7M
2008
settled with audit
$256.2M
$283.2M
2009
reopened
$269.4M
$294.7M
2010
settled with audit
$275.4M
$311.6M
2011
reopened
$263.8M
$306.8M
2012
reopened
$267.9M
$322.9M
2013
reopened
$258.3M
$316.5M
2014
reopened
$263.2M
$326.8M
2015
reopened
$296.4M
$344.1M
2016
reopened
$292.7M
$354.2M
2017
reopened
$307.2M
$365.4M
2018
reopened
$306.0M
$374.2M
2019
reopened
$319.9M
$391.1M
2020
reopened
$312.5M
$410.6M
2021
settled
$358.2M
$466.6M
2022
settled with audit
$395.1M
$514.3M
2023
settled with audit
$390.3M
$511.0M
2024
as submitted
$436.9M
$518.1M
2025
as submitted
$429.5M
$551.9M

Beside its peers

Short-term acute care hospitals in Iowa with 100 to 199 beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Mercyone North Iowa Medical Center199$429,463,179$551,949,591−28.5%
CHI Health Mercy Council Bluffs, Council Bluffs141$122,316,646$127,184,510−4.0%
Mary Greeley Medical Center, Ames150$259,441,338$256,853,1621.0%
Mercyone Dubuque Medical Center, Dubuque142$169,941,430$202,908,020−19.4%
Mercyone Waterloo Medical Center, Waterloo137$371,084,060$389,275,740−4.9%
Southeast Iowa Regional Medical Center, West Burlington174$409,640,854$439,342,459−7.2%

Patients and payers

Discharges
8,387
S-3 line 14, col 15
Inpatient days
40,303
S-3 line 14, col 8
Beds in use, on an average day
110.7
days ÷ days in year
Occupancy
55.5%
days ÷ bed days
Medicare share of days
39.5%
S-3 cols 6 ÷ 8
Medicaid share of days
4.9%
S-3 cols 7 ÷ 8

Who owns it

  • TRINITY HEALTH CORPORATION100%

Related organizations on its own cost report: HOME OFFICE (100%), healthcare prov; TRINITY INFOR S (100%), computer system; MRI PARTNERSHIP, mri service; RELATED CRITICA, critical access; MERCYONE, healthcare prov.

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 160064. 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 September 16, 2026.