Short-term acute care hospital · Waterloo, Iowa · 137 beds · CMS certification number 160067
Mercyone Waterloo Medical Center
Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2025, as submitted, stamped by CMS January 8, 2026. 29 years on file, every one shown below. Also on the 340B covered-entity register.
Fiscal 2025 at a glance
What stands out
- Net patient revenue rose from $112.0M in its first year on file (1997) to $371.1M in 2025.
- Its result from patient care: −$14.4M (2023), −$50.3M (2024), −$18.2M (2025).
- 3 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 13.1% of its inpatient days and Medicare for 19.8%.
- 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.
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Beside its peers
Short-term acute care hospitals in Iowa with 100 to 199 beds, each on fiscal year 2025.
| Hospital | Beds | Net patient revenue | Operating expenses | Margin |
|---|---|---|---|---|
| Mercyone Waterloo Medical Center | 137 | $371,084,060 | $389,275,740 | −4.9% |
| CHI Health Mercy Council Bluffs, Council Bluffs | 141 | $122,316,646 | $127,184,510 | −4.0% |
| Methodist Jennie Edmundson, Council Bluffs | 117 | $165,581,238 | $162,063,518 | 2.1% |
| Mary Greeley Medical Center, Ames | 150 | $259,441,338 | $256,853,162 | 1.0% |
| Mercyone Dubuque Medical Center, Dubuque | 142 | $169,941,430 | $202,908,020 | −19.4% |
| Mercyone Siouxland Medical Center, Sioux City | 115 | $156,293,161 | $204,680,134 | −31.0% |
Patients and payers
- Discharges
- 6,820S-3 line 14, col 15
- Inpatient days
- 30,239S-3 line 14, col 8
- Beds in use, on an average day
- 83.1days ÷ days in year
- Occupancy
- 60.5%days ÷ bed days
- Medicare share of days
- 19.8%S-3 cols 6 ÷ 8
- Medicaid share of days
- 13.1%S-3 cols 7 ÷ 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).
Community benefit, as filed
From IRS Form 990 Schedule H, Part I, filed by SARTORI MEMORIAL HOSPITAL INC (employer identification number 420758901) for tax year 2022. The return lists this hospital as its one hospital facility.
| Figure | As filed | Where it comes from |
|---|---|---|
| Total community benefit expense (line 7k) | $453,112 | IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><NetCommunityBenefitExpnsAmt> |
| Financial assistance at cost (line 7a) | $108,152 | IRS Form 990 Schedule H, Part I, <FinancialAssistanceAtCostTyp><NetCommunityBenefitExpnsAmt> |
| Medicaid (line 7b) | $0 | IRS Form 990 Schedule H, Part I, <UnreimbursedMedicaidGrp><NetCommunityBenefitExpnsAmt> |
| Financial assistance and means-tested government programs (line 7d) | $108,152 | IRS Form 990 Schedule H, Part I, <TotalFinancialAssistanceTyp><NetCommunityBenefitExpnsAmt> |
| Other benefits (line 7j) | $344,960 | IRS Form 990 Schedule H, Part I, <TotalOtherBenefitsGrp><NetCommunityBenefitExpnsAmt> |
| Total, fraction of total expense (line 7k, column f) | 0.0138 | IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><TotalExpensePct> |
E-file object id 202441349349306779. The IRS archive it was read from.
Executive and director compensation, as filed
From IRS Form 990 Part VII, Section A, filed by SARTORI MEMORIAL HOSPITAL INC (employer identification number 420758901) for tax year 2022. The return lists this hospital as its one hospital facility.
| Name | Title | Role | Reportable comp, from this organization | Reportable comp, from related organizations | Other compensation |
|---|---|---|---|---|---|
| ALAN KRUGER | DIRECTOR | Trustee/director | $0 | $0 | $0 |
| ALEX HANSEN | PHARMACIST | Highest-compensated employee | $104,011 | $0 | $38,776 |
| ANNE HENNESSEY DDS | DIRECTOR THROUGH 12/22 | Trustee/director | $0 | $0 | $0 |
| BRENT NELSON | REGISTERED NURSE | Highest-compensated employee | $148,233 | $0 | $24,040 |
| BRIAN BURNETT MD | DIRECTOR; PHYSICIAN | Trustee/director | $0 | $363,552 | $59,266 |
| CAROL TOUSLEY | DIRECTOR | Trustee/director | $0 | $0 | $0 |
| DAVID DEAVER | DIRECTOR; CHAIR | Trustee/director, Officer | $0 | $0 | $0 |
| JACK DUSENBERY | DIR & PRES, MERCYONE NE IA THR 4/23 | Trustee/director, Officer | $0 | $705,049 | $45,779 |
| JAMES HARTEL MD | DIRECTOR THROUGH 12/22 | Trustee/director | $0 | $0 | $0 |
| KATHRYN EISENMAN | REGISTERED NURSE | Highest-compensated employee | $105,416 | $0 | $8,615 |
| KELLY RICHARDS | CHIEF NURSING OFFICER | Key employee | $0 | $261,858 | $44,208 |
| MATTHEW SOJKA MD | VP, MEDICAL AFFAIRS | Key employee | $0 | $460,897 | $43,906 |
| NANCY SCHAEFER | ASSISTANT SECRETARY; EXEC ASSISTANT | Officer | $0 | $65,485 | $5,395 |
| NERMINA SCHULTZ | HOUSE SUPERVISOR | Highest-compensated employee | $106,739 | $0 | $39,027 |
| RACHELLE MAKINDE MD | DIRECTOR; PHYSICIAN | Trustee/director | $0 | $449,922 | $45,723 |
| ROBERT RITZ | DIRECTOR; CEO MERCY HEALTH NETWORK | Trustee/director | $0 | $1,923,691 | $64,471 |
| RYAN MEYER | VP, SITE ADMINISTRATOR | Key employee | $183,801 | $13,614 | $36,058 |
| SANDRA BENAK | DIRECTOR | Trustee/director | $0 | $0 | $0 |
| THERESA TORRES | REGISTERED NURSE | Highest-compensated employee | $143,328 | $0 | $30,986 |
| TIM BOETTGER | DIRECTOR | Trustee/director | $0 | $0 | $0 |
| TIMOTHY HUBER | ASSISTANT TREASURER; VP OF FINANCE | Officer | $0 | $288,515 | $59,758 |
E-file object id 202441349349306779. The IRS archive it was read from.
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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2024.ZIP, form CMS-2552-10, filed under CMS certification number 160067. 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 January 8, 2026.