Velarion Records

Short-term acute care hospital · Des Moines, Iowa · 519 beds · CMS certification number 160083

Mercyone Des Moines Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2025, amended, stamped by CMS June 3, 2026. 29 years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue
$992.8M
$992,800,012 · G-3 line 3
Operating expenses
$1.2B
$1,235,911,928 · G-3 line 4
Result from patient care
−$243.1M
−$243,111,916 · G-3 line 5
Margin on patient care
−24.5%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $287.2M in its first year on file (1997) to $992.8M in 2025.
  • Its result from patient care: −$36.2M (2023), −$224.1M (2024), −$243.1M (2025).
  • 1 of the 5 short-term acute care hospital peers below with a margin on file also reports a loss on patient care for fiscal year 2025.
  • Medicaid paid for 6.8% of its inpatient days and Medicare for 24.1%.
  • 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
$287.2M
$304.3M
1998
reopened
$462.7M
$317.6M
1999
reopened
$500.2M
$343.4M
2000
reopened
$349.6M
$382.6M
2001
reopened
$375.8M
$386.1M
2002
reopened
$359.4M
$436.7M
2003
reopened
$391.0M
$485.4M
2004
reopened
$432.1M
$517.7M
2005
reopened
$462.2M
$556.4M
2006
reopened
$491.5M
$598.1M
2007
reopened
$631.7M
$645.0M
2008
reopened
$673.1M
$696.6M
2009
reopened
$714.0M
$731.9M
2010
reopened
$798.8M
$820.9M
2011
reopened
$675.2M
$661.2M
2012
reopened
$671.0M
$662.0M
2013
reopened
$543.3M
$511.8M
2014
reopened
$571.2M
$552.2M
2015
reopened
$581.7M
$560.9M
2016
reopened
$613.2M
$599.7M
2017
reopened
$620.6M
$649.9M
2018
reopened
$620.2M
$673.1M
2019
settled with audit
$617.9M
$671.2M
2020
settled with audit
$563.7M
$632.5M
2021
settled with audit
$654.6M
$735.0M
2022
settled with audit
$643.2M
$697.3M
2023
amended
$635.8M
$671.9M
2024
amended
$954.7M
$1.2B
2025
amended
$992.8M
$1.2B

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 Des Moines Medical Center519$992,800,012$1,235,911,928−24.5%
Mercyone Genesis, Davenport308$495,121,236$463,837,4216.3%
Unitypoint Health Des Moines Iowa Methodist Medical Center, Des Moines607$1,264,102,901$1,008,999,88520.2%
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%
University of Iowa Health Care Medical Center, Iowa City743$2,642,499,199$3,090,613,569−17.0%

Patients and payers

Discharges
24,331
S-3 line 14, col 15
Inpatient days
138,278
S-3 line 14, col 8
Beds in use, on an average day
379.9
days ÷ days in year
Occupancy
73.0%
days ÷ bed days
Medicare share of days
24.1%
S-3 cols 6 ÷ 8
Medicaid share of days
6.8%
S-3 cols 7 ÷ 8

Who owns it

  • MERCY HEALTH NETWORK INC100%
  • TRINITY HEALTH CORPORATION100%

Related organizations on its own cost report: TRINITY HEALTH, home office; TRINITIY IT, it home office; MERCY HEALTH, regional ho; MERCYONE DM MED, regional 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).

Follow this hospital, free

We send this record now and tell you when it files again.

More short-term acute care hospitals in Iowa

From the publisher of Velarion Records

Velarion Intel

Independent Decision-Grade Intelligence

Compensation and corporate governance intelligence for advisors, investors and companies. Executive and board pay for public companies, benchmarked against peers.

See what Intel shows

Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2024.ZIP, form CMS-2552-10, filed under CMS certification number 160083. 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 June 3, 2026.