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Critical access hospital · Waverly, Iowa · 21 beds · CMS certification number 161339

Waverly Health Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2025, as submitted, stamped by CMS December 5, 2025. 23 years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue
$86.3M
$86,309,668 · G-3 line 3
Operating expenses
$83.1M
$83,060,067 · G-3 line 4
Result from patient care
$3.2M
$3,249,601 · G-3 line 5
Margin on patient care
3.8%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $18.6M in its first year on file (2003) to $86.3M in 2025.
  • Its result from patient care: −$5.9M (2023), $3.8M (2024), $3.2M (2025).
  • 3 of the 5 critical access hospital peers below with a margin on file also report a gain on patient care for fiscal year 2025.
  • Medicaid paid for 0.5% of its inpatient days and Medicare for 31.4%.

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

23 years of filings

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

Net patient revenueOperating expenses
2003
settled with audit
$18.6M
$17.0M
2004
settled with audit
$19.6M
$18.6M
2005
settled with audit
$23.6M
$22.7M
2006
settled
$26.8M
$27.9M
2007
reopened
$31.0M
$32.6M
2008
settled
$35.6M
$37.5M
2009
settled
$37.7M
$39.5M
2010
settled
$39.8M
$40.8M
2011
reopened
$46.2M
$44.6M
2012
reopened
$46.4M
$47.4M
2013
reopened
$46.7M
$47.9M
2014
settled
$47.1M
$48.7M
2015
settled
$50.4M
$50.0M
2016
settled with audit
$52.8M
$52.7M
2017
settled
$53.1M
$55.3M
2018
settled
not filed
$54.6M
2019
settled
$55.7M
$58.5M
2020
settled
$56.2M
$60.4M
2021
settled with audit
$60.1M
$64.4M
2022
settled
$64.7M
$69.8M
2023
as submitted
$68.6M
$74.5M
2024
as submitted
$83.2M
$79.4M
2025
as submitted
$86.3M
$83.1M

Beside its peers

Critical access hospitals in Iowa with under 25 beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Waverly Health Center21$86,309,668$83,060,0673.8%
CHI Health Mercy Corning, Corning22$25,835,195$23,860,2527.6%
Iowa Specialty Hospital-Belmond, Belmond22$57,273,852$56,019,6092.2%
Mercyone Centerville Medical Center, Centerville20$44,080,284$48,568,031−10.2%
Stewart Memorial Community Hospital, Lake City20$44,272,512$44,190,5370.2%
Washington County Hospital and Clinics, Washington22$50,710,526$61,510,063−21.3%

Patients and payers

Discharges
549
S-3 line 14, col 15
Inpatient days
2,853
S-3 line 14, col 8
Beds in use, on an average day
7.8
days ÷ days in year
Occupancy
37.2%
days ÷ bed days
Medicare share of days
31.4%
S-3 cols 6 ÷ 8
Medicaid share of days
0.5%
S-3 cols 7 ÷ 8

Who owns it

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

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2024.ZIP, form CMS-2552-10, filed under CMS certification number 161339. Patients and payers: worksheet S-3 Part I of the same filing.

How this page was built: the CMS Medicare cost report, file HOSP10FY2024.ZIP, read December 5, 2025.