Velarion Records

Critical access hospital · Charles City, Iowa · 25 beds · CMS certification number 161347

Floyd County Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2025, as submitted, stamped by CMS December 8, 2025. 23 years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue
$55.8M
$55,797,850 · G-3 line 3
Operating expenses
$54.1M
$54,131,337 · G-3 line 4
Result from patient care
$1.7M
$1,666,513 · G-3 line 5
Margin on patient care
3.0%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $5.5M in its first year on file (2003) to $55.8M in 2025.
  • Its result from patient care: −$2.5M (2023), $650K (2024), $1.7M (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 7.0% of its inpatient days and Medicare for 65.4%.

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
$5.5M
$4.9M
2004
reopened
$15.6M
$15.0M
2005
settled with audit
$16.6M
$15.8M
2006
settled
$16.4M
$16.3M
2007
settled
$18.3M
$17.8M
2008
settled
$21.0M
$20.4M
2009
settled
$21.6M
$21.7M
2010
settled with audit
$21.6M
$21.4M
2011
settled
$22.5M
$22.0M
2012
settled
$23.7M
$23.1M
2013
reopened
$24.3M
$23.9M
2014
settled
$22.8M
$23.3M
2015
settled with audit
$23.3M
$22.7M
2016
settled
$24.3M
$23.8M
2017
settled
$25.4M
$25.8M
2018
settled
$27.3M
$27.9M
2019
settled
$28.3M
$29.9M
2020
settled
$28.3M
$31.1M
2021
settled
$29.9M
$31.6M
2022
settled
$34.8M
$33.8M
2023
settled
$37.5M
$40.0M
2024
settled
$48.2M
$47.6M
2025
as submitted
$55.8M
$54.1M

Beside its peers

Critical access hospitals in Iowa with 25 to 49 beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Floyd County Medical Center25$55,797,850$54,131,3373.0%
Franklin General Hospital, Hampton25$29,579,752$30,707,291−3.8%
Grundy County Memorial Hospital, Grundy Center25$40,182,578$34,694,38013.7%
Hancock County Health System, Britt25$31,795,008$34,237,396−7.7%
Iowa Specialty Hospital- Clarion, Clarion25$98,705,037$95,382,1813.4%
Pocahontas Community Hospital, Pocahontas25$18,666,192$17,733,4855.0%

Patients and payers

Discharges
387
S-3 line 14, col 15
Inpatient days
2,950
S-3 line 14, col 8
Beds in use, on an average day
8.1
days ÷ days in year
Occupancy
32.3%
days ÷ bed days
Medicare share of days
65.4%
S-3 cols 6 ÷ 8
Medicaid share of days
7.0%
S-3 cols 7 ÷ 8

Who owns it

Type of control on its cost report: governmental, county.

Follow this hospital, free

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More critical access hospitals in Iowa

Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2024.ZIP, form CMS-2552-10, filed under CMS certification number 161347. 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 8, 2025.