Velarion Records

Critical access hospital · Oskaloosa, Iowa · 25 beds · CMS certification number 161379

Mahaska Health

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

Fiscal 2025 at a glance

Net patient revenue
$124.6M
$124,587,881 · G-3 line 3
Operating expenses
$110.3M
$110,258,633 · G-3 line 4
Result from patient care
$14.3M
$14,329,248 · G-3 line 5
Margin on patient care
11.5%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $16.9M in its first year on file (2006) to $124.6M in 2025.
  • Its result from patient care: −$3.0M (2023), $1.8M (2024), $14.3M (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 4.7% of its inpatient days and Medicare for 34.1%.

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

Twenty years of filings

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

Net patient revenueOperating expenses
2006
settled
$16.9M
$17.5M
2007
settled with audit
$27.0M
$27.9M
2008
settled
$28.1M
$29.5M
2009
reopened
$29.5M
$31.7M
2010
settled with audit
$30.5M
$32.7M
2011
settled
$33.5M
$35.2M
2012
settled with audit
$35.9M
$37.7M
2013
settled
$39.4M
$41.8M
2014
settled
$48.6M
$52.0M
2015
reopened
$48.4M
$54.3M
2016
settled
$49.2M
$55.8M
2017
settled
$46.7M
$56.0M
2018
settled
$52.6M
$60.6M
2019
settled
$54.7M
$62.4M
2020
settled
$47.8M
$59.3M
2021
settled
$57.6M
$69.8M
2022
settled
$69.6M
$68.1M
2023
settled
$75.6M
$78.6M
2024
settled
$95.0M
$93.2M
2025
as submitted
$124.6M
$110.3M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
Mahaska Health25$124,587,881$110,258,63311.5%
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
758
S-3 line 14, col 15
Inpatient days
5,670
S-3 line 14, col 8
Beds in use, on an average day
15.6
days ÷ days in year
Occupancy
62.1%
days ÷ bed days
Medicare share of days
34.1%
S-3 cols 6 ÷ 8
Medicaid share of days
4.7%
S-3 cols 7 ÷ 8

Who owns it

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

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2024.ZIP, form CMS-2552-10, filed under CMS certification number 161379. 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 3, 2025.