Short-term acute care hospital · Rochester, Minnesota · 61 beds · CMS certification number 240006
Olmsted Medical Center
Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS June 23, 2026. 30 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 $9.5M in its first year on file (1996) to $278.8M in 2025.
- Its result from patient care: −$31.7M (2023), −$30.2M (2024), −$40.6M (2025).
- 4 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 9.1% of its inpatient days and Medicare for 11.7%.
Every statement is drawn from figures on this page; nothing is estimated.
30 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 Minnesota with 50 to 99 beds, each on fiscal year 2025.
| Hospital | Beds | Net patient revenue | Operating expenses | Margin |
|---|---|---|---|---|
| Olmsted Medical Center | 61 | $278,754,672 | $319,393,334 | −14.6% |
| Lake Region Healthcare, Fergus Falls | 80 | $164,381,894 | $177,885,467 | −8.2% |
| Lakeview Hospital, Stillwater | 68 | $167,901,974 | $168,367,068 | −0.3% |
| Fairview Lakes Hospital, Wyoming | 57 | $143,581,694 | $126,065,925 | 12.2% |
| Mayo Clinic Health System-Albert Lea and Austin, Austin | 61 | $318,489,131 | $331,142,926 | −4.0% |
| University Medical Center/ Mesaba Clinics, Hibbing | 73 | $147,938,676 | $158,918,621 | −7.4% |
Patients and payers
- Discharges
- 1,952S-3 line 14, col 15
- Inpatient days
- 6,724S-3 line 14, col 8
- Beds in use, on an average day
- 18.5days ÷ days in year
- Occupancy
- 30.2%days ÷ bed days
- Medicare share of days
- 11.7%S-3 cols 6 ÷ 8
- Medicaid share of days
- 9.1%S-3 cols 7 ÷ 8
Who owns it
Related organizations on its own cost report: CMDI (2%).
Type of control on its cost report: voluntary nonprofit, other.
Community benefit, as filed
From IRS Form 990 Schedule H, Part I, filed by OLMSTED MEDICAL CENTER (employer identification number 410855367) for tax year 2023. The return lists this hospital as its one hospital facility.
| Figure | As filed | Where it comes from |
|---|---|---|
| Total community benefit expense (line 7k) | $41,023,347 | IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><NetCommunityBenefitExpnsAmt> |
| Financial assistance at cost (line 7a) | $1,003,307 | IRS Form 990 Schedule H, Part I, <FinancialAssistanceAtCostTyp><NetCommunityBenefitExpnsAmt> |
| Medicaid (line 7b) | $29,576,939 | IRS Form 990 Schedule H, Part I, <UnreimbursedMedicaidGrp><NetCommunityBenefitExpnsAmt> |
| Financial assistance and means-tested government programs (line 7d) | $31,865,478 | IRS Form 990 Schedule H, Part I, <TotalFinancialAssistanceTyp><NetCommunityBenefitExpnsAmt> |
| Other benefits (line 7j) | $9,157,869 | IRS Form 990 Schedule H, Part I, <TotalOtherBenefitsGrp><NetCommunityBenefitExpnsAmt> |
| Total, fraction of total expense (line 7k, column f) | 0.1545 | IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><TotalExpensePct> |
E-file object id 202402749349301335. The IRS archive it was read from.
Executive and director compensation, as filed
From IRS Form 990 Part VII, Section A, filed by OLMSTED MEDICAL CENTER (employer identification number 410855367) for tax year 2023. 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 |
|---|---|---|---|---|---|
| CAROLE NISTLER MD | PUBLIC TRUSTEE | Trustee/director | $0 | $0 | $0 |
| CASSIE HARRINGTON | PUBLIC TRUSTEE | Trustee/director | $0 | $0 | $0 |
| CORENIA WALZ | PUBLIC TRUSTEE | Trustee/director | $0 | $0 | $0 |
| DON SUPALLA | PUBLIC TRUSTEE | Trustee/director | $0 | $0 | $0 |
| JAMES HOFFMANN DO | PRESIDENT | Trustee/director, Officer | $645,762 | $0 | $31,985 |
| KEITH KLEIS MD | CLINIC TRUSTEE | Trustee/director | $403,115 | $0 | $42,234 |
| KEVIN HIGGINS | CHIEF FINANCIAL OFFICER | Officer | $578,825 | $0 | $50,782 |
| MARAL KENDARIAN MD | CLINIC TRUSTEE | Trustee/director | $391,807 | $0 | $14,623 |
| MARK HERR MD | PHYSICIAN | Highest-compensated employee | $1,051,783 | $0 | $15,395 |
| MARK WILBUR MD CHIEF | MEDICAL OFFICER (STARTING JULY 2023) | Officer | $385,476 | $0 | $15,635 |
| MATTHEW KIRSCH MD | PHYSICIAN | Highest-compensated employee | $1,140,560 | $0 | $42,234 |
| MICHAEL TUOHY | PUBLIC TRUSTEE-CHAIR ELECT | Trustee/director, Officer | $0 | $0 | $0 |
| MIKE MALUGANI | PUBLIC TRUSTEE-CHAIR | Trustee/director, Officer | $0 | $0 | $0 |
| RANDY HEMANN MD CHIEF | MEDICAL OFFICER (THROUGH JUNE 2023) | Officer | $376,634 | $0 | $22,917 |
| SAMER ABDEL-AZIZ MD | PHYSICIAN | Highest-compensated employee | $1,030,524 | $0 | $42,473 |
| SRDAN BABOVIC MD | PHYSICIAN | Highest-compensated employee | $951,501 | $0 | $14,588 |
| TAMARA ALEXANDROV MD | CLINIC TRUSTEE | Trustee/director | $493,641 | $0 | $12,402 |
| TIM WEIR FACHE | CHIEF EXECUTIVE OFFICER | Officer | $945,667 | $0 | $31,142 |
| VIDHAN CHANDRA MD | PHYSICIAN | Highest-compensated employee | $1,065,088 | $0 | $14,969 |
| WENDY SHANNON | PUBLIC TRUSTEE | Trustee/director | $0 | $0 | $0 |
E-file object id 202402749349301335. The IRS archive it was read from.
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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 240006. Patients and payers: worksheet S-3 Part I of the same filing.
How this page was built: the CMS Medicare cost report, file HOSP10FY2025.ZIP, read June 23, 2026.