Velarion Records

Short-term acute care hospital · Hibbing, Minnesota · 73 beds · CMS certification number 240040

University Medical Center/ Mesaba Clinics

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS June 1, 2026. 30 years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue
$147.9M
$147,938,676 · G-3 line 3
Operating expenses
$158.9M
$158,918,621 · G-3 line 4
Result from patient care
−$11.0M
−$10,979,945 · G-3 line 5
Margin on patient care
−7.4%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $13.4M in its first year on file (1996) to $147.9M in 2025.
  • Its result from patient care: −$6.0M (2023), −$20.2M (2024), −$11.0M (2025).
  • 3 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 8.1% of its inpatient days and Medicare for 23.5%.

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.

Net patient revenueOperating expenses
1996
reopened
$13.4M
$14.0M
1997
reopened
$28.9M
$28.2M
1998
reopened
$31.0M
$28.7M
1999
settled
$35.1M
$33.0M
2000
settled
$44.2M
$50.9M
2001
settled
$58.0M
$56.7M
2002
settled
$63.8M
$62.7M
2003
settled
$68.7M
$67.0M
2004
settled
$70.8M
$68.4M
2005
reopened
$74.0M
$72.2M
2006
reopened
$78.4M
$77.9M
2007
settled
$82.2M
$80.6M
2008
settled
$84.1M
$85.5M
2009
reopened
$84.2M
$87.3M
2010
reopened
$85.9M
$91.0M
2011
reopened
$86.9M
$93.5M
2012
reopened
$96.6M
$99.3M
2013
reopened
$97.2M
$108.1M
2014
settled
$99.2M
$106.1M
2015
settled
$104.2M
$107.3M
2016
settled
$110.0M
$113.1M
2017
settled
$114.3M
$117.8M
2018
settled
$120.2M
$119.2M
2019
settled
$120.9M
$122.4M
2020
settled
$105.9M
$119.8M
2021
settled
$121.5M
$128.9M
2022
settled
$121.0M
$133.4M
2023
settled
$129.2M
$135.2M
2024
as submitted
$131.2M
$151.4M
2025
as submitted
$147.9M
$158.9M

Beside its peers

Short-term acute care hospitals in Minnesota with 50 to 99 beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
University Medical Center/ Mesaba Clinics73$147,938,676$158,918,621−7.4%
Centracare - Rice Memorial Hospital, Willmar81$149,123,106$144,659,0253.0%
Healtheast Woodwinds Hospital, Woodbury86$232,087,237$220,745,9764.9%
Lake Region Healthcare, Fergus Falls80$164,381,894$177,885,467−8.2%
Lakeview Hospital, Stillwater68$167,901,974$168,367,068−0.3%
Olmsted Medical Center, Rochester61$278,754,672$319,393,334−14.6%

Patients and payers

Discharges
2,117
S-3 line 14, col 15
Inpatient days
12,446
S-3 line 14, col 8
Beds in use, on an average day
34.2
days ÷ days in year
Occupancy
46.7%
days ÷ bed days
Medicare share of days
23.5%
S-3 cols 6 ÷ 8
Medicaid share of days
8.1%
S-3 cols 7 ÷ 8

Who owns it

Related organizations on its own cost report: FAIRVIEW HEALTH, healthcare; FAIRVIEW HEALTH, healthcare; FAIRVIEW HEALTH, healthcare; CMDI, imaging; CMDI, imaging.

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

Community benefit, as filed

From IRS Form 990 Schedule H, Part I, filed by Range Regional Health Services (employer identification number 411293970) for tax year 2023. The return lists this hospital as its one hospital facility.

FigureAs filedWhere it comes from
Total community benefit expense (line 7k)$13,328,191IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><NetCommunityBenefitExpnsAmt>
Financial assistance at cost (line 7a)$2,115,051IRS Form 990 Schedule H, Part I, <FinancialAssistanceAtCostTyp><NetCommunityBenefitExpnsAmt>
Medicaid (line 7b)$10,096,037IRS Form 990 Schedule H, Part I, <UnreimbursedMedicaidGrp><NetCommunityBenefitExpnsAmt>
Financial assistance and means-tested government programs (line 7d)$12,211,088IRS Form 990 Schedule H, Part I, <TotalFinancialAssistanceTyp><NetCommunityBenefitExpnsAmt>
Other benefits (line 7j)$1,117,103IRS Form 990 Schedule H, Part I, <TotalOtherBenefitsGrp><NetCommunityBenefitExpnsAmt>
Total, fraction of total expense (line 7k, column f)0.0986IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><TotalExpensePct>

E-file object id 202443169349304369. 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 240040. 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 1, 2026.