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Short-term acute care hospital · Wyoming, Minnesota · 57 beds · CMS certification number 240050

Fairview Lakes Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS May 19, 2026. 30 years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$143.6M
$143,581,694 · G-3 line 3
Operating expenses
$126.1M
$126,065,925 · G-3 line 4
Result from patient care
$17.5M
$17,515,769 · G-3 line 5
Margin on patient care
12.2%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $8.6M in its first year on file (1996) to $143.6M in 2025.
  • Its result from patient care: $12.9M (2023), $13.2M (2024), $17.5M (2025).
  • None of the 5 short-term acute care hospital peers below with a margin on file reports a gain on patient care for fiscal year 2025.
  • Medicaid paid for 3.7% of its inpatient days and Medicare for 23.2%.

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
$8.6M
$7.8M
1997
reopened
$8.5M
$7.1M
1998
reopened
$49.1M
$53.6M
1999
reopened
$54.4M
$59.9M
2000
reopened
$64.1M
$69.7M
2001
settled
$78.8M
$76.6M
2002
settled
$89.2M
$83.8M
2003
settled
$92.5M
$89.6M
2004
reopened
$106.7M
$102.6M
2005
reopened
$115.4M
$119.9M
2006
reopened
$125.6M
$127.3M
2007
reopened
$135.9M
$133.3M
2008
reopened
$141.5M
$143.5M
2009
reopened
$147.5M
$138.6M
2010
reopened
$111.1M
$102.3M
2011
reopened
$111.3M
$106.0M
2012
reopened
$98.4M
$87.3M
2013
reopened
$93.0M
$87.4M
2014
reopened
$93.7M
$88.0M
2015
settled
$99.9M
$89.2M
2016
settled
$99.2M
$88.8M
2017
reopened
$104.2M
$94.7M
2018
reopened
$109.7M
$95.1M
2019
reopened
$110.9M
$96.3M
2020
reopened
$95.8M
$93.0M
2021
settled
$111.5M
$100.8M
2022
settled
$119.6M
$107.3M
2023
settled
$126.5M
$113.6M
2024
as submitted
$129.9M
$116.8M
2025
as submitted
$143.6M
$126.1M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
Fairview Lakes Hospital57$143,581,694$126,065,92512.2%
Lake Region Healthcare, Fergus Falls80$164,381,894$177,885,467−8.2%
Lakeview Hospital, Stillwater68$167,901,974$168,367,068−0.3%
Mayo Clinic Health System-Albert Lea and Austin, Austin61$318,489,131$331,142,926−4.0%
Olmsted Medical Center, Rochester61$278,754,672$319,393,334−14.6%
University Medical Center/ Mesaba Clinics, Hibbing73$147,938,676$158,918,621−7.4%

Patients and payers

Discharges
3,326
S-3 line 14, col 15
Inpatient days
11,588
S-3 line 14, col 8
Beds in use, on an average day
31.8
days ÷ days in year
Occupancy
55.7%
days ÷ bed days
Medicare share of days
23.2%
S-3 cols 6 ÷ 8
Medicaid share of days
3.7%
S-3 cols 7 ÷ 8

Who owns it

Related organizations on its own cost report: FAIRVIEW LAKES (100%), healthcare; CMDI, radiology; HSCL, laundry.

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

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 240050. 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 May 19, 2026.