Short-term acute care hospital · Fergus Falls, Minnesota · 80 beds · CMS certification number 240052
Lake Region Healthcare
Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended September 30, 2025, as submitted, stamped by CMS March 16, 2026. 29 years on file, every one shown below.
Fiscal 2025 at a glance
What stands out
- Net patient revenue rose from $30.4M in its first year on file (1997) to $164.4M in 2025.
- Its result from patient care: −$22.4M (2023), −$14.3M (2024), −$13.5M (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 7.1% of its inpatient days and Medicare for 30.0%.
Every statement is drawn from figures on this page; nothing is estimated.
29 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 |
|---|---|---|---|---|
| Lake Region Healthcare | 80 | $164,381,894 | $177,885,467 | −8.2% |
| Centracare - Rice Memorial Hospital, Willmar | 81 | $149,123,106 | $144,659,025 | 3.0% |
| Healtheast Woodwinds Hospital, Woodbury | 86 | $232,087,237 | $220,745,976 | 4.9% |
| Lakeview Hospital, Stillwater | 68 | $167,901,974 | $168,367,068 | −0.3% |
| University Medical Center/ Mesaba Clinics, Hibbing | 73 | $147,938,676 | $158,918,621 | −7.4% |
| St. Francis Regional Medical Center, Shakopee | 89 | $241,442,180 | $247,202,407 | −2.4% |
Patients and payers
- Discharges
- 1,170S-3 line 14, col 15
- Inpatient days
- 3,978S-3 line 14, col 8
- Beds in use, on an average day
- 10.9days ÷ days in year
- Occupancy
- 13.6%days ÷ bed days
- Medicare share of days
- 30.0%S-3 cols 6 ÷ 8
- Medicaid share of days
- 7.1%S-3 cols 7 ÷ 8
Who owns it
Related organizations on its own cost report: W CENTRAL LINEN, laundry; PRAIRIE RIDGE, hospital; LAKE REGION, home office.
Type of control on its cost report: voluntary nonprofit, other.
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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 240052. 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 March 16, 2026.