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Short-term acute care hospital · Stillwater, Minnesota · 68 beds · CMS certification number 240066

Lakeview Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS June 10, 2026. 30 years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$167.9M
$167,901,974 · G-3 line 3
Operating expenses
$168.4M
$168,367,068 · G-3 line 4
Result from patient care
−$465K
−$465,094 · G-3 line 5
Margin on patient care
−0.3%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $26.6M in its first year on file (1996) to $167.9M in 2025.
  • Its result from patient care: −$2.0M (2023), −$3.9M (2024), −$465K (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 9.7% of its inpatient days and Medicare for 28.1%.

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
$26.6M
$25.1M
1997
reopened
$28.7M
$27.1M
1998
reopened
$31.6M
$29.9M
1999
reopened
$33.9M
$35.1M
2000
settled
$36.5M
$37.1M
2001
settled
$41.2M
$40.5M
2002
settled
$47.8M
$46.0M
2003
settled
$53.7M
$53.3M
2004
settled
$58.5M
$59.3M
2005
settled
$69.8M
$68.8M
2006
settled
$75.5M
$75.9M
2007
settled
$101.0M
$83.4M
2008
settled
$91.0M
$92.0M
2009
settled
$88.5M
$86.4M
2010
settled
$85.5M
$86.1M
2011
reopened
$60.2M
$59.0M
2012
reopened
$82.2M
$81.2M
2013
reopened
$89.5M
$85.8M
2014
settled
$90.4M
$89.4M
2015
reopened
$99.8M
$92.7M
2016
settled
$111.4M
$101.4M
2017
settled
$117.8M
$109.6M
2018
settled
$115.5M
$114.0M
2019
settled
$124.8M
$122.3M
2020
settled
$120.0M
$120.8M
2021
settled
$149.5M
$144.3M
2022
settled
$411.9M
$160.9M
2023
settled
$173.6M
$175.5M
2024
as submitted
$179.7M
$183.7M
2025
as submitted
$167.9M
$168.4M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
Lakeview Hospital68$167,901,974$168,367,068−0.3%
Centracare - Rice Memorial Hospital, Willmar81$149,123,106$144,659,0253.0%
Lake Region Healthcare, Fergus Falls80$164,381,894$177,885,467−8.2%
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
4,246
S-3 line 14, col 15
Inpatient days
15,399
S-3 line 14, col 8
Beds in use, on an average day
42.3
days ÷ days in year
Occupancy
62.0%
days ÷ bed days
Medicare share of days
28.1%
S-3 cols 6 ÷ 8
Medicaid share of days
9.7%
S-3 cols 7 ÷ 8

Who owns it

Related organizations on its own cost report: REGIONS; HUDSON; AMERY; WESTFIELDS; GHI.

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 240066. 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 10, 2026.