Velarion Records

Short-term acute care hospital · Fairmont, Minnesota · 14 beds · CMS certification number 240166

Mayo Clinic Health System-Fairmont

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
$74.2M
$74,239,760 · G-3 line 3
Operating expenses
$80.8M
$80,814,455 · G-3 line 4
Result from patient care
−$6.6M
−$6,574,695 · G-3 line 5
Margin on patient care
−8.9%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $15.2M in its first year on file (1996) to $74.2M in 2025.
  • Its result from patient care: −$3.5M (2023), −$7.3M (2024), −$6.6M (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 9.7% of its inpatient days and Medicare for 43.5%.

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
$15.2M
$15.0M
1997
reopened
$17.7M
$16.6M
1998
reopened
$20.0M
$18.6M
1999
settled
$20.5M
$20.1M
2000
settled
$22.5M
$22.5M
2001
settled
$24.8M
$24.8M
2002
reopened
$27.0M
$28.6M
2003
reopened
$32.9M
$32.4M
2004
reopened
$37.2M
$38.2M
2005
settled
$62.4M
$65.0M
2006
reopened
$63.8M
$65.8M
2007
settled
$66.4M
$68.8M
2008
settled
$74.5M
$76.5M
2009
settled
$82.1M
$80.8M
2010
settled
$80.2M
$78.6M
2011
reopened
$76.7M
$80.1M
2012
reopened
$78.6M
$84.3M
2013
reopened
$74.2M
$85.9M
2014
reopened
$74.0M
$76.2M
2015
settled
$73.8M
$79.4M
2016
reopened
$68.2M
$80.3M
2017
settled
$73.9M
$83.3M
2018
reopened
$75.6M
$81.2M
2019
settled
$72.7M
$83.0M
2020
reopened
$66.7M
$76.5M
2021
settled
$79.2M
$82.8M
2022
settled
$82.2M
$85.2M
2023
settled
$78.7M
$82.2M
2024
as submitted
$76.5M
$83.8M
2025
as submitted
$74.2M
$80.8M

Beside its peers

Hospitals of the same type (short-term acute care hospital), nearest in size, from Minnesota first; each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Mayo Clinic Health System-Fairmont14$74,239,760$80,814,455−8.9%
Allina Health Faribault Medical Center, Faribault31$64,167,128$67,498,029−5.2%
Cambridge Medical Center, Cambridge32$93,700,111$94,706,743−1.1%
Grand Itasca Clinic and Hospital, Grand Rapids34$147,100,610$154,400,702−5.0%
Mayo Clinic Health System-Red Wing, Red Wing23$154,621,960$153,652,0130.6%
Northfield Hospital, Northfield33$140,063,159$145,359,982−3.8%

Patients and payers

Discharges
913
S-3 line 14, col 15
Inpatient days
3,140
S-3 line 14, col 8
Beds in use, on an average day
8.6
days ÷ days in year
Occupancy
61.5%
days ÷ bed days
Medicare share of days
43.5%
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: MAYO CLINIC ROC (100%), management; MCHS - MANKATO (100%), lab services; MAYO OUTREACH (100%), echo tests; MCHS - EC CLINI (100%), sleep studies; MML ROCHESTER (100%), lab.

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 240166. 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.