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Critical access hospital · Madelia, Minnesota · 25 beds · CMS certification number 241323

Madelia Health

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended May 31, 2025, as submitted, stamped by CMS November 7, 2025. 24 years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue
$23.0M
$23,038,187 · G-3 line 3
Operating expenses
$24.8M
$24,835,605 · G-3 line 4
Result from patient care
−$1.8M
−$1,797,418 · G-3 line 5
Margin on patient care
−7.8%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $3.9M in its first year on file (2002) to $23.0M in 2025.
  • Its result from patient care: −$2.9M (2023), −$3.0M (2024), −$1.8M (2025).
  • 3 of the 5 critical access hospital peers below with a margin on file also report a loss on patient care for fiscal year 2025.
  • Medicaid paid for 0.3% of its inpatient days and Medicare for 55.5%.

Every statement is drawn from figures on this page; nothing is estimated.

24 years of filings

Net patient revenue against operating expenses, each year as filed.

Net patient revenueOperating expenses
2002
settled
$3.9M
$4.3M
2003
settled
$5.2M
$5.0M
2004
settled
$5.8M
$5.7M
2005
settled
$6.3M
$6.0M
2006
settled
$7.1M
$6.4M
2007
settled with audit
$8.3M
$7.1M
2008
settled
$7.9M
$8.4M
2009
settled
$8.5M
$8.4M
2010
settled
$8.7M
$8.4M
2011
settled
$9.7M
$9.1M
2012
settled
$7.9M
$10.2M
2013
settled
$9.3M
$10.8M
2014
reopened
$9.3M
$10.6M
2015
reopened
$10.5M
$11.3M
2016
settled
$10.8M
$11.7M
2017
settled
$10.4M
$11.7M
2018
settled
$10.5M
$11.9M
2019
settled
$10.9M
$13.0M
2020
reopened
$12.4M
$13.9M
2021
settled
$14.2M
$16.2M
2022
settled
$16.5M
$19.2M
2023
settled
$17.8M
$20.7M
2024
settled
$20.1M
$23.1M
2025
as submitted
$23.0M
$24.8M

Beside its peers

Critical access hospitals in Minnesota with 25 to 49 beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Madelia Health25$23,038,187$24,835,605−7.8%
CCM Health, Montevideo25$72,369,462$75,837,744−4.8%
Lakewood Health System, Staples25$153,924,280$170,270,412−10.6%
River's Edge Hospital & Clinic, St. Peter25$69,851,893$67,746,3243.0%
Riverwood Health Care Center, Aitkin25$99,605,141$120,986,513−21.5%
Sanford Bagley Medical Center, Bagley25$15,624,155$14,799,7675.3%

Patients and payers

Discharges
116
S-3 line 14, col 15
Inpatient days
796
S-3 line 14, col 8
Beds in use, on an average day
2.2
days ÷ days in year
Occupancy
8.7%
days ÷ bed days
Medicare share of days
55.5%
S-3 cols 6 ÷ 8
Medicaid share of days
0.3%
S-3 cols 7 ÷ 8

Who owns it

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

Community benefit, as filed

From IRS Form 990 Schedule H, Part I, filed by MADELIA HEALTH (employer identification number 410758512) for tax year 2022. The return lists this hospital as its one hospital facility.

FigureAs filedWhere it comes from
Total community benefit expense (line 7k)$1,619,799IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><NetCommunityBenefitExpnsAmt>
Financial assistance at cost (line 7a)$495,000IRS Form 990 Schedule H, Part I, <FinancialAssistanceAtCostTyp><NetCommunityBenefitExpnsAmt>
Medicaid (line 7b)$145,822IRS Form 990 Schedule H, Part I, <UnreimbursedMedicaidGrp><NetCommunityBenefitExpnsAmt>
Financial assistance and means-tested government programs (line 7d)$640,822IRS Form 990 Schedule H, Part I, <TotalFinancialAssistanceTyp><NetCommunityBenefitExpnsAmt>
Other benefits (line 7j)$978,977IRS Form 990 Schedule H, Part I, <TotalOtherBenefitsGrp><NetCommunityBenefitExpnsAmt>
Total, fraction of total expense (line 7k, column f)0.0787IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><TotalExpensePct>

E-file object id 202402909349301315. The IRS archive it was read from.

Executive and director compensation, as filed

From IRS Form 990 Part VII, Section A, filed by MADELIA HEALTH (employer identification number 410758512) for tax year 2022. The return lists this hospital as its one hospital facility.

NameTitleRoleReportable comp, from this organizationReportable comp, from related organizationsOther compensation
BRENT CHRISTENSENBOARD MEMBER FROM 11/2022Trustee/director$0$0$0
BRIAN MCCABECHAIRTrustee/director, Officer$1,050$0$0
BRUCE CARVENCFOOfficer$140,684$0$1,127
BRUCE ROREMPHYSICIANHighest-compensated employee$231,583$0$2,619
DAVID WALZCEO FROM 01/2023Officer$0$0$0
DENNIS ARDUSERVICE CHAIR UNTIL 10/2022Trustee/director, Officer$750$0$0
ELIZABETH SCHMIDTBOARD MEMBERTrustee/director$700$0$0
JAKE REDDENCEO UNTIL 01/2023Officer$233,975$0$23,520
JULIE DOLPHINNURSE PRACTITIONERHighest-compensated employee$210,324$0$7,887
KARLA BOETTCHERNURSE PRACTITIONERHighest-compensated employee$158,526$0$16,052
KEN GRONEWOLDBOARD MEMBERTrustee/director$700$0$0
NICOLAS SANHUEZA CASTILLOPHYSICIAN UNTIL 06/2023Highest-compensated employee$335,739$0$4,507
NORMA KRUMIEDEBOARD MEMBERTrustee/director$1,200$0$0
ROZ SNYDERCCOOfficer$149,678$0$28,143
RYAN VISHERBOARD MEMBER/VICE CHAIRTrustee/director, Officer$700$0$0
SARAH DRYDENPHYSICIANHighest-compensated employee$269,008$0$18,566
STEVE COOLINGBOARD MEMBERTrustee/director$700$0$0
STEVE SORENSONTREASURER/SECRETARYTrustee/director, Officer$1,050$0$0
WENDY HENNAGERBOARD MEMBERTrustee/director$700$0$0

E-file object id 202402909349301315. The IRS archive it was read from.

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2024.ZIP, form CMS-2552-10, filed under CMS certification number 241323. Patients and payers: worksheet S-3 Part I of the same filing.

How this page was built: the CMS Medicare cost report, file HOSP10FY2024.ZIP, read November 7, 2025.