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Critical access hospital · Cannon Falls, Minnesota · 15 beds · CMS certification number 241346

Mayo Clinic Health System-Cannon Falls

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS June 10, 2026. 22 years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue
$63.7M
$63,713,714 · G-3 line 3
Operating expenses
$54.5M
$54,516,600 · G-3 line 4
Result from patient care
$9.2M
$9,197,114 · G-3 line 5
Margin on patient care
14.4%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $5.3M in its first year on file (2004) to $63.7M in 2025.
  • Its result from patient care: $5.5M (2023), $9.9M (2024), $9.2M (2025).
  • 1 of the 5 critical access hospital peers below with a margin on file also reports a gain on patient care for fiscal year 2025.
  • Medicaid paid for 8.5% of its inpatient days and Medicare for 48.3%.

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

22 years of filings

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

Net patient revenueOperating expenses
2004
settled
$5.3M
$7.3M
2005
settled
$8.5M
$9.0M
2006
settled
$8.6M
$8.6M
2007
settled
$13.3M
$12.6M
2008
settled
$15.2M
$14.7M
2009
settled
$16.1M
$14.5M
2010
settled
$18.0M
$17.1M
2011
settled
$18.4M
$18.5M
2012
settled
$21.3M
$20.2M
2013
settled
$22.3M
$21.7M
2014
settled
$25.6M
$23.9M
2015
settled with audit
$28.3M
$26.1M
2016
settled
$29.9M
$27.1M
2017
settled
$32.4M
$28.9M
2018
settled
$33.0M
$30.9M
2019
settled
$35.3M
$32.6M
2020
settled
$35.1M
$33.3M
2021
settled
$40.8M
$36.7M
2022
settled
$40.7M
$38.5M
2023
settled
$44.8M
$39.3M
2024
as submitted
$56.4M
$46.4M
2025
as submitted
$63.7M
$54.5M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
Mayo Clinic Health System-Cannon Falls15$63,713,714$54,516,60014.4%
North Shore Health, Grand Marais16$25,050,131$26,723,168−6.7%
Essentia Health Holy Trinity Hospital, Graceville15$12,506,747$12,838,504−2.6%
Lakewood Health Center, Baudette15$20,770,829$23,699,394−14.1%
Olivia Hospital & Clinic, Olivia16$71,690,189$34,107,64152.4%
Sanford Wheaton Medical Center, Wheaton15$11,511,345$11,515,043−0.0%

Patients and payers

Discharges
195
S-3 line 14, col 15
Inpatient days
4,316
S-3 line 14, col 8
Beds in use, on an average day
11.9
days ÷ days in year
Occupancy
78.8%
days ÷ bed days
Medicare share of days
48.3%
S-3 cols 6 ÷ 8
Medicaid share of days
8.5%
S-3 cols 7 ÷ 8

Who owns it

Related organizations on its own cost report: MAYO CLINIC, clinic ancillar; MFMER, shared services; SEMN REGION, shared services; ALBERT LEA MEDI, shared services; MCSI, shared services.

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 241346. 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.