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Critical access hospital · Glenwood, Minnesota · 19 beds · CMS certification number 241376

Glacial Ridge Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended September 30, 2025, as submitted, stamped by CMS March 16, 2026. Twenty years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue
$58.9M
$58,856,825 · G-3 line 3
Operating expenses
$62.6M
$62,567,040 · G-3 line 4
Result from patient care
−$3.7M
−$3,710,215 · G-3 line 5
Margin on patient care
−6.3%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $10.4M in its first year on file (2006) to $58.9M in 2025.
  • Its result from patient care: −$5.6M (2023), −$4.0M (2024), −$3.7M (2025).
  • 2 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 1.1% of its inpatient days and Medicare for 42.6%.

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

Twenty years of filings

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

Net patient revenueOperating expenses
2006
reopened
$10.4M
$10.4M
2007
settled with audit
$12.8M
$13.2M
2008
settled
$14.5M
$15.4M
2009
settled with audit
$15.8M
$17.6M
2010
reopened
$17.5M
$18.5M
2011
reopened
$18.9M
$20.5M
2012
reopened
$21.4M
$21.8M
2013
settled
$22.0M
$23.1M
2014
settled with audit
$25.6M
$26.3M
2015
settled
$28.0M
$29.1M
2016
settled with audit
$29.3M
$31.5M
2017
settled
$32.2M
$34.5M
2018
settled
$37.4M
$41.4M
2019
settled
$42.1M
$46.4M
2020
settled
$41.8M
$45.7M
2021
settled
$45.6M
$49.2M
2022
settled
$46.9M
$49.4M
2023
settled with audit
$47.4M
$53.0M
2024
as submitted
$53.0M
$57.0M
2025
as submitted
$58.9M
$62.6M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
Glacial Ridge Hospital19$58,856,825$62,567,040−6.3%
Bigfork Valley Hospital, Bigfork20$24,953,935$31,303,544−25.4%
Sanford Tracy Medical Center, Tracy18$14,188,371$13,537,5214.6%
Ridgeview Sibley Medical Center, Arlington20$23,006,989$19,602,95214.8%
Avera Tyler Hospital, Tyler20$14,360,599$14,441,352−0.6%
Windom Area Health, Windom18$32,755,631$32,095,0722.0%

Patients and payers

Discharges
666
S-3 line 14, col 15
Inpatient days
3,134
S-3 line 14, col 8
Beds in use, on an average day
8.6
days ÷ days in year
Occupancy
45.2%
days ÷ bed days
Medicare share of days
42.6%
S-3 cols 6 ÷ 8
Medicaid share of days
1.1%
S-3 cols 7 ÷ 8

Who owns it

Related organizations on its own cost report: RURAL HEALTH SERVICES, diagnostic services; CMDI, diagnostic services; CMDI, diagnostic services.

Type of control on its cost report: governmental, hospital district.

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 241376. 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.