Velarion Records

Short-term acute care hospital · Minot, North Dakota · 107 beds · CMS certification number 350006

Trinity Hospitals

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2025, as submitted, stamped by CMS December 19, 2025. 29 years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue
$493.8M
$493,792,492 · G-3 line 3
Operating expenses
$538.6M
$538,600,411 · G-3 line 4
Result from patient care
−$44.8M
−$44,807,919 · G-3 line 5
Margin on patient care
−9.1%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $52.7M in its first year on file (1997) to $493.8M in 2025.
  • Its result from patient care: −$25.6M (2023), −$48.0M (2024), −$44.8M (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 19.7% of its inpatient days and Medicare for 44.3%.
  • TRINITY HEALTH holds 100% of it, on its Medicare enrollment.

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

29 years of filings

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

Net patient revenueOperating expenses
1997
settled with audit
$52.7M
$52.8M
1998
as submitted
$32.6M
$35.2M
1999
settled
$49.3M
$53.4M
2000
settled
$52.9M
$55.9M
2001
settled
$69.3M
$74.7M
2002
reopened
$183.5M
$183.0M
2003
reopened
$198.7M
$196.1M
2004
settled
$208.6M
$207.7M
2005
reopened
$220.4M
$216.0M
2006
reopened
$233.0M
$233.6M
2007
reopened
$248.4M
$252.0M
2008
settled
$268.8M
$268.5M
2009
settled
$288.0M
$288.7M
2010
reopened
$318.6M
$311.2M
2011
reopened
$331.1M
$349.7M
2012
reopened
$384.8M
$397.4M
2013
reopened
$362.6M
$368.9M
2014
settled
$353.3M
$385.2M
2015
reopened
$430.8M
$426.3M
2016
reopened
$455.7M
$447.8M
2017
reopened
$453.9M
$451.8M
2018
settled
$473.8M
$462.7M
2019
settled
$486.4M
$498.3M
2020
settled
$1.2B
$363.3M
2021
settled
$469.9M
$469.6M
2022
settled
$478.4M
$494.2M
2023
settled
$461.4M
$487.0M
2024
as submitted
$471.2M
$519.2M
2025
as submitted
$493.8M
$538.6M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
Trinity Hospitals107$493,792,492$538,600,411−9.1%
Altru Health System, Grand Forks183$650,709,926$717,425,884−10.3%
Pioneers Memorial Hospital, Brawley (CA)107$83,337,524$74,941,08910.1%
Innovis Health, Fargo142$633,086,168$647,556,351−2.3%
Sanford, Bismarck255$833,782,592$969,506,332−16.3%
Sanford Medical Center Fargo, Fargo502$1,765,763,723$2,180,246,713−23.5%

Patients and payers

Discharges
7,359
S-3 line 14, col 15
Inpatient days
31,560
S-3 line 14, col 8
Beds in use, on an average day
86.7
days ÷ days in year
Occupancy
80.8%
days ÷ bed days
Medicare share of days
44.3%
S-3 cols 6 ÷ 8
Medicaid share of days
19.7%
S-3 cols 7 ÷ 8

Who owns it

  • TRINITY HEALTH100%

Related organizations on its own cost report: TRINITY HEALTH (100%), home office.

Other hospitals with the same owner: Mountrail County Medical Center (ND), Kenmare Community Hospital (ND).

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

Owners of 5% or more, from CMS’s hospital ownership file (Medicare enrollment, October 1, 2026).

Community benefit, as filed

Community benefit is filed on IRS Form 990 Schedule H by TRINITY HEALTH & AFFILIATES (employer identification number 331007002) for tax year 2022, once for the 3 hospital facilities the return lists, this hospital among them. The return does not divide it among them.

Follow this hospital, free

We send this record now and tell you when it files again.

More short-term acute care hospitals in North Dakota

From the publisher of Velarion Records

Velarion Intel

Independent Decision-Grade Intelligence

Compensation and corporate governance intelligence for advisors, investors and companies. Executive and board pay for public companies, benchmarked against peers.

See what Intel shows

Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2024.ZIP, form CMS-2552-10, filed under CMS certification number 350006. Patients and payers: worksheet S-3 Part I of the same filing. Ownership: CMS Hospital All Owners and Hospital Enrollments.

How this page was built: the CMS Medicare cost report, file HOSP10FY2024.ZIP, read December 19, 2025.