Short-term acute care hospital · Watertown, South Dakota · 81 beds · CMS certification number 430005
Sanford Watertown Medical Center
Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended May 31, 2025, settled, stamped by CMS September 9, 2026. 29 years on file, every one shown below.
Fiscal 2025 at a glance
What stands out
- Net patient revenue rose from $29.2M in its first year on file (1997) to $162.4M in 2025.
- Its result from patient care: −$12.1M (2023), −$8.1M (2024), −$6.1M (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 12.7% of its inpatient days and Medicare for 38.9%.
- SANDFORD 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.
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Beside its peers
Hospitals of the same type (short-term acute care hospital), nearest in size, from South Dakota first; each on fiscal year 2025.
| Hospital | Beds | Net patient revenue | Operating expenses | Margin |
|---|---|---|---|---|
| Sanford Watertown Medical Center | 81 | $162,395,283 | $168,480,440 | −3.8% |
| Avera Heart Hospital of South Dakota, Sioux Falls | 53 | $194,545,088 | $182,324,845 | 6.3% |
| Avera McKennan Hospital and University Health Center, Sioux Falls | 563 | $1,708,179,427 | $1,838,210,780 | −7.6% |
| Avera St. Luke's, Aberdeen | 50 | $198,110,631 | $211,154,077 | −6.6% |
| Monument Health Rapid City Hospital, Rapid City | 416 | $830,101,200 | $959,218,702 | −15.6% |
| Sanford Usd Medical Center, Sioux Falls | 450 | $1,440,768,904 | $1,614,679,139 | −12.1% |
Patients and payers
- Discharges
- 2,390S-3 line 14, col 15
- Inpatient days
- 9,118S-3 line 14, col 8
- Beds in use, on an average day
- 25.0days ÷ days in year
- Occupancy
- 30.8%days ÷ bed days
- Medicare share of days
- 38.9%S-3 cols 6 ÷ 8
- Medicaid share of days
- 12.7%S-3 cols 7 ÷ 8
Who owns it
- SANDFORD HEALTH100%
- SANFORD100%
- SANFORD HEALTH NETWORK100%
Other hospitals with the same owner: Sanford Sheldon Medical Center (IA), Sanford Worthington Medical Center (MN), Sanford Bemidji Medical Center (MN), Sanford Westbrook Medical Center (MN), Sanford Tracy Medical Center (MN), Sanford Wheaton Medical Center (MN), Sanford Jackson Medical Center (MN), Sanford Bagley Medical Center (MN).
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).
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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2024.ZIP, form CMS-2552-10, filed under CMS certification number 430005. 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 September 9, 2026.