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Short-term acute care hospital · Mitchell, South Dakota · 50 beds · CMS certification number 430013

Avera Queen of Peace

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended July 20, 2022, reopened, stamped by CMS August 28, 2025. 27 years on file, every one shown below.

Fiscal 2022 at a glance

Net patient revenue
$129.2M
$129,167,917 · G-3 line 3
Operating expenses
$140.4M
$140,419,260 · G-3 line 4
Result from patient care
−$11.3M
−$11,251,343 · G-3 line 5
Margin on patient care
−8.7%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $34.3M in its first year on file (1996) to $129.2M in 2022.
  • Its result from patient care: −$16.3M (2020), −$9.6M (2021), −$11.3M (2022).
  • 3 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 2022.

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

27 years of filings

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

Net patient revenueOperating expenses
1996
settled
$34.3M
$33.6M
1997
reopened
$34.3M
$33.5M
1998
settled
$34.8M
$33.8M
1999
settled
$38.0M
$36.5M
2000
settled
$40.7M
$39.6M
2001
reopened
$43.4M
$45.4M
2002
reopened
$33.9M
$35.4M
2003
settled with audit
$50.1M
$51.2M
2004
reopened
$52.6M
$54.0M
2005
reopened
$52.7M
$56.3M
2006
reopened
$56.9M
$58.4M
2007
reopened
$60.7M
$61.6M
2008
settled
$69.9M
$70.3M
2009
settled
$72.7M
$75.6M
2010
settled
$76.4M
$76.7M
2011
settled
$72.1M
$65.6M
2012
settled
$86.7M
$84.7M
2013
settled
$89.0M
$89.0M
2014
reopened
$92.0M
$94.4M
2015
settled
$97.9M
$96.9M
2016
settled
$99.9M
$103.4M
2017
settled
$103.1M
$107.0M
2018
settled
$103.4M
$105.9M
2019
settled with audit
$107.7M
$113.6M
2020
reopened
$105.3M
$121.6M
2021
settled
$116.4M
$126.1M
2022
reopened
$129.2M
$140.4M

Beside its peers

Short-term acute care hospitals in South Dakota with 50 to 99 beds, each on fiscal year 2022.

HospitalBedsNet patient revenueOperating expensesMargin
Avera Queen of Peace50$129,167,917$140,419,260−8.7%
Avera Heart Hospital of South Dakota, Sioux Falls53$127,041,662$123,919,2622.5%
Avera Sacred Heart Hospital, Yankton75$123,348,781$124,754,791−1.1%
Avera St. Marys Hospital, Pierre50$100,859,645$115,184,167−14.2%
Avera St. Luke's, Aberdeen50$209,721,558$219,851,468−4.8%
Sanford Watertown Medical Center, Watertown81$146,103,452$124,012,15815.1%

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2021.ZIP, form CMS-2552-10, filed under CMS certification number 430013.

How this page was built: the CMS Medicare cost report, file HOSP10FY2021.ZIP, read August 28, 2025.