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Short-term acute care hospital · Sioux Falls, South Dakota · 563 beds · CMS certification number 430016

Avera McKennan Hospital and University Health Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2025, as submitted, stamped by CMS February 19, 2026. 29 years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue
$1.7B
$1,708,179,427 · G-3 line 3
Operating expenses
$1.8B
$1,838,210,780 · G-3 line 4
Result from patient care
−$130.0M
−$130,031,353 · G-3 line 5
Margin on patient care
−7.6%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $154.6M in its first year on file (1997) to $1.7B in 2025.
  • Its result from patient care: −$132.3M (2023), −$80.0M (2024), −$130.0M (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 18.4% of its inpatient days and Medicare for 27.9%.

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
$154.6M
$162.1M
1998
settled with audit
$171.2M
$176.5M
1999
reopened
$195.1M
$201.0M
2000
reopened
$224.8M
$230.7M
2001
reopened
$231.4M
$243.7M
2002
reopened
$182.9M
$199.9M
2003
reopened
$257.2M
$313.3M
2004
reopened
$279.1M
$336.1M
2005
reopened
$359.6M
$375.5M
2006
settled
$267.9M
$256.1M
2007
reopened
$277.9M
$275.3M
2008
reopened
$328.9M
$315.1M
2009
reopened
$356.1M
$335.1M
2010
reopened
$380.0M
$343.3M
2011
reopened
$676.8M
$677.3M
2012
reopened
$710.7M
$723.0M
2013
reopened
$755.1M
$786.7M
2014
reopened
$778.7M
$800.3M
2015
reopened
$883.9M
$896.0M
2016
reopened
$928.5M
$967.7M
2017
reopened
$1.0B
$1.0B
2018
reopened
$1.1B
$1.1B
2019
settled
$1.1B
$1.2B
2020
as submitted
$1.2B
$1.3B
2021
as submitted
$1.3B
$1.5B
2022
as submitted
$1.2B
$1.4B
2023
as submitted
$1.3B
$1.5B
2024
as submitted
$1.5B
$1.6B
2025
as submitted
$1.7B
$1.8B

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.

HospitalBedsNet patient revenueOperating expensesMargin
Avera McKennan Hospital and University Health Center563$1,708,179,427$1,838,210,780−7.6%
Avera Heart Hospital of South Dakota, Sioux Falls53$194,545,088$182,324,8456.3%
Avera St. Luke's, Aberdeen50$198,110,631$211,154,077−6.6%
Monument Health Rapid City Hospital, Rapid City416$830,101,200$959,218,702−15.6%
Sanford Watertown Medical Center, Watertown81$162,395,283$168,480,440−3.8%
Sanford Usd Medical Center, Sioux Falls450$1,440,768,904$1,614,679,139−12.1%

Patients and payers

Discharges
27,168
S-3 line 14, col 15
Inpatient days
142,734
S-3 line 14, col 8
Beds in use, on an average day
392.1
days ÷ days in year
Occupancy
70.4%
days ÷ bed days
Medicare share of days
27.9%
S-3 cols 6 ÷ 8
Medicaid share of days
18.4%
S-3 cols 7 ÷ 8

Who owns it

Indirect owner: AVERA HEALTH

Related organizations on its own cost report: AVERA MCKENNAN, corporate admin.

Other hospitals with the same owner: Avera Merrill Pioneer Hospital (IA), Avera Holy Family Hospital (IA), Avera Granite Falls Health Center (MN), Avera Tyler Hospital (MN), Avera Marshall Regional Medical Center (MN), Avera St. Anthonys Hospital (NE).

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

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 430016. 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 February 19, 2026.