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Short-term acute care hospital · Spearfish, South Dakota · 20 beds · CMS certification number 430048

Monument Health Spearfish Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2025, as submitted, stamped by CMS September 9, 2026. 30 years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$120.7M
$120,698,311 · G-3 line 3
Operating expenses
$120.7M
$120,718,410 · G-3 line 4
Result from patient care
−$20K
−$20,099 · G-3 line 5
Margin on patient care
−0.0%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $12.6M in its first year on file (1996) to $120.7M in 2025.
  • Its result from patient care: $2.2M (2023), $4.9M (2024), −$20K (2025).
  • 1 of the 5 short-term acute care hospital peers below with a margin on file also reports a loss on patient care for fiscal year 2025.
  • Medicaid paid for 16.4% of its inpatient days and Medicare for 30.2%.

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

30 years of filings

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

Net patient revenueOperating expenses
1996
settled
$12.6M
$11.1M
1997
reopened
$13.9M
$11.8M
1998
reopened
$15.3M
$14.6M
1999
settled
$16.2M
$15.4M
2000
as submitted
$16.6M
$17.0M
2001
settled
$16.2M
$17.7M
2002
reopened
$4.7M
$4.8M
2003
reopened
$19.0M
$21.4M
2004
reopened
$21.4M
$23.4M
2005
reopened
$23.2M
$25.0M
2006
reopened
$22.3M
$21.5M
2007
reopened
$21.9M
$22.6M
2008
settled
$20.9M
$23.7M
2009
settled
$24.7M
$25.6M
2010
settled with audit
$28.7M
$26.9M
2011
settled
$31.2M
$27.7M
2012
reopened
$36.0M
$29.2M
2013
reopened
$40.1M
$33.3M
2014
reopened
$41.0M
$33.2M
2015
settled
$52.3M
$40.7M
2016
settled
$83.0M
$82.4M
2017
settled
$86.6M
$87.6M
2018
settled
$80.8M
$88.7M
2019
settled
$83.6M
$89.6M
2020
settled
$90.2M
$96.2M
2021
settled
$102.8M
$104.7M
2022
settled
$114.4M
$110.3M
2023
settled
$116.6M
$114.4M
2024
settled
$124.7M
$119.9M
2025
as submitted
$120.7M
$120.7M

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
Monument Health Spearfish Hospital20$120,698,311$120,718,410−0.0%
Avera St. Marys Hospital, Pierre36$124,560,403$133,793,024−7.4%
Black Hills Surgical Hospital, Rapid City25$111,519,611$94,035,87115.7%
Same Day Surgery Center, Rapid City6$18,687,921$13,705,50026.7%
Sioux Falls Specialty Hospital, Sioux Falls33$154,738,180$116,675,08124.6%
Dunes Surgical Hospital, Dakota Dunes38$111,761,350$70,899,02936.6%

Patients and payers

Discharges
1,330
S-3 line 14, col 15
Inpatient days
3,659
S-3 line 14, col 8
Beds in use, on an average day
10.1
days ÷ days in year
Occupancy
50.1%
days ÷ bed days
Medicare share of days
30.2%
S-3 cols 6 ÷ 8
Medicaid share of days
16.4%
S-3 cols 7 ÷ 8

Who owns it

Related organizations on its own cost report: SPEARFISH HOSPI (100%), health care.

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

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2024.ZIP, form CMS-2552-10, filed under CMS certification number 430048. Patients and payers: worksheet S-3 Part I of the same filing.

How this page was built: the CMS Medicare cost report, file HOSP10FY2024.ZIP, read September 9, 2026.