Velarion Records

Short-term acute care hospital · Kenosha, Wisconsin · 151 beds · CMS certification number 520021

Froedtert South

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2025, amended, stamped by CMS July 15, 2026. 30 years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$451.5M
$451,453,021 · G-3 line 3
Operating expenses
$446.8M
$446,758,354 · G-3 line 4
Result from patient care
$4.7M
$4,694,667 · G-3 line 5
Margin on patient care
1.0%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $68.9M in its first year on file (1996) to $451.5M in 2025.
  • Its result from patient care: $14.7M (2023), $8.8M (2024), $4.7M (2025).
  • 4 of the 5 short-term acute care hospital peers below with a margin on file also report a gain on patient care for fiscal year 2025.
  • Medicaid paid for 5.1% of its inpatient days and Medicare for 26.6%.

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
reopened
$68.9M
$62.7M
1997
settled
$68.7M
$65.4M
1998
settled
$77.8M
$74.4M
1999
settled
$86.3M
$84.8M
2000
settled
$105.7M
$111.3M
2001
reopened
$128.5M
$121.2M
2002
reopened
$130.5M
$125.9M
2003
settled
$112.0M
$112.6M
2004
settled
$165.9M
$158.1M
2005
settled
$198.0M
$164.5M
2006
reopened
$203.8M
$175.6M
2007
settled
$213.1M
$183.7M
2008
reopened
$233.8M
$206.8M
2009
settled
$266.4M
$228.4M
2010
reopened
$271.0M
$250.8M
2011
reopened
$279.1M
$266.3M
2012
reopened
$304.4M
$277.3M
2013
reopened
$279.2M
$262.8M
2014
reopened
$313.2M
$290.1M
2015
reopened
$308.3M
$289.4M
2016
reopened
$317.8M
$301.6M
2017
settled
$317.7M
$313.5M
2018
reopened
$321.4M
$316.3M
2019
reopened
$334.1M
$328.4M
2020
settled
$306.3M
$335.4M
2021
settled
$346.5M
$333.5M
2022
settled with audit
$371.7M
$354.4M
2023
settled
$372.2M
$357.5M
2024
as submitted
$398.0M
$389.1M
2025
amended
$451.5M
$446.8M

Beside its peers

Short-term acute care hospitals in Wisconsin with 100 to 199 beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Froedtert South151$451,453,021$446,758,3541.0%
Aurora Baycare Medical Center, Green Bay167$653,787,366$547,852,64816.2%
Aurora Medical Center Grafton, Grafton132$379,638,746$295,678,45722.1%
Aurora Medical Center Kenosha, Kenosha134$414,402,838$306,291,73126.1%
Aurora Medical Center Sheboygan County, Sheboygan123$281,233,475$237,546,36115.5%
Froedtert Menomonee Falls Hospital, Menomonee Falls130$297,828,304$298,887,770−0.4%

Patients and payers

Discharges
7,830
S-3 line 14, col 15
Inpatient days
35,577
S-3 line 14, col 8
Beds in use, on an average day
97.7
days ÷ days in year
Occupancy
64.5%
days ÷ bed days
Medicare share of days
26.6%
S-3 cols 6 ÷ 8
Medicaid share of days
5.1%
S-3 cols 7 ÷ 8

Who owns it

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

Community benefit, as filed

Community benefit is filed on IRS Form 990 Schedule H by FROEDTERT SOUTH INC (employer identification number 390816845) for tax year 2022, once for the 2 hospital facilities the return lists, this hospital among them. The return does not divide it among them.

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2024.ZIP, form CMS-2552-10, filed under CMS certification number 520021. 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 July 15, 2026.