Short-term acute care hospital · Beaver Dam, Wisconsin · 43 beds · CMS certification number 520076
Marshfield Medical Center - Beaver Dam
Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS June 25, 2026. 29 years on file, every one shown below.
Fiscal 2025 at a glance
What stands out
- Net patient revenue rose from $28.7M in its first year on file (1997) to $89.9M in 2025.
- Its result from patient care: −$39.3M (2023), −$20.1M (2024), −$18.0M (2025).
- 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 2025.
- Medicaid paid for 11.0% of its inpatient days and Medicare for 35.4%.
- MARSHFIELD CLINIC HEALTH SYSTEM INC 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.
settled
settled
settled
settled
settled
settled
settled
reopened
settled
reopened
reopened
settled
settled
settled
reopened
settled
settled
reopened
settled
reopened
reopened
settled
settled
settled
settled
settled
settled
as submitted
as submitted
Beside its peers
Short-term acute care hospitals in Wisconsin with 25 to 49 beds, each on fiscal year 2025.
| Hospital | Beds | Net patient revenue | Operating expenses | Margin |
|---|---|---|---|---|
| Marshfield Medical Center - Beaver Dam | 43 | $89,867,812 | $107,886,770 | −20.1% |
| Aspirus Rhinelander Hospital, Rhinelander | 42 | $245,381,098 | $324,541,166 | −32.3% |
| Fort Healthcare, Fort Atkinson | 49 | $145,360,071 | $159,521,334 | −9.7% |
| Aurora Medical Center Burlington, Burlington | 43 | $139,660,338 | $115,033,076 | 17.6% |
| SSM Health St. Clare Hospital Baraboo, Baraboo | 43 | $85,293,004 | $65,150,248 | 23.6% |
| St. Nicholas Hospital, Sheboygan | 47 | $114,340,793 | $121,089,662 | −5.9% |
Patients and payers
- Discharges
- 1,039S-3 line 14, col 15
- Inpatient days
- 2,897S-3 line 14, col 8
- Beds in use, on an average day
- 8.0days ÷ days in year
- Occupancy
- 18.5%days ÷ bed days
- Medicare share of days
- 35.4%S-3 cols 6 ÷ 8
- Medicaid share of days
- 11.0%S-3 cols 7 ÷ 8
Who owns it
- MARSHFIELD CLINIC HEALTH SYSTEM INC100%
- MCHS HOSPITALS INC100%
- SANFORD100%
Related organizations on its own cost report: SANFORD, health system; REFERENCE LAB, laboratory.
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).
Community benefit, as filed
From IRS Form 990 Schedule H, Part I, filed by BEAVER DAM COMMUNITY HOSPITALS INC (employer identification number 391157876) for tax year 2023. The return lists this hospital as its one hospital facility.
| Figure | As filed | Where it comes from |
|---|---|---|
| Total community benefit expense (line 7k) | $10,473,889 | IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><NetCommunityBenefitExpnsAmt> |
| Financial assistance at cost (line 7a) | $283,550 | IRS Form 990 Schedule H, Part I, <FinancialAssistanceAtCostTyp><NetCommunityBenefitExpnsAmt> |
| Medicaid (line 7b) | $9,904,976 | IRS Form 990 Schedule H, Part I, <UnreimbursedMedicaidGrp><NetCommunityBenefitExpnsAmt> |
| Financial assistance and means-tested government programs (line 7d) | $10,188,526 | IRS Form 990 Schedule H, Part I, <TotalFinancialAssistanceTyp><NetCommunityBenefitExpnsAmt> |
| Other benefits (line 7j) | $285,363 | IRS Form 990 Schedule H, Part I, <TotalOtherBenefitsGrp><NetCommunityBenefitExpnsAmt> |
| Total, fraction of total expense (line 7k, column f) | 0.1084 | IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><TotalExpensePct> |
E-file object id 202413189349304211. The IRS archive it was read from.
Executive and director compensation, as filed
From IRS Form 990 Part VII, Section A, filed by BEAVER DAM COMMUNITY HOSPITALS INC (employer identification number 391157876) for tax year 2023. The return lists this hospital as its one hospital facility.
| Name | Title | Role | Reportable comp, from this organization | Reportable comp, from related organizations | Other compensation |
|---|---|---|---|---|---|
| ANGELIA FOSTER | PRESIDENT MMC-BEAVER DAM | Key employee | $342,798 | $0 | $35,625 |
| BRIAN HOERNEMAN MD | BOARD MEMBER/INTERIM MCHS CEO | Trustee/director | $0 | $848,741 | $40,127 |
| CATHY BUKOWSKI | MCHS CFO - PART YEAR | Officer | $0 | $725,840 | $23,393 |
| COLLEEN HOERNEMAN | CHAIR | Trustee/director, Officer | $0 | $6,500 | $0 |
| DAVID HOLMES | BOARD MEMBER | Trustee/director | $0 | $0 | $0 |
| DOUG MATHISON | BOARD MEMBER | Trustee/director | $0 | $0 | $0 |
| EDWARD FERNANDEZ MD | BOARD MEMBER | Trustee/director | $0 | $536,206 | $43,230 |
| JEANETTE WOJTALEWICZ | INTERIM MCHS CFO | Officer | $0 | $116,564 | $0 |
| JOHN BALTUS | SECRETARY/TREASURER | Trustee/director, Officer | $0 | $0 | $0 |
| MARGARET MINERICK | BOARD MEMBER - PART YEAR | Trustee/director | $0 | $0 | $0 |
| MARK BRADLEY | VICE CHAIR | Trustee/director, Officer | $0 | $13,000 | $0 |
| MARK BUGHER | CHAIR - PART YEAR | Trustee/director, Officer | $0 | $24,924 | $0 |
| RUWAN DISSANAYAKE MD | SECRETARY - PART YEAR | Trustee/director, Officer | $0 | $370,856 | $24,157 |
| SAMANTHA KLEBE DO | BOARD MEMBER/MCHS CMO | Trustee/director | $0 | $515,015 | $29,993 |
| SUSAN TURNEY MD | BOARD MEMBER/MCHS CEO - PART YEAR | Trustee/director | $0 | $3,125,033 | $382,007 |
| WILLIAM MELMS MD | BOARD MEMBER/MCHS CMO - PART YEAR | Trustee/director | $0 | $1,053,823 | $21,091 |
E-file object id 202413189349304211. The IRS archive it was read from.
Follow this hospital, free
We send this record now and tell you when it files again.
More short-term acute care hospitals in Wisconsin
From the publisher of Velarion Records
Velarion Intel
Independent Decision-Grade Intelligence
Compensation and corporate governance intelligence for advisors, investors and companies. Executive and board pay for public companies, benchmarked against peers.
Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 520076. 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 HOSP10FY2025.ZIP, read June 25, 2026.