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Short-term acute care hospital · Madison, Wisconsin · 354 beds · CMS certification number 520083

SSM Health St. Mary's Hospital Madison

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS June 2, 2026. 30 years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$630.5M
$630,460,563 · G-3 line 3
Operating expenses
$491.2M
$491,206,304 · G-3 line 4
Result from patient care
$139.3M
$139,254,259 · G-3 line 5
Margin on patient care
22.1%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $142.3M in its first year on file (1996) to $630.5M in 2025.
  • Its result from patient care: $131.3M (2023), $139.8M (2024), $139.3M (2025).
  • 2 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 5.2% of its inpatient days and Medicare for 24.5%.

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
$142.3M
$135.0M
1997
reopened
$145.8M
$139.8M
1998
settled
$149.7M
$142.7M
1999
reopened
$152.1M
$148.5M
2000
settled with audit
$162.4M
$153.9M
2001
reopened
$195.6M
$169.5M
2002
reopened
$218.9M
$195.8M
2003
settled
$252.9M
$222.7M
2004
settled
$272.5M
$242.9M
2005
reopened
$293.7M
$263.5M
2006
reopened
$333.0M
$285.2M
2007
reopened
$350.2M
$307.6M
2008
settled
$375.7M
$343.7M
2009
reopened
$406.5M
$363.8M
2010
reopened
$409.4M
$359.6M
2011
settled with audit
$355.4M
$373.2M
2012
reopened
$401.6M
$378.7M
2013
reopened
$404.3M
$377.9M
2014
reopened
$420.6M
$366.5M
2015
reopened
$410.5M
$378.0M
2016
reopened
$397.5M
$388.7M
2017
reopened
$407.1M
$380.2M
2018
reopened
$440.2M
$394.2M
2019
reopened
$469.1M
$403.4M
2020
settled
$453.4M
$388.6M
2021
settled with audit
$473.6M
$427.7M
2022
settled
$396.0M
$438.2M
2023
amended
$578.7M
$447.3M
2024
as submitted
$611.1M
$471.3M
2025
as submitted
$630.5M
$491.2M

Beside its peers

Short-term acute care hospitals in Wisconsin with 200 to 399 beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
SSM Health St. Mary's Hospital Madison354$630,460,563$491,206,30422.1%
Ascension Columbia St. Mary's Hospital, Milwaukee360$542,166,201$647,195,386−19.4%
Ascension SE Wisconsin Hospital, Milwaukee298$386,085,670$411,949,787−6.7%
Aspirus Wausau Hospital, Wausau293$734,455,937$701,198,7974.5%
Unitypoint Health - Meriter, Madison332$606,499,557$655,770,913−8.1%
Prohealth Waukesha Memorial Hospital, Waukesha272$654,238,650$593,172,9599.3%

Patients and payers

Discharges
18,020
S-3 line 14, col 15
Inpatient days
89,038
S-3 line 14, col 8
Beds in use, on an average day
244.6
days ÷ days in year
Occupancy
68.9%
days ÷ bed days
Medicare share of days
24.5%
S-3 cols 6 ÷ 8
Medicaid share of days
5.2%
S-3 cols 7 ÷ 8

Who owns it

Related organizations on its own cost report: SSM HEALTH (100%), data processing; SSM HEALTH (100%), religious; MERI (100%), waste removal.

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

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 520083. Patients and payers: worksheet S-3 Part I of the same filing.

How this page was built: the CMS Medicare cost report, file HOSP10FY2025.ZIP, read June 2, 2026.