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Short-term acute care hospital · Madison, Wisconsin · 332 beds · CMS certification number 520089

Unitypoint Health - Meriter

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS June 22, 2026. 30 years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue
$606.5M
$606,499,557 · G-3 line 3
Operating expenses
$655.8M
$655,770,913 · G-3 line 4
Result from patient care
−$49.3M
−$49,271,356 · G-3 line 5
Margin on patient care
−8.1%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $150.5M in its first year on file (1996) to $606.5M in 2025.
  • Its result from patient care: −$10.4M (2023), −$42.8M (2024), −$49.3M (2025).
  • 2 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 27.9% of its inpatient days and Medicare for 21.0%.
  • IOWA HEALTH SYSTEM holds 100% of it, on its Medicare enrollment.

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
$150.5M
$153.3M
1997
reopened
$131.9M
$149.6M
1998
reopened
$136.8M
$159.1M
1999
settled with audit
$142.4M
$171.1M
2000
reopened
$154.5M
$179.7M
2001
settled
$172.8M
$198.3M
2002
settled
$193.1M
$201.4M
2003
reopened
$214.3M
$216.0M
2004
reopened
$230.0M
$231.4M
2005
reopened
$248.4M
$249.8M
2006
reopened
$273.3M
$269.1M
2007
reopened
$297.1M
$291.5M
2008
reopened
$314.2M
$306.7M
2009
settled
$332.7M
$341.4M
2010
settled
$326.2M
$355.4M
2011
reopened
$334.5M
$400.4M
2012
settled with audit
$306.3M
$409.3M
2013
settled with audit
$435.1M
$435.9M
2014
reopened
$434.0M
$436.0M
2015
reopened
$428.4M
$432.1M
2016
reopened
$424.1M
$435.4M
2017
reopened
$407.2M
$431.9M
2018
reopened
$441.8M
$456.7M
2019
reopened
$452.0M
$469.4M
2020
reopened
$455.1M
$474.4M
2021
settled
$464.6M
$506.5M
2022
settled
$513.9M
$564.3M
2023
as submitted
$579.1M
$589.4M
2024
amended
$593.5M
$636.4M
2025
as submitted
$606.5M
$655.8M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
Unitypoint Health - Meriter332$606,499,557$655,770,913−8.1%
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%
SSM Health St. Mary's Hospital Madison, Madison354$630,460,563$491,206,30422.1%
Prohealth Waukesha Memorial Hospital, Waukesha272$654,238,650$593,172,9599.3%

Patients and payers

Discharges
16,383
S-3 line 14, col 15
Inpatient days
84,860
S-3 line 14, col 8
Beds in use, on an average day
233.1
days ÷ days in year
Occupancy
70.0%
days ÷ bed days
Medicare share of days
21.0%
S-3 cols 6 ÷ 8
Medicaid share of days
27.9%
S-3 cols 7 ÷ 8

Who owns it

  • IOWA HEALTH SYSTEM100%
  • MERITER HEALTH SERVICES INC.100%

Related organizations on its own cost report: MERITER HLTH SV, parent orgnztn; UNITYPOINT, parent orgnztn.

Other hospitals with the same owner: Trinity Rock Island (IL), The Quad Cities Rehabilitation Institute (IL), Unitypoint Health - Marshalltown (IA), Trinity Muscatine (IA), Trinity Regional Medical Center (IA), St. Luke's Hospital (IA), Unitypoint Health Des Moines Iowa Methodist Medical Center (IA), Trinity Bettendorf (IA), Allen Hospital (IA), Finley Hospital (IA), St. Luke's Regional Medical Center (IA), Grinnell Regional Medical Center (IA).

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).

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 520089. 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 22, 2026.