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Short-term acute care hospital · Minocqua, Wisconsin · 31 beds · CMS certification number 520212

Marshfield Medical Center - Minocqua

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2024, as submitted, stamped by CMS June 24, 2026. Six years on file, every one shown below.

Fiscal 2024 at a glance

Net patient revenue
$110.9M
$110,893,957 · G-3 line 3
Operating expenses
$135.5M
$135,454,270 · G-3 line 4
Result from patient care
−$24.6M
−$24,560,313 · G-3 line 5
Margin on patient care
−22.1%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $16.9M in its first year on file (2020) to $44.2M in 2025.
  • Its result from patient care: −$23.0M (2023), −$24.6M (2024), −$87.9M (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 2024.
  • Medicaid paid for 5.8% of its inpatient days and Medicare for 31.1%.
  • 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.

Six years of filings

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

Net patient revenueOperating expenses
2020
settled
$16.9M
$60.9M
2021
settled
$121.9M
$133.2M
2022
settled
$129.6M
$145.7M
2023
as submitted
$123.3M
$146.3M
2024
as submitted
$110.9M
$135.5M
2025
as submitted
$44.2M
$132.2M

Beside its peers

Short-term acute care hospitals in Wisconsin with 25 to 49 beds, each on fiscal year 2024.

HospitalBedsNet patient revenueOperating expensesMargin
Marshfield Medical Center - Minocqua31$110,893,957$135,454,270−22.1%
Aurora Medical Center Hartford, Hartford35$85,117,847$64,174,91224.6%
Marshfield Medical Center - Rice Lake, Rice Lake40$147,626,200$149,670,498−1.4%
Mile Bluff Medical Center, Mauston40$96,225,770$118,438,640−23.1%
Orthopaedic Hospital of Wisconsin, Glendale30$88,696,820$60,383,81831.9%
Sauk Prairie Healthcare, Prairie Du Sac36$130,472,751$133,739,810−2.5%

Patients and payers

Discharges
1,239
S-3 line 14, col 15
Inpatient days
4,065
S-3 line 14, col 8
Beds in use, on an average day
11.1
days ÷ days in year
Occupancy
35.8%
days ÷ bed days
Medicare share of days
31.1%
S-3 cols 6 ÷ 8
Medicaid share of days
5.8%
S-3 cols 7 ÷ 8

Who owns it

  • MARSHFIELD CLINIC HEALTH SYSTEM INC100%
  • SANFORD100%

Related organizations on its own cost report: MCHS, health system; MCHS (100%), clinics.

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).

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2024.ZIP, form CMS-2552-10, filed under CMS certification number 520212. 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 HOSP10FY2024.ZIP, read June 24, 2026.