Velarion Records

Short-term acute care hospital · Stevens Point, Wisconsin · 5 beds · CMS certification number 520215

Marshfield Medical Center - River Re

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2024, as submitted, stamped by CMS June 11, 2025. Four years on file, every one shown below.

Fiscal 2024 at a glance

Net patient revenue
$43.1M
$43,103,403 · G-3 line 3
Operating expenses
$53.5M
$53,535,561 · G-3 line 4
Result from patient care
−$10.4M
−$10,432,158 · G-3 line 5
Margin on patient care
−24.2%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $9.3M in its first year on file (2022) to $8.3M in 2025.
  • Its result from patient care: −$763K (2023), −$10.4M (2024), −$12.7M (2025).
  • 1 of the 5 short-term acute care hospital peers below with a margin on file also reports a loss on patient care for fiscal year 2024.
  • Medicaid paid for 7.1% of its inpatient days and Medicare for 43.6%.

Every statement is drawn from figures on this page; nothing is estimated.

Four years of filings

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

Net patient revenueOperating expenses
2022
settled
$9.3M
$12.4M
2023
settled
$51.4M
$52.1M
2024
as submitted
$43.1M
$53.5M
2025
as submitted
$8.3M
$21.0M

Beside its peers

Hospitals of the same type (short-term acute care hospital), nearest in size, from Wisconsin first; each on fiscal year 2024.

HospitalBedsNet patient revenueOperating expensesMargin
Marshfield Medical Center - River Re5$43,103,403$53,535,561−24.2%
Ascension Wisconsin Hospital- Menomonee Falls Campus, Menomonee Falls24$17,895,376$25,926,233−44.9%
Froedtert Community Hospital, New Berlin16$38,932,359$29,741,94623.6%
Ascension Wisconsin, Franklin16$89,876,152$59,552,89433.7%
Oak Leaf Surgical Hospital, Altoona13$128,341,185$88,385,85831.1%
Orthopaedic Hospital of Wisconsin, Glendale30$88,696,820$60,383,81831.9%

Patients and payers

Discharges
97
S-3 line 14, col 15
Inpatient days
266
S-3 line 14, col 8
Beds in use, on an average day
0.7
days ÷ days in year
Occupancy
14.5%
days ÷ bed days
Medicare share of days
43.6%
S-3 cols 6 ÷ 8
Medicaid share of days
7.1%
S-3 cols 7 ÷ 8

Who owns it

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

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

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.

See what Intel shows

Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2024.ZIP, form CMS-2552-10, filed under CMS certification number 520215. 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 June 11, 2025.