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Critical access hospital · Waupaca, Wisconsin · 25 beds · CMS certification number 521334

Thedacare Medical Center - Waupaca

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2024, as submitted, stamped by CMS December 9, 2024. 22 years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2024 at a glance

Net patient revenue
$28.0M
$28,034,526 · G-3 line 3
Operating expenses
$26.1M
$26,112,240 · G-3 line 4
Result from patient care
$1.9M
$1,922,286 · G-3 line 5
Margin on patient care
6.9%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $15.0M in its first year on file (2004) to $61.2M in 2025.
  • Its result from patient care: $8.6M (2023), $1.9M (2024), $5.4M (2025).
  • 3 of the 5 critical access hospital peers below with a margin on file also report a gain on patient care for fiscal year 2024.
  • Medicaid paid for 5.0% of its inpatient days and Medicare for 22.7%.

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

22 years of filings

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

Net patient revenueOperating expenses
2004
settled
$15.0M
$13.8M
2005
settled
$27.6M
$25.7M
2006
settled with audit
$28.3M
$27.7M
2007
settled with audit
$30.5M
$28.0M
2008
settled with audit
$31.3M
$30.3M
2009
settled with audit
$33.6M
$31.5M
2010
settled
$33.5M
$31.2M
2011
settled
$33.3M
$31.3M
2012
reopened
$34.7M
$31.4M
2013
reopened
$34.1M
$30.7M
2014
reopened
$35.5M
$31.5M
2015
reopened
$31.7M
$29.4M
2016
settled
$33.3M
$29.6M
2017
settled
$29.4M
$29.1M
2018
settled
$40.6M
$34.2M
2019
settled
$44.6M
$35.2M
2020
settled
$46.2M
$41.3M
2021
settled
$50.6M
$44.0M
2022
settled
$49.0M
$46.0M
2023
settled
$55.4M
$46.8M
2024
as submitted
$28.0M
$26.1M
2025
as submitted
$61.2M
$55.8M

Beside its peers

Critical access hospitals in Wisconsin with 25 to 49 beds, each on fiscal year 2024.

HospitalBedsNet patient revenueOperating expensesMargin
Thedacare Medical Center - Waupaca25$28,034,526$26,112,2406.9%
Adventhealth Durand, Durand25$20,010,790$18,724,2296.4%
Amery Hospital & Clinic, Amery25$80,266,608$80,770,490−0.6%
Mayo Clinic Health System - Sparta, Sparta25$45,175,285$43,528,5513.6%
Gundersen Moundview Hospital and Clinics, Friendship25$15,681,440$25,125,357−60.2%
Gundersen St. Joseph's Hospital and Clinics, Hillsboro25$40,855,773$36,693,61710.2%

Patients and payers

Discharges
449
S-3 line 14, col 15
Inpatient days
1,690
S-3 line 14, col 8
Beds in use, on an average day
9.3
days ÷ days in year
Occupancy
37.1%
days ÷ bed days
Medicare share of days
22.7%
S-3 cols 6 ÷ 8
Medicaid share of days
5.0%
S-3 cols 7 ÷ 8

Who owns it

Related organizations on its own cost report: THEDACARE, ho.

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

Community benefit, as filed

From IRS Form 990 Schedule H, Part I, filed by ThedaCare Medical Center - Waupaca Inc (employer identification number 390871113) for tax year 2023. The return lists this hospital as its one hospital facility.

FigureAs filedWhere it comes from
Total community benefit expense (line 7k)$2,460,307IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><NetCommunityBenefitExpnsAmt>
Financial assistance at cost (line 7a)$225,617IRS Form 990 Schedule H, Part I, <FinancialAssistanceAtCostTyp><NetCommunityBenefitExpnsAmt>
Medicaid (line 7b)$170,093IRS Form 990 Schedule H, Part I, <UnreimbursedMedicaidGrp><NetCommunityBenefitExpnsAmt>
Financial assistance and means-tested government programs (line 7d)$395,710IRS Form 990 Schedule H, Part I, <TotalFinancialAssistanceTyp><NetCommunityBenefitExpnsAmt>
Other benefits (line 7j)$2,064,597IRS Form 990 Schedule H, Part I, <TotalOtherBenefitsGrp><NetCommunityBenefitExpnsAmt>
Total, fraction of total expense (line 7k, column f)0.053IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><TotalExpensePct>

E-file object id 202433189349309283. The IRS archive it was read from.

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2024.ZIP, form CMS-2552-10, filed under CMS certification number 521334. 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 December 9, 2024.