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▸ Cost Report · CCN 240166 · FY 2024
MAYO CLINIC HEALTH SYSTEM-FAIRMONT
FAIRMONT, MN 56031- · Fiscal year ending 2024-12-31
$76.5M
TOTAL REVENUES
−$4.8M
NET INCOME
-6.3%
OPERATING MARGIN
1,001
DISCHARGES
01 — FINANCIAL
Financial summary
- Total revenues
- $76.5M
- Total costs
- $83.8M
- Net income
- −$4.8M
- Operating margin
- -6.3%
- Total charges
- $106.6M
- Medicare charges
- $7.9M
- Medicaid charges
- —
- Charity care charges
- $3.0M
- Uncompensated care
- $4.3M
- Bad debt
- $744K
- Total assets
- $47.9M
- Total liabilities
- $21.7M
- Fund balance
- $26.2M
02 — UTILIZATION
Utilization
- Total beds
- 37
- Bed days available
- 13,542
- Total inpatient days
- 3,613
- Medicare inpatient days
- 1,541
- Medicaid inpatient days
- 473
- Total outpatient visits
- —
- Total discharges
- 1,001
- Total FTEs
- —
- Inpatient residents
- —
- Outpatient residents
- —
03 — HISTORY
Latest filing
| Fiscal year | Discharges | Revenue | Net income | Margin |
|---|---|---|---|---|
| 2024-12-31 | 1,001 | $76.5M | −$4.8M | -6.3% |
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03b — TREND CHART
Revenue, costs, and net income by fiscal year
Multi-year P&L chart — visualize revenue, costs, and net income side-by-side across every filing.See Solo · $499/yr →
DISTRESS RADAR
Risk signals detected
Auto-flagged from 3-year trend on margin, volume, and bad debt
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04 — PEER BENCHMARK
Peer cohort — MN Acute Care Hospitals
46 hospitals filing FY2024
- Median operating margin
- 3.6%
- 25th percentile margin
- -0.5%
- 75th percentile margin
- 9.2%
- Median discharges
- 3,706
- Median net income
- $6.7M
- Median bed count
- 88