HCRIS
▸ Cost Report · CCN 241329 · FY 2024

LAKEWOOD HEALTH SYSTEM

STAPLES, MN 56479 · Fiscal year ending 2024-12-31

Critical Access Hospitals225 bedsSystem: lakewood →
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$147.7M
TOTAL REVENUES
$4.0M
NET INCOME
2.7%
OPERATING MARGIN
1,124
DISCHARGES
01 — FINANCIAL

Financial summary

Total revenues
$147.7M
Total costs
$158.7M
Net income
$4.0M
Operating margin
2.7%
Total charges
$165.5M
Medicare charges
—
Medicaid charges
—
Charity care charges
$6.4M
Uncompensated care
$3.1M
Bad debt
$485K
Total assets
$206.8M
Total liabilities
$98.3M
Fund balance
$108.5M
02 — UTILIZATION

Utilization

Total beds
25
Bed days available
9,150
Total inpatient days
4,804
Medicare inpatient days
915
Medicaid inpatient days
214
Total outpatient visits
—
Total discharges
1,124
Total FTEs
—
Inpatient residents
—
Outpatient residents
—
03 — HISTORY

Latest filing

Fiscal yearDischargesRevenueNet incomeMargin
2024-12-311,124$147.7M$4.0M2.7%
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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 →
04 — PEER BENCHMARK

Peer cohort — MN Critical Access Hospitals

76 hospitals filing FY2024

Median operating margin
7.6%
25th percentile margin
1.4%
75th percentile margin
14.2%
Median discharges
254
Median net income
$2.1M
Median bed count
19
05 — QUALITY (CMS CARE COMPARE)

CMS Care Compare quality measures

Sourced from data.cms.gov · refreshed monthly. CMS publishes these — we surface them.

Overall rating
Not rated
Emergency services
Yes
Mortality vs national avg
Same as the national average
Safety vs national avg
Same as the national average
Readmissions vs national avg
Below the national average
Patient experience vs national avg
—
Timely & effective vs national avg
—
07 — MARKET (HSAF)

Top patient-origin ZIPs

Catchment based on CMS Hospital Service Area File (PY2018)

ZIPCasesBed days
56479174569
56479144452
56479115410
56479112451
5647987310
5647986283
5646680289
5646657182
5646657160
5646646157
06 — COMMUNITY BENEFIT (IRS 990 SCHEDULE H)

Schedule H community benefit · Lakewood Health Center

FY2023 · matched by name + state · sourced via ProPublica Nonprofit Explorer

Total revenue (990)
$16.1M
Total expenses (990)
$19.4M
Charity care cost
—
Unreimbursed Medicaid
—
Community health improvement spend
—
PHYSICIAN AFFILIATIONS

Affiliated Physicians (30)

CMS-reported physician affiliations at this facility

By specialty
Nurse Practitioner (5)Family Practice (5)Unknown (4)Internal Medicine (3)Physician Assistant (2)General Surgery (2)Obstetrics & Gynecology (1)Ophthalmology (1)Psychiatry (1)Medical Oncology (1)
PhysicianNPIType
CHRISTINE SARA ALBRECHT1285661967Hospital
TINA M ALLENBURG1013028281Hospital
MARISSA ELIZABETH BAUMGARTNER1023727146Hospital
MICHAEL J BRICKNER1154536696Hospital
PAIGE MARIE CARLSON1063150415Hospital
MARK E COLLITON1134147861Hospital
SARBJOT S DULAI1013992593Hospital
MATTIE ROSE ELLENSON1316579337Hospital
MICHAEL S HOFFMAN1124310172Hospital
JENNIFER A HOFFMANN1295926145Hospital
KIMBERLY A HUSCHLE1003283102Hospital
STEPHANIE J KRAY1114942216Hospital
RYAN DAVID KRAY1164454567Hospital
RYAN M KROLL1235573049Hospital
JAY O LENZ1023171444Hospital
DANIEL J LUND1104362219Hospital
KURT A MARTINSON1245281302Hospital
JORDAN ROBERT MOE1033386966Hospital
PETER E NEIFERT1326005604Hospital
JESSICA A NYBAKKEN1164657607Hospital
Showing 20 of 30 affiliated physicians
CROSS-REFERENCE

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