▸ Cost Report · CCN 241378 · FY 2024
NEW ULM MEDICAL CENTER
NEW ULM, MN 56073 · Fiscal year ending 2024-12-31
$139.0M
TOTAL REVENUES
$15.8M
NET INCOME
11.3%
OPERATING MARGIN
1,564
DISCHARGES
01 — FINANCIAL
Financial summary
- Total revenues
- $139.0M
- Total costs
- $129.4M
- Net income
- $15.8M
- Operating margin
- 11.3%
- Total charges
- $162.7M
- Medicare charges
- —
- Medicaid charges
- —
- Charity care charges
- $1.8M
- Uncompensated care
- $3.7M
- Bad debt
- $4.4M
- Total assets
- $45.3M
- Total liabilities
- −$151.4M
- Fund balance
- $196.6M
02 — UTILIZATION
Utilization
- Total beds
- 24
- Bed days available
- 8,784
- Total inpatient days
- 4,483
- Medicare inpatient days
- 1,742
- Medicaid inpatient days
- 203
- Total outpatient visits
- —
- Total discharges
- 1,564
- Total FTEs
- —
- Inpatient residents
- —
- Outpatient residents
- —
03 — HISTORY
Latest filing
| Fiscal year | Discharges | Revenue | Net income | Margin |
|---|---|---|---|---|
| 2024-12-31 | 1,564 | $139.0M | $15.8M | 11.3% |
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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 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
5 / 5
- 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
- Same as 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)
| ZIP | Cases | Bed days |
|---|---|---|
| 56073 | 509 | 1597 |
| 56073 | 443 | 1277 |
| 56073 | 399 | 1170 |
| 56073 | 372 | 1068 |
| 56073 | 347 | 1336 |
| 56073 | 318 | 1042 |
| 56087 | 52 | 160 |
| 56085 | 51 | 157 |
| 56085 | 50 | 156 |
| 55335 | 50 | 132 |
CROSS-REFERENCE
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