Velarion Records

Critical access hospital · Charles City, Iowa · 25 beds · CMS certification number 161347

Floyd County Medical Center

Latest filing: fiscal year ended June 30, 2025, as submitted, stamped by CMS December 8, 2025. 23 years on file, all shown below. Also on the 340B covered-entity register.

Enrolled with Medicare by Floyd County Memorial Hospital Commission.

Fiscal 2025 at a glance

Net patient revenue $55.8M $55,797,850 · G-3 line 3
Operating expenses $54.1M $54,131,337 · G-3 line 4
Result from patient care $1.7M $1,666,513 · G-3 line 5
Margin on patient care 3.0% line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $5.5M in its first year on file (2003) to $55.8M in 2025.
  • Its result from patient care: −$2.5M (2023), $650K (2024), $1.7M (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 2025.
  • Medicaid paid for 7.0% of its inpatient days and Medicare for 65.4%.

How these statements are drawn

23 years of filings

Net patient revenueOperating expenses

2003 settled margin 10.5% $5.5M $4.9M

2004 reopened margin 4.0% $15.6M $15.0M

2005 settled with audit margin 5.2% $16.6M $15.8M

2006 settled margin 0.6% $16.4M $16.3M

2007 settled margin 2.7% $18.3M $17.8M

2008 settled margin 2.9% $21.0M $20.4M

2009 settled margin −0.9% $21.6M $21.7M

2010 settled with audit margin 0.9% $21.6M $21.4M

2011 settled margin 2.2% $22.5M $22.0M

2012 settled margin 2.4% $23.7M $23.1M

2013 reopened margin 1.9% $24.3M $23.9M

2014 settled margin −2.3% $22.8M $23.3M

2015 settled with audit margin 2.8% $23.3M $22.7M

2016 settled margin 2.0% $24.3M $23.8M

2017 settled margin −1.7% $25.4M $25.8M

2018 settled margin −2.3% $27.3M $27.9M

2019 settled margin −5.9% $28.3M $29.9M

2020 settled margin −10.0% $28.3M $31.1M

2021 settled margin −5.8% $29.9M $31.6M

2022 settled margin 2.9% $34.8M $33.8M

2023 settled margin −6.6% $37.5M $40.0M

2024 settled margin 1.4% $48.2M $47.6M

2025 as submitted margin 3.0% $55.8M $54.1M

Beside its peers

Critical access hospitals in Iowa with 25 to 49 beds, fiscal year 2025.

Hospital Beds Net patient revenue Operating expenses Margin

Floyd County Medical Center 25 $55,797,850 $54,131,337 3.0%

Franklin General Hospital, Hampton 25 $29,579,752 $30,707,291 −3.8%

Grundy County Memorial Hospital, Grundy Center 25 $40,182,578 $34,694,380 13.7%

Hancock County Health System, Britt 25 $31,795,008 $34,237,396 −7.7%

Iowa Specialty Hospital- Clarion, Clarion 25 $98,705,037 $95,382,181 3.4%

Pocahontas Community Hospital, Pocahontas 25 $18,666,192 $17,733,485 5.0%

Patients and payers

  • Discharges 387 S-3 line 14, col 15
  • Inpatient days 2,950 S-3 line 14, col 8
  • Beds in use, on an average day 8.1 days ÷ days in year
  • Occupancy 32.3% days ÷ bed days
  • Medicare share of days 65.4% S-3 cols 6 ÷ 8
  • Medicaid share of days 7.0% S-3 cols 7 ÷ 8

Who owns it

Control: governmental, county.

Follow Floyd County Medical Center, free

More critical access hospitals in Iowa

File HOSP10FY2024.ZIP, form CMS-2552-10, CMS certification number 161347.

How this page was built: the CMS Medicare cost report, file HOSP10FY2024.ZIP, read December 8, 2025.

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