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Short-term acute care hospital · Burnsville, Minnesota · 172 beds · CMS certification number 240207

Fairview Ridges Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS June 1, 2026. 30 years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$350.8M
$350,838,802 · G-3 line 3
Operating expenses
$324.8M
$324,807,471 · G-3 line 4
Result from patient care
$26.0M
$26,031,331 · G-3 line 5
Margin on patient care
7.4%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $66.6M in its first year on file (1996) to $350.8M in 2025.
  • Its result from patient care: $19.0M (2023), $24.8M (2024), $26.0M (2025).
  • 2 of the 5 short-term acute care hospital peers below with a margin on file also report a gain on patient care for fiscal year 2025.
  • Medicaid paid for 5.1% of its inpatient days and Medicare for 21.0%.

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

30 years of filings

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

Net patient revenueOperating expenses
1996
reopened
$66.6M
$54.4M
1997
reopened
$71.6M
$60.6M
1998
reopened
$81.2M
$68.0M
1999
reopened
$87.1M
$73.5M
2000
reopened
$93.8M
$76.8M
2001
reopened
$101.5M
$86.5M
2002
reopened
$110.2M
$93.8M
2003
settled
$117.9M
$106.1M
2004
settled
$131.5M
$119.7M
2005
reopened
$147.1M
$133.8M
2006
reopened
$150.7M
$148.5M
2007
reopened
$161.8M
$155.2M
2008
reopened
$181.6M
$168.7M
2009
reopened
$194.0M
$170.3M
2010
reopened
$198.0M
$174.1M
2011
reopened
$208.3M
$193.4M
2012
reopened
$210.3M
$182.4M
2013
reopened
$223.7M
$195.1M
2014
settled
$234.8M
$207.5M
2015
reopened
$237.6M
$211.8M
2016
reopened
$252.3M
$223.7M
2017
reopened
$260.0M
$228.2M
2018
reopened
$267.0M
$237.4M
2019
settled
$267.1M
$245.2M
2020
settled with audit
$257.4M
$240.9M
2021
settled
$297.7M
$267.8M
2022
settled
$316.2M
$293.9M
2023
amended
$329.4M
$310.4M
2024
as submitted
$334.3M
$309.5M
2025
as submitted
$350.8M
$324.8M

Beside its peers

Short-term acute care hospitals in Minnesota with 100 to 199 beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Fairview Ridges Hospital172$350,838,802$324,807,4717.4%
Fairview St. John's Hospital, Maplewood184$542,845,030$541,952,2900.2%
Maple Grove Hospital, Maple Grove148$287,337,841$255,592,33711.1%
Mayo Clinic Health System-Mankato, Mankato166$601,883,063$638,581,960−6.1%
Ridgeview Medical Center, Waconia128$394,162,720$432,348,880−9.7%
Essentia Health Duluth, Duluth123$591,354,666$654,834,195−10.7%

Patients and payers

Discharges
12,369
S-3 line 14, col 15
Inpatient days
53,457
S-3 line 14, col 8
Beds in use, on an average day
146.9
days ÷ days in year
Occupancy
85.2%
days ÷ bed days
Medicare share of days
21.0%
S-3 cols 6 ÷ 8
Medicaid share of days
5.1%
S-3 cols 7 ÷ 8

Who owns it

Related organizations on its own cost report: FAIRVIEW HEALTH (100%); HSCL; ORTHODICS.

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

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 240207. Patients and payers: worksheet S-3 Part I of the same filing.

How this page was built: the CMS Medicare cost report, file HOSP10FY2025.ZIP, read June 1, 2026.