Velarion Records

Short-term acute care hospital · Omaha, Nebraska · 19 beds · CMS certification number 280131

Midwest Surgical Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS May 19, 2026. Eighteen years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$73.5M
$73,452,007 · G-3 line 3
Operating expenses
$49.6M
$49,636,673 · G-3 line 4
Result from patient care
$23.8M
$23,815,334 · G-3 line 5
Margin on patient care
32.4%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $10.3M in its first year on file (2008) to $73.5M in 2025.
  • Its result from patient care: $23.9M (2023), $25.6M (2024), $23.8M (2025).
  • 3 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 2.2% of its inpatient days and Medicare for 42.8%.
  • SP HOLDCO I INC holds 51% of it, on its Medicare enrollment.

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

Eighteen years of filings

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

Net patient revenueOperating expenses
2008
settled
$10.3M
$6.9M
2009
settled
$31.8M
$18.6M
2010
reopened
$34.9M
$20.4M
2011
reopened
$35.2M
$21.1M
2012
reopened
$37.6M
$21.7M
2013
reopened
$38.8M
$22.8M
2014
settled
$41.5M
$23.5M
2015
settled
$47.1M
$26.4M
2016
settled
$48.9M
$28.2M
2017
settled
$52.0M
$29.7M
2018
settled
$52.7M
$30.7M
2019
settled
$53.7M
$32.2M
2020
settled
$54.7M
$34.0M
2021
settled
$66.9M
$42.1M
2022
settled
$70.1M
$44.7M
2023
settled
$71.7M
$47.8M
2024
settled
$73.5M
$47.9M
2025
as submitted
$73.5M
$49.6M

Beside its peers

Hospitals of the same type (short-term acute care hospital), nearest in size, from Nebraska first; each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Midwest Surgical Hospital19$73,452,007$49,636,67332.4%
CHI Health Midlands, Papillion28$49,265,577$55,054,376−11.8%
Columbus Community Hospital, Columbus Nebraska50$166,344,759$158,569,7694.7%
Lincoln Surgical Hospital, Lincoln20$91,937,352$70,580,19623.2%
Nebraska Orthopaedic Hospital, Omaha24$171,877,759$190,560,200−10.9%
Nebraska Spine Hospital, Omaha34$63,076,037$34,835,93044.8%

Patients and payers

Discharges
473
S-3 line 14, col 15
Inpatient days
1,047
S-3 line 14, col 8
Beds in use, on an average day
2.9
days ÷ days in year
Occupancy
15.1%
days ÷ bed days
Medicare share of days
42.8%
S-3 cols 6 ÷ 8
Medicaid share of days
2.2%
S-3 cols 7 ÷ 8

Who owns it

  • SP HOLDCO I INC51%
  • SURGERY CENTER HOLDINGS INC51%
  • SURGERY CENTER HOLDINGS LLC51%
  • SURGERY PARTNERS INC51%
  • GIKK INVESTMENTS LLC18%
  • MWNS SURGICAL LLC17%
  • BCPE SEMINOLE HOLDINGS II INTERMEDIATE LP12%
  • NEBRASKA METHODIST HOSPITAL6%
  • PHYSICIANS TREASURY LLC4%

Related organizations on its own cost report: MIDWEST NEUROSC, real estate.

Other hospitals with the same owner: Arizona Spine and Joint Hospital (AZ), Animas Surgical Hospital (CO), Optim Medical Center - Screven (GA), Optim Medical Center Tattnall (GA), Northwest Specialty Hospital (ID), Kansas Spine & Specialty Hospital (KS), Lafayette Surgical Specialty Hospital (LA), Great Falls Clinic Hospital (MT), North Carolina Specialty Hospital (NC), The Physicians Centre Hospital (TX).

Type of control on its cost report: proprietary, partnership.

Owners of 5% or more, from CMS’s hospital ownership file (Medicare enrollment, October 1, 2026).

Follow this hospital, free

We send this record now and tell you when it files again.

More short-term acute care hospitals in Nebraska

From the publisher of Velarion Records

Velarion Intel

Independent Decision-Grade Intelligence

Compensation and corporate governance intelligence for advisors, investors and companies. Executive and board pay for public companies, benchmarked against peers.

See what Intel shows

Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 280131. Patients and payers: worksheet S-3 Part I of the same filing. Ownership: CMS Hospital All Owners and Hospital Enrollments.

How this page was built: the CMS Medicare cost report, file HOSP10FY2025.ZIP, read May 19, 2026.