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Critical access hospital · Ladysmith, Wisconsin · 25 beds · CMS certification number 521328

Marshfield Medical Center - Ladysmith

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS June 22, 2026. 23 years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue
$41.0M
$41,034,213 · G-3 line 3
Operating expenses
$41.5M
$41,459,235 · G-3 line 4
Result from patient care
−$425K
−$425,022 · G-3 line 5
Margin on patient care
−1.0%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $15.6M in its first year on file (2003) to $41.0M in 2025.
  • Its result from patient care: −$2.8M (2023), $3.0M (2024), −$425K (2025).
  • 1 of the 5 critical access hospital peers below with a margin on file also reports a loss on patient care for fiscal year 2025.
  • Medicaid paid for 1.7% of its inpatient days and Medicare for 32.2%.
  • MARSHFIELD CLINIC HEALTH SYSTEM INC holds 100% of it, on its Medicare enrollment.

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

23 years of filings

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

Net patient revenueOperating expenses
2003
reopened
$15.6M
$15.1M
2004
settled
$19.5M
$19.3M
2005
settled
$20.3M
$19.5M
2006
settled
$20.2M
$19.6M
2007
settled
$20.8M
$19.9M
2008
reopened
$21.1M
$20.4M
2009
settled
$22.2M
$21.9M
2010
settled
$22.5M
$22.1M
2011
settled
$22.8M
$22.5M
2012
settled
$22.1M
$22.0M
2013
settled
$20.8M
$20.7M
2014
settled
$19.1M
$19.9M
2015
settled
$23.1M
$23.0M
2016
settled
$23.7M
$24.3M
2017
settled
$23.5M
$25.8M
2018
settled
$14.4M
$16.3M
2019
settled
$25.1M
$25.5M
2020
settled
$30.5M
$29.5M
2021
settled
$33.6M
$31.0M
2022
settled
$31.8M
$32.9M
2023
as submitted
$33.4M
$36.3M
2024
as submitted
$40.1M
$37.1M
2025
as submitted
$41.0M
$41.5M

Beside its peers

Critical access hospitals in Wisconsin with 25 to 49 beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Marshfield Medical Center - Ladysmith25$41,034,213$41,459,235−1.0%
Adventhealth Durand, Durand25$20,504,259$19,148,4426.6%
Amery Hospital & Clinic, Amery25$91,255,557$85,208,2766.6%
Aspirus Eagle River Hospital, Eagle River25$21,407,672$17,753,43117.1%
Gundersen Moundview Hospital and Clinics, Friendship25$25,938,508$26,843,965−3.5%
Gundersen St. Joseph's Hospital and Clinics, Hillsboro25$46,891,316$41,642,72111.2%

Patients and payers

Discharges
320
S-3 line 14, col 15
Inpatient days
1,998
S-3 line 14, col 8
Beds in use, on an average day
5.5
days ÷ days in year
Occupancy
21.9%
days ÷ bed days
Medicare share of days
32.2%
S-3 cols 6 ÷ 8
Medicaid share of days
1.7%
S-3 cols 7 ÷ 8

Who owns it

  • MARSHFIELD CLINIC HEALTH SYSTEM INC100%
  • SANFORD100%

Related organizations on its own cost report: MCHS (100%).

Other hospitals with the same owner: Sanford Sheldon Medical Center (IA), Sanford Worthington Medical Center (MN), Sanford Bemidji Medical Center (MN), Sanford Westbrook Medical Center (MN), Sanford Tracy Medical Center (MN), Sanford Wheaton Medical Center (MN), Sanford Jackson Medical Center (MN), Sanford Bagley Medical Center (MN).

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

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

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 521328. 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 June 22, 2026.