Financial anchor year: FY24. Margin and revenue are as filed for FY24. Balance-sheet measures (current ratio, equity financing, days in A/R) use FY25, the latest filing whose balance sheet reconciled as filed. Days cash on hand is FY25, the most recent year that passed the display gate. Every tile below states its own fiscal year; nothing is carried forward or estimated.
The read
A hospital in Two Harbors, MN. It ran an operating surplus of 1.1% in FY24 on $-22.0M of operating revenue. It held 200 days of cash on hand in FY25, its most recent reported liquidity (69th percentile among Critical Access Hospitals on liquidity). Only a single comparable reporting year is available, so trend context is limited.
Operating margin · FY24
+1.1%
vs Critical Access Hospitals56th pctl of 824 (FY25)
Days cash on hand · FY25
200d
all sources
vs Critical Access Hospitals69th pctl of 827 (FY25)
Total operating revenue · FY25
$-22.0M
vs Critical Access Hospitals0th pctl of 833 (FY25)
Total margin · incl. nonoperating · FY24
+11.0%
vs Critical Access Hospitals67th pctl of 824 (FY25)
One point of operating margin at LAKE VIEW MEMORIAL HOSPITAL is about $-220K per year (1% of FY25 total operating revenue).
Where LAKE VIEW MEMORIAL sits among Critical Access Hospitals
Operating margin · FY25 pool · n = 824 of 1,404 filed
Each point is one Critical Access Hospital in the national distribution for this provider type, placed by operating margin. Facilities are not matched on size, case mix, or market — that is the matched-peer comparison in the paid benchmark. The Critical Access Hospital median is -0.2%. Descriptive context only, not a ranking.
One critical access hospitalLAKE VIEWCritical Access Hospital median
The money
$ thousands · HCRIS cost-report basis · as filed, QA-gated
Ratios tell you how this hospital is doing. Statements tell you what kind of organization it is, and where the money comes from. Every figure below traces to a public cost-report filing, shown as filed. A ratio renders only when every input is reported in the filing; a year missing its core lines is not shown; a year whose balance sheet does not reconcile is labeled. Not audited by Astrelis.
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
HCRIS WS G / G-3
Medicare inpatient contribution margin
-286.3% (FY24)
0th percentile of 117 CAHs. Full comparison in the CAH Performance Benchmark.
HCRIS cost report · CAH economics engine
$ in thousands
Line item
FY23
FY24
FY25
Patient revenue
22,656
11,540
(22,004)
Other operating revenue
30
63
—
Total operating revenue
22,686
11,603
(22,004)
Total operating expenses
22,518
11,471
22,390
Operating income
168
131
(44,394)
Operating margin %
+0.7%
+1.1%
+201.8%
Grants & contributions
16
6
(16)
Investment income
1,901
992
—
Other non-operating, net
837
294
(1,635)
Net income
2,922
1,423
(46,045)
Net income %
+11.5%
+11.0%
+194.7%
HCRIS Worksheet G-3 / S-3 · $ thousands · FY20–FY25 · where other operating income is not reported, total operating revenue reflects net patient revenue alone · FY20–21 may include COVID-era relief funding in nonoperating income
FY25 operating and total margins are not shown: they compute from near-zero net patient revenue, so the ratio is not meaningful (display gate; statement values unchanged).
How it operates
quality & operational context · CMS public reporting
A 16-bed hospital at 13% occupancy where swing beds are 67% of the inpatient business.
The metrics this hospital type is judged on: care quality, patient experience, and scale. Each is labeled by evidence class and public source; descriptive context only, never a ranking or adequacy claim.
Scale and flow
Occupancy
12.8%
Verified fact2025
HCRIS WS S-3
Average daily census
2.05
Verified fact2025
HCRIS WS S-3
Staffed beds (acute)
16
Verified fact2025
HCRIS WS S-3
Annual discharges
201
Verified fact2025
HCRIS WS S-3
Average length of stay
3.7d
Verified fact2025
HCRIS WS S-3
Swing-bed average daily census
4.26
Verified fact2025
HCRIS WS S-3 L5–6
Swing-bed share of inpatient days
67.5%
Verified fact2025
HCRIS WS S-3 (acute + swing days)
Who it serves
Total unreimbursed & uncompensated care
$1.7M
Verified fact2023
HCRIS WS S-10 line 31
How the care measures up
C. difficile infection (SIR)
Results cannot be calculated for this reporting period.
CMS-reported measure07/01/2024 to 06/30/2025
CMS Care Compare
Hospital-wide unplanned readmission
14.7%
No Different Than the National Rate
CMS-reported measure07/01/2023 to 06/30/2024
CMS Care Compare
Trajectory
Cost-report basis · 6 reporting years
Operating margin
Days cash on hand
The county this hospital serves
LAKE County, MN · nonmetro, rural, metro-adjacent
Median household income
$75.6K
vs $82.1K US · $59.7K rural median
Poverty rate
8.3%
vs 12.5% US · 14.3% rural median
Uninsured
4.9%
vs 8.6% US · 8.4% rural median
Age 65+
27.4%
vs 16.8% US · 20.6% rural median
Fair or poor health
15.8%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 14.2% of county personal income is Medicare/Medicaid medical benefits; 31.1% arrives as government transfers (BEA, 2022).
What this hospital means to Lake County
economic contribution · FY25 cost report
Direct annual spending
$22.4M
total operating expense · reported
Total economic output
$51.5M
× 2.30 output multiplier · estimate, upper bound for rural
Method: NCRHW 2016 study of critical access hospitals (IMPLAN Type II), employment × 1.34, earnings × 1.19; output × 2.30 (AHA national, upper bound for rural). Direct figures are reported values from the facility's HCRIS cost report; multiplied figures are estimates.
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