A hospital in Bagley, MN. It ran an operating surplus of 19.2% in FY24 on $17.7M of operating revenue. It held 0 days of cash on hand (0th percentile among Critical Access Hospitals on liquidity). Operating margin improved from 16.8% in FY20 to 19.2% in FY24, though it fell 1.0 points in the most recent year.
Operating margin · FY24
+19.2%
vs Critical Access Hospitals93rd pctl of 1,340 (FY24)
Days cash on hand · FY24
0d
all sources
vs Critical Access Hospitals0th pctl of 1,325 (FY24)
Total operating revenue · FY24
$17.7M
vs Critical Access Hospitals26th pctl of 1,356 (FY24)
Total margin · incl. nonoperating · FY24
+19.9%
vs Critical Access Hospitals90th pctl of 1,340 (FY24)
Benchmarked within its own FY24 pool (n=1,340); the Critical Access Hospital cohort's current year is FY25.
One point of operating margin at SANFORD BAGLEY MEDICAL CENTER is about $177K per year (1% of FY24 total operating revenue).
Where SANFORD BAGLEY MEDICAL sits among Critical Access Hospitals
Operating margin · FY24 pool · n = 1,340 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 -1.8%. Descriptive context only, not a ranking.
Benchmarked within its own FY24 pool (n=1,340); the Critical Access Hospital cohort's current year is FY25.
One critical access hospitalSANFORD BAGLEYCritical 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
+53.3% (FY24)
92nd percentile of 25 CAHs. Full comparison in the CAH Performance Benchmark.
HCRIS cost report · CAH economics engine
Medicare outpatient contribution margin
+54.8% (FY24)
40th percentile of 25 CAHs. Full comparison in the CAH Performance Benchmark.
HCRIS cost report · CAH economics engine
$ in thousands
Line item
FY22
FY23
FY24
Patient revenue
15,125
16,577
16,688
Other operating revenue
702
1,034
989
Total operating revenue
15,827
17,611
17,677
Total operating expenses
14,747
14,042
14,278
Operating income
1,080
3,569
3,399
Operating margin %
+6.8%
+20.3%
+19.2%
Grants & contributions
87
312
44
Investment income
89
81
112
Other non-operating, net
29
24
0
Net income
1,285
3,986
3,555
Net income %
+8.0%
+22.1%
+19.9%
HCRIS Worksheet G-3 / S-3 · $ thousands · FY20–FY24 · FY20–21 may include COVID-era relief funding in nonoperating income
FY23 net patient A/R is not shown: gross A/R was not reported on the filing, making the derived net figure spurious (AR quality flag).
How it operates
quality & operational context · CMS public reporting
A 25-bed hospital at 3% occupancy where swing beds are 88% of the inpatient business and 79% of patient revenue is outpatient.
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
2.6%
Verified fact2024
HCRIS WS S-3
Average daily census
0.64
Verified fact2024
HCRIS WS S-3
Staffed beds (acute)
25
Verified fact2024
HCRIS WS S-3
Annual discharges
72
Verified fact2024
HCRIS WS S-3
Average length of stay
3.3d
Verified fact2024
HCRIS WS S-3
Swing-bed average daily census
4.85
Verified fact2024
HCRIS WS S-3 L5–6
Swing-bed share of inpatient days
88.3%
Verified fact2024
HCRIS WS S-3 (acute + swing days)
Outpatient share of patient revenue
79.3%
Verified fact2024
HCRIS WS G-2 L28
Who it serves
Total unreimbursed & uncompensated care
$1.1M
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
The number of cases/patients is too few to report.
CMS-reported measure07/01/2023 to 06/30/2024
CMS Care Compare
Trajectory
Cost-report basis · 5 reporting years
Operating margin
Days cash on hand
The county this hospital serves
CLEARWATER County, MN · nonmetro, rural, metro-adjacent
Median household income
$64.9K
vs $82.1K US · $59.7K rural median
Poverty rate
11.2%
vs 12.5% US · 14.3% rural median
Uninsured
12.4%
vs 8.6% US · 8.4% rural median
Age 65+
20.9%
vs 16.8% US · 20.6% rural median
Fair or poor health
19.6%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 16.0% of county personal income is Medicare/Medicaid medical benefits; 31.0% arrives as government transfers (BEA, 2022).
What this hospital means to Clearwater County
economic contribution · FY24 cost report
Direct annual spending
$14.3M
total operating expense · reported
Total economic output
$32.8M
× 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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