Astrelis
Rural PPS hospital · Minocqua, WI

MARSHFIELD MEDICAL CENTER - MINOCQUA

CCN 520212Oneida CountyVoluntary non-profit - PrivateRural (USDA RUCC)31 bedsLatest FY 2025
Cost-report basis
HCRIS · as filed
Not audited by Astrelis

Operating margin: +91.9% in FY2025, the 100th percentile of 375 rural pps hospitals in the FY2025 pool. Days cash on hand: 27 days in FY2025, the 51st percentile of 371 rural pps hospitals in the FY2025 pool. Total operating revenue: $1.64B in FY2025, the 99th percentile of 380 rural pps hospitals in the FY2025 pool. Total margin (including nonoperating): +91.9% in FY2025, the 100th percentile of 375 rural pps hospitals in the FY2025 pool. Figures as filed; not audited by Astrelis.

The read

A hospital in Minocqua, WI. It ran an operating surplus of 91.9% in FY25 on $1635.9M of operating revenue. It held 27 days of cash on hand (51st percentile of 371 Rural PPS hospitals on liquidity, FY25 pool). 5 reporting years are on file, but revenue scale shifts too much between them for a comparable trend, so trend context is limited.

Operating margin · FY25
+91.9%
Astrelis calculation · as-filed inputs
vs Rural PPS hospitals100th pctl of 375 (FY25 pool)
pool: this metric's own fiscal year · excludes historical, non-panel, and out-of-range values
Days cash on hand · FY25
27d
all sources
Astrelis calculation · as-filed inputs
vs Rural PPS hospitals51st pctl of 371 (FY25 pool)
pool: this metric's own fiscal year · excludes historical, non-panel, and out-of-range values
Total operating revenue · FY25
$1.64B
Astrelis calculation · as-filed inputs
vs Rural PPS hospitals99th pctl of 380 (FY25 pool)
pool: this metric's own fiscal year · excludes historical, non-panel, and out-of-range values
Total margin · incl. nonoperating · FY25
+91.9%
Astrelis calculation · as-filed inputs
vs Rural PPS hospitals100th pctl of 375 (FY25 pool)
pool: this metric's own fiscal year · excludes historical, non-panel, and out-of-range values
One point of operating margin at MARSHFIELD MEDICAL CENTER - MINOCQUA is about $16.4M per year (1% of FY25 total operating revenue).

Where MARSHFIELD MEDICAL CENTER sits among Rural PPS hospitals

Operating margin · FY25 pool · n = 375 of 411 filed

Each point is one Rural PPS hospital in the national FY25 distribution for Rural PPS hospitals, this hospital's comparison cohort, 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 Rural PPS hospital FY25 median is -1.1%. Descriptive context only, not a ranking.

-20%-10%0%+10%+20%Rural PPS hospital median -1.1%MARSHFIELD MEDICAL +91.9%
One rural pps hospitalMARSHFIELD MEDICALRural PPS 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 computes only when every input is reported in the filing (otherwise its cell states which input is Not reported in source); a year whose balance sheet does not reconcile is labeled, and its derived ratios read Astrelis calculation unavailable. Not audited by Astrelis.

Operating margin
+91.9% (FY25)
Operating income ÷ total operating revenue
Astrelis calculation · HCRIS WS G-3
Total margin
+91.9% (FY25)
Net income ÷ total revenue incl. nonoperating
Astrelis calculation · HCRIS WS G-3
Days cash on hand
27d (FY25)
Cash, investments & board-designated reserves ÷ daily operating expense (excl. depreciation)
Astrelis calculation · HCRIS WS G / G-3
Current ratio
4.31× (FY25)
Total current assets ÷ current liabilities
Astrelis calculation · HCRIS WS G
Equity financing ratio
85% (FY25)
Total net assets ÷ total assets
Astrelis calculation · HCRIS WS G
Days in net patient A/R
1418d (FY25) — outside expected range; computed from the filed statement and not ranked against peers
Net patient receivables × days in the report's own period ÷ net patient revenue, same fiscal year
Astrelis calculation · HCRIS WS G / G-3
$ in thousands
Line itemFY23FY24FY25
Patient revenue123,346110,89444,230
Other operating revenue4957711,591,655
Total operating revenue123,841111,6651,635,885
Total operating expenses146,344135,454132,177
Operating income(22,503)(23,789)1,503,708
Operating margin %-18.2%-21.3%+91.9%
Grants & contributions142744
Investment income——2
Other non-operating, net26530
Net income(22,224)(23,759)1,503,754
Net income %-17.9%-21.3%+91.9%
— = Not reported in source for that year.
HCRIS Worksheet G-3 / S-3 · $ thousands · FY20–FY25 · FY20–21 may include COVID-era relief funding in nonoperating income
Display states. FY25 · Net patient A/R: 171,781K — Astrelis calculation (allowance line blank on the filing, counted as zero: Worksheet G line 6 (allowances for uncollectible accounts) is blank on this cost report; under ruling 11 a blank additive component adds zero and the value publishes flagged (blank components: line 600))FY21 · Net patient A/R: 261,741K — Astrelis calculation (allowance line blank on the filing, counted as zero: Worksheet G line 6 (allowances for uncollectible accounts) is blank on this cost report; under ruling 11 a blank additive component adds zero and the value publishes flagged (blank components: line 600))FY20 · Operating and total margin — Astrelis calculation unavailable (the ratio is not meaningful: net patient revenue is near zero on this filing (statement values shown unchanged))Filed inputs: Operating income -43,974K · Net patient revenue 16,911KFY20 · Days cash on hand: 2,607 days — Astrelis calculation · outside expected range; shown at the chart boundary and not in peer statistics (this year is not comparison-eligible) (out of display range)FY21 · Days cash on hand: 1,507 days — Astrelis calculation · outside expected range; shown at the chart boundary and included in peer statistics (outside the 0–1,500-day expected range — a valid filing can produce this; the pool absorbs it)

How it operates

quality & operational context · CMS public reporting

The metrics this hospital type is judged on: care quality, patient experience, and scale. Each is labeled by provenance class and public source; descriptive context only, never a ranking or adequacy claim. Provenance labels: Reported value is copied from the named public source; Astrelis calculation is a formula applied to unchanged reported inputs, with the formula shown; Illustrative estimate is a benchmark gap, multiplier, or scenario — never a measurement.

Scale and flow
Occupancy
30.0%
Reported value2025
HCRIS WS S-3
Average daily census
9.31
Reported value2025
HCRIS WS S-3
Staffed beds (acute)
31
Reported value2025
HCRIS WS S-3
Annual discharges
867
Reported value2025
HCRIS WS S-3
Average length of stay
4 days
Reported value2025
HCRIS WS S-3
Cost per patient day
$38,899
Astrelis calculation2025
Astrelis calculation — total operating expense ÷ total patient days (HCRIS WS G-3 / S-3)
Cost per discharge (unadjusted)
$152,454
Astrelis calculation2025
Astrelis calculation — total operating expense ÷ discharges, NOT case-mix adjusted (adjusted discharges are not on the public filing set)
Total FTEs
318.40
Reported value2025
HCRIS WS S-3 Pt II
Contract labor share of labor cost
20.4%
Reported value2025
HCRIS WS S-3 Pt V
Who it serves
Total unreimbursed & uncompensated care
$6.8M
Reported value2023
HCRIS WS S-10 line 31
How the care measures up
C. difficile infection (SIR)
0.848
No Different than National Benchmark
CMS-reported measure07/01/2024 to 06/30/2025
CMS Care Compare
Hospital-wide unplanned readmission
15.2%
No Different Than the National Rate
CMS-reported measure07/01/2023 to 06/30/2024
CMS Care Compare
Medicare spending per beneficiary
0.92
CMS-reported measure01/01/2024 to 12/31/2024
CMS Care Compare
Patient-safety composite (PSI-90)
0.888288
CMS-reported measure07/01/2022 to 06/30/2024
CMS Care Compare

Trajectory

Cost-report basis · 6 reporting years
Operating margin
-6.9%-11.5%-18.2%-21.3%+91.9%FY20FY21FY22FY23FY24FY25
Days cash on hand
2,607 days1,507 days85 days51 days121 days27 daysFY20FY21FY22FY23FY24FY25

The county this hospital serves

ONEIDA County, WI · nonmetro, urban 5–20K
Median household income
$69.6K
vs $82.1K US · $59.7K rural median
Poverty rate
8.2%
vs 12.5% US · 14.3% rural median
Uninsured
4.8%
vs 8.6% US · 8.4% rural median
Age 65+
27.5%
vs 16.8% US · 20.6% rural median
Fair or poor health
18.3%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 10.4% of county personal income is Medicare/Medicaid medical benefits; 27.0% arrives as government transfers (BEA, 2022).

Illustrative advocacy scenario: what this hospital means to Oneida County

Illustrative estimate · FY24 cost report
Direct annual spending
$135.5M
total operating expense · Reported value, not a local-capture estimate
Labor income
$50.6M
$42.5M direct compensation × 1.19 · NCRHW 2016 CAH study · Illustrative estimate
Economic activity
$311.5M
direct spending × 2.30 · AHA national hospital economic activity report — a national hospital ratio, not a CAH or county figure · Illustrative estimate
Share of county employment
2.0%
of all county jobs · Reported value
Employment and labor income multipliers are from the National Center for Rural Health Works 2016 study of Critical Access Hospital economic impact (IMPLAN Type II, U.S. rural county populations); the economic-activity ratio is from the AHA national hospital economic activity report and describes U.S. hospitals as a whole; it is not a CAH-specific or county-specific figure. Applying any of these to an individual facility is an illustrative advocacy scenario, not a measurement: local capture depends on payroll residency, purchasing patterns, and county economic structure the sources do not observe. This facility is not a critical access hospital, so the NCRHW-derived lines borrow from a different hospital type; the label says so here rather than in the number. Direct figures are reported values from the facility's HCRIS cost report. Want a defensible facility-specific figure? Request a Facility Economic Impact Study →
Operating margin vs its peer poolFY25Astrelis calculation

91.9% operating margin — 100th percentile of 375 peers (FY25 pool).

The Board Briefing

What changed, what matters, and what your board should ask — every figure sourced to the public record.

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Performance Benchmark Report

93.0 points above the cohort median — at current revenue, approximately $1521.4M more operating income than the median rate.

(91.9% facility vs -1.1% peer median) = 93.0 points above the median × $1635.9M revenue ≈ $1521.4M more operating income than the median rate · method
Reserve Performance Benchmark Report →
How we calculated this

Operating margin vs its peer pool: FY25 pool · n = 375.

Performance Benchmark Report: FY25 peer pool · n = 375 · conservative low band; acuity limits stated in the report.

Report coverage: Limited Facility Benchmark. 14 of 17 facility measures available from public sources. The report covers the available measures against their peer benchmarks; measures the public record does not carry become findings. Coverage is disclosed here before you reserve, and thin data is never a decline reason. The refund guarantee stands: if we cannot deliver the published scope, you pay nothing.

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Cite this page

release 2321a4fc37a7 · 2026-10-22

Astrelis Atlas, "Marshfield Medical Center - Minocqua", https://astrelis.co/hospitals/520212, release 2321a4fc37a7 (2026-10-22). Figures as filed in the named public sources; not audited by Astrelis.

Machine-readable twin of this page: astrelis.co/hospitals/520212.md (Markdown, the same figures with their fiscal years, pools and definitions). Last modified: release 2321a4fc37a7, 2026-10-22. Figures are as filed in the named public sources. Astrelis is not a CPA firm and performs no audit, review or attestation of any facility.

build 2321a4fc37a7 · 2026-10-22 · dev