Mayo Clnic Health System - Lake City
500 West Grant St, Lake City, MN 55041 · Goodhue County
Critical Access Emergency services
At a glance
Latest cost report FY2024
Net patient revenue
$39.1M
Operating margin
-3.4%
Net income
-$227K
Staffed beds
18
Annual discharges
170
Ownership & identity
Control, system & affiliation
Ownership / controlGovernment (other) Health systemMayo Clinic Health System-Southeast Minnesota Region Hospital typeCritical Access Phone(651) 345-5955 CMS star rating— Emergency servicesYes
Net patient revenue trend
FY2019–FY2024
| Fiscal year | Net patient revenue |
|---|---|
| FY2019 | $36,094,279 |
| FY2020 | $31,690,867 |
| FY2021 | $34,592,218 |
| FY2022 | $36,213,523 |
| FY2023 | $35,584,179 |
| FY2024 | $39,134,015 |
Payer mix
Share of inpatient days
Medicare58.0%Medicaid8.8%Commercial & other33.2%
How Mayo Clnic Health System - Lake City compares
#82 of 132 Minnesota hospitals by net patient revenue
Olivia Hospital and Clinics · Olivia $39.4M Ortonville Area Health Services · Ortonville $38.1M Essentia Health Moose Lake · Moose Lake $41.6M Pipestone County Medical Center · Pipestone $35.8M Long Prairie Memorial Hospital · Long Prairie $35.6M Intl Falls Memorial Hospital · International Falls $34.9M
Full financial detail
Premium · in the Hospitals app
🔒 5-year income statement & balance sheet
Line-by-line revenue, expenses, assets, liabilities and net assets for FY2020–FY2024, plus top Medicare DRGs, cost structure, EBITDAR, and Medicare reimbursement (IME, DSH, charity & uncompensated care).
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