Peoples Memorial Hospital

1600 First Street East, Independence, IA 50644- · Buchanan County
Critical Access Emergency services

At a glance

Latest cost report FY2024
Net patient revenue
$56.8M
Operating margin
-1.3%
Net income
$7.9M
Staffed beds
25
Annual discharges
178

Ownership & identity

Control, system & affiliation
Ownership / controlGovernment (county) Health system Hospital typeCritical Access Phone(319) 332-0999 CMS star rating Emergency servicesYes

Net patient revenue trend

FY2020–FY2024
FY20FY21FY22FY23FY24
Fiscal yearNet patient revenue
FY2020$33,730,793
FY2021$41,149,401
FY2022$44,345,806
FY2023$47,640,382
FY2024$56,781,186

Payer mix

Share of inpatient days
Medicare50.3%Medicaid2.3%Commercial & other47.4%

How Peoples Memorial Hospital compares

#44 of 124 Iowa hospitals by net patient revenue

Full financial detail

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🔒 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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