Riverwood Healthcare Center

200 Bunker Hill Drive, Aitkin, MN 56431-1697 · Aitkin County
Critical Access Emergency services

At a glance

Latest cost report FY2024
Net patient revenue
$99.6M
Operating margin
-8.2%
Net income
-$5.0M
Staffed beds
25
Annual discharges
720

Ownership & identity

Control, system & affiliation
Ownership / controlNonprofit (other) Health system Hospital typeCritical Access Phone(218) 927-5501 CMS star rating Emergency servicesYes

Net patient revenue trend

FY2019–FY2024
FY19FY20FY21FY22FY23FY24
Fiscal yearNet patient revenue
FY2019$67,393,981
FY2020$69,473,760
FY2021$79,182,106
FY2022$85,468,357
FY2023$91,743,433
FY2024$99,605,141

Payer mix

Share of inpatient days
Medicare38.0%Medicaid3.0%Commercial & other59.0%

How Riverwood Healthcare Center compares

#46 of 132 Minnesota 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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