Spencer Municipal Hospital
1200 First Avenue East, Spencer, IA 51301- · Clay County
General Acute ★ CMS 4/5 Emergency services
At a glance
Latest cost report FY2024
Net patient revenue
$117.9M
Operating margin
-3.2%
Net income
$5.8M
Staffed beds
49
Annual discharges
1,441
Case mix index
1.62
Ownership & identity
Control, system & affiliation
Ownership / controlGovernment (state) Health systemCity of Spencer Iowa Hospital typeGeneral Acute Phone(712) 264-6198 CMS star rating4 / 5 Emergency servicesYes
Net patient revenue trend
FY2020–FY2024
| Fiscal year | Net patient revenue |
|---|---|
| FY2020 | $93,645,395 |
| FY2021 | $103,254,326 |
| FY2022 | $108,376,684 |
| FY2023 | $108,690,182 |
| FY2024 | $117,862,182 |
Payer mix
Share of inpatient days
Medicare51.1%Medicaid3.7%Commercial & other45.1%
How Spencer Municipal Hospital compares
#21 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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