Hospital · Critical access hospital
Who owns Madison Hospital?
820 Third Avenue · Madison, MN · 56256
Overview
Beds63
Discharges83cost report 2024
Occupancy3%inpatient days ÷ bed days
Employees (FTE)46
Madison Hospital is a critical access hospital in Madison, Minnesota, operated by Madison Healthcare Services. Lac qui Parle County has 2 hospitals, 2 nursing homes and 0 urgent care centers.
Ownership
Madison Hospital is operated by Madison Healthcare Services.
- Operator
- Madison Healthcare Services
- Owner group
- Madison Healthcare Services
- Ownership type
- Private Nonprofit
- Source
Ownership history
Every dated change of operator and owner for Madison Hospital, with the source for each.
Full ownership tree of Madison Healthcare Services
Every entity between this facility and its ultimate owner, with ownership percentages and dates.
Finances
From the hospital's Medicare cost report, fiscal year ending 2024.
| Net patient revenue | $20.0M |
| Operating expenses | $22.6M |
| Net income | $1.1M |
| Net income as a share of net patient revenue | 5.2% |
| Uncompensated care cost | $167K |
| Charity care cost | $818 |
| Medicaid net revenue | $728K |
Payer mix by inpatient days (2024)
- Medicare 66.0%
- Commercial and other 33.9%
- Medicaid 0.1%
Location and market
- Address
- 820 Third Avenue · Madison, MN · 56256
- County
- Lac qui Parle County
- State
- Minnesota
Hospitals in the county2
Nursing homes2
Urgent care centers0
Nearby hospitals
| Name | City | Distance |
|---|---|---|
| Johnson Memorial Hospital | Dawson | 8.4 mi |
| Appleton Area Health | Appleton | 15.4 mi |
| Sanford Canby Medical Center | CANBY | 21.8 mi |
| Chippewa County Hospital | Montevideo | 23.6 mi |
Sources and identifiers
- Operator: CMS Hospital Enrollments and All Owners (PECOS): hospital ownership graph
- Finances and payer mix: CMS hospital cost reports (HCRIS), fiscal year 2024
- Ownership type and beds: CMS Provider of Services file
- Location: CMS and Census Bureau geography
- CMS certification number
- 241372
- NPI
- 1942246848
- Last confirmed
- 2026-10-23
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