Hospital · Short-term acute hospital
Who owns Mayo Clinic Health System - Albert Lea And Austin?
404 West Fountain Street · Albert Lea, MN · 56007
Overview
Mayo Clinic Health System - Albert Lea And Austin is a short-term acute hospital in Albert Lea, Minnesota, operated by Mayo Clinic. Freeborn County has 1 hospitals, 3 nursing homes and 0 urgent care centers.
Ownership
Mayo Clinic Health System - Albert Lea And Austin is operated by Mayo Clinic.
- Operator
- Mayo Clinic
- Owner group
- Mayo Clinic
- Ownership type
- Private Nonprofit
- Sources
- CMS Hospital All Owners · 2026-09-29
- CMS record · 2024
Ownership history
Every dated change of operator and owner for Mayo Clinic Health System - Albert Lea And Austin, with the source for each.
Full ownership tree of Mayo Clinic
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 | $298.7M |
| Operating expenses | $323.7M |
| Net income | $3.6M |
| Net income as a share of net patient revenue | 1.2% |
| Uncompensated care cost | $9.3M |
| Charity care cost | $8.6M |
| Medicaid net revenue | $28.8M |
| Medicare disproportionate share percentage | 12.0% |
Payer mix by inpatient days (2024)
- Commercial and other 48.3%
- Medicare 28.1%
- Medicaid 23.7%
Services
Top inpatient services, Medicare (2024)
| Service | Discharges | Average total payment |
|---|---|---|
| Heart failure and shock with MCC · 291 | 96 | $12K |
| Septicemia or severe sepsis without MV >96 hours with MCC · 871 | 94 | $19K |
| Simple pneumonia and pleurisy with MCC · 193 | 53 | $13K |
| Respiratory infections and inflammations with MCC · 177 | 48 | $16K |
| Psychoses · 885 | 30 | $15K |
Top outpatient services, Medicare (2024)
| Service | Services |
|---|---|
| Level 1 Intraocular Procedures · 5491 | 275 |
| Level 2 Urology and Related Services · 5372 | 173 |
| Comprehensive Observation Services · 8011 | 129 |
| Level 5 Musculoskeletal Procedures · 5115 | 90 |
| Level 3 Musculoskeletal Procedures · 5113 | 74 |
Medicare fee-for-service only. Small counts are suppressed by CMS.
Location and market
- Address
- 404 West Fountain Street · Albert Lea, MN · 56007
- County
- Freeborn County
- State
- Minnesota
9 off-site locations
Campuses, off-site emergency departments and outpatient departments under this hospital's certification.
Sources and identifiers
- Operator: CMS Hospital All Owners · CMS record
- Finances and payer mix: CMS hospital cost reports (HCRIS), fiscal year 2024
- Services: CMS Medicare inpatient and outpatient utilization
- Ownership type and beds: CMS Provider of Services file
- Location: CMS and Census Bureau geography
- CMS certification number
- 240043
- NPI
- 1346258100
- Last confirmed
- 2026-10-23
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