Hospital · Short-term acute hospital
Who owns Olmsted Medical Center?
1650 Fourth Street Southeast · Rochester, MN · 55904
Overview
Olmsted Medical Center is a short-term acute hospital in Rochester, Minnesota, operated by Olmsted Medical Center. Olmsted County has 3 hospitals, 6 nursing homes and 2 urgent care centers.
Ownership
Olmsted Medical Center is operated by Olmsted Medical Center.
- Operator
- Olmsted Medical Center
- Owner group
- Olmsted Medical Center
- Ownership type
- Private Nonprofit
- Source
Ownership history
Every dated change of operator and owner for Olmsted Medical Center, with the source for each.
Full ownership tree of Olmsted Medical Center
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 | $258.3M |
| Operating expenses | $288.5M |
| Net income | $10.1M |
| Net income as a share of net patient revenue | 3.9% |
| Uncompensated care cost | $3.3M |
| Charity care cost | $848K |
| Medicaid net revenue | $24.2M |
| Medicare disproportionate share percentage | 12.0% |
Payer mix by inpatient days (2024)
- Commercial and other 79.9%
- Medicare 10.6%
- Medicaid 9.5%
Services
Top inpatient services, Medicare (2024)
| Service | Discharges | Average total payment |
|---|---|---|
| Simple pneumonia and pleurisy with MCC · 193 | 24 | $12K |
| Septicemia or severe sepsis without MV >96 hours with MCC · 871 | 20 | $15K |
| Heart failure and shock with MCC · 291 | 17 | $11K |
Top outpatient services, Medicare (2024)
| Service | Services |
|---|---|
| Level 1 Intraocular Procedures · 5491 | 264 |
| Level 5 Musculoskeletal Procedures · 5115 | 130 |
| Level 1 Nerve Procedures · 5431 | 123 |
| Level 2 Excision/ Biopsy/ Incision and Drainage · 5072 | 80 |
| Level 3 Musculoskeletal Procedures · 5113 | 56 |
Medicare fee-for-service only. Small counts are suppressed by CMS.
Location and market
- Address
- 1650 Fourth Street Southeast · Rochester, MN · 55904
- County
- Olmsted County
- State
- Minnesota
18 off-site locations
Campuses, off-site emergency departments and outpatient departments under this hospital's certification.
Nearby hospitals
| Name | City | Distance |
|---|---|---|
| Mayo Clinic Hospital Rochester | Rochester | 2.0 mi |
| Community Behavioral Health Hospital Rochester | Rochester | 3.3 mi |
Sources and identifiers
- Operator: AHRQ Compendium of U.S. Health Systems (hospital linkage)
- 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
- 240006
- Last confirmed
- 2026-10-23
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