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Medicare cost reports · Minnesota

Minnesota nursing home cost reports

283 Minnesota nursing homes filed a full-year Medicare cost report for fiscal years ending between June 2024 and June 2026, according to CMS's Healthcare Cost Report Information System (HCRIS) as of October 2026. The median building reported $440 of patient revenue and $482 of operating expense per patient day, and a net margin of 3.8%. 100 of the 278 that reported a margin were losing money.

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283
full-year cost reports filed
3.8%
median net margin
$440
median patient revenue per day
36%
reported a loss

Minnesota, from CMS's Healthcare Cost Report Information System (HCRIS) as of October 2026.

What the middle building reported

Minnesota against the country, line by line

Fiscal years ending between June 2024 and June 2026. Source: CMS's Healthcare Cost Report Information System (HCRIS).

LineMinnesota medianMiddle halfU.S. medianFilings
OccupancyPatient days as a share of available bed days, both off Worksheet S-3 Part I.85.2%74.2% to 91.2%84.2%281
Medicare share of daysTraditional Medicare days as a share of all patient days, off Worksheet S-3 Part I.6.9%4.7% to 9.6%7.7%283
Medicaid share of daysMedicaid days as a share of all patient days, off Worksheet S-3 Part I.53.0%38.9% to 63.1%66.3%281
Patient revenue per patient dayNet patient revenue off Worksheet G-3, divided by patient days off Worksheet S-3 Part I. Blended across every payer.$440$400 to $501$373283
Operating expense per patient dayTotal operating expense off Worksheet G-3, divided by patient days. Net income also counts income and expense outside patient care, such as investment income, rentals and donations, which is why it is not patient revenue minus this line.$482$409 to $565$372282
Net income per patient dayNet income off Worksheet G-3, divided by patient days.$17−$11 to $45$14282
Net marginNet income off Worksheet G-3 over net patient revenue off the same worksheet.3.8%-2.6% to 9.3%3.7%278

Each figure is the middle Minnesota building on that line, from its own most recent full-year filing. A line resting on fewer than 20 filings shows no figure. No building’s own numbers are on this page; open a building below for its filing.

Every Minnesota nursing home with a cost report on file, A to Z (281)
About this data
How many nursing homes in Minnesota file a cost report?
283 filed a full-year Medicare cost report for fiscal years ending between June 2024 and June 2026, according to CMS's Healthcare Cost Report Information System (HCRIS) as of October 2026.
What is the average profit margin of a Minnesota nursing home?
The median Minnesota nursing home reported a net margin of 3.8% on its most recent full-year Medicare cost report.
Where can I find a Minnesota nursing home's cost report?
Open the building on SNFRadar: its page carries its own most recent filing against the Minnesota median on every line, from the same CMS data.
Source: CMS's Healthcare Cost Report Information System (HCRIS).
Published by 3G Healthcare Real Estate, skilled nursing advisors. Authors: Stan Klos III, Founder · Christian Patrick, President.