St Croix Regional Medical Center

Organization Overview

St Croix Regional Medical Center is located in St Croix Falls, WI. The organization was established in 1956. According to its NTEE Classification (E20) the organization is classified as: Hospitals, under the broad grouping of Health Care and related organizations. As of 06/2021, St Croix Regional Medical Center employed 871 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. St Croix Regional Medical Center is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, St Croix Regional Medical Center generated $138.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $129.8m during the year ending 06/2021. While expenses have increased by 6.8% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

WE HELP PEOPLE TO LIVE HEALTHIER, HAPPIER, AND LONGER LIVES.

Describe the Organization's Program Activity:

OUTPATIENT SERVICES - SURGICAL, LABORATORY, BASIC, AND ADVANCED RADIOLOGY PROCEDURES. DURING FISCAL YEAR 2021, THERE WERE 9,756 EMERGENCY ROOM VISITS RECORDED, 1,294 OUTPATIENT SURGERIES, AND 118,091 CLINICAL VISITS.INPATIENT SERVICES - OBSTETRIC, MEDICAL-SURGICAL, INTENSIVE CARE, AND SHORT STAY INPATIENT CARE. DURING FISCAL YEAR 2021, THERE WERE 238 BIRTHS, 1,387 INPATIENT ADMISSIONS, AND A TOTAL OF 4,374 INPATIENT DAYS FOR AN AVERAGE LENGTH OF 2.67 DAYS.


ST. CROIX REGIONAL MEDICAL CENTER OPERATES FOUR PROVIDER-BASED CLINICS AND ONE FREE STANDING CLINIC. TOGETHER, THE CLINICS STRIVE TO MEET THE HEALTHCARE NEEDS OF PATIENTS AND FAMILIES WHO LIVE AND WORK IN THE COMMUNITIES THEY SERVE. A TOTAL OF 118,091 CLINIC VISITS OCCURRED IN FISCAL YEAR 2021.


CONTRACT PHARMACY - ST. CROIX REGIONAL MEDICAL CENTER BECAME ELIGIBLE TO PARTICIPATE IN THE 340B DRUG PRICING PROGRAM, WHICH IS MANAGED BY THE HEALTH RESOURCES AND SERVICES ADMINISTRATION (HRSA) OFFICE OF PHARMACY AFFAIRS (OPA), RESULTING IN THE REALIZATION OF A CONTRACT PHARMACY SERVICE. PARTICIPATION IN THE 340B DRUG PRICING PROGRAM RESULTS IN SIGNIFICANT SAVINGS, ESTIMATED TO BE 20-50%, ON THE COST OF PHARMACEUTICALS FOR USE BY OUTPATIENTS OF THE FACILITY. THROUGH THIS PROGRAM, ST. CROIX REGIONAL MEDICAL CENTER IS ABLE TO REACH MORE ELIGIBLE PATIENTS AND PROVIDE MORE COMPREHENSIVE SERVICES.


ST. CROIX VALLEY PHARMACIES PROVIDE LOCAL PHARMACY CARE TO THE SERVICE AREA OF ST. CROIX REGIONAL MEDICAL CENTER. ST. CROIX VALLEY PHARMACIES IS THE SOLE MEMBER OF THE FOLLOWING COMMUNITY PHARMACIES: UNITY PHARMACY LOCATED IN THE UNITY CLINIC BUILDING NEAR BALSAM, WI, FREDERIC PHARMACY LOCATED IN THE FREDERIC CLINIC BUILDING IN FREDERIC, WI, AND, ST. CROIX FALLS PHARMACY LOCATED IN THE ST. CROIX FALLS CLINIC BUILDING IN ST. CROIX FALLS, WI.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Midwest Physicians Services Llc
Radiology Services
$1,742,580
St Croix Valley Anesthesia Llc
Crna Services
$1,484,000
Infinite Health Collaborative Pa
Orthopedic Surgical Services
$950,387
Central Minnesota Diagnostic Inc
Radiology Services
$827,965
North Surburban Eye Specialists
Opthalmology Services
$736,399
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $4,570,714
All other contributions, gifts, grants, and similar amounts not included above$66,475
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$4,637,189
Total Program Service Revenue$133,730,865
Investment income $225,073
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $584
Net Gain/Loss on Asset Sales -$224,611
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $138,569,905

Grants Recieved

Over the last fiscal year, we have identified 2 grants that St Croix Regional Medical Center has recieved totaling $110,500.

Awarding OrganizationAmount
Roots And Wings Foundation Inc

Seattle, WA

PURPOSE: STRONG KIDS, COMMUNITIES, AND MINDS

$110,000
Felhaber Larson Fenlon & Vogtfoundation

Minneapolis, MN

PURPOSE: CHARITABLE CONTRIBUTION

$500
View Grant Recipient Profile

Peer Organizations

Organization NameAssets
Henry Ford Macomb Hospital Corporation
Detroit, MI
$653,565,323
Genesis Health System
Davenport, IA
$534,820,030
Thedacare Inc
Appleton, WI
$439,639,874
Carle Bromenn Medical Center
Urbana, IL
$210,828,397
Prohealth Medical Group Inc
Waukesha, WI
$177,161,425
Adventist Bolingbrook Hospital
Bolingbrook, IL
$216,065,202
Cuyuna Regional Medical Center
Crosby, MN
$179,682,328
Anderson Hospital
Maryville, IL
$168,176,168
Rush Oak Park Hospital Inc
Oak Park, IL
$174,464,382
Avera Marshall
Marshall, MN
$115,156,245
St Croix Regional Medical Center
St Croix Falls, WI
$138,569,905
Munson Healthcare Cadillac
Traverse City, MI
$123,901,366

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