Short Term Acute Care HospitalVoluntary Non-Profit - Private

Iroquois Memorial Hospital

Watseka, IL

200 Fairman Avenue, Watseka, IL 60970(815) 432-5201

Beds

330

Inpatient discharges a year

$25.4M

Net patient revenue a year

In-network payers

About this hospital

Iroquois Memorial Hospital is a 61-bed voluntary non-profit - private hospital in Watseka, IL. Below you'll find publicly disclosed negotiated rates and facility details, including 31 in-network payers and 208 disclosed rate categories.

Helipad

CCN: 140167
NPI: 1629003470
Website: iroquoismemorial.com
Medicare contractor: Jurisdiction 6, National Government Services (06101)

Negotiated Rates

The data below comes from CMS-mandated price transparency data. Learn more.

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Payer	Category	Code Type & Group	Contract Type	vs. State Average
Aetna	Outpatient	CPT Category III Codes Range: 0042T - 0810T	Percentage of Bill Charged	-
Aetna	Outpatient	CPT Evaluation and Management Range: 99091 - 99499	Negotiated	Very Low
Aetna	Outpatient	CPT Evaluation and Management Range: 99091 - 99499	Percentage of Bill Charged	-
Aetna	Outpatient	CPT Medicine Services and Procedures Range: 90281 - 99607	Negotiated	Very Low
Aetna	Outpatient	CPT Medicine Services and Procedures Range: 90281 - 99607	Percentage of Bill Charged	-
Aetna	Outpatient	CPT Pathology and Laboratory Procedures Range: 80047 - 89398	Negotiated	Very Low
Aetna	Outpatient	CPT Pathology and Laboratory Procedures Range: 80047 - 89398	Percentage of Bill Charged	-
Aetna	Outpatient	CPT Radiology Procedures Range: 70010 - 79999	Negotiated	Very Low
Aetna	Outpatient	CPT Radiology Procedures Range: 70010 - 79999	Percentage of Bill Charged	-
Aetna	Outpatient	CPT Surgery Range: 10004 - 69990	Negotiated	Very Low

Rates shown are negotiated amounts between this hospital and insurance providers. Actual patient costs depend on your insurance plan and coverage details.

Showing 1 - 10 of 208

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Insurance Accepted

Acceptance varies by plan and service. Confirm coverage with your insurer or the hospital's billing department.

AmbetterAmeri HealthAspirus Health PlanAvera Health PlansBanner HealthCareSource (incl Common Ground Health Coop)

More about this hospital

Doctors and services
36 services
See doctors and services
Finances
$25.4M net patient revenue
- Operating margin on patient care -14.4%
- $6.5M unreimbursed and uncompensated care
- $2M net income
See finances
Ownership and leadership
Michael Tilstra, chief executive
See ownership and leadership

Tax IDs and NPIs insurers list

The employer identification numbers (EINs) health plans and networks list for Iroquois Memorial Hospital in the in-network rate files they publish, with the organization NPIs billed under each.

Tax ID (EIN)	Plans and networks listing it	Organization NPIs
37-0673512(multi-state) Iroquois Memorial Hospital	54Aetna, Cigna, United Healthcare (incl Optum, Rocky Mountain, Health Plan of Nevada, Sierra Health), Allied Benefit Systems, Ambetter and 49 more	1629003470 Iroquois Memorial Hospital And Resident Home1366469132 Iroquois Memorial Hospital And Resident Home1578580346 Iroquois Memorial Hospital And Resident Homeand 18 more

Source: PayerPrice analysis of insurers' Transparency in Coverage in-network files. An EIN can cover several hospitals and clinics in a health system, and insurers sometimes list other organizations' NPIs under it.

Location

200 Fairman Avenue, Watseka, IL 60970

(815) 432-5201

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Accreditation and services

36 services at Iroquois Memorial Hospital

Emergency and trauma: Emergency DepartmentEmergency Psychiatric Care
Intensive care: Coronary Care UnitSurgical ICU (Medical Surgical Intensive Care Unit)Surgical ICU (Surgical Intensive Care Unit)
Surgery: AnesthesiaInpatient SurgicalOphthalmic SurgeryOR (Operating Room)Orthopedic SurgeryOutpatient SurgeryPostoperative Recovery Room
Imaging: CT ScanDiagnostic RadiologyMRI (Magnetic Resonance Imaging)Nuclear MedicineTherapeutic Radiology
Cancer: Chemotherapy
Transplant and dialysis: Organ Transplantation
Women and children: Clinical LaboratoryNeonatal NurseryObstetrics / Child BirthPediatric Care
Rehabilitation and therapy: AudiologyCARF Inpatient Rehabilitation (Commission On Accreditation Of Rehabilitation Facilities Inpatient Rehabilitation)OT (Occupational Therapy)Outpatient RehabilitationPT (Physical Therapy)Respiratory CareSpeech Pathology
Other services: Dental CareDietary CareESWL (Extracorporeal Shockwave Lithotripter)OutpatientPharmacySocial Care

Source: CMS Provider of Services file, as reported by the hospital and state surveyors.

Size and patient volume

What Iroquois Memorial Hospital reported to Medicare in its latest cost report, covering Oct 1, 2022 to Jul 16, 2023.

330
Inpatient discharges
Medicare 35%, Medicaid 4%
774
Inpatient days
11% of available bed days used
151
Employees (full-time equivalent)

Source: CMS cost report (HCRIS) (report 828432). Figures cover the reporting period, which is not always 12 months, and are self-reported.

Utilization by payer and unit

Inpatient days and discharges Iroquois Memorial Hospital reported by payer. Medicare and Medicaid include their managed care plans, shown separately below.

	Medicare	Medicaid	Other	Total
Inpatient days	366	19	389	774
Discharges	114	13	203	330
Average length of stay	3.2 days	1.5 days	1.9 days	2.3 days
Average daily census	1.3	0.1	1.3	2.7

145
Medicare Advantage days
31 discharges
61
Medicaid managed care days
36 discharges
713
Observation bed days

Beds and days by unit

Unit	Beds	Inpatient days	Medicare days	Occupancy
Adults & pediatrics	25	719	324	10%
Skilled nursing facility	35	3,387	487	33%

Source: CMS cost report (HCRIS, Form 2552-10), report 828432, settled without audit. Hospitals report these figures themselves; they are not audited financial statements. Worksheet S-3 Part I.

Income statement

Revenue, expenses and income Iroquois Memorial Hospital reported to Medicare for Oct 1, 2022 to Jul 16, 2023. Percentages are of net patient revenue.

Line	Amount	Share
Gross patient revenue (charges)	$64.4M	253.5%
Inpatient	$6.8M	26.8%
Outpatient	$57.6M	226.7%
Contractual allowances and discounts	-$39M	-153.5%
Net patient revenue	$25.4M	100.0%
Operating expenses	-$29.1M	-114.4%
Operating income from patient care	-$3.7M	-14.4%
Other income	$5.7M	22.4%
Contributions and donations	$153,867	0.6%
Investment income	$124,280	0.5%
Other	$5.4M	21.3%
Net income	$2M	8.0%

Gross revenue by payer

Line	Amount	Share
Traditional Medicare	$13.5M	22.5%
Medicaid (including managed care)	$15M	25.0%
Other payers and self-pay	$31.6M	52.5%
Total charges	$60.1M	100.0%

Source: CMS cost report (HCRIS, Form 2552-10), report 828432, settled without audit. Hospitals report these figures themselves; they are not audited financial statements. Traditional Medicare is the program charges on Worksheets D-3 and D Part V; Medicaid is from Worksheet S-10.

Financial ratios

Computed from Iroquois Memorial Hospital's latest cost report, which covers 289 days; income and expense figures are scaled to a year.

-14.4%
Operating margin
Operating income from patient care / net patient revenue
6.5%
Total margin
Net income / net patient revenue plus other income
10.6%
EBITDAR margin
Net income before interest, depreciation and leases (Worksheet A-7), / total revenue
47% of expenses
Personnel costs
Salaries, direct-care contract labor and core wage-related costs / operating expenses
$29.43
Average hourly wage
Adjusted salaries / paid hours (Worksheet S-3 Part II)
9.0%
Return on assets
Net income for a year / total assets
17.1%
Return on equity
Net income for a year / fund balance
0.25
Long-term debt to fund balance
Mortgages, notes and loans / fund balance
1.67
Current ratio
Current assets / current liabilities
1.43
Quick ratio
Cash, temporary investments and net receivables / current liabilities
49 days
Days cash on hand
Cash and temporary investments / daily operating expenses excluding depreciation
99 days
Days in patient receivables
Net patient receivables / daily net patient revenue
98 days
Average payment period
Current liabilities / daily operating expenses excluding depreciation
1.38
Asset turnover
Total revenue for a year / total assets
25.9 years
Average age of plant
Accumulated depreciation / depreciation for a year

Source: CMS cost report (HCRIS, Form 2552-10), report 828432, settled without audit. Hospitals report these figures themselves; they are not audited financial statements.

Balance sheet

What Iroquois Memorial Hospital owned and owed at the end of its reporting period (Jul 2023), across all fund types: $28.4M in total assets and a $15M fund balance.

Show the balance sheet

Line	Amount	Of total assets
Cash and temporary investments	$4.8M	16.8%
Patient receivables, net	$8.7M	30.6%
Inventory	$729,613	2.6%
Total current assets	$15.8M	55.5%
Property and equipment, net of depreciation	$5.8M	20.3%
Investments and other assets	$6.9M	24.1%
Total assets	$28.4M	100.0%
Current liabilities	$9.4M	33.3%
Long-term debt	$3.7M	13.2%
Total liabilities	$13.4M	47.2%
Fund balance (net assets)	$15M	52.8%

Source: CMS cost report (HCRIS, Form 2552-10), report 828432, settled without audit. Hospitals report these figures themselves; they are not audited financial statements.

Charity care and uncompensated care

Care Iroquois Memorial Hospital provided without full payment, as reported on Worksheet S-10 of its cost report.

$108,936
Cost of charity care
Care for patients approved for charity care and uninsured discounts, at cost
$1.6M
Bad debt
Patient bills written off as uncollectible, at charges
$5.7M
Medicaid shortfall
Cost of Medicaid patients (charges times the cost-to-charge ratio) minus Medicaid payments; negative means a surplus
$6.5M
Total unreimbursed and uncompensated care
22.2% of operating expenses
Medicaid, CHIP and indigent care shortfalls plus charity care and the cost of bad debt (Worksheet S-10 line 31)

Source: CMS cost report (HCRIS, Form 2552-10), report 828432, settled without audit. Hospitals report these figures themselves; they are not audited financial statements.

Financial trend

Iroquois Memorial Hospital's full-year cost reports, by fiscal year end. Reports shorter than ten months are left out.

Show 5 years

Fiscal year ending	Sep 2019	Sep 2020	Sep 2021	Sep 2022	Jul 2023
Net patient revenue	$25.3M	$24.2M	$31M	$34.1M	$25.4M
Operating expenses	$33.1M	$31.4M	$33.7M	$34.1M	$29.1M
Operating margin	-30.8%	-29.6%	-8.6%	0.0%	-14.4%
Net income	-$6M	-$5.1M	$6.9M	$3M	$2M
Total assets	$22.2M	$25.5M	$25.4M	$28.2M	$28.4M
Discharges	402	401	467	502	330
Inpatient days	1,005	944	1,437	1,437	774
Medicare Advantage days		20	203	250	145
Beds	61	61	61	61	61
Employees (FTE)	232	192	178	181	151

Source: CMS cost report (HCRIS, Form 2552-10), report 828432, settled without audit. Hospitals report these figures themselves; they are not audited financial statements.

Departments

Each cost center Iroquois Memorial Hospital reports, largest first. Total cost includes its share of overhead; the cost-to-charge ratio is total cost / charges.

Show all 39 departments

Ancillary and outpatient departments

Department	Salaries	Total cost	Charges	Cost-to-charge	Square feet
Emergency	$981,051	$2.5M	$7.4M	0.34	4,621
Drugs charged to patients	$434,570	$2.5M	$4.2M	0.59	3,521
Physical therapy	$620,425	$1.9M	$2.9M	0.65	12,363
Operating room	$513,730	$1.7M	$8.3M	0.20	16,292
Laboratory	$556,686	$1.6M	$9.5M	0.17	3,521
Radiology-diagnostic	$436,170	$1.4M	$5.3M	0.26	4,580
Rural health clinic iv	$924,520	$1.3M	$784,995	1.72	2,413
Observation beds (non-distinct part		$1.2M	$1.5M	0.85
Rural health clinic iii	$459,070	$954,932	$446,649	2.14	4,259
Respiratory therapy	$357,905	$755,208	$551,406	1.37	2,052
Home health agency	$352,349	$659,565	$414,477	1.59	2,350
Rural health clinic ii	$275,499	$643,256	$407,577	1.58	2,807
Ct scan	$213,803	$607,719	$7.3M	0.08	914
Rural health clinic	$373,229	$556,843	$435,143	1.28	1,318
Clinic	$144,542	$388,725	$1.3M	0.30	6,506
Mri	$9,689	$211,455	$1.2M	0.17
Impl. dev. charged to patients		$139,480	$226,839	0.61
Medical supplies charged to patient		$134,072	$1.4M	0.09
Electrocardiology		$35,423	$411,097	0.09	728
Anesthesiology		$7,409	$100,153	0.07	110

Inpatient units

Department	Salaries	Total cost	Charges	Cost-to-charge	Square feet
Skilled nursing facility	$1.2M	$2.7M	$2.2M	1.23	9,791
Adults & pediatrics	$662,932	$2.5M	$1.9M	1.34	9,285

Overhead (general service) departments

Department	Salaries	Direct cost	Paid hours	Average hourly wage	Square feet
Employee benefits department	$133,399	$2.6M	4,379	$30.46	1,786
Other administrative & general	$692,163	$2.4M			7,326
Operation of plant	$279,360	$933,400	17,429	$16.03	14,842
Cap rel costs-bldg & fixt		$725,826			137,071
Cap rel costs-mvble equip		$525,597
Business office	$256,989	$497,753			9,049
Housekeeping	$303,446	$326,323	10,866	$27.93	669
Data processing	$180,984	$291,933			2,471
Admitting	$200,597	$210,172			846
Dietary	$311,290	$200,192	6,721	$17.78	3,343
Cafeteria		$200,130	10,791	$17.78	1,040
Medical records & library	$144,374	$159,212	6,448	$22.39	1,345
Communications		$157,969			178
Nursing administration	$107,021	$108,385	3,382	$31.65	1,063
Laundry & linen service	$49,021	$82,785	2,863	$17.12	2,294
Purchasing receiving and stores	$68,529	$72,760			965
Central services & supply		$3,557			1,505

Source: CMS cost report (HCRIS, Form 2552-10), report 828432, settled without audit. Hospitals report these figures themselves; they are not audited financial statements. Worksheets A, B-1, C Part I and S-3 Part II.

Leadership

The officers and board members on Iroquois Memorial Hospital's Medicare enrollment and on the IRS Form 990 filed under its tax ID.

Officers and key employees (IRS Form 990, tax year 2024)

Name	Title
Michael Tilstra	CEO
Michelle Fairley	CNO (thru 02/25)/VP Customer Care
Shawn Bransky	CFO (thru 10/24)
Rhonda Pence	Chair
Kathy Perkinson	Vice Chair
Doug Geiger	Vice Chair (thru 06/25)
Sara Mikuta	Treasurer
Dan Tincher	Secretary
Denise Graves	CNO (as Of 01/25)

Board members: John Bell, Roger Dittrich, Kira Ebert, Adam Knapp, Philip Zumwalt MD.

Source: IRS Form 990 Part VII filed by Iroquois Memorial Hospital (EIN 37-0673512), via the IRS e-file data. A health system's return can cover several hospitals.

Programs and facilities

340B drug pricing program
Not participating
340B ID SCH140167-00, registered as a sole community hospital. Authorizing official: Jeff Petersen, VP.
Source: HRSA 340B Office of Pharmacy Affairs Information System.
Helipad
Iroquois Meml Hospital
FAA location ID IS89, a medical-use heliport at the hospital.
Source: FAA National Airspace System Resource data, cycle 2026-10-01.

Hospital-based units

Hospital-based units with their own Medicare certification

Iroquois memorial hospital
CCN 14U167, certified 2006, Medicare prospective payment
Iroquois resident home
CCN 146049, certified 2003, Medicare prospective payment
Iroquois home health
CCN 147586, certified 1994, Medicare prospective payment
Iroquois memorial hospice
CCN 141616, certified 2004
Gilman clinic
CCN 143424, certified 1996, Medicare cost reimbursed
Milford clinic
CCN 143425, certified 1996, Medicare cost reimbursed
Kentland clinic
CCN 153979, certified 1996, Medicare cost reimbursed
Mps clinic
CCN 148551, certified 2016, Medicare cost reimbursed

Source: Worksheet S-2 Part I of Iroquois Memorial Hospital's latest Medicare cost report (HCRIS).

Frequently asked questions

About Iroquois Memorial Hospital's rates and hospital price transparency.

How many patients does Iroquois Memorial Hospital admit?

Iroquois Memorial Hospital reported 330 inpatient discharges and 774 inpatient days from Oct 1, 2022 to Jul 16, 2023.

How many employees does Iroquois Memorial Hospital have?

Iroquois Memorial Hospital reported 151 full-time-equivalent employees on payroll from Oct 1, 2022 to Jul 16, 2023.

How much revenue does Iroquois Memorial Hospital make?

Iroquois Memorial Hospital reported $25.4M in net patient revenue on $64.4M of gross charges for Oct 1, 2022 to Jul 16, 2023, an operating margin of -14.4%, and net income of $2M.

How much charity and uncompensated care does Iroquois Memorial Hospital provide?

Iroquois Memorial Hospital reported $6.5M of unreimbursed and uncompensated care for Oct 1, 2022 to Jul 16, 2023, including $108,936 of charity care at cost.

Who is the CEO of Iroquois Memorial Hospital?

Iroquois Memorial Hospital's 2024 IRS Form 990 lists Michael Tilstra as CEO.

What is Iroquois Memorial Hospital's tax ID (EIN)?

Insurers' price transparency files list Iroquois Memorial Hospital under employer identification number 37-0673512 ((multi-state) Iroquois Memorial Hospital). 54 health plans and networks list 37-0673512 for it.

Does Iroquois Memorial Hospital participate in the 340B drug pricing program?

HRSA's 340B database lists Iroquois Memorial Hospital (340B ID SCH140167-00) as no longer participating since 2020.

What services does Iroquois Memorial Hospital offer?

CMS lists 36 services at Iroquois Memorial Hospital, including Anesthesia, Audiology, CARF Inpatient Rehabilitation (Commission On Accreditation Of Rehabilitation Facilities Inpatient Rehabilitation), Chemotherapy, Clinical Laboratory, Coronary Care Unit.

How many beds does Iroquois Memorial Hospital have?

Iroquois Memorial Hospital has 61 beds, including its psychiatric, rehabilitation and other subprovider units, in its latest Medicare cost report. Facility type: Short Term Acute Care Hospital.

Where is Iroquois Memorial Hospital and what is its phone number?

Iroquois Memorial Hospital is located at 200 Fairman Avenue, Watseka, IL 60970. Its main phone number is (815) 432-5201.

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{
  "description": "MRI of brain (no contrast)",
  "code_information": [
    { "code": "611", "type": "RC" },
    { "code": "70551", "type": "CPT" }
  ],
  "standard_charges": [{
    "setting": "outpatient",
    "minimum": 250,
    "maximum": 400,
    "gross_charge": 1200,
    "discounted_cash": 1080,
    "payers_information": [
      {
        "payer_name": "Platform Health Insurance",
        "plan_name": "PPO",
        "methodology": "fee schedule",
        "standard_charge_dollar": 400
      },
      {
        "payer_name": "Region Health Insurance",
        "plan_name": "HMO",
        "methodology": "fee schedule",
        "standard_charge_dollar": 250
      }
    ]
  }]
}

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About this hospital

Negotiated Rates

Insurance Accepted

More about this hospital

Tax IDs and NPIs insurers list

Location

Accreditation and services

36 services at Iroquois Memorial Hospital

Size and patient volume

Utilization by payer and unit

Beds and days by unit

Income statement

Gross revenue by payer

Financial ratios

Balance sheet

Charity care and uncompensated care

Financial trend

Departments

Ancillary and outpatient departments

Inpatient units

Overhead (general service) departments

Leadership

Officers and key employees (IRS Form 990, tax year 2024)

Programs and facilities

Hospital-based units

Hospital-based units with their own Medicare certification

Nearby hospitals

Frequently asked questions

Running price transparency at a hospital like this one?

Publish a CMS-compliant machine-readable file

Get your chargemaster right for billing and payer contracts