Watertown Regional Medical Center

What Watertown Regional Medical Center does

Watertown Regional Medical Center is a non-profit community hospital founded in 1906 in Watertown, Wisconsin, serving residents of Dodge and Jefferson counties in southeast Wisconsin. The hospital operates a main 120-bed campus at 125 Hospital Drive and satellite clinics in Lake Mills, Waterloo, and on-campus specialty centers covering urology and ophthalmology. As of June 2026, it is owned by Lifepoint Health following the close of Lifepoint's acquisition of eight acute care hospitals from ScionHealth; the Greater Watertown Community Health Foundation retains a 20% ownership stake and 50% of board appointments. The hospital employs more than 670 staff including physicians, nurses, pharmacists, and healthcare workers, distributing a payroll of nearly $43 million in 2025.

The hospital's service portfolio spans emergency care, primary care, women's health and obstetric care (including Baby-Friendly designation), orthopedics and spine surgery, heart and vascular care (with Chest Pain Accreditation), neurology, pulmonology, urology, and ophthalmology. Clinical technology includes the VELYS robotic-assisted solution for knee replacement, the ExcelsiusHub navigation system from Globus Medical for spine surgery, eICU remote critical care monitoring, and a state-of-the-art cardiac catheterization lab. Digital offerings include the My HealthPoint patient portal and online health risk assessment tools.

Revenue is generated through fee-for-service billing across emergency, inpatient, and specialty services, paid by individual patients, commercial insurance, and government programs. A Financial Assistance Program provides services at discounted or zero cost to eligible patients, with $13.6 million in uncompensated care delivered in 2025. The hospital generated $5.3 million in taxes paid and made $6 million in capital investments in 2025. Quality credentials include four consecutive Leapfrog 'A' Hospital Safety Grades, three consecutive Healthgrades Patient Safety Excellence Awards, and inclusion in Becker's 2025 list of Great Community Hospitals. The hospital is led by CEO Richard Keddington, with a tenured C-suite including CFO Pamela Hess (30+ years healthcare finance) and CNO Megan Wierschke.

Name

Watertown Regional Medical Center

Legal name

Watertown Regional Medical Center

Website

https://watertownregional.com

Company type

Private

Founded year

1906

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Watertown Regional Medical Center is a non-profit community hospital founded in 1906 in Watertown, Wisconsin, serving Dodge and Jefferson counties with emergency, primary, surgical, and specialty care. Owned by Lifepoint Health (80%) and the Greater Watertown Community Health Foundation (20%) since June 2026.

Ownership category

akta.pro rank

Product category

Community Hospital Services

NAICS

General Medical and Surgical Hospitals (6221), Outpatient Care Centers (6214)

SIC

Services-Hospitals (8060), Services-General Medical & Surgical Hospitals, Nec (8062)

akta.pro primary industry

Community & Regional General Hospitals (HLAFAAAB)

akta.pro secondary industry

Critical Access & Rural Hospitals (HLAFAAAG)

Keywords

• Community hospital services
• Acute care medicine
• Emergency medical services
• Orthopedic surgery care
• Primary care medicine

Headquarters

HQ city

Watertown

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Healthcare Services Revenue: Fee-for-service healthcare delivery including emergency care, primary care, specialty services, surgical procedures, and diagnostic services. Revenue generated from patient services, insurance payments, and government healthcare programs.

Go-to-market motion1 record

Distribution channels5 records

Marketing channels8 records

Core offering

Watertown Regional Medical Center is a non-profit community hospital providing comprehensive acute and outpatient healthcare services to residents of Dodge and Jefferson counties in southeast Wisconsin. Its core offerings include 24/7 Emergency Care, Primary Care, Orthopedics and Spine Surgery, Heart and Vascular Care, Women's Health and Obstetric Care, Urology, Neurology, Pulmonology, and Ophthalmology, supported by advanced medical technologies such as the VELYS robotic-assisted surgical system, ExcelsiusHub spine navigation, eICU critical care, and a cardiac catheterization laboratory.

Product overview

Watertown Regional Medical Center operates as a community hospital offering a comprehensive range of healthcare services organized into core clinical services and digital/technology offerings. Core clinical services include Emergency Room, Primary Care, Orthopedics and Spine Surgery, Heart & Vascular, Women's Health & Obstetric Care, Urology, Neurology, Pulmonology, and Eye Care. Digital services include My HealthPoint patient portal for secure health information access and health risk assessment tools. Technology offerings include eICU remote monitoring, VELYS robotic-assisted knee replacement, and ExcelsiusHub navigation for spine surgery. The hospital partners with Orthopedic & Spine Centers of Wisconsin for expanded specialty surgical services.

Differentiator

Problem solved

Functional benefit

Products and services

• Emergency Room Services 24/7 emergency medical care for acute illnesses, injuries, and life-threatening conditions provided by emergency physicians in partnership with Emergency Medicine Specialists.
• Primary Care Family medicine and primary care services including preventive care, chronic disease management, and wellness visits for patients of all ages, delivered at multiple clinic locations.
• Orthopedics and Spine Surgery Comprehensive orthopedic care including joint replacement, sports medicine, hand and elbow, foot and ankle, and spine surgery, leveraging robotic-assisted and navigation-guided techniques in partnership with OSCW.
• Heart and Vascular Care Cardiac care including Chest Pain Center-accredited services, cardiac catheterization lab procedures, and cardiovascular disease prevention and treatment.
• Women's Health and Obstetric Care Comprehensive women's health services including obstetric care, birthing services, and Baby-Friendly designated maternity care meeting high standards for breastfeeding mothers and babies.
• Urology Services Urological care including bladder health, cancer screening, kidney care, kidney stones, men's health, prostate health, and women's urological services delivered through the hospital-based Urology Clinic.
• Eye Care (Center for Eye Care) Ophthalmology and optometry services including glaucoma screening, cataract surgery, and comprehensive eye exams delivered at the Center for Eye Care.
• My HealthPoint Patient Portal Secure online patient portal that allows patients to review test results, manage appointments, message doctors, renew prescriptions, and pay bills.

Quantifiable outcome

• 10th 'A' Hospital Safety Grade earned in the last 13 Leapfrog grading periods
• +4 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Four partnerships are on record, tiered core.

• Emergency Medicine Specialists (EMS)coreStrategic or Co-development Partner · 1 May 2026Wisconsin-based physician group recognized for excellence in emergency care. New partnership announced in May 2026 for emergency physician services at the hospital.
• Orthopedic & Spine Centers of Wisconsin (OSCW)coreStrategic or Co-development Partner · 1 January 2024Partnership allowing board-certified and fellowship-trained physicians to perform procedures at Watertown Regional Medical Center on hand, elbow, foot, ankle, spine, joint replacement, and sports medicine. Expanded orthopedic services to the area in 2024.
• ScionHealthcoreStrategic or Co-development Partner · 1 December 2021Watertown Regional Medical Center became a founding member of ScionHealth in December 2021 following Lifepoint Health's transaction acquiring Kindred Healthcare. ScionHealth owns 80% of the hospital while the Greater Watertown Community Health Foundation maintains 20% ownership. Operating approximately 80 hospital campuses across 28 states.
• Greater Watertown Community Health FoundationcoreStrategic or Co-development Partner · 1 September 2015Created out of the September 2015 joint venture transaction between Watertown Regional Medical Center and Lifepoint Health. GWCHF maintains 20% ownership stake in WRMC and appoints 50% of the joint venture board. Their mission is to inspire collaboration, mobilize resources, and encourage innovation for community well-being.

Scale indicators8 records

Recent moves9 records

Expansion highlights6 records

Broad incumbents

• ScionHealth: WRMC's previous 80% parent (2021–2026) operating ~80 hospital campuses across 28 states. Comparable as the recent parent and as a community-hospital system peer for benchmarking scale, capital, and operating model.
• Lifepoint Health: WRMC's 80% parent company as of June 2026; operates a large portfolio of community and acute-care hospitals across the U.S. Provides the system-level context, capital, and operating infrastructure that shapes WRMC's strategic and financial trajectory.

Regional players

• UW Health (University Hospital): Wisconsin's leading academic health system based in Madison. Relevant as the primary higher-acuity referral destination competing with WRMC for specialty cases in the Dodge/Jefferson service area.
• Froedtert South (Kenosha): A Wisconsin community/regional hospital part of the Froedtert system. Comparable as a Wisconsin acute-care community provider serving a similar community-hospital demographic, with broader system affiliation.
• ThedaCare Regional Medical Center-Neenah: A Wisconsin-based regional health system with community-hospital roots. Comparable as a Wisconsin acute-care provider with a similar community-hospital identity, though larger and more regional in scope than WRMC.

Direct peers

• Fort HealthCare: An independent community health system in Jefferson County (WRMC's own service area), offering similar acute-care, primary-care, and specialty services in a similar rural Wisconsin market — the most direct local competitor for WRMC patients.
• Mercyhealth Hospital and Trauma Center - Janesville: A southern Wisconsin community hospital of comparable size offering general medical/surgical, cardiac, and obstetric care to a similar demographic. Directly comparable by service mix and regional geography.
• Beaver Dam Community Hospitals (Marshfield Clinic Health System): A Wisconsin-based community hospital serving Dodge County and adjacent areas. Most directly comparable to WRMC by geography (adjacent county), size, service mix (general acute care with primary/specialty mix), and rural community-hospital profile.
• SSM Health St. Mary's Hospital - Janesville: A Catholic-system community hospital in nearby Rock County, WI offering comparable acute-care and obstetric/orthopedic services to a similar-size Wisconsin community. Closely comparable on geography, scale, and service line.
• Aspirus Riverview Hospital & Clinics: A Wisconsin rural community hospital providing comparable acute-care, primary-care, and specialty services in a similar small-city Wisconsin market. Strong direct peer for rural Wisconsin community-hospital profile.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance10 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Watertown Regional Medical Center