Velarion Records

Short-term acute care hospital · Harvey, Illinois · 189 beds · CMS certification number 140191

Ingalls Memorial Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2025, as submitted, stamped by CMS September 28, 2026. 30 years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue
$410.9M
$410,860,314 · G-3 line 3
Operating expenses
$396.6M
$396,629,059 · G-3 line 4
Result from patient care
$14.2M
$14,231,255 · G-3 line 5
Margin on patient care
3.5%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $161.4M in its first year on file (1996) to $410.9M in 2025.
  • Its result from patient care: −$38.6M (2023), $2.2M (2024), $14.2M (2025).
  • 1 of the 5 short-term acute care hospital peers below with a margin on file also reports a gain on patient care for fiscal year 2025.
  • Medicaid paid for 6.6% of its inpatient days and Medicare for 18.2%.
  • THE UNIVERSITY OF CHICAGO MEDICAL CENTER holds 100% of it, on its Medicare enrollment.

Every statement is drawn from figures on this page; nothing is estimated.

30 years of filings

Net patient revenue against operating expenses, each year as filed.

Net patient revenueOperating expenses
1996
reopened
$161.4M
$161.6M
1997
reopened
$120.1M
$120.5M
1998
reopened
$158.4M
$162.4M
1999
reopened
$161.9M
$178.9M
2000
reopened
$162.2M
$181.2M
2001
reopened
$166.6M
$171.6M
2002
reopened
$185.7M
$186.6M
2003
reopened
$219.2M
$217.4M
2004
reopened
$214.1M
$215.4M
2005
reopened
$236.6M
$232.3M
2006
settled
$239.3M
$244.2M
2007
reopened
$257.4M
$262.0M
2008
reopened
$261.6M
$268.5M
2009
reopened
$271.9M
$280.4M
2010
reopened
$275.3M
$277.2M
2011
reopened
$285.3M
$288.0M
2012
reopened
$293.3M
$296.8M
2013
reopened
$290.7M
$294.2M
2014
reopened
$292.0M
$295.3M
2015
reopened
$285.4M
$290.4M
2016
reopened
$283.7M
$310.7M
2017
reopened
$226.8M
$231.1M
2018
reopened
$295.0M
$335.9M
2019
settled with audit
$300.3M
$315.9M
2020
settled
$283.0M
$337.2M
2021
settled
$310.9M
$351.4M
2022
settled
$335.2M
$369.7M
2023
amended
$323.7M
$362.3M
2024
amended
$382.6M
$380.4M
2025
as submitted
$410.9M
$396.6M

Beside its peers

Short-term acute care hospitals in Illinois with 100 to 199 beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Ingalls Memorial Hospital189$410,860,314$396,629,0593.5%
Copley Memorial Hospital, Aurora192$372,403,958$421,275,648−13.1%
Jackson Park Hospital and Medical Center, Chicago183$77,648,836$87,814,358−13.1%
Javon Bea Hospital, Rockford186$393,566,115$402,669,713−2.3%
Rush Oak Park Hospital, Oak Park185$191,695,076$183,453,6804.3%
Resurrection Medical Center, Chicago191$258,371,623$273,508,777−5.9%

Patients and payers

Discharges
93,444
S-3 line 14, col 15
Inpatient days
53,903
S-3 line 14, col 8
Beds in use, on an average day
148.1
days ÷ days in year
Occupancy
78.1%
days ÷ bed days
Medicare share of days
18.2%
S-3 cols 6 ÷ 8
Medicaid share of days
6.6%
S-3 cols 7 ÷ 8

Who owns it

  • THE UNIVERSITY OF CHICAGO MEDICAL CENTER100%
  • UCHICAGO MEDICINE NETWORK, INC.100%
  • UNIVERSITY OF CHICAGO100%

Related organizations on its own cost report: INGALLS HEALTH SYSTEM (100%), acute; INGALLS MEMORIA (100%), home care; U OF C HOSPITAL (100%), healthcare.

Other hospitals with the same owner: Uchicago Medicine Adventhealth la Grange (IL), Comer Childrens Hospital (IL), Uchicago Medicine Adventhealth Hinsdale (IL), Uchicago Medicine Adventhealth Glenoaks (IL), Uchicago Medicine Adventhealth Bolingbrook (IL), Uchicago Medicine Northwest Indiana (IN).

Type of control on its cost report: voluntary nonprofit, other.

Owners of 5% or more, from CMS’s hospital ownership file (Medicare enrollment, October 1, 2026).

Community benefit, as filed

From IRS Form 990 Schedule H, Part I, filed by The Ingalls Memorial Hospital (employer identification number 362170866) for tax year 2022. The return lists this hospital as its one hospital facility.

FigureAs filedWhere it comes from
Total community benefit expense (line 7k)$33,520,231IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><NetCommunityBenefitExpnsAmt>
Financial assistance at cost (line 7a)$10,816,048IRS Form 990 Schedule H, Part I, <FinancialAssistanceAtCostTyp><NetCommunityBenefitExpnsAmt>
Medicaid (line 7b)$20,701,445IRS Form 990 Schedule H, Part I, <UnreimbursedMedicaidGrp><NetCommunityBenefitExpnsAmt>
Financial assistance and means-tested government programs (line 7d)$31,517,493IRS Form 990 Schedule H, Part I, <TotalFinancialAssistanceTyp><NetCommunityBenefitExpnsAmt>
Other benefits (line 7j)$2,002,738IRS Form 990 Schedule H, Part I, <TotalOtherBenefitsGrp><NetCommunityBenefitExpnsAmt>
Total, fraction of total expense (line 7k, column f)0.0951IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><TotalExpensePct>

E-file object id 202401349349306430. The IRS archive it was read from.

Follow this hospital, free

We send this record now and tell you when it files again.

More short-term acute care hospitals in Illinois

From the publisher of Velarion Records

Velarion Intel

Independent Decision-Grade Intelligence

Compensation and corporate governance intelligence for advisors, investors and companies. Executive and board pay for public companies, benchmarked against peers.

See what Intel shows

Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2024.ZIP, form CMS-2552-10, filed under CMS certification number 140191. Patients and payers: worksheet S-3 Part I of the same filing. Ownership: CMS Hospital All Owners and Hospital Enrollments.

How this page was built: the CMS Medicare cost report, file HOSP10FY2024.ZIP, read September 28, 2026.