Velarion Records

Short-term acute care hospital · Marion, Indiana · 82 beds · CMS certification number 150011

Marion General Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2025, as submitted, stamped by CMS October 21, 2025. 29 years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue
$225.8M
$225,759,023 · G-3 line 3
Operating expenses
$233.4M
$233,400,328 · G-3 line 4
Result from patient care
−$7.6M
−$7,641,305 · G-3 line 5
Margin on patient care
−3.4%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $78.9M in its first year on file (1997) to $225.8M in 2025.
  • Its result from patient care: −$26.9M (2023), −$22.9M (2024), −$7.6M (2025).
  • 3 of the 5 short-term acute care hospital peers below with a margin on file also report a loss on patient care for fiscal year 2025.
  • Medicaid paid for 3.1% of its inpatient days and Medicare for 22.7%.

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

29 years of filings

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

Net patient revenueOperating expenses
1997
reopened
$78.9M
$72.6M
1998
reopened
$77.7M
$73.7M
1999
reopened
$78.6M
$74.5M
2000
reopened
$80.4M
$77.7M
2001
settled
$86.0M
$81.7M
2002
reopened
$91.6M
$88.1M
2003
reopened
$94.8M
$96.5M
2004
reopened
$107.3M
$102.2M
2005
reopened
$106.4M
$103.6M
2006
reopened
$116.8M
$112.0M
2007
reopened
$118.3M
$111.9M
2008
reopened
$128.7M
$118.2M
2009
reopened
$130.3M
$118.0M
2010
reopened
$130.8M
$117.5M
2011
settled
not filed
$119.9M
2012
reopened
$154.8M
$145.0M
2013
reopened
$149.1M
$148.8M
2014
reopened
$148.9M
$151.5M
2015
reopened
$156.5M
$152.3M
2016
reopened
$163.5M
$162.9M
2017
settled
$175.2M
$171.5M
2018
settled
$171.5M
$171.3M
2019
settled
$180.0M
$184.2M
2020
settled
$183.7M
$190.2M
2021
settled
$195.3M
$192.1M
2022
settled
$195.1M
$199.4M
2023
settled
$183.5M
$210.3M
2024
settled
$194.5M
$217.4M
2025
as submitted
$225.8M
$233.4M

Beside its peers

Short-term acute care hospitals in Indiana with 50 to 99 beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Marion General Hospital82$225,759,023$233,400,328−3.4%
The Women's Hospital, Newburgh80$152,804,237$135,092,39911.6%
Franciscan Health Mooresville, Mooresville80$157,958,396$148,893,5235.7%
Goshen General Hospital, Goshen92$283,134,444$317,113,971−12.0%
Northwest Health-la Porte, Laporte84$175,023,030$180,283,758−3.0%
Schneck Medical Center, Seymour84$222,862,166$225,625,618−1.2%

Patients and payers

Discharges
4,157
S-3 line 14, col 15
Inpatient days
16,675
S-3 line 14, col 8
Beds in use, on an average day
45.8
days ÷ days in year
Occupancy
55.7%
days ÷ bed days
Medicare share of days
22.7%
S-3 cols 6 ÷ 8
Medicaid share of days
3.1%
S-3 cols 7 ÷ 8

Who owns it

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

Community benefit, as filed

From IRS Form 990 Schedule H, Part I, filed by MARION GENERAL HOSPITAL INC (employer identification number 350868130) 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)$32,455,650IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><NetCommunityBenefitExpnsAmt>
Financial assistance at cost (line 7a)$3,510,295IRS Form 990 Schedule H, Part I, <FinancialAssistanceAtCostTyp><NetCommunityBenefitExpnsAmt>
Medicaid (line 7b)$25,903,062IRS Form 990 Schedule H, Part I, <UnreimbursedMedicaidGrp><NetCommunityBenefitExpnsAmt>
Financial assistance and means-tested government programs (line 7d)$29,413,357IRS Form 990 Schedule H, Part I, <TotalFinancialAssistanceTyp><NetCommunityBenefitExpnsAmt>
Other benefits (line 7j)$3,042,293IRS Form 990 Schedule H, Part I, <TotalOtherBenefitsGrp><NetCommunityBenefitExpnsAmt>
Total, fraction of total expense (line 7k, column f)0.1565IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><TotalExpensePct>

E-file object id 202401299349302800. The IRS archive it was read from.

Executive and director compensation, as filed

From IRS Form 990 Part VII, Section A, filed by MARION GENERAL HOSPITAL INC (employer identification number 350868130) for tax year 2022. The return lists this hospital as its one hospital facility.

NameTitleRoleReportable comp, from this organizationReportable comp, from related organizationsOther compensation
ANTHONY ROBERTSCFOOfficer$395,402$0$40,881
CHARLES COSSELL DOPHYSICIANHighest-compensated employee$741,766$0$22,602
CYNTHIA FUTRELLCNOOfficer$308,808$0$41,017
DON TRICARICO JRCAO (LEFT 01/19)Former$136,500$0$0
EDMOND BENDALY MDPHYSICIANHighest-compensated employee$846,524$0$9,150
ELIZABETH GUTIERREZBOARD TREASURERTrustee/director, Officer$0$0$0
JAMES ORRELL MDPHYSICIAN/CHIEF OF MED. STAFFTrustee/director$429,665$0$53,054
KAREN JACOBS DOPHYSICIANHighest-compensated employee$660,729$0$34,554
KAVITA RAJ DOPHYSICIANHighest-compensated employee$620,091$0$52,803
KEVIN CATESBOARD SECRETARYTrustee/director, Officer$0$0$0
LEZLIE WINTERBOARD MEMBERTrustee/director$0$0$0
M NABI SHARIF MDPHYSICIAN/BOARD MEMBERTrustee/director$162,300$0$0
MICHAEL HOTZBOARD MEMBERTrustee/director$0$0$0
NABIN AGRAWAL MDPHYSICIAN/BOARD MEMBERTrustee/director$283,163$0$50,398
SHANKARAN SRIKANTH MDPHYSICIAN/BOARD MEMBERHighest-compensated employee$591,083$0$50,774
SIRAJABID KHATIB MDPHYSICIAN/BOARD MEMBERTrustee/director$376,648$0$22,840
STEPHANIE HILTON-SIEBERTPRESIDENT/CEOTrustee/director, Officer$1,458,228$0$36,199
STEPHEN KELLER MDPHYSICIAN/BOARD MEMBERTrustee/director$696,571$0$37,103
STEVEN BERRYVICE CHAIRTrustee/director, Officer$0$0$0
TIMOTHY DAILEYCHAIRTrustee/director, Officer$0$0$0

E-file object id 202401299349302800. The IRS archive it was read from.

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2024.ZIP, form CMS-2552-10, filed under CMS certification number 150011. Patients and payers: worksheet S-3 Part I of the same filing.

How this page was built: the CMS Medicare cost report, file HOSP10FY2024.ZIP, read October 21, 2025.