Velarion Records

Short-term acute care hospital · Valparaiso, Indiana · 201 beds · CMS certification number 150035

Northwest Health-Porter

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS June 8, 2026. 30 years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$367.9M
$367,885,195 · G-3 line 3
Operating expenses
$351.6M
$351,622,689 · G-3 line 4
Result from patient care
$16.3M
$16,262,506 · G-3 line 5
Margin on patient care
4.4%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $127.6M in its first year on file (1996) to $367.9M in 2025.
  • Its result from patient care: $40.6M (2023), $42.2M (2024), $16.3M (2025).
  • All 5 short-term acute care hospital peers below with a margin on file also report a gain on patient care for fiscal year 2025.
  • Medicaid paid for 4.8% of its inpatient days and Medicare for 26.5%.
  • CHS COMMUNITY HEALTH SYSTEMS INC 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
settled
$127.6M
$119.4M
1997
settled
$131.4M
$128.4M
1998
settled
$139.2M
$137.3M
1999
settled
$140.1M
$142.6M
2000
reopened
$142.8M
$140.6M
2001
settled
$151.5M
$150.6M
2002
reopened
$171.6M
$167.7M
2003
reopened
$188.3M
$182.8M
2004
settled
$192.9M
$185.3M
2005
reopened
$184.7M
$190.9M
2006
reopened
$229.5M
$227.4M
2007
reopened
$155.9M
$153.6M
2008
reopened
$235.2M
$220.1M
2009
reopened
$255.9M
$230.1M
2010
reopened
$261.5M
$224.9M
2011
reopened
$257.7M
$220.6M
2012
reopened
$305.8M
$261.5M
2013
reopened
$315.0M
$284.5M
2014
reopened
$338.8M
$307.0M
2015
reopened
$306.8M
$271.2M
2016
settled
$311.8M
$271.7M
2017
settled
$319.8M
$281.2M
2018
reopened
$320.9M
$283.0M
2019
reopened
$322.2M
$279.3M
2020
settled
$302.0M
$260.0M
2021
settled
$352.5M
$265.2M
2022
settled
$370.6M
$288.7M
2023
settled
$385.8M
$345.2M
2024
amended
$395.9M
$353.7M
2025
as submitted
$367.9M
$351.6M

Beside its peers

Short-term acute care hospitals in Indiana with 200 to 399 beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Northwest Health-Porter201$367,885,195$351,622,6894.4%
Columbus Regional Hospital, Columbus208$443,524,006$403,039,7159.1%
Elkhart General Hospital, Elkhart222$382,023,000$345,157,3289.7%
Reid Health, Richmond207$559,327,679$490,030,79712.4%
Saint Joseph Regional Medical Center, Mishawaka253$409,459,714$398,488,9832.7%
Union Hospital, Terre Haute266$749,315,259$688,347,0298.1%

Patients and payers

Discharges
10,106
S-3 line 14, col 15
Inpatient days
50,399
S-3 line 14, col 8
Beds in use, on an average day
138.5
days ÷ days in year
Occupancy
68.7%
days ÷ bed days
Medicare share of days
26.5%
S-3 cols 6 ÷ 8
Medicaid share of days
4.8%
S-3 cols 7 ÷ 8

Who owns it

  • CHS COMMUNITY HEALTH SYSTEMS INC100%
  • COMMUNITY HEALTH SYSTEMS INC100%
  • HMA-TRI HOLDINGS LLC100%
  • NORTHWEST INDIANA HEALTH SYSTEM LLC100%
  • TENNYSON HOLDINGS LLC100%
  • TRIAD HEALTHCARE LLC100%
  • FRANKFORT HEALTH PARTNER, INC91%

Related organizations on its own cost report: CHS, home office.

Other hospitals with the same owner: Gadsden Regional Medical Center (AL), Medical Center Enterprise (AL), Flowers Hospital (AL), Baldwin Health (AL), Grandview Medical Center (AL), Crestwood Medical Center (AL), Mat-Su Regional Medical Center (AK).

Type of control on its cost report: proprietary, corporation.

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

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 150035. 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 HOSP10FY2025.ZIP, read June 8, 2026.