Velarion Records

Short-term acute care hospital · Fort Wayne, Indiana · 35 beds · CMS certification number 150047

Lutheran Downtown Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended May 31, 2025, amended, stamped by CMS August 20, 2026. 30 years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$73.2M
$73,221,522 · G-3 line 3
Operating expenses
$72.0M
$72,029,520 · G-3 line 4
Result from patient care
$1.2M
$1,192,002 · G-3 line 5
Margin on patient care
1.6%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $68.9M in its first year on file (1996) to $73.2M in 2025.
  • Its result from patient care: −$9.4M (2023), −$10.0M (2024), $1.2M (2025).
  • 3 of the 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 4.3% of its inpatient days and Medicare for 12.5%.
  • 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 with audit
$68.9M
$70.3M
1997
settled
$68.7M
$68.0M
1998
settled
$33.1M
$36.5M
1999
reopened
$68.5M
$68.9M
2000
reopened
$71.3M
$72.9M
2001
reopened
$77.8M
$71.6M
2002
reopened
$79.6M
$73.6M
2003
settled
$88.4M
$78.7M
2004
settled
$88.7M
$85.3M
2005
reopened
$93.8M
$86.9M
2006
settled
$97.6M
$87.6M
2007
reopened
$86.5M
$89.9M
2008
reopened
$97.0M
$97.5M
2009
reopened
$101.4M
$92.6M
2010
reopened
$108.3M
$105.3M
2011
reopened
$105.6M
$101.9M
2012
reopened
$118.3M
$112.3M
2013
reopened
$131.3M
$121.1M
2014
reopened
$130.9M
$123.0M
2015
reopened
$124.7M
$123.5M
2016
reopened
$96.7M
$93.7M
2017
reopened
$83.3M
$88.9M
2018
settled
$83.0M
$91.9M
2019
reopened
$70.6M
$85.2M
2020
reopened
$52.4M
$83.6M
2021
settled
$27.3M
$60.8M
2022
settled
$45.7M
$72.9M
2023
reopened
$54.6M
$64.0M
2024
settled
$53.8M
$63.8M
2025
amended
$73.2M
$72.0M

Beside its peers

Short-term acute care hospitals in Indiana with 25 to 49 beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Lutheran Downtown Hospital35$73,221,522$72,029,5201.6%
Parkview Noble Hospital, Kendallville31$82,941,576$73,298,03611.6%
Daviess Community Hospital, Washington36$61,151,300$70,702,513−15.6%
Parkview Huntington Hospital, Huntington36$86,221,373$82,526,3094.3%
Orthoindy Hospital, Indianapolis34$246,484,439$176,600,85528.3%
Monroe Hospital, Bloomington32$30,893,436$42,713,948−38.3%

Patients and payers

Discharges
1,633
S-3 line 14, col 15
Inpatient days
5,464
S-3 line 14, col 8
Beds in use, on an average day
15.0
days ÷ days in year
Occupancy
41.7%
days ÷ bed days
Medicare share of days
12.5%
S-3 cols 6 ÷ 8
Medicaid share of days
4.3%
S-3 cols 7 ÷ 8

Who owns it

  • CHS COMMUNITY HEALTH SYSTEMS INC100%
  • COMMUNITY HEALTH SYSTEMS INC100%
  • HMA-TRI HOLDINGS LLC100%
  • LUTHERAN HEALTH NETWORK INVESTORS LLC100%
  • TENNYSON HOLDINGS LLC100%
  • TRIAD HEALTHCARE LLC100%
  • QHG OF FORT WAYNE COMPANY LLC42%
  • LUTHERAN HEALTH NETWORK OF INDIANA LLC38%
  • DHFW HOLDINGS LLC6%

Related organizations on its own cost report: CHS INC, owner; PASI, debt collection; SHARED LAUNDRY (33%), laundry.

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 HOSP10FY2024.ZIP, form CMS-2552-10, filed under CMS certification number 150047. 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 August 20, 2026.