Velarion Records

Short-term acute care hospital · Noblesville, Indiana · 130 beds · CMS certification number 150059

Riverview Health

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS June 15, 2026. 30 years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$300.9M
$300,911,259 · G-3 line 3
Operating expenses
$353.6M
$353,645,733 · G-3 line 4
Result from patient care
−$52.7M
−$52,734,474 · G-3 line 5
Margin on patient care
−17.5%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $47.7M in its first year on file (1996) to $300.9M in 2025.
  • Its result from patient care: −$44.2M (2023), −$52.7M (2024), −$52.7M (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 1.8% of its inpatient days and Medicare for 24.6%.
  • RIVERVIEW HOSPITAL 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
$47.7M
$50.8M
1997
reopened
$54.1M
$50.9M
1998
reopened
$60.9M
$56.9M
1999
settled
$67.3M
$64.5M
2000
settled
$77.4M
$72.6M
2001
settled
$81.5M
$78.6M
2002
settled
$87.1M
$89.5M
2003
settled
$101.5M
$94.1M
2004
settled
$119.3M
$105.6M
2005
settled
$114.6M
$116.8M
2006
reopened
$123.5M
$122.6M
2007
settled
$124.6M
$131.2M
2008
reopened
$133.5M
$132.8M
2009
reopened
$131.5M
$133.6M
2010
reopened
$133.5M
$136.3M
2011
reopened
$133.4M
$137.4M
2012
reopened
$149.4M
$157.9M
2013
reopened
$153.6M
$160.0M
2014
settled
$160.7M
$164.7M
2015
settled
$162.2M
$170.8M
2016
settled
$171.6M
$185.3M
2017
settled
$179.7M
$192.4M
2018
reopened
$189.2M
$209.6M
2019
reopened
$206.5M
$231.5M
2020
settled
$190.2M
$240.6M
2021
settled
$222.3M
$261.7M
2022
settled
$233.1M
$277.5M
2023
settled
$250.8M
$295.1M
2024
as submitted
$271.8M
$324.4M
2025
as submitted
$300.9M
$353.6M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
Riverview Health130$300,911,259$353,645,733−17.5%
Ascension St. Vincent Anderson, Anderson136$190,608,248$198,373,775−4.1%
Dupont Hospital, Fort Wayne131$235,319,730$196,055,04516.7%
Hendricks Regional Health, Danville130$516,897,198$532,061,682−2.9%
Powers Health, East Chicago128$166,750,844$188,942,556−13.3%
Terre Haute Regional, Terre Haute141$98,028,333$69,457,81729.1%

Patients and payers

Discharges
4,047
S-3 line 14, col 15
Inpatient days
15,495
S-3 line 14, col 8
Beds in use, on an average day
42.6
days ÷ days in year
Occupancy
32.7%
days ÷ bed days
Medicare share of days
24.6%
S-3 cols 6 ÷ 8
Medicaid share of days
1.8%
S-3 cols 7 ÷ 8

Who owns it

  • RIVERVIEW HOSPITAL100%

Related organizations on its own cost report: RSMA (51%).

Other hospitals with the same owner: Ascension St. Vincent Heart Center (IN).

Type of control on its cost report: governmental, county.

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

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More short-term acute care hospitals in Indiana

Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 150059. 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 15, 2026.