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.

Enrolled with Medicare by Riverview Hospital.

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%
St. Catherine Hospital, East Chicago128$166,750,844$188,942,556−13.3%
Terre Haute Regional Hospital, 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.

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