Velarion Records

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

Riverview Health

Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS June 15, 2026. 30 years on file, all 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.
  • From fiscal year 2024 to fiscal year 2025 its net patient revenue rose 10.7%.
  • 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.
  • In its fiscal 2025 filing, its $300.9M net patient revenue sits at the 62nd percentile of 26 hospitals in IN, same facility class, 100 to 199 beds.

How these statements are drawn

30 years of filings

Net patient revenueOperating expenses

1996 reopened margin −6.5% $47.7M $50.8M

1997 reopened margin 5.9% $54.1M $50.9M

1998 reopened margin 6.4% $60.9M $56.9M

1999 settled margin 4.1% $67.3M $64.5M

2000 settled margin 6.2% $77.4M $72.6M

2001 settled margin 3.5% $81.5M $78.6M

2002 settled margin −2.7% $87.1M $89.5M

2003 settled margin 7.3% $101.5M $94.1M

2004 settled margin 11.5% $119.3M $105.6M

2005 settled margin −1.9% $114.6M $116.8M

2006 reopened margin 0.7% $123.5M $122.6M

2007 settled margin −5.3% $124.6M $131.2M

2008 reopened margin 0.6% $133.5M $132.8M

2009 reopened margin −1.7% $131.5M $133.6M

2010 reopened margin −2.1% $133.5M $136.3M

2011 reopened margin −3.1% $133.4M $137.4M

2012 reopened margin −5.7% $149.4M $157.9M

2013 reopened margin −4.2% $153.6M $160.0M

2014 settled margin −2.4% $160.7M $164.7M

2015 settled margin −5.3% $162.2M $170.8M

2016 settled margin −8.0% $171.6M $185.3M

2017 settled margin −7.1% $179.7M $192.4M

2018 reopened margin −10.8% $189.2M $209.6M

2019 reopened margin −12.1% $206.5M $231.5M

2020 settled margin −26.5% $190.2M $240.6M

2021 settled margin −17.7% $222.3M $261.7M

2022 settled margin −19.0% $233.1M $277.5M

2023 settled margin −17.6% $250.8M $295.1M

2024 as submitted margin −19.4% $271.8M $324.4M

2025 as submitted margin −17.5% $300.9M $353.6M

Beside its peers

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

Hospital Beds Net patient revenue Operating expenses Margin

Riverview Health 130 $300,911,259 $353,645,733 −17.5%

Ascension St. Vincent Anderson, Anderson 136 $190,608,248 $198,373,775 −4.1%

Dupont Hospital, Fort Wayne 131 $235,319,730 $196,055,045 16.7%

Hendricks Regional Health, Danville 130 $516,897,198 $532,061,682 −2.9%

St. Catherine Hospital, East Chicago 128 $166,750,844 $188,942,556 −13.3%

Terre Haute Regional Hospital, Terre Haute 141 $98,028,333 $69,457,817 29.1%

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).

Control: governmental, county.

Follow Riverview Health, free

More short-term acute care hospitals in Indiana

File HOSP10FY2025.ZIP, form CMS-2552-10, CMS certification number 150059. Owners of 5% or more: CMS Hospital All Owners and Hospital Enrollments, Medicare enrollment October 1, 2026.

How this page was built: the CMS Medicare cost report, file HOSP10FY2025.ZIP, read June 15, 2026.

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