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.
  • 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.

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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