Velarion Records

Short-term acute care hospital · Indianapolis, Indiana · 745 beds · CMS certification number 150084

Ascension St. Vincent Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2025, amended, stamped by CMS March 3, 2026. 29 years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue
$1.5B
$1,526,699,561 · G-3 line 3
Operating expenses
$1.5B
$1,457,626,855 · G-3 line 4
Result from patient care
$69.1M
$69,072,706 · G-3 line 5
Margin on patient care
4.5%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $415.5M in its first year on file (1997) to $1.5B in 2025.
  • Its result from patient care: $67.7M (2023), $12.1M (2024), $69.1M (2025).
  • 2 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 5.5% of its inpatient days and Medicare for 19.2%.

Every statement is drawn from figures on this page; nothing is estimated.

29 years of filings

Net patient revenue against operating expenses, each year as filed.

Net patient revenueOperating expenses
1997
reopened
$415.5M
$415.6M
1998
reopened
$449.3M
$430.6M
1999
reopened
$500.4M
$492.6M
2000
reopened
$554.4M
$571.2M
2001
reopened
$549.2M
$610.6M
2002
reopened
$661.2M
$652.1M
2003
reopened
$699.6M
$685.7M
2004
reopened
$648.0M
$645.9M
2005
reopened
$700.7M
$655.6M
2006
reopened
$725.4M
$666.8M
2007
reopened
$783.0M
$731.2M
2008
reopened
$867.7M
$815.0M
2009
reopened
$891.5M
$854.9M
2010
reopened
$914.7M
$877.4M
2011
reopened
$1.1B
$985.2M
2012
reopened
$1.1B
$1.0B
2013
settled with audit
$1.1B
$1.0B
2014
reopened
$1.1B
$992.6M
2015
reopened
$1.2B
$1.0B
2016
reopened
$1.2B
$1.0B
2017
reopened
$1.3B
$1.1B
2018
reopened
$1.3B
$1.1B
2019
reopened
$1.3B
$1.1B
2020
reopened
$1.3B
$1.3B
2021
settled with audit
$1.4B
$1.2B
2022
settled with audit
$1.5B
$1.4B
2023
amended
$1.4B
$1.3B
2024
amended
$1.4B
$1.4B
2025
amended
$1.5B
$1.5B

Beside its peers

Short-term acute care hospitals in Indiana with 400 and over beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Ascension St. Vincent Hospital745$1,526,699,561$1,457,626,8554.5%
Community Hospital, Munster405$674,858,402$626,282,3097.2%
Deaconess Hospital, Evansville545$1,389,335,755$1,464,913,798−5.4%
Indiana University Health, Indianapolis1,293$4,430,052,423$5,895,266,530−33.1%
Memorial Hospital of South Bend, South Bend402$716,006,000$670,649,8476.3%
Parkview Regional Medical Center, Fort Wayne635$1,920,438,115$2,164,475,577−12.7%

Patients and payers

Discharges
31,437
S-3 line 14, col 15
Inpatient days
195,847
S-3 line 14, col 8
Beds in use, on an average day
538.0
days ÷ days in year
Occupancy
72.0%
days ÷ bed days
Medicare share of days
19.2%
S-3 cols 6 ÷ 8
Medicaid share of days
5.5%
S-3 cols 7 ÷ 8

Who owns it

Related organizations on its own cost report: ASCENSION ST. VINCENT (100%), home office; ASENCION HEALTH (100%), home office.

Type of control on its cost report: voluntary nonprofit, church.

Community benefit, as filed

Community benefit is filed on IRS Form 990 Schedule H by ST VINCENT HOSPITAL AND HEALTH CARE CENTER INC (employer identification number 350869066) for tax year 2022, once for the 4 hospital facilities the return lists, this hospital among them. The return does not divide it among them.

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2024.ZIP, form CMS-2552-10, filed under CMS certification number 150084. Patients and payers: worksheet S-3 Part I of the same filing.

How this page was built: the CMS Medicare cost report, file HOSP10FY2024.ZIP, read March 3, 2026.