Velarion Records

Short-term acute care hospital · Shelbyville, Indiana · 46 beds · CMS certification number 150097

Major Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS June 11, 2026. 30 years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$231.2M
$231,155,133 · G-3 line 3
Operating expenses
$222.4M
$222,398,414 · G-3 line 4
Result from patient care
$8.8M
$8,756,719 · G-3 line 5
Margin on patient care
3.8%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $19.6M in its first year on file (1996) to $231.2M in 2025.
  • Its result from patient care: $4.8M (2023), $9.4M (2024), $8.8M (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 3.5% of its inpatient days and Medicare for 26.5%.

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
$19.6M
$20.5M
1997
settled
$23.8M
$22.9M
1998
reopened
$26.3M
$25.5M
1999
settled
$27.8M
$28.2M
2000
settled
$34.9M
$30.6M
2001
settled
$40.0M
$34.9M
2002
settled
$42.7M
$37.7M
2003
settled
$47.2M
$42.0M
2004
settled
$52.0M
$45.2M
2005
reopened
$54.1M
$51.5M
2006
reopened
$63.4M
$54.7M
2007
reopened
$67.6M
$60.1M
2008
reopened
$80.0M
$65.6M
2009
reopened
$71.4M
$64.1M
2010
reopened
$75.7M
$68.2M
2011
reopened
$85.5M
$72.2M
2012
reopened
$101.6M
$80.6M
2013
reopened
$99.2M
$84.1M
2014
reopened
$113.0M
$85.3M
2015
reopened
$118.8M
$86.6M
2016
settled
$102.6M
$99.3M
2017
settled
$115.2M
$117.3M
2018
settled
$129.7M
$136.3M
2019
settled
$135.5M
$141.8M
2020
settled
$124.1M
$146.0M
2021
settled
$168.4M
$158.6M
2022
settled
$156.9M
$171.4M
2023
settled
$191.6M
$186.8M
2024
settled
$219.6M
$210.2M
2025
as submitted
$231.2M
$222.4M

Beside its peers

Short-term acute care hospitals in Indiana with 25 to 49 beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Major Hospital46$231,155,133$222,398,4143.8%
Ascension St. Vincent Fishers, Fishers46$100,602,907$77,395,03923.1%
Bluffton Regional Medical Center, Bluffton40$25,901,812$37,261,520−43.9%
Henry County Memorial Hospital, New Castle48$164,224,226$166,727,269−1.5%
Orthopaedic Hospital at Parkview North, Fort Wayne37$204,739,304$121,175,71240.8%
Parkview Whitley Hospital, Columbia City49$141,813,900$143,295,456−1.0%

Patients and payers

Discharges
2,426
S-3 line 14, col 15
Inpatient days
9,768
S-3 line 14, col 8
Beds in use, on an average day
26.8
days ÷ days in year
Occupancy
58.2%
days ÷ bed days
Medicare share of days
26.5%
S-3 cols 6 ÷ 8
Medicaid share of days
3.5%
S-3 cols 7 ÷ 8

Who owns it

Related organizations on its own cost report: MMG, physician group.

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

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 150097. Patients and payers: worksheet S-3 Part I of the same filing.

How this page was built: the CMS Medicare cost report, file HOSP10FY2025.ZIP, read June 11, 2026.