Velarion Records

Short-term acute care hospital · Munster, Indiana · 405 beds · CMS certification number 150125

Community Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2025, as submitted, stamped by CMS August 12, 2026. 29 years on file, every one shown below.

Enrolled with Medicare by Munster Medical Research Foundation.

Fiscal 2025 at a glance

Net patient revenue
$674.9M
$674,858,402 · G-3 line 3
Operating expenses
$626.3M
$626,282,309 · G-3 line 4
Result from patient care
$48.6M
$48,576,093 · G-3 line 5
Margin on patient care
7.2%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $148.9M in its first year on file (1997) to $674.9M in 2025.
  • Its result from patient care: $36.8M (2023), $39.8M (2024), $48.6M (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 2.1% of its inpatient days and Medicare for 34.0%.
  • COMMUNITY FOUNDATION OF NORTHWEST INDIANA, INC holds 100% of it, on its Medicare enrollment.

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
settled
$148.9M
$133.8M
1998
settled
$160.5M
$144.5M
1999
settled
$158.9M
$151.6M
2000
reopened
$172.7M
$166.7M
2001
settled
$200.0M
$184.5M
2002
settled
$220.8M
$209.2M
2003
settled
$238.9M
$226.5M
2004
reopened
$253.1M
$241.7M
2005
reopened
$268.2M
$255.8M
2006
reopened
$290.0M
$288.1M
2007
reopened
$299.9M
$299.0M
2008
reopened
$324.8M
$313.5M
2009
reopened
$352.8M
$335.8M
2010
reopened
$398.0M
$382.0M
2011
reopened
$421.6M
$411.9M
2012
reopened
$470.5M
$451.6M
2013
reopened
$476.2M
$472.8M
2014
reopened
$451.3M
$429.8M
2015
reopened
$477.5M
$435.9M
2016
reopened
$493.4M
$454.9M
2017
reopened
$513.5M
$471.3M
2018
reopened
$530.2M
$482.3M
2019
reopened
$517.0M
$486.9M
2020
reopened
$499.3M
$493.7M
2021
settled
$575.7M
$520.2M
2022
settled with audit
$593.9M
$545.8M
2023
settled
$615.1M
$578.4M
2024
settled
$649.4M
$609.5M
2025
as submitted
$674.9M
$626.3M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
Community Hospital405$674,858,402$626,282,3097.2%
Ascension St. Vincent Hospital, Indianapolis745$1,526,699,561$1,457,626,8554.5%
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
16,531
S-3 line 14, col 15
Inpatient days
84,902
S-3 line 14, col 8
Beds in use, on an average day
233.2
days ÷ days in year
Occupancy
57.4%
days ÷ bed days
Medicare share of days
34.0%
S-3 cols 6 ÷ 8
Medicaid share of days
2.1%
S-3 cols 7 ÷ 8

Who owns it

  • COMMUNITY FOUNDATION OF NORTHWEST INDIANA, INC100%

Related organizations on its own cost report: CFNI, home office; COMMUNITY CARE, physician ntwrk; CANCER FOUNDATN, cancer support.

Other hospitals with the same owner: St. Mary Medical Center (IN).

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

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 HOSP10FY2024.ZIP, form CMS-2552-10, filed under CMS certification number 150125. 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 HOSP10FY2024.ZIP, read August 12, 2026.

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