Short-term acute care hospital · Carmel, Indiana · 153 beds · CMS certification number 150161
Iu Health North Hospital
Latest filing: fiscal year ended December 27, 2025, as submitted, stamped by CMS June 22, 2026. Twenty years on file, all shown below.
Fiscal 2025 at a glance
What stands out
- Net patient revenue rose from $105.3M in its first year on file (2006) to $482.1M in 2025.
- Its result from patient care: $114.1M (2023), $113.8M (2024), $106.7M (2025).
- 4 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 3.9% of its inpatient days and Medicare for 20.7%.
Twenty years of filings
2006 reopened margin −54.9% $105.3M $163.2M
2007 reopened margin −12.8% $140.9M $158.9M
2008 reopened margin −4.0% $176.7M $183.7M
2009 reopened margin 3.0% $201.7M $195.6M
2010 reopened margin 5.8% $217.5M $205.0M
2011 reopened margin 10.5% $217.2M $194.4M
2012 reopened margin 10.4% $115.3M $103.4M
2013 reopened margin 10.4% $208.4M $186.7M
2014 settled margin 21.0% $226.2M $178.6M
2015 reopened margin 19.5% $220.1M $177.2M
2016 settled margin 20.3% $234.8M $187.2M
2017 settled margin 16.8% $237.0M $197.1M
2018 settled margin 19.4% $250.5M $202.0M
2019 settled margin 20.1% $264.9M $211.8M
2020 settled margin 27.4% $336.4M $244.3M
2021 settled margin 28.7% $376.8M $268.8M
2022 settled margin 24.2% $413.3M $313.2M
2023 settled margin 26.1% $436.5M $322.5M
2024 as submitted margin 24.0% $473.7M $359.9M
2025 as submitted margin 22.1% $482.1M $375.4M
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
Iu Health North Hospital 153 $482,068,395 $375,389,416 22.1%
Norton Clark Hospital, Jeffersonville 153 $176,518,793 $219,232,412 −24.2%
Franciscan Health Lafayette, Lafayette 177 $451,161,459 $449,058,335 0.5%
Franciscan Health Michigan City, Michigan City 142 $415,218,974 $375,984,937 9.4%
Iu Health West Hospital, Avon 168 $368,128,496 $317,455,339 13.8%
St. Mary Medical Center, Hobart 180 $360,416,135 $329,841,990 8.5%
Patients and payers
- Discharges 34,589 S-3 line 14, col 15
- Inpatient days 37,011 S-3 line 14, col 8
- Beds in use, on an average day 102.8 days ÷ days in year
- Occupancy 66.3% days ÷ bed days
- Medicare share of days 20.7% S-3 cols 6 ÷ 8
- Medicaid share of days 3.9% S-3 cols 7 ÷ 8
Who owns it
Related organizations on its own cost report: IU HEALTH, healthcare.
Control: voluntary nonprofit, other.
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More short-term acute care hospitals in Indiana
File HOSP10FY2025.ZIP, form CMS-2552-10, CMS certification number 150161.
How this page was built: the CMS Medicare cost report, file HOSP10FY2025.ZIP, read June 22, 2026.
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