Short-term acute care hospital · Carmel, Indiana · 153 beds · CMS certification number 150161
Iu Health North Hospital
Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 27, 2025, as submitted, stamped by CMS June 22, 2026. Twenty years on file, every one 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%.
Every statement is drawn from figures on this page; nothing is estimated.
Twenty years of filings
Net patient revenue against operating expenses, each year as filed.
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Beside its peers
Short-term acute care hospitals in Indiana with 100 to 199 beds, each on 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
- 34,589S-3 line 14, col 15
- Inpatient days
- 37,011S-3 line 14, col 8
- Beds in use, on an average day
- 102.8days ÷ 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.
Type of control on its cost report: voluntary nonprofit, other.
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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 150161. 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 22, 2026.