Velarion Records

Short-term acute care hospital · Crown Point, Indiana · 18 beds · CMS certification number 150166

Pinnacle Hospital

Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS June 16, 2026. Nineteen years on file, all shown below.

Enrolled with Medicare by Pinnacle Healthcare.

Fiscal 2025 at a glance

Net patient revenue $39.7M $39,727,390 · G-3 line 3
Operating expenses $43.9M $43,883,635 · G-3 line 4
Result from patient care −$4.2M −$4,156,245 · G-3 line 5
Margin on patient care −10.5% line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $11.9M in its first year on file (2007) to $39.7M in 2025.
  • Its result from patient care: −$2.5M (2023), −$4.0M (2024), −$4.2M (2025).
  • 2 of the 5 short-term acute care hospital peers below with a margin on file also report a loss on patient care for fiscal year 2025.
  • Medicaid paid for 1.8% of its inpatient days and Medicare for 43.1%.

How these statements are drawn

Nineteen years of filings

Net patient revenueOperating expenses

2007 settled margin 0.7% $11.9M $11.9M

2008 settled margin −18.7% $19.1M $22.7M

2009 reopened margin −31.6% $12.7M $16.7M

2010 reopened margin 9.3% $22.6M $20.5M

2011 reopened margin 10.4% $28.2M $25.3M

2012 reopened margin −3.1% $27.0M $27.8M

2013 reopened margin 3.4% $30.2M $29.2M

2014 settled margin −0.3% $25.9M $26.0M

2015 settled margin 2.2% $32.3M $31.6M

2016 settled margin 17.5% $45.9M $37.9M

2017 settled margin 11.1% $55.9M $49.7M

2018 settled margin 12.9% $53.3M $46.5M

2019 settled margin 12.7% $55.7M $48.7M

2020 settled margin 4.5% $49.2M $47.0M

2021 settled margin 3.9% $54.7M $52.5M

2022 settled margin 1.8% $57.3M $56.3M

2023 settled margin −4.8% $51.3M $53.7M

2024 settled margin −10.0% $39.7M $43.7M

2025 as submitted margin −10.5% $39.7M $43.9M

Beside its peers

Nearest in size, Indiana first, fiscal year 2025.

Hospital Beds Net patient revenue Operating expenses Margin

Pinnacle Hospital 18 $39,727,390 $43,883,635 −10.5%

Franciscan Health Crawfordsville, Crawfordsville 29 $60,665,563 $60,430,228 0.4%

Physicians Medical Center, New Albany 10 $59,937,925 $51,956,000 13.3%

Northwest Health-Starke, Knox 14 $17,897,743 $19,803,013 −10.7%

Uchicago Medicine Northwest Indiana, Crown Point 8 $31,695,095 $46,254,225 −45.9%

Unity Physicians Hospital, Mishawaka 29 $116,387,161 $114,322,907 1.8%

Patients and payers

  • Discharges 482 S-3 line 14, col 15
  • Inpatient days 1,118 S-3 line 14, col 8
  • Beds in use, on an average day 3.1 days ÷ days in year
  • Occupancy 17.0% days ÷ bed days
  • Medicare share of days 43.1% S-3 cols 6 ÷ 8
  • Medicaid share of days 1.8% S-3 cols 7 ÷ 8

Who owns it

Indirect owners: BRENT A JACOBUS; ERIC J LEESTMA; LONNIE R AILES; PINNACLE HEALTHCARE LLC; RAMESH P KANURU; WILLIAM PIERCE

Related organizations on its own cost report: MRA (100%), health care.

Control: proprietary, partnership.

Follow Pinnacle Hospital, free

More short-term acute care hospitals in Indiana

File HOSP10FY2025.ZIP, form CMS-2552-10, CMS certification number 150166. Owners of 5% or more: CMS Hospital All Owners and Hospital Enrollments, Medicare enrollment October 1, 2026.

How this page was built: the CMS Medicare cost report, file HOSP10FY2025.ZIP, read June 16, 2026.

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