Velarion Records

Short-term acute care hospital · Carmel, Indiana · 6 beds · CMS certification number 150182

St. Francis Carmel

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2018, settled, stamped by CMS February 24, 2022. Six years on file, every one shown below.

Fiscal 2018 at a glance

Net patient revenue
$5.4M
$5,413,736 · G-3 line 3
Operating expenses
$6.4M
$6,375,184 · G-3 line 4
Result from patient care
−$961K
−$961,448 · G-3 line 5
Margin on patient care
−17.8%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $7.2M in its first year on file (2013) to $5.4M in 2018.
  • Its result from patient care: $166K (2016), −$1.5M (2017), −$961K (2018).
  • 1 of the 5 short-term acute care hospital peers below with a margin on file also reports a loss on patient care for fiscal year 2018.

Every statement is drawn from figures on this page; nothing is estimated.

Six years of filings

Net patient revenue against operating expenses, each year as filed.

Net patient revenueOperating expenses
2013
reopened
$7.2M
$15.0M
2014
reopened
$12.4M
$15.7M
2015
settled
$17.6M
$17.2M
2016
settled
$15.3M
$15.2M
2017
settled
$12.8M
$14.3M
2018
settled
$5.4M
$6.4M

Beside its peers

Hospitals of the same type (short-term acute care hospital), nearest in size, from Indiana first; each on fiscal year 2018.

HospitalBedsNet patient revenueOperating expensesMargin
St. Francis Carmel6$5,413,736$6,375,184−17.8%
Franciscan Health Crawfordsville, Crawfordsville29$58,519,665$52,895,6669.6%
Heart Hospital at Deaconess Gateway, Newburgh24$57,276,023$46,511,88918.8%
Physicians Medical Center, New Albany10$43,721,555$37,395,38514.5%
Pinnacle Hospital, Crown Point18$53,330,084$46,465,01912.9%
Northwest Health-Starke, Knox15$15,188,742$15,951,814−5.0%

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2018.ZIP, form CMS-2552-10, filed under CMS certification number 150182.

How this page was built: the CMS Medicare cost report, file HOSP10FY2018.ZIP, read February 24, 2022.