Velarion Records

Short-term acute care hospital · Laporte, Indiana · CMS certification number 150191

Franciscan Beacon Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended February 29, 2024, settled, stamped by CMS November 6, 2024. Four years on file, every one shown below.

Fiscal 2024 at a glance

Net patient revenue
$999K
$999,380 · G-3 line 3
Operating expenses
$2.3M
$2,289,254 · G-3 line 4
Result from patient care
−$1.3M
−$1,289,874 · G-3 line 5
Margin on patient care
−129.1%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $4.5M in its first year on file (2021) to $999K in 2024.
  • Its result from patient care: −$3.4M (2022), −$2.4M (2023), −$1.3M (2024).

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

Four years of filings

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

Net patient revenueOperating expenses
2021
settled
$4.5M
$7.8M
2022
settled
$7.7M
$11.1M
2023
settled
$8.8M
$11.3M
2024
settled
$999K
$2.3M

Who owns it

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

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2024.ZIP, form CMS-2552-10, filed under CMS certification number 150191. Patients and payers: worksheet S-3 Part I of the same filing.

How this page was built: the CMS Medicare cost report, file HOSP10FY2024.ZIP, read November 6, 2024.