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Short-term acute care hospital · Carmel, Indiana · 20 beds · CMS certification number 150193

Franciscan Health Orthopedic Carmel

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended January 31, 2026, as submitted, stamped by CMS July 14, 2026. Four years on file, every one shown below.

Fiscal 2026 at a glance

Net patient revenue
$44.0M
$43,970,124 · G-3 line 3
Operating expenses
$62.3M
$62,256,189 · G-3 line 4
Result from patient care
−$18.3M
−$18,286,065 · G-3 line 5
Margin on patient care
−41.6%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $36.7M in its first year on file (2022) to $44.0M in 2026.
  • Its result from patient care: −$23.1M (2023), −$18.6M (2024), −$18.3M (2026).
  • 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 2026.
  • Medicaid paid for 2.1% of its inpatient days and Medicare for 40.1%.

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
2022
settled
$36.7M
$39.0M
2023
as submitted
$24.0M
$47.2M
2024
as submitted
$35.3M
$53.9M
2026
as submitted
$44.0M
$62.3M

Beside its peers

Hospitals of the same type (short-term acute care hospital), nearest in size, from Indiana first; each on fiscal year 2026.

HospitalBedsNet patient revenueOperating expensesMargin
Franciscan Health Orthopedic Carmel20$43,970,124$62,256,189−41.6%
Dupont Hospital, Fort Wayne108$244,020,274$195,893,08319.7%
East Valley Er & Hospital, Gilbert (AZ)14$28,764,757$21,179,23026.4%
Hillcrest Hospital Pryor, Pryor (OK)21$36,883,973$33,634,9688.8%
Lutheran Kosciusko Hospital, Warsaw72$107,415,395$88,069,65618.0%
Medical Arts Hospital, Lamesa (TX)21$16,829,346$23,675,383−40.7%

Patients and payers

Discharges
318
S-3 line 14, col 15
Inpatient days
569
S-3 line 14, col 8
Beds in use, on an average day
1.4
days ÷ days in year
Occupancy
7.2%
days ÷ bed days
Medicare share of days
40.1%
S-3 cols 6 ÷ 8
Medicaid share of days
2.1%
S-3 cols 7 ÷ 8

Who owns it

Related organizations on its own cost report: HOME OFFICE (100%), health system; FH CENTRAL INDY (100%), hospital.

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

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 150193. 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 July 14, 2026.