Velarion Records

Critical access hospital · Winamac, Indiana · 25 beds · CMS certification number 151305

Pulaski Memorial Hospital

Latest filing: fiscal year ended September 30, 2025, as submitted, stamped by CMS March 4, 2026. 25 years on file, all shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue $45.9M $45,949,572 · G-3 line 3
Operating expenses $50.5M $50,497,243 · G-3 line 4
Result from patient care −$4.5M −$4,547,671 · G-3 line 5
Margin on patient care −9.9% line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $12.6M in its first year on file (2001) to $45.9M in 2025.
  • Its result from patient care: −$4.7M (2023), −$4.3M (2024), −$4.5M (2025).
  • 3 of the 5 critical access hospital peers below with a margin on file also report a loss on patient care for fiscal year 2025.
  • Medicaid paid for 0.6% of its inpatient days and Medicare for 42.3%.

How these statements are drawn

25 years of filings

Net patient revenueOperating expenses

2001 reopened margin −6.7% $12.6M $13.4M

2002 reopened margin −4.8% $13.6M $14.2M

2003 reopened margin −12.2% $13.8M $15.5M

2004 reopened margin −9.1% $16.3M $17.8M

2005 settled margin −11.6% $16.8M $18.8M

2006 reopened margin −6.6% $18.3M $19.5M

2007 settled margin −5.9% $19.0M $20.1M

2008 settled margin −3.2% $19.4M $20.0M

2009 reopened margin 2.4% $20.2M $19.7M

2010 settled margin −13.0% $17.1M $19.3M

2011 settled margin −1.9% $18.6M $18.9M

2012 settled margin 0.2% $20.4M $20.4M

2013 settled margin −9.2% $19.5M $21.3M

2014 reopened margin −7.8% $24.5M $26.4M

2015 settled with audit margin −2.4% $28.9M $29.6M

2016 settled margin 3.5% $32.7M $31.6M

2017 settled margin −4.0% $32.2M $33.5M

2018 settled margin −5.0% $32.9M $34.5M

2019 reopened margin −1.7% $35.3M $35.9M

2020 settled margin −28.3% $28.6M $36.8M

2021 settled margin −16.7% $33.2M $38.8M

2022 settled margin −15.0% $33.6M $38.6M

2023 settled margin −12.3% $37.8M $42.5M

2024 settled margin −10.7% $40.4M $44.7M

2025 as submitted margin −9.9% $45.9M $50.5M

Beside its peers

Critical access hospitals in Indiana with 25 to 49 beds, fiscal year 2025.

Hospital Beds Net patient revenue Operating expenses Margin

Pulaski Memorial Hospital 25 $45,949,572 $50,497,243 −9.9%

Ascension St. Vincent Clay, Brazil 25 $20,126,211 $20,052,334 0.4%

Ascension St. Vincent Randolph, Winchester 25 $29,173,829 $26,838,958 8.0%

Iu Health Tipton Hospital, Tipton 25 $44,930,552 $46,209,475 −2.9%

Rush Memorial Hospital, Rushville 25 $61,229,694 $63,356,528 −3.5%

Woodlawn Hospital, Rochester 25 $58,246,346 $68,967,769 −18.4%

Patients and payers

  • Discharges 251 S-3 line 14, col 15
  • Inpatient days 1,262 S-3 line 14, col 8
  • Beds in use, on an average day 3.5 days ÷ days in year
  • Occupancy 13.8% days ÷ bed days
  • Medicare share of days 42.3% S-3 cols 6 ÷ 8
  • Medicaid share of days 0.6% S-3 cols 7 ÷ 8

Who owns it

Control: governmental, other.

Follow Pulaski Memorial Hospital, free

More critical access hospitals in Indiana

File HOSP10FY2025.ZIP, form CMS-2552-10, CMS certification number 151305.

How this page was built: the CMS Medicare cost report, file HOSP10FY2025.ZIP, read March 4, 2026.

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