Critical access hospital · Elwood, Indiana · 18 beds · CMS certification number 151308
Ascension St. Vincent Mercy
Latest filing: fiscal year ended June 30, 2025, as submitted, stamped by CMS December 9, 2025. 24 years on file, all shown below. Also on the 340B covered-entity register.
Enrolled with Medicare by St. Vincent Madison County Health System.
Fiscal 2025 at a glance
What stands out
- Net patient revenue rose from $19.2M in its first year on file (2002) to $25.7M in 2025.
- Its result from patient care: $1.3M (2023), $28K (2024), −$1.4M (2025).
- 2 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 3.8% of its inpatient days and Medicare for 22.0%.
- ST VINCENT HEALTH INC holds 100% of it, on its Medicare enrollment.
24 years of filings
2002 settled margin −3.2% $19.2M $19.8M
2003 reopened margin −0.1% $22.0M $22.0M
2004 reopened margin −13.0% $23.0M $26.0M
2005 reopened margin 4.3% $26.3M $25.2M
2006 settled margin 3.6% $26.6M $25.7M
2007 reopened margin 1.6% $27.1M $26.7M
2008 reopened margin −3.5% $28.7M $29.7M
2009 settled margin 7.3% $28.6M $26.5M
2010 reopened margin −0.4% $26.1M $26.3M
2011 reopened margin −5.1% $25.3M $26.6M
2012 reopened margin 3.0% $25.2M $24.4M
2013 reopened margin 7.6% $24.9M $23.0M
2014 settled margin 7.8% $22.8M $21.0M
2015 settled margin 9.9% $24.3M $21.9M
2016 settled margin 9.3% $24.5M $22.3M
2017 settled margin 11.1% $26.3M $23.4M
2018 settled with audit margin 6.6% $24.6M $23.0M
2019 settled margin 8.9% $25.1M $22.9M
2020 settled margin 0.0% $22.3M $22.3M
2021 reopened margin 6.8% $23.4M $21.9M
2022 settled margin 3.4% $25.5M $24.6M
2023 settled margin 5.3% $25.4M $24.0M
2024 settled margin 0.1% $25.4M $25.4M
2025 as submitted margin −5.4% $25.7M $27.1M
Beside its peers
Critical access hospitals in Indiana with under 25 beds, fiscal year 2025.
Hospital Beds Net patient revenue Operating expenses Margin
Ascension St. Vincent Mercy 18 $25,706,791 $27,104,068 −5.4%
Ascension St. Vincent Jennings, North Vernon 17 $23,028,530 $20,733,957 10.0%
Community Hospital of Bremen, Bremen 24 $31,443,359 $29,771,277 5.3%
Iu Health Jay, Portland 19 $48,175,262 $48,913,323 −1.5%
Parkview Wabash Hospital, Wabash 18 $88,329,896 $72,563,168 17.8%
Norton Scott Hospital, Scottsburg 21 $19,564,527 $28,094,140 −43.6%
Patients and payers
- Discharges 243 S-3 line 14, col 15
- Inpatient days 1,100 S-3 line 14, col 8
- Beds in use, on an average day 3.0 days ÷ days in year
- Occupancy 16.7% days ÷ bed days
- Medicare share of days 22.0% S-3 cols 6 ÷ 8
- Medicaid share of days 3.8% S-3 cols 7 ÷ 8
Who owns it
- ST VINCENT HEALTH INC100%
Related organizations on its own cost report: ASCENSION SVH (100%), administration; ASCENSION HEALT (100%), administration.
Other hospitals with the same owner: Ascension St. Vincent Randolph (IN), Ascension St. Vincent Clay (IN), Ascension St. Vincent Salem (IN), Ascension St. Vincent Jennings (IN), Ascension St. Vincent Williamsport (IN), Ascension St. Vincent Hospital (IN), and 6 more.
Control: voluntary nonprofit, church.
Community benefit, as filed
From IRS Form 990 Schedule H, Part I, filed by ST VINCENT MADISON COUNTY HEALTH SYSTEM INC (employer identification number 350876389) for tax year 2022. The return lists this hospital as its one hospital facility.
| Figure | As filed | Where it comes from |
|---|---|---|
| Total community benefit expense (line 7k) | $5,115,491 | IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><NetCommunityBenefitExpnsAmt> |
| Financial assistance at cost (line 7a) | $452,718 | IRS Form 990 Schedule H, Part I, <FinancialAssistanceAtCostTyp><NetCommunityBenefitExpnsAmt> |
| Medicaid (line 7b) | $4,532,713 | IRS Form 990 Schedule H, Part I, <UnreimbursedMedicaidGrp><NetCommunityBenefitExpnsAmt> |
| Financial assistance and means-tested government programs (line 7d) | $4,985,431 | IRS Form 990 Schedule H, Part I, <TotalFinancialAssistanceTyp><NetCommunityBenefitExpnsAmt> |
| Other benefits (line 7j) | $130,060 | IRS Form 990 Schedule H, Part I, <TotalOtherBenefitsGrp><NetCommunityBenefitExpnsAmt> |
| Total, fraction of total expense (line 7k, column f) | 0.2128 | IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><TotalExpensePct> |
E-file object id 202421319349304802. The IRS archive it was read from.
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More critical access hospitals in Indiana
File HOSP10FY2024.ZIP, form CMS-2552-10, CMS certification number 151308. 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 HOSP10FY2024.ZIP, read December 9, 2025.
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