Critical access hospital · Rensselaer, Indiana · 25 beds · CMS certification number 151324
Franciscan Health Rensselaer
Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS June 11, 2026. 21 years on file, all shown below. Also on the 340B covered-entity register.
Fiscal 2025 at a glance
What stands out
- Net patient revenue rose from $26.5M in its first year on file (2005) to $37.5M in 2025.
- Its result from patient care: −$265K (2023), $1.5M (2024), −$5.3M (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 4.3% of its inpatient days and Medicare for 46.7%.
- FRANCISCAN ALLIANCE INC holds 100% of it, on its Medicare enrollment.
21 years of filings
2005 settled margin 3.6% $26.5M $25.6M
2006 settled margin −4.7% $28.7M $30.1M
2007 settled margin −10.2% $28.5M $31.4M
2008 settled margin −10.8% $30.2M $33.5M
2009 settled with audit margin −20.1% $28.7M $34.5M
2010 reopened margin −24.0% $28.1M $34.9M
2011 reopened margin −25.7% $28.1M $35.4M
2012 reopened margin −2.2% $36.5M $37.3M
2013 reopened margin −5.4% $36.4M $38.4M
2014 settled with audit margin −16.9% $31.4M $36.7M
2015 settled margin −23.6% $10.2M $12.6M
2016 settled with audit margin −22.6% $31.7M $38.9M
2017 settled margin −27.1% $31.2M $39.7M
2018 reopened margin −28.2% $28.0M $35.9M
2019 reopened margin −13.7% $32.3M $36.8M
2020 settled margin −11.6% $31.6M $35.2M
2021 settled margin −6.6% $33.7M $35.9M
2022 settled margin −19.9% $31.5M $37.7M
2023 settled margin −0.7% $37.5M $37.8M
2024 settled margin 3.8% $40.9M $39.3M
2025 as submitted margin −14.2% $37.5M $42.8M
Beside its peers
Critical access hospitals in Indiana with 25 to 49 beds, fiscal year 2025.
Hospital Beds Net patient revenue Operating expenses Margin
Franciscan Health Rensselaer 25 $37,460,299 $42,787,274 −14.2%
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%
Pulaski Memorial Hospital, Winamac 25 $45,949,572 $50,497,243 −9.9%
Rush Memorial Hospital, Rushville 25 $61,229,694 $63,356,528 −3.5%
Patients and payers
- Discharges 327 S-3 line 14, col 15
- Inpatient days 1,397 S-3 line 14, col 8
- Beds in use, on an average day 3.8 days ÷ days in year
- Occupancy 15.3% days ÷ bed days
- Medicare share of days 46.7% S-3 cols 6 ÷ 8
- Medicaid share of days 4.3% S-3 cols 7 ÷ 8
Who owns it
- FRANCISCAN ALLIANCE INC100%
Related organizations on its own cost report: FRANCISCAN ALLI (100%).
Other hospitals with the same owner: Franciscan Health Indianapolis (IN), Franciscan Health Crown Point (IN), Franciscan Health Lafayette (IN), Franciscan Health Michigan City (IN), Franciscan Health Dyer (IN), Franciscan Health Mooresville (IN), and 2 more.
Control: voluntary nonprofit, church.
Community benefit, as filed
From IRS Form 990 Schedule H, Part I, filed by FRANCISCAN HEALTH RENSSELAER INC (employer identification number 473825106) for tax year 2023. The return lists this hospital as its one hospital facility.
| Figure | As filed | Where it comes from |
|---|---|---|
| Total community benefit expense (line 7k) | $3,345,265 | IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><NetCommunityBenefitExpnsAmt> |
| Financial assistance at cost (line 7a) | $888,219 | IRS Form 990 Schedule H, Part I, <FinancialAssistanceAtCostTyp><NetCommunityBenefitExpnsAmt> |
| Medicaid (line 7b) | $2,367,810 | IRS Form 990 Schedule H, Part I, <UnreimbursedMedicaidGrp><NetCommunityBenefitExpnsAmt> |
| Financial assistance and means-tested government programs (line 7d) | $3,256,029 | IRS Form 990 Schedule H, Part I, <TotalFinancialAssistanceTyp><NetCommunityBenefitExpnsAmt> |
| Other benefits (line 7j) | $89,236 | IRS Form 990 Schedule H, Part I, <TotalOtherBenefitsGrp><NetCommunityBenefitExpnsAmt> |
| Total, fraction of total expense (line 7k, column f) | 0.0886 | IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><TotalExpensePct> |
E-file object id 202433209349324023. The IRS archive it was read from.
Executive and director compensation, as filed
From IRS Form 990 Part VII, Section A, filed by FRANCISCAN HEALTH RENSSELAER INC (employer identification number 473825106) for tax year 2023. The return lists this hospital as its one hospital facility.
| Name | Title | Role | Reportable comp, from this organization | Reportable comp, from related organizations | Other compensation |
|---|---|---|---|---|---|
| AGNES THERADY | SENIOR VICE PRESIDENT CNO | Officer | $0 | $488,074 | $34,784 |
| AMY J SIGNMAN | REGISTERED NURSE | Highest-compensated employee | $130,265 | $0 | $15,755 |
| CHRISTOPHER AYLMER | IMAGING TECHNOLOGIST | Highest-compensated employee | $123,039 | $0 | $17,366 |
| KARI L GOODMAN | DIRECTOR PATIENT CARE SERVICES | Highest-compensated employee | $143,696 | $0 | $25,213 |
| KEVIN D LEAHY | PRESIDENT & TRUSTEE | Trustee/director, Officer | $0 | $2,467,456 | $197,552 |
| SHANNON LEIGH FINCHUM | REGISTERED NURSE | Highest-compensated employee | $120,102 | $0 | $7,203 |
| SISTER JANE MARIE KLEIN | CHAIR & TRUSTEE (THRU 08/23) | Trustee/director | $0 | $0 | $0 |
| SISTER LETHIA MARIE LEVEILLE | SECRETARY & TRUSTEE | Trustee/director, Officer | $0 | $0 | $0 |
| SISTER M ALINE SHULTZ | CHAIR & TRUSTEE (AS OF 08/23) | Trustee/director | $0 | $0 | $0 |
| SISTER M ANN KATHLEEN MAGIERA | TREASURER & TRUSTEE | Trustee/director, Officer | $0 | $0 | $0 |
| SISTER M MADONNA ROUGEAU | TRUSTEE | Trustee/director | $0 | $0 | $0 |
| SUSAN L HOOKER | MANAGER PHARMACY SERVICES | Highest-compensated employee | $144,163 | $0 | $24,946 |
| TERRANCE WILSON | FACILITY CEO/PRES OF HOSP DIV | Officer | $0 | $836,601 | $586,856 |
E-file object id 202433209349324023. The IRS archive it was read from.
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More critical access hospitals in Indiana
File HOSP10FY2025.ZIP, form CMS-2552-10, CMS certification number 151324. 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 HOSP10FY2025.ZIP, read June 11, 2026.
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