Velarion Records

Critical access hospital · Greencastle, Indiana · 25 beds · CMS certification number 151333

Putnam County Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS June 5, 2026. Twenty years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue
$62.6M
$62,567,146 · G-3 line 3
Operating expenses
$72.3M
$72,260,067 · G-3 line 4
Result from patient care
−$9.7M
−$9,692,921 · G-3 line 5
Margin on patient care
−15.5%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $29.5M in its first year on file (2006) to $62.6M in 2025.
  • Its result from patient care: −$16.9M (2023), −$14.2M (2024), −$9.7M (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 8.2% of its inpatient days and Medicare for 60.3%.

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

Twenty years of filings

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

Net patient revenueOperating expenses
2006
settled
$29.5M
$29.0M
2007
settled
$31.5M
$32.6M
2008
settled
$33.7M
$34.3M
2009
settled with audit
$31.7M
$32.9M
2010
settled
$28.9M
$31.8M
2011
settled
$30.3M
$32.8M
2012
reopened
$30.6M
$32.4M
2013
settled
$28.6M
$32.1M
2014
settled
$30.7M
$34.3M
2015
settled
$31.1M
$34.6M
2016
settled
$35.0M
$39.2M
2017
settled
$39.3M
$41.6M
2018
reopened
$41.2M
$44.8M
2019
reopened
$43.2M
$50.3M
2020
reopened
$35.0M
$51.9M
2021
reopened
$48.0M
$61.4M
2022
settled
$50.2M
$67.2M
2023
settled
$53.9M
$70.7M
2024
as submitted
$55.6M
$69.8M
2025
as submitted
$62.6M
$72.3M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
Putnam County Hospital25$62,567,146$72,260,067−15.5%
Ascension St. Vincent Clay, Brazil25$20,126,211$20,052,3340.4%
Ascension St. Vincent Randolph, Winchester25$29,173,829$26,838,9588.0%
Iu Health Tipton Hospital, Tipton25$44,930,552$46,209,475−2.9%
Pulaski Memorial Hospital, Winamac25$45,949,572$50,497,243−9.9%
Rush Memorial Hospital, Rushville25$61,229,694$63,356,528−3.5%

Patients and payers

Discharges
340
S-3 line 14, col 15
Inpatient days
1,072
S-3 line 14, col 8
Beds in use, on an average day
2.9
days ÷ days in year
Occupancy
11.8%
days ÷ bed days
Medicare share of days
60.3%
S-3 cols 6 ÷ 8
Medicaid share of days
8.2%
S-3 cols 7 ÷ 8

Who owns it

Type of control on its cost report: governmental, county.

Follow this hospital, free

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More critical access hospitals in Indiana

Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 151333. 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 June 5, 2026.