Velarion Records

Long-term care hospital · Indianapolis, Indiana · 72 beds · CMS certification number 152020

Ascension St. Vincent Seton Specialty Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2025, settled, stamped by CMS June 22, 2026. 23 years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$21.8M
$21,765,299 · G-3 line 3
Operating expenses
$19.1M
$19,053,085 · G-3 line 4
Result from patient care
$2.7M
$2,712,214 · G-3 line 5
Margin on patient care
12.5%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $3.0M in its first year on file (2003) to $21.8M in 2025.
  • Its result from patient care: $1.5M (2023), $2.7M (2024), $2.7M (2025).
  • 2 of the 5 long-term care hospital peers below with a margin on file also report a gain on patient care for fiscal year 2025.

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

23 years of filings

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

Net patient revenueOperating expenses
2003
settled
$3.0M
$3.4M
2004
settled
$11.8M
$9.8M
2005
settled
$15.6M
$12.8M
2006
settled
$16.5M
$12.9M
2007
settled
$19.1M
$16.2M
2008
reopened
$40.4M
$37.7M
2009
settled
$42.2M
$40.0M
2010
settled
$47.5M
$40.3M
2011
settled
$45.4M
$39.9M
2012
settled
$47.4M
$39.2M
2013
settled
$45.4M
$38.4M
2014
settled
$48.3M
$36.9M
2015
settled
$46.6M
$38.1M
2016
settled
$46.5M
$36.8M
2017
settled
$40.8M
$35.1M
2018
settled
$33.6M
$34.7M
2019
settled
$31.6M
$28.2M
2020
settled
$29.4M
$27.4M
2021
settled
$33.3M
$25.5M
2022
settled
$26.5M
$25.8M
2023
settled
$19.9M
$18.4M
2024
settled
$21.3M
$18.5M
2025
settled
$21.8M
$19.1M

Beside its peers

Hospitals of the same type (long-term care hospital), nearest in size, from Indiana first; each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Ascension St. Vincent Seton Specialty Hospital72$21,765,299$19,053,08512.5%
Central Indiana-AMG Specialty Hospital, Muncie41$24,754,002$20,784,28316.0%
Kindred Hospital - Indianapolis, Indianapolis59$16,440,469$18,466,518−12.3%
Kindred Hospital Indianapolis North, Indianapolis45$13,583,952$17,834,165−31.3%
Regency Hospital of Northwest Indiana, East Chicago61$29,657,188$24,860,18916.2%
Select Specialty Hospital Evansville, Evansville60$25,163,148$27,243,032−8.3%

Patients and payers

Discharges
200
S-3 line 14, col 15
Inpatient days
7,626
S-3 line 14, col 8
Beds in use, on an average day
21.0
days ÷ days in year
Occupancy
29.0%
days ÷ bed days
Medicare share of days
29.9%
S-3 cols 6 ÷ 8

Who owns it

Related organizations on its own cost report: ST VINCENT HEAL (100%); ASCENSION (100%).

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

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2024.ZIP, form CMS-2552-10, filed under CMS certification number 152020. Patients and payers: worksheet S-3 Part I of the same filing.

How this page was built: the CMS Medicare cost report, file HOSP10FY2024.ZIP, read June 22, 2026.