Velarion Records

Long-term care hospital · Muncie, Indiana · 41 beds · CMS certification number 152025

Central Indiana-AMG Specialty Hospital

Latest filing: fiscal year ended August 31, 2025, as submitted, stamped by CMS February 9, 2026. Twenty years on file, all shown below.

Fiscal 2025 at a glance

Net patient revenue $24.8M $24,754,002 · G-3 line 3
Operating expenses $20.8M $20,784,283 · G-3 line 4
Result from patient care $4.0M $3,969,719 · G-3 line 5
Margin on patient care 16.0% line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $1.5M in its first year on file (2006) to $24.8M in 2025.
  • From fiscal year 2024 to fiscal year 2025 its net patient revenue rose 15.9%.
  • Its result from patient care: $5.4M (2023), $2.4M (2024), $4.0M (2025).
  • 1 of the 5 long-term care hospital peers below with a margin on file also reports a gain on patient care for fiscal year 2025.
  • Medicaid paid for 0.1% of its inpatient days and Medicare for 39.9%.
  • AMG 2 0 HOLDCO INC holds 100% of it, on its Medicare enrollment.
  • In its fiscal 2025 filing, its $24.8M net patient revenue sits at the 100th percentile of 10 hospitals in IN, same facility class, 25 to 49 beds.

How these statements are drawn

Twenty years of filings

Net patient revenueOperating expenses

2006 settled margin −223.3% $1.5M $4.7M

2007 reopened margin −42.3% $5.3M $7.5M

2008 reopened margin −5.9% $8.6M $9.1M

2009 settled margin −21.4% $6.0M $7.3M

2010 settled margin −11.5% $7.3M $8.2M

2011 settled margin 2.7% $9.8M $9.5M

2012 settled margin −18.2% $1.8M $2.1M

2013 settled margin 15.0% $11.7M $9.9M

2014 settled margin 15.2% $13.7M $11.6M

2015 settled margin 8.6% $16.8M $15.4M

2016 settled margin 1.0% $14.6M $14.4M

2017 settled margin −3.3% $14.8M $15.3M

2018 settled margin 1.2% $13.2M $13.1M

2019 settled margin 2.4% $13.0M $12.7M

2020 settled margin 5.8% $15.9M $15.0M

2021 settled margin 17.2% $19.6M $16.3M

2022 settled margin 19.0% $22.6M $18.3M

2023 settled margin 21.9% $24.7M $19.3M

2024 settled margin 11.3% $21.4M $19.0M

2025 as submitted margin 16.0% $24.8M $20.8M

Beside its peers

Nearest in size, Indiana first, fiscal year 2025.

Hospital Beds Net patient revenue Operating expenses Margin

Central Indiana-AMG Specialty Hospital 41 $24,754,002 $20,784,283 16.0%

Kindred Hospital - Indianapolis, Indianapolis 59 $16,440,469 $18,466,518 −12.3%

Kindred Hospital Indianapolis North, Indianapolis 45 $13,583,952 $17,834,165 −31.3%

NW Indiana-AMG Specialty Hospital, Crown Point 18 $12,117,134 $12,442,301 −2.7%

Regency Hospital of Northwest Indiana, East Chicago 61 $29,657,188 $24,860,189 16.2%

Select Specialty Hospital Evansville, Evansville 60 $25,163,148 $27,243,032 −8.3%

Patients and payers

  • Discharges 394 S-3 line 14, col 15
  • Inpatient days 10,331 S-3 line 14, col 8
  • Beds in use, on an average day 28.4 days ÷ days in year
  • Occupancy 69.0% days ÷ bed days
  • Medicare share of days 39.9% S-3 cols 6 ÷ 8
  • Medicaid share of days 0.1% S-3 cols 7 ÷ 8

Who owns it

  • AMG 2 0 HOLDCO INC100%
  • AMG 2 0 LLC100%
  • AMG EMPLOYEE STOCK OWNERSHIP PLAN100%

Related organizations on its own cost report: ACADIANA MANAGEMENT GROUP, management company.

Other hospitals with the same owner: Lafayette-AMG Specialty Hospital (LA), Houma-AMG Specialty Hospital (LA), Zachary - AMG Specialty Hospital (LA), Lafayette-AMG Physical Rehabilitation Hospital (LA), Covington - AMG Physical Rehabilitation Hospital (LA), Las Vegas - AMG Specialty Hospital (NV), and 2 more.

Control: proprietary, corporation.

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More long-term care hospitals in Indiana

File HOSP10FY2024.ZIP, form CMS-2552-10, CMS certification number 152025. 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 February 9, 2026.

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