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.

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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