Velarion Records

Psychiatric hospital · West Lafayette, Indiana · 16 beds · CMS certification number 154005

River Bend Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, settled, stamped by CMS May 7, 2026. 29 years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$3.2M
$3,156,302 · G-3 line 3
Operating expenses
$17.4M
$17,433,882 · G-3 line 4
Result from patient care
−$14.3M
−$14,277,580 · G-3 line 5
Margin on patient care
−452.4%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $5.2M in its first year on file (1997) to $3.2M in 2025.
  • Its result from patient care: −$14.0M (2023), −$22.8M (2024), −$14.3M (2025).
  • All 5 psychiatric hospital peers below with a margin on file also report a loss on patient care for fiscal year 2025.
  • Medicaid paid for 4.7% of its inpatient days and Medicare for 6.5%.
  • NORTH CENTRAL HEALTH SERVICES, INC. holds 100% of it, on its Medicare enrollment.

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

29 years of filings

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

Net patient revenueOperating expenses
1997
settled
$5.2M
$8.9M
1998
settled
$6.1M
$10.3M
1999
settled
$6.1M
$11.6M
2000
settled
$6.4M
$12.2M
2001
settled
$8.1M
$13.1M
2002
settled
$7.4M
$13.3M
2003
settled
$8.1M
$14.2M
2004
settled
$8.3M
$13.2M
2005
settled
$9.3M
$15.5M
2006
settled
$11.3M
$19.2M
2007
settled
$15.7M
$21.3M
2008
settled
$14.9M
$22.5M
2009
settled
$17.0M
$23.5M
2010
settled
$2.3M
$7.2M
2011
settled
$1.9M
$13.3M
2012
settled
$3.1M
$7.5M
2013
settled
$2.0M
$6.1M
2014
settled
$2.5M
$8.1M
2015
settled
$2.0M
$11.1M
2016
settled
$2.1M
$15.0M
2017
settled
$3.1M
$9.6M
2018
settled
$2.5M
$19.9M
2019
settled
$1.9M
$12.5M
2020
settled
$1.2M
$11.4M
2021
settled
$2.6M
$13.8M
2022
settled
$2.1M
$17.1M
2023
settled
$2.6M
$16.6M
2024
settled
$2.9M
$25.7M
2025
settled
$3.2M
$17.4M

Beside its peers

Psychiatric hospitals in Indiana with under 25 beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
River Bend Hospital16$3,156,302$17,433,882−452.4%
Otis R Bowen Center for Human Services, Pierceton20$115,567,214$126,088,993−9.1%
Brightwell Behavioral Health, Clarksville22$5,943,817$6,354,686−6.9%
Hamilton Center, Terre Haute16$36,066,624$55,287,902−53.3%
Incompass Healthcare, Lawrenceburg16$20,042,086$29,713,514−48.3%
Regional Mental Health Center, Merrillville16$20,656,028$46,563,321−125.4%

Patients and payers

Discharges
745
S-3 line 14, col 15
Inpatient days
3,651
S-3 line 14, col 8
Beds in use, on an average day
10.0
days ÷ days in year
Occupancy
62.5%
days ÷ bed days
Medicare share of days
6.5%
S-3 cols 6 ÷ 8
Medicaid share of days
4.7%
S-3 cols 7 ÷ 8

Who owns it

  • NORTH CENTRAL HEALTH SERVICES, INC.100%

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

Owners of 5% or more, from CMS’s hospital ownership file (Medicare enrollment, October 1, 2026).

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More psychiatric hospitals in Indiana

Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 154005. Patients and payers: worksheet S-3 Part I of the same filing. Ownership: CMS Hospital All Owners and Hospital Enrollments.

How this page was built: the CMS Medicare cost report, file HOSP10FY2025.ZIP, read May 7, 2026.