Velarion Records

Psychiatric hospital · Anderson, Indiana · 22 beds · CMS certification number 154062

Assurance Health

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2017, settled, stamped by CMS March 20, 2019. Three years on file, every one shown below.

Fiscal 2017 at a glance

Net patient revenue
$7.2M
$7,214,521 · G-3 line 3
Operating expenses
$6.3M
$6,317,675 · G-3 line 4
Result from patient care
$897K
$896,846 · G-3 line 5
Margin on patient care
12.4%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $5.1M in its first year on file (2015) to $7.2M in 2017.
  • Its result from patient care: −$892K (2015), −$134K (2016), $897K (2017).
  • 1 of the 5 psychiatric hospital peers below with a margin on file also reports a gain on patient care for fiscal year 2017.

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

Three years of filings

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

Net patient revenueOperating expenses
2015
settled
$5.1M
$6.0M
2016
settled
$7.0M
$7.1M
2017
settled
$7.2M
$6.3M

Beside its peers

Psychiatric hospitals in Indiana with under 25 beds, each on fiscal year 2017.

HospitalBedsNet patient revenueOperating expensesMargin
Assurance Health22$7,214,521$6,317,67512.4%
Assurance Health Indianapolis, Indianapolis23$7,313,254$6,362,35113.0%
Incompass Healthcare, Lawrenceburg16$11,528,533$17,404,202−51.0%
Hamilton Center, Terre Haute16$21,568,824$36,601,386−69.7%
River Bend Hospital, West Lafayette16$3,114,825$9,565,444−207.1%
Otis R Bowen Center for Human Services, Warsaw16$46,844,711$53,900,489−15.1%

Follow this hospital, free

We send this record now and tell you when it files again.

More psychiatric hospitals in Indiana

From the publisher of Velarion Records

Velarion Intel

Independent Decision-Grade Intelligence

Compensation and corporate governance intelligence for advisors, investors and companies. Executive and board pay for public companies, benchmarked against peers.

See what Intel shows

Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2017.ZIP, form CMS-2552-10, filed under CMS certification number 154062.

How this page was built: the CMS Medicare cost report, file HOSP10FY2017.ZIP, read March 20, 2019.