Velarion Records

Psychiatric hospital · Larned, Kansas · 90 beds · CMS certification number 174006

Larned State Hospital

Latest filing: fiscal year ended June 30, 2025, settled, stamped by CMS September 9, 2026. 26 years on file, every one shown below.

Enrolled with Medicare by State of Kansas-Accounting Services.

Fiscal 2025 at a glance

Net patient revenue $117.8M $117,807,658 · G-3 line 3
Operating expenses $127.9M $127,868,929 · G-3 line 4
Result from patient care −$10.1M −$10,061,271 · G-3 line 5
Margin on patient care −8.5% line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $4.9M in its first year on file (1997) to $117.8M in 2025.
  • Its result from patient care: −$93.7M (2023), −$108.2M (2024), −$10.1M (2025).
  • 4 of the 5 psychiatric hospital peers below with a margin on file also report a loss on patient care for fiscal year 2025.
  • Medicaid paid for 7.6% of its inpatient days and Medicare for 7.0%.

How these statements are drawn

26 years of filings

Net patient revenueOperating expenses

1997 settled $4.9M $28.1M

1999 settled $7.5M $30.3M

2002 settled $6.9M $30.6M

2003 settled $6.8M $31.6M

2004 settled $5.7M $35.2M

2005 settled $6.6M $40.4M

2006 settled $3.2M $45.0M

2007 settled $2.0M $51.0M

2008 reopened $4.7M $53.9M

2009 settled $5.4M $53.9M

2010 settled $4.8M $56.3M

2011 settled $58.1M $57.2M

2012 settled $5.8M $57.8M

2013 settled $6.7M $58.5M

2014 settled $4.9M $56.8M

2015 settled $2.3M $56.5M

2016 settled $2.8M $54.2M

2017 settled $3.2M $65.9M

2018 settled $3.3M $64.7M

2019 settled $3.6M $66.7M

2020 settled $4.7M $70.4M

2021 settled $4.0M $73.6M

2022 settled $4.3M $88.6M

2023 settled $15.0M $108.7M

2024 settled $4.2M $112.4M

2025 settled $117.8M $127.9M

Beside its peers

Hospitals of the same type (psychiatric hospital), nearest in size, from Kansas first; each on fiscal year 2025.

Hospital Beds Net patient revenue Operating expenses Margin

Larned State Hospital 90 $117,807,658 $127,868,929 −8.5%

Anew Health, Shawnee 20 $4,623,571 $6,102,157 −32.0%

Corterra of Wichita, Wichita 24 $4,108,470 $5,447,052 −32.6%

Cottonwood Springs, Olathe 96 $33,568,592 $32,271,223 3.9%

Adair Acute Care at Osawatomie State Hospital, Osawatomie 60 $1,261,450 $68,185,346 −5305.3%

St. Veronica, Bel Aire 20 $28,673,317 $30,633,653 −6.8%

Patients and payers

  • Discharges 458 S-3 line 14, col 15
  • Inpatient days 24,093 S-3 line 14, col 8
  • Beds in use, on an average day 66.2 days ÷ days in year
  • Occupancy 80.2% days ÷ bed days
  • Medicare share of days 7.0% S-3 cols 6 ÷ 8
  • Medicaid share of days 7.6% S-3 cols 7 ÷ 8

Who owns it

Related organizations on its own cost report: KANSAS DEPT OF ADMINISTRA, state administration; SRS, state administration; SRS-MHDD, state administration; SRS-MHDD, state administration.

Type of control on its cost report: governmental, state.

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More psychiatric hospitals in Kansas

Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2024.ZIP, form CMS-2552-10, filed under CMS certification number 174006.

How this page was built: the CMS Medicare cost report, file HOSP10FY2024.ZIP, read September 9, 2026.

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