Velarion Records

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

Larned State Hospital

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

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%.

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

26 years of filings

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

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.

HospitalBedsNet patient revenueOperating expensesMargin
Larned State Hospital90$117,807,658$127,868,929−8.5%
Anew Health, Shawnee20$4,623,571$6,102,157−32.0%
Corterra of Wichita, Wichita24$4,108,470$5,447,052−32.6%
Cottonwood Springs, Olathe96$33,568,592$32,271,2233.9%
Adair Acute Care at Osawatomie State Hospital, Osawatomie60$1,261,450$68,185,346−5305.3%
St. Veronica, Bel Aire20$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.

Follow this hospital, free

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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. Patients and payers: worksheet S-3 Part I of the same filing.

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