Velarion Records

Short-term acute care hospital · Indiana, Pennsylvania · 166 beds · CMS certification number 390173

Indiana Regional Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2026, as submitted, stamped by CMS August 10, 2026. 30 years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2026 at a glance

Net patient revenue
$252.0M
$252,030,171 · G-3 line 3
Operating expenses
$256.0M
$255,985,138 · G-3 line 4
Result from patient care
−$4.0M
−$3,954,967 · G-3 line 5
Margin on patient care
−1.6%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $51.8M in its first year on file (1997) to $252.0M in 2026.
  • Its result from patient care: −$7.9M (2024), −$4.1M (2025), −$4.0M (2026).
  • 2 of the 5 short-term acute care hospital peers below with a margin on file also report a loss on patient care for fiscal year 2026.
  • PENNSYLVANIA MOUNTAINS CARE NETWORK holds 100% of it, on its Medicare enrollment.

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

30 years of filings

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

Net patient revenueOperating expenses
1997
reopened
$51.8M
$50.7M
1998
settled
$53.4M
$51.9M
1999
reopened
$53.8M
$54.4M
2000
settled
$54.2M
$56.4M
2001
settled
$59.5M
$60.0M
2002
settled
$65.6M
$66.8M
2003
reopened
$70.4M
$76.0M
2004
settled
$77.6M
$82.6M
2005
settled with audit
$86.9M
$87.2M
2006
settled
$95.4M
$96.6M
2007
settled
$104.9M
$106.6M
2008
reopened
$112.6M
$118.2M
2009
reopened
$120.9M
$129.4M
2010
reopened
$125.7M
$129.8M
2011
reopened
$126.6M
$133.5M
2012
reopened
$130.4M
$131.8M
2013
settled
$132.6M
$136.1M
2014
reopened
$139.0M
$144.7M
2015
settled with audit
$139.7M
$142.1M
2016
settled with audit
$140.2M
$143.3M
2017
settled
$153.8M
$152.2M
2018
settled
$154.3M
$158.4M
2019
settled
$164.5M
$169.4M
2020
reopened
$154.6M
$171.7M
2021
settled with audit
$165.3M
$170.5M
2022
settled
$188.9M
$184.3M
2023
settled
$189.7M
$195.7M
2024
as submitted
$205.1M
$213.0M
2025
as submitted
$233.3M
$237.5M
2026
as submitted
$252.0M
$256.0M

Beside its peers

Hospitals of the same type (short-term acute care hospital), nearest in size, from Pennsylvania first; each on fiscal year 2026.

HospitalBedsNet patient revenueOperating expensesMargin
Indiana Regional Medical Center166$252,030,171$255,985,138−1.6%
Legacy Good Samaritan Medical Center, Portland (OR)165$528,420,543$576,609,769−9.1%
Mountain View Regional Medical Center, Las Cruces (NM)166$394,096,980$251,547,23936.2%
Thomas Hospital, Fairhope (AL)168$308,002,887$276,363,69210.3%
Uci Health - Lakewood, Lakewood (CA)172$224,710,000$203,952,0969.2%
Warren General Hospital, Warren85$47,644,316$56,206,590−18.0%

Patients and payers

Discharges
5,204
S-3 line 14, col 15
Inpatient days
23,782
S-3 line 14, col 8
Beds in use, on an average day
65.3
days ÷ days in year
Occupancy
39.3%
days ÷ bed days
Medicaid share of days
1.7%
S-3 cols 7 ÷ 8

Who owns it

  • PENNSYLVANIA MOUNTAINS CARE NETWORK100%

Related organizations on its own cost report: IRMC (100%), health system.

Other hospitals with the same owner: Acmh Hospital (PA), Punxsutawney Area Hospital (PA).

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).

Community benefit, as filed

From IRS Form 990 Schedule H, Part I, filed by INDIANA REGIONAL MEDICAL CENTER (employer identification number 250965404) for tax year 2022. The return lists this hospital as its one hospital facility.

FigureAs filedWhere it comes from
Total community benefit expense (line 7k)$25,857,736IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><NetCommunityBenefitExpnsAmt>
Financial assistance at cost (line 7a)$1,844,212IRS Form 990 Schedule H, Part I, <FinancialAssistanceAtCostTyp><NetCommunityBenefitExpnsAmt>
Medicaid (line 7b)$6,986,878IRS Form 990 Schedule H, Part I, <UnreimbursedMedicaidGrp><NetCommunityBenefitExpnsAmt>
Financial assistance and means-tested government programs (line 7d)$13,742,611IRS Form 990 Schedule H, Part I, <TotalFinancialAssistanceTyp><NetCommunityBenefitExpnsAmt>
Other benefits (line 7j)$12,115,125IRS Form 990 Schedule H, Part I, <TotalOtherBenefitsGrp><NetCommunityBenefitExpnsAmt>
Total, fraction of total expense (line 7k, column f)0.1324IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><TotalExpensePct>

E-file object id 202411349349307656. The IRS archive it was read from.

Executive and director compensation, as filed

From IRS Form 990 Part VII, Section A, filed by INDIANA REGIONAL MEDICAL CENTER (employer identification number 250965404) for tax year 2022. The return lists this hospital as its one hospital facility.

NameTitleRoleReportable comp, from this organizationReportable comp, from related organizationsOther compensation
ADENIRAN HAASTRUP MDPHYSICIANHighest-compensated employee$559,271$0$22,356
BECKY STAPLETONTREASURERTrustee/director, Officer$0$0$0
BENJAMIN L PARK DOPHYSICIANHighest-compensated employee$483,874$0$18,007
BRETT BRAUNCHIEF OPERATING OFFICEROfficer$220,307$0$29,609
CHRISTINA B LUBOLD MDBOARD MEMBERTrustee/director$37,920$0$0
FRANK ROBERTSSECRETARYTrustee/director, Officer$0$0$0
HILLARY CREELYBOARD MEMBERTrustee/director$0$0$0
JAMES KINNEERCHIEF HUMAN RESOURCE OFFICERKey employee$227,352$0$34,514
JAMES R MARTINBOARD MEMBERTrustee/director$0$0$0
KYUNG PARK MDPHYSICIANHighest-compensated employee$336,451$0$11,518
LAURIE A KUZNESKIBOARD MEMBERTrustee/director$0$0$0
MARK VOLOVICCHIEF INFORMATION OFFICERKey employee$280,240$0$32,304
MATTHEW N KLAIN MDBOARD MEMBERTrustee/director$0$0$0
NATHAN KOVALCHICKCHAIRMANTrustee/director, Officer$0$0$0
PATRICK SHANNON DOPHYSICIANHighest-compensated employee$430,726$0$27,721
RICHARD NEFF MDCHIEF MEDICAL OFFICEROfficer$397,918$0$28,299
ROBERT A GONGAWARECHIEF FINANCIAL OFFICEROfficer$323,825$0$34,321
RUSSELL A DROZDIAK MDBOARD MEMBERTrustee/director$159,630$0$3,362
STEPHEN A WOLFEPRESIDENT & CEOTrustee/director, Officer$802,111$0$42,593
T MICHAEL PRICEVICE CHAIRMANTrustee/director, Officer$0$0$0
TIMOTHY CLARK SIMPSON MDBOARD MEMBERTrustee/director$0$497,409$19,946
TODD BRICEBOARD MEMBERTrustee/director$0$0$0
TOLUTOPE OZAH MDPHYSICIANHighest-compensated employee$492,728$0$21,848
WENDY HAISLIPCHIEF NURSING OFFICERKey employee$227,299$0$24,264

E-file object id 202411349349307656. The IRS archive it was read from.

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More short-term acute care hospitals in Pennsylvania

Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 390173. 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 August 10, 2026.