Velarion Records

Short-term acute care hospital · Marion, Indiana · 82 beds · CMS certification number 150011

Marion General Hospital

Latest filing: fiscal year ended June 30, 2025, as submitted, stamped by CMS October 21, 2025. 29 years on file, all shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue $225.8M $225,759,023 · G-3 line 3
Operating expenses $233.4M $233,400,328 · G-3 line 4
Result from patient care −$7.6M −$7,641,305 · G-3 line 5
Margin on patient care −3.4% line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $78.9M in its first year on file (1997) to $225.8M in 2025.
  • From fiscal year 2024 to fiscal year 2025 its net patient revenue rose 16.1%.
  • Its result from patient care: −$26.9M (2023), −$22.9M (2024), −$7.6M (2025).
  • 3 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 2025.
  • Medicaid paid for 3.1% of its inpatient days and Medicare for 22.7%.
  • In its fiscal 2025 filing, its $225.8M net patient revenue sits at the 92nd percentile of 37 hospitals in IN, same facility class, 50 to 99 beds.

How these statements are drawn

29 years of filings

Net patient revenueOperating expenses

1997 reopened margin 7.9% $78.9M $72.6M

1998 reopened margin 5.2% $77.7M $73.7M

1999 reopened margin 5.3% $78.6M $74.5M

2000 reopened margin 3.4% $80.4M $77.7M

2001 settled margin 4.9% $86.0M $81.7M

2002 reopened margin 3.8% $91.6M $88.1M

2003 reopened margin −1.8% $94.8M $96.5M

2004 reopened margin 4.7% $107.3M $102.2M

2005 reopened margin 2.7% $106.4M $103.6M

2006 reopened margin 4.1% $116.8M $112.0M

2007 reopened margin 5.4% $118.3M $111.9M

2008 reopened margin 8.1% $128.7M $118.2M

2009 reopened margin 9.4% $130.3M $118.0M

2010 reopened margin 10.2% $130.8M $117.5M

2011 settled not filed $119.9M

2012 reopened margin 6.3% $154.8M $145.0M

2013 reopened margin 0.2% $149.1M $148.8M

2014 reopened margin −1.7% $148.9M $151.5M

2015 reopened margin 2.7% $156.5M $152.3M

2016 reopened margin 0.4% $163.5M $162.9M

2017 settled margin 2.1% $175.2M $171.5M

2018 settled margin 0.1% $171.5M $171.3M

2019 settled margin −2.3% $180.0M $184.2M

2020 settled margin −3.6% $183.7M $190.2M

2021 settled margin 1.7% $195.3M $192.1M

2022 settled margin −2.3% $195.1M $199.4M

2023 settled margin −14.6% $183.5M $210.3M

2024 settled margin −11.8% $194.5M $217.4M

2025 as submitted margin −3.4% $225.8M $233.4M

Beside its peers

Short-term acute care hospitals in Indiana with 50 to 99 beds, fiscal year 2025.

Hospital Beds Net patient revenue Operating expenses Margin

Marion General Hospital 82 $225,759,023 $233,400,328 −3.4%

The Women's Hospital, Newburgh 80 $152,804,237 $135,092,399 11.6%

Franciscan Health Mooresville, Mooresville 80 $157,958,396 $148,893,523 5.7%

Goshen General Hospital, Goshen 92 $283,134,444 $317,113,971 −12.0%

Northwest Health-la Porte, Laporte 84 $175,023,030 $180,283,758 −3.0%

Schneck Medical Center, Seymour 84 $222,862,166 $225,625,618 −1.2%

Patients and payers

  • Discharges 4,157 S-3 line 14, col 15
  • Inpatient days 16,675 S-3 line 14, col 8
  • Beds in use, on an average day 45.8 days ÷ days in year
  • Occupancy 55.7% days ÷ bed days
  • Medicare share of days 22.7% S-3 cols 6 ÷ 8
  • Medicaid share of days 3.1% S-3 cols 7 ÷ 8

Who owns it

Control: voluntary nonprofit, other.

Community benefit, as filed

From IRS Form 990 Schedule H, Part I, filed by MARION GENERAL HOSPITAL INC (employer identification number 350868130) 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)$32,455,650IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><NetCommunityBenefitExpnsAmt>
Financial assistance at cost (line 7a)$3,510,295IRS Form 990 Schedule H, Part I, <FinancialAssistanceAtCostTyp><NetCommunityBenefitExpnsAmt>
Medicaid (line 7b)$25,903,062IRS Form 990 Schedule H, Part I, <UnreimbursedMedicaidGrp><NetCommunityBenefitExpnsAmt>
Financial assistance and means-tested government programs (line 7d)$29,413,357IRS Form 990 Schedule H, Part I, <TotalFinancialAssistanceTyp><NetCommunityBenefitExpnsAmt>
Other benefits (line 7j)$3,042,293IRS Form 990 Schedule H, Part I, <TotalOtherBenefitsGrp><NetCommunityBenefitExpnsAmt>
Total, fraction of total expense (line 7k, column f)0.1565IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><TotalExpensePct>

E-file object id 202401299349302800. The IRS archive it was read from.

Executive and director compensation, as filed

From IRS Form 990 Part VII, Section A, filed by MARION GENERAL HOSPITAL INC (employer identification number 350868130) for tax year 2022. The return lists this hospital as its one hospital facility.

NameTitleRoleReportable comp, from this organizationReportable comp, from related organizationsOther compensation
ANTHONY ROBERTSCFOOfficer$395,402$0$40,881
CHARLES COSSELL DOPHYSICIANHighest-compensated employee$741,766$0$22,602
CYNTHIA FUTRELLCNOOfficer$308,808$0$41,017
DON TRICARICO JRCAO (LEFT 01/19)Former$136,500$0$0
EDMOND BENDALY MDPHYSICIANHighest-compensated employee$846,524$0$9,150
ELIZABETH GUTIERREZBOARD TREASURERTrustee/director, Officer$0$0$0
JAMES ORRELL MDPHYSICIAN/CHIEF OF MED. STAFFTrustee/director$429,665$0$53,054
KAREN JACOBS DOPHYSICIANHighest-compensated employee$660,729$0$34,554
KAVITA RAJ DOPHYSICIANHighest-compensated employee$620,091$0$52,803
KEVIN CATESBOARD SECRETARYTrustee/director, Officer$0$0$0
LEZLIE WINTERBOARD MEMBERTrustee/director$0$0$0
M NABI SHARIF MDPHYSICIAN/BOARD MEMBERTrustee/director$162,300$0$0
MICHAEL HOTZBOARD MEMBERTrustee/director$0$0$0
NABIN AGRAWAL MDPHYSICIAN/BOARD MEMBERTrustee/director$283,163$0$50,398
SHANKARAN SRIKANTH MDPHYSICIAN/BOARD MEMBERHighest-compensated employee$591,083$0$50,774
SIRAJABID KHATIB MDPHYSICIAN/BOARD MEMBERTrustee/director$376,648$0$22,840
STEPHANIE HILTON-SIEBERTPRESIDENT/CEOTrustee/director, Officer$1,458,228$0$36,199
STEPHEN KELLER MDPHYSICIAN/BOARD MEMBERTrustee/director$696,571$0$37,103
STEVEN BERRYVICE CHAIRTrustee/director, Officer$0$0$0
TIMOTHY DAILEYCHAIRTrustee/director, Officer$0$0$0

E-file object id 202401299349302800. The IRS archive it was read from.

Follow Marion General Hospital, free

More short-term acute care hospitals in Indiana

File HOSP10FY2024.ZIP, form CMS-2552-10, CMS certification number 150011.

How this page was built: the CMS Medicare cost report, file HOSP10FY2024.ZIP, read October 21, 2025.

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