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Short-term acute care hospital · Carmel, Indiana · 20 beds · CMS certification number 150193

Franciscan Health Orthopedic Carmel

Latest filing: fiscal year ended January 31, 2026, as submitted, stamped by CMS July 14, 2026. Four years on file, all shown below.

Fiscal 2026 at a glance

Net patient revenue $44.0M $43,970,124 · G-3 line 3
Operating expenses $62.3M $62,256,189 · G-3 line 4
Result from patient care −$18.3M −$18,286,065 · G-3 line 5
Margin on patient care −41.6% line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $36.7M in its first year on file (2022) to $44.0M in 2026.
  • Its result from patient care: −$23.1M (2023), −$18.6M (2024), −$18.3M (2026).
  • 1 of the 5 short-term acute care hospital peers below with a margin on file also reports a loss on patient care for fiscal year 2026.
  • Medicaid paid for 2.1% of its inpatient days and Medicare for 40.1%.

How these statements are drawn

Four years of filings

Net patient revenueOperating expenses

2022 settled margin −6.1% $36.7M $39.0M

2023 as submitted margin −96.3% $24.0M $47.2M

2024 as submitted margin −52.8% $35.3M $53.9M

2026 as submitted margin −41.6% $44.0M $62.3M

Beside its peers

Nearest in size, Indiana first, fiscal year 2026.

Hospital Beds Net patient revenue Operating expenses Margin

Franciscan Health Orthopedic Carmel 20 $43,970,124 $62,256,189 −41.6%

Dupont Hospital, Fort Wayne 108 $244,020,274 $195,893,083 19.7%

East Valley Er & Hospital, Gilbert (AZ) 14 $28,764,757 $21,179,230 26.4%

Hillcrest Hospital Pryor, Pryor (OK) 21 $36,883,973 $33,634,968 8.8%

Lutheran Kosciusko Hospital, Warsaw 72 $107,415,395 $88,069,656 18.0%

Medical Arts Hospital, Lamesa (TX) 21 $16,829,346 $23,675,383 −40.7%

Patients and payers

  • Discharges 318 S-3 line 14, col 15
  • Inpatient days 569 S-3 line 14, col 8
  • Beds in use, on an average day 1.4 days ÷ days in year
  • Occupancy 7.2% days ÷ bed days
  • Medicare share of days 40.1% S-3 cols 6 ÷ 8
  • Medicaid share of days 2.1% S-3 cols 7 ÷ 8

Who owns it

Related organizations on its own cost report: HOME OFFICE (100%), health system; FH CENTRAL INDY (100%), hospital.

Control: voluntary nonprofit, church.

Follow Franciscan Health Orthopedic Carmel, free

More short-term acute care hospitals in Indiana

File HOSP10FY2025.ZIP, form CMS-2552-10, CMS certification number 150193.

How this page was built: the CMS Medicare cost report, file HOSP10FY2025.ZIP, read July 14, 2026.

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