Velarion Records

Rehabilitation hospital · Indianapolis, Indiana · 91 beds · CMS certification number 153028

Rehabilitation Hospital of Indiana

Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS June 11, 2026. 30 years on file, all shown below.

Fiscal 2025 at a glance

Net patient revenue $45.7M $45,740,851 · G-3 line 3
Operating expenses $47.1M $47,095,008 · G-3 line 4
Result from patient care −$1.4M −$1,354,157 · G-3 line 5
Margin on patient care −3.0% line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $20.6M in its first year on file (1996) to $45.7M in 2025.
  • From fiscal year 2024 to fiscal year 2025 its net patient revenue rose 2.4%.
  • Its result from patient care: −$1.0M (2023), −$2.4M (2024), −$1.4M (2025).
  • None of the 5 rehabilitation hospital peers below with a margin on file reports a loss on patient care for fiscal year 2025.
  • Medicaid paid for 2.6% of its inpatient days and Medicare for 28.7%.
  • REHABILITATION HOSPITAL OF INDIANA INC holds 100% of it, on its Medicare enrollment.

How these statements are drawn

30 years of filings

Net patient revenueOperating expenses

1996 reopened margin −3.4% $20.6M $21.3M

1997 reopened margin 3.6% $24.0M $23.1M

1998 reopened margin −5.1% $21.2M $22.3M

1999 reopened margin −4.7% $18.7M $19.5M

2000 settled margin 16.6% $26.3M $21.9M

2001 settled margin 0.6% $23.9M $23.7M

2002 settled margin 3.4% $26.2M $25.3M

2003 settled margin −0.7% $25.3M $25.5M

2004 reopened margin −0.5% $26.6M $26.8M

2005 reopened margin 7.0% $29.9M $27.8M

2006 reopened margin 11.4% $34.4M $30.5M

2007 settled margin 5.2% $34.8M $33.0M

2008 reopened margin 0.6% $33.9M $33.7M

2009 reopened margin 0.7% $34.7M $34.5M

2010 reopened margin 4.4% $37.0M $35.4M

2011 reopened margin 4.0% $37.8M $36.2M

2012 reopened margin −1.2% $36.2M $36.6M

2013 reopened margin −0.2% $38.4M $38.5M

2014 reopened margin −0.9% $35.0M $35.3M

2015 reopened margin 0.8% $36.8M $36.5M

2016 settled margin −1.3% $39.0M $39.6M

2017 settled margin −3.2% $38.5M $39.7M

2018 settled margin −0.4% $42.1M $42.3M

2019 settled margin −2.5% $45.0M $46.2M

2020 settled margin −3.9% $45.0M $46.8M

2021 settled margin −3.4% $45.5M $47.0M

2022 settled margin −7.0% $43.2M $46.2M

2023 settled margin −2.3% $44.5M $45.5M

2024 settled margin −5.4% $44.7M $47.1M

2025 as submitted margin −3.0% $45.7M $47.1M

Beside its peers

Nearest in size, Indiana first, fiscal year 2025.

Hospital Beds Net patient revenue Operating expenses Margin

Rehabilitation Hospital of Indiana 91 $45,740,851 $47,095,008 −3.0%

Community Health Network Rehabilitation Hospital, Indianapolis 60 $44,120,368 $32,275,857 26.9%

Community Health Network Rehabilitation Hospital South, Greenwood 44 $29,377,466 $23,048,374 21.5%

Encompass Health Deaconess Rehabilitation Hospital, Newburgh 98 $57,803,430 $39,896,301 31.0%

Pam Health Rehabilitation Hospital of Greater Indiana, Clarksville 82 $59,569,392 $45,605,684 23.4%

Select Medical Rehabilitation Hospital at Lutheran Hospital, Fort Wayne 42 $29,724,901 $26,141,092 12.1%

Patients and payers

  • Discharges 1,344 S-3 line 14, col 15
  • Inpatient days 17,633 S-3 line 14, col 8
  • Beds in use, on an average day 48.4 days ÷ days in year
  • Occupancy 53.1% days ÷ bed days
  • Medicare share of days 28.7% S-3 cols 6 ÷ 8
  • Medicaid share of days 2.6% S-3 cols 7 ÷ 8

Who owns it

  • REHABILITATION HOSPITAL OF INDIANA INC100%

Related organizations on its own cost report: IU HEALTH (51%), home office; ST. VINCENT (49%), mgmt company.

Control: proprietary, corporation.

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More rehabilitation hospitals in Indiana

File HOSP10FY2025.ZIP, form CMS-2552-10, CMS certification number 153028. Owners of 5% or more: CMS Hospital All Owners and Hospital Enrollments, Medicare enrollment October 1, 2026.

How this page was built: the CMS Medicare cost report, file HOSP10FY2025.ZIP, read June 11, 2026.

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