Velarion Records

Psychiatric hospital · Anderson, Indiana · 22 beds · CMS certification number 154062

Assurance Health

Latest filing: fiscal year ended December 31, 2017, settled, stamped by CMS March 20, 2019. Three years on file, all shown below.

Fiscal 2017 at a glance

Net patient revenue $7.2M $7,214,521 · G-3 line 3
Operating expenses $6.3M $6,317,675 · G-3 line 4
Result from patient care $897K $896,846 · G-3 line 5
Margin on patient care 12.4% line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $5.1M in its first year on file (2015) to $7.2M in 2017.
  • Its result from patient care: −$892K (2015), −$134K (2016), $897K (2017).
  • 1 of the 5 psychiatric hospital peers below with a margin on file also reports a gain on patient care for fiscal year 2017.

How these statements are drawn

Three years of filings

Net patient revenueOperating expenses

2015 settled margin −17.4% $5.1M $6.0M

2016 settled margin −1.9% $7.0M $7.1M

2017 settled margin 12.4% $7.2M $6.3M

Beside its peers

Psychiatric hospitals in Indiana with under 25 beds, fiscal year 2017.

Hospital Beds Net patient revenue Operating expenses Margin

Assurance Health 22 $7,214,521 $6,317,675 12.4%

Assurance Health Indianapolis, Indianapolis 23 $7,313,254 $6,362,351 13.0%

Incompass Healthcare, Lawrenceburg 16 $11,528,533 $17,404,202 −51.0%

Hamilton Center, Terre Haute 16 $21,568,824 $36,601,386 −69.7%

River Bend Hospital, West Lafayette 16 $3,114,825 $9,565,444 −207.1%

Otis R Bowen Center for Human Services, Warsaw 16 $46,844,711 $53,900,489 −15.1%

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More psychiatric hospitals in Indiana

File HOSP10FY2017.ZIP, form CMS-2552-10, CMS certification number 154062.

How this page was built: the CMS Medicare cost report, file HOSP10FY2017.ZIP, read March 20, 2019.