Hospital · Short-term acute hospital
Who owns Franciscan Health Orthopedic Hospital Carmel?
10777 N Illinois St · Carmel, IN · 46032
Overview
Beds20
Discharges333cost report 2024
Occupancy7%inpatient days ÷ bed days
Employees (FTE)105
Franciscan Health Orthopedic Hospital Carmel is a short-term acute hospital in Carmel, Indiana, operated by Franciscan Health. Hamilton County has 5 hospitals, 14 nursing homes and 17 urgent care centers.
Ownership
Franciscan Health Orthopedic Hospital Carmel is operated by Franciscan Health.
- Operator
- Franciscan Health
- Owner group
- Franciscan Health
- Managed by
- Signet Health · CMS ownership filing
- Sources
- CMS record · 2024
- Other published source · 2026
Ownership history
Every dated change of operator and owner for Franciscan Health Orthopedic Hospital Carmel, with the source for each.
Full ownership tree of Franciscan Health
Every entity between this facility and its ultimate owner, with ownership percentages and dates.
Finances
From the hospital's Medicare cost report, fiscal year ending 2024.
| Net patient revenue | $35.3M |
| Operating expenses | $53.9M |
| Net income | $7.3M |
| Net income as a share of net patient revenue | 20.7% |
| Uncompensated care cost | $249K |
| Charity care cost | $151K |
| Medicaid net revenue | $655K |
Payer mix by inpatient days (2024)
- Commercial and other 58.2%
- Medicare 39.5%
- Medicaid 2.3%
Services
Top inpatient services, Medicare (2024)
| Service | Discharges | Average total payment |
|---|---|---|
| Combined anterior and posterior spinal fusion without CC/MCC · 455 | 16 | $39K |
| Major joint or limb reattachment procedures of upper extremities · 483 | 16 | $16K |
| Combined anterior and posterior spinal fusion with CC · 454 | 15 | $56K |
| Revision of hip or knee replacement with CC · 467 | 15 | $21K |
| Revision of hip or knee replacement without CC/MCC · 468 | 13 | $17K |
Top outpatient services, Medicare (2024)
| Service | Services |
|---|---|
| Level 5 Musculoskeletal Procedures · 5115 | 451 |
| Level 6 Musculoskeletal Procedures · 5116 | 93 |
| Level 4 Musculoskeletal Procedures · 5114 | 27 |
Medicare fee-for-service only. Small counts are suppressed by CMS.
Location and market
- Address
- 10777 N Illinois St · Carmel, IN · 46032
- County
- Hamilton County
- State
- Indiana
Hospitals in the county5
Nursing homes14
Urgent care centers17
Nearby hospitals
| Name | City | Distance |
|---|---|---|
| Indiana University Health North Hospital | Carmel | 0.7 mi |
| Indianapolis Rehabilitation Hospital, LLC | Carmel | 1.3 mi |
| Ascension St Vincent Carmel | Carmel | 2.7 mi |
| Ascension St Vincent Hospital | Indianapolis | 3.1 mi |
| Ascension St Vincent Seton Specialty Hospital | Indianapolis | 3.8 mi |
| Kindred Hospital Indianapolis North | Indianapolis | 6.2 mi |
Sources and identifiers
- Operator: CMS record · Other published source
- Finances and payer mix: CMS hospital cost reports (HCRIS), fiscal year 2024
- Services: CMS Medicare inpatient and outpatient utilization
- Location: CMS and Census Bureau geography
- CMS certification number
- 150193
- Last confirmed
- 2026-10-27
See something wrong? Report a correction.