Indian River Memorial Hospita.l

1000 36th Street, Vero Beach, FL 32960 · Indian River County
General Acute ★ CMS 4/5 Emergency services

At a glance

Latest cost report FY2024
Net patient revenue
$438.4M
Operating margin
-15.8%
Net income
-$45.8M
Staffed beds
310
Annual discharges
15,163
Case mix index
1.90

Ownership & identity

Control, system & affiliation
Ownership / controlNonprofit (other) Health systemCleveland Clinic Florida Regional Health System Nonprofit (2) Hospital typeGeneral Acute Phone(772) 567-4311 CMS star rating4 / 5 Emergency servicesYes

Net patient revenue trend

FY2019–FY2024
FY19FY20FY21FY22FY23FY24
Fiscal yearNet patient revenue
FY2019$296,780,421
FY2020$292,502,899
FY2021$332,260,301
FY2022$379,175,390
FY2023$372,193,860
FY2024$438,405,821

Payer mix

Share of inpatient days
Medicare35.5%Medicaid2.2%Commercial & other62.3%

How Indian River Memorial Hospita.l compares

#60 of 275 Florida hospitals by net patient revenue

Other Cleveland Clinic Florida Regional Health System Nonprofit hospitals

Same health system · view all

Full financial detail

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🔒 5-year income statement & balance sheet
Line-by-line revenue, expenses, assets, liabilities and net assets for FY2020–FY2024, plus top Medicare DRGs, cost structure, EBITDAR, and Medicare reimbursement (IME, DSH, charity & uncompensated care).
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