Hospital · Short-term acute hospital
Who owns Franciscan Health Indianapolis?
8111 S Emerson Ave · Indianapolis, IN · 46237
Overview
Franciscan Health Indianapolis is a short-term acute hospital in Indianapolis, Indiana, operated by Franciscan Health. Marion County has 19 hospitals, 44 nursing homes and 44 urgent care centers.
Ownership
Franciscan Health Indianapolis is operated by Franciscan Health.
- Operator
- Franciscan Health
- Owner group
- Franciscan Health
- Managed by
- Signet Health · CMS ownership filing
- Ownership type
- Church
- Sources
- CMS Hospital All Owners · 2026-09-29
- CMS record · 2024
- Other published source · 2026
Ownership history
Every dated change of operator and owner for Franciscan Health Indianapolis, 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 | $939.9M |
| Operating expenses | $944.2M |
| Net income | $93.4M |
| Net income as a share of net patient revenue | 9.9% |
| Uncompensated care cost | $18.2M |
| Charity care cost | $15.0M |
| Medicaid net revenue | $7.9M |
| Medicare disproportionate share percentage | 9.0% |
Payer mix by inpatient days (2024)
- Commercial and other 73.8%
- Medicare 25.2%
- Medicaid 1.0%
Services
Top inpatient services, Medicare (2024)
| Service | Discharges | Average total payment |
|---|---|---|
| Septicemia or severe sepsis without MV >96 hours with MCC · 871 | 603 | $16K |
| Respiratory infections and inflammations with MCC · 177 | 223 | $13K |
| Heart failure and shock with MCC · 291 | 189 | $10K |
| Simple pneumonia and pleurisy with MCC · 193 | 102 | $12K |
| Intracranial hemorrhage or cerebral infarction with MCC · 064 | 94 | $15K |
Top outpatient services, Medicare (2024)
| Service | Services |
|---|---|
| Level 1 Endovascular Procedures · 5191 | 344 |
| Comprehensive Observation Services · 8011 | 332 |
| Level 2 Excision/ Biopsy/ Incision and Drainage · 5072 | 259 |
| Level 3 Vascular Procedures · 5183 | 200 |
| Level 2 Upper GI Procedures · 5302 | 181 |
Medicare fee-for-service only. Small counts are suppressed by CMS.
Location and market
- Address
- 8111 S Emerson Ave · Indianapolis, IN · 46237
- County
- Marion County
- State
- Indiana
33 off-site locations
Campuses, off-site emergency departments and outpatient departments under this hospital's certification.
Nearby hospitals
| Name | City | Distance |
|---|---|---|
| Medical Behavioral Hospital Of Indianapolis | Greenwood | 1.1 mi |
| Community Health Network Rehabilitation Hosp So | Greenwood | 1.4 mi |
| Valle Vista Health System | Greenwood | 2.4 mi |
| Community Hospital South, Inc. | Indianapolis | 2.9 mi |
| Community Hospital East | Indianapolis | 9.6 mi |
| Neurodiagnostic Institute | Indianapolis | 9.7 mi |
Sources and identifiers
- Operator: CMS Hospital All Owners · CMS record · Other published source
- Finances and payer mix: CMS hospital cost reports (HCRIS), fiscal year 2024
- Services: CMS Medicare inpatient and outpatient utilization
- Ownership type and beds: CMS Provider of Services file
- Location: CMS and Census Bureau geography
- CMS certification number
- 150162
- NPI
- 1386749893
- Last confirmed
- 2026-10-23
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