Hospital · Short-term acute hospital
Who owns Physicians' Medical Center LLC?
4023 Reas Ln · New Albany, IN · 47150
Overview
Physicians' Medical Center LLC is a short-term acute hospital in New Albany, Indiana, operated by Physicians Medical Center LLC. Floyd County has 2 hospitals, 7 nursing homes and 4 urgent care centers.
Ownership
Physicians' Medical Center LLC is operated by Physicians Medical Center LLC, part of Sca Ahn Jv Holdings Ii, LLC.
- Operator
- Physicians Medical Center LLC
- Owner group
- Sca Ahn Jv Holdings Ii, LLC
- Ownership type
- For-profit (physician-owned)
- Source
Ownership history
Every dated change of operator and owner for Physicians' Medical Center LLC, with the source for each.
Full ownership tree of Sca Ahn Jv Holdings Ii, LLC
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 | $60.7M |
| Operating expenses | $53.2M |
| Net income | $8.4M |
| Net income as a share of net patient revenue | 13.8% |
| Uncompensated care cost | $69K |
| Medicaid net revenue | $7.8M |
Payer mix by inpatient days (2024)
- Commercial and other 71.0%
- Medicare 22.4%
- Medicaid 6.6%
Services
Top inpatient services, Medicare (2024)
| Service | Discharges | Average total payment |
|---|---|---|
| Female reproductive system reconstructive procedures · 748 | 16 | $10K |
Top outpatient services, Medicare (2024)
| Service | Services |
|---|---|
| Level 4 Urology and Related Services · 5374 | 431 |
| Level 5 Urology and Related Services · 5375 | 255 |
| Level 4 Musculoskeletal Procedures · 5114 | 183 |
| Level 3 Urology and Related Services · 5373 | 112 |
| Level 5 Musculoskeletal Procedures · 5115 | 95 |
Medicare fee-for-service only. Small counts are suppressed by CMS.
Location and market
- Address
- 4023 Reas Ln · New Albany, IN · 47150
- County
- Floyd County
- State
- Indiana
2 off-site locations
Campuses, off-site emergency departments and outpatient departments under this hospital's certification.
Nearby hospitals
| Name | City | Distance |
|---|---|---|
| Baptist Health Floyd | New Albany | 2.8 mi |
| Pam Health Rehabilitation Hospital Of Greater Indi | Clarksville | 3.5 mi |
| Brightwell Behavioral Health | Clarksville | 3.5 mi |
| Wellstone Regional Hospital | Jeffersonville | 6.3 mi |
| Norton Hospitals, Inc | Louisville | 7.6 mi |
| UOFL HEALTH - JEWISH HOSPITAL and Mary & Elizabeth Hospital | Louisville | 7.6 mi |
Sources and identifiers
- Operator: CMS Hospital Enrollments and All Owners (PECOS): hospital ownership graph
- 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
- 150172
- NPI
- 1689857385
- Last confirmed
- 2026-10-23
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