# Meridian Health Services Corp

Health Center, IN
Page: https://astrelis.co/providers/health_center/151105  
This twin: https://astrelis.co/providers/health_center/151105.md  
CMS Certification Number (CCN): 151105  
Release: 2321a4fc37a7 (2026-10-22)

## Headline figures (fiscal years on file: 2022 to 2022)

Filings that are not a full fiscal year: FY2022 covers 394 days. These years sit in no comparison pool.

- **Total patients (UDS) (FY2024):** 54,024. Reported value. Definition: https://astrelis.co/methodology#health-center
- **Operating margin (FY2022):** +61.7%. Astrelis calculation. Definition: https://astrelis.co/methodology#health-center
- **Service sites (FY2024):** 51. Reported value. Definition: https://astrelis.co/methodology#health-center
- **Uninsured patient share (FY2024):** 11.2%. Illustrative estimate. Definition: https://astrelis.co/methodology#health-center
- **Total operating revenue (FY2022):** $0.6M. Reported value. Definition: https://astrelis.co/methodology#health-center
- **Total margin (including nonoperating) (FY2022):** +61.7%. Astrelis calculation. Definition: https://astrelis.co/methodology#health-center

## Audited financial statements (Federal Audit Clearinghouse)

Read from the FAC-11 template of the audited statements: every line, every ratio and every status column print as the template carries them, and no figure is withheld. A report's tie status says whether its statements foot; a ratio's plausibility status says whether it sits inside its possible range; a median of fewer than five values says so. The figures were not audited by Astrelis. Contract: https://astrelis.co/methodology/fqhc-audit-contract

### Meridian Health Services Corp, IN

Match to this profile: matched by name (method: name and state).

- FY ending 2025-06-30 (audit year 2025): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2025-06-GSAFAC-0000407021
- FY ending 2024-06-30 (audit year 2024): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2024-06-GSAFAC-0000359836
- FY ending 2023-06-30 (audit year 2023): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2023-06-GSAFAC-0000030901

| Line | FY ending 2025-06-30 | FY ending 2024-06-30 | FY ending 2023-06-30 |
|---|---:|---:|---:|
| cash and investments (current) (Statement of financial position) | 74,439,650 [derived, p.6] | 70,499,123 [derived, p.6] | 70,847,808 [derived, p.6] |
| patient receivables, net (Statement of financial position) | 6,954,801 [derived, p.6] | 10,303,027 [derived, p.6] | 3,589,595 [derived, p.6] |
| grants and other receivables (Statement of financial position) | 9,824,346 [derived, p.6] | 8,778,846 [derived, p.6] | 10,783,633 [derived, p.6] |
| other current assets (Statement of financial position) | 2,917,618 [derived, p.6] | 3,379,104 [derived, p.6] | 2,622,587 [derived, p.6] |
| TOTAL CURRENT ASSETS (Statement of financial position) | 94,136,415 [extracted, p.6] | 92,960,100 [extracted, p.6] | 87,843,623 [extracted, p.6] |
| property and equipment, net (Statement of financial position) | 35,628,406 [derived, p.6] | 32,187,686 [derived, p.6] | 26,890,797 [derived, p.6] |
| other long-term assets (Statement of financial position) | 4,277,414 [derived, p.6] | 2,993,163 [derived, p.6] | 1,356,709 [derived, p.6] |
| TOTAL ASSETS (Statement of financial position) | 134,042,235 [extracted, p.6] | 128,140,949 [extracted, p.6] | 117,318,335 [extracted, p.6] |
| payables and accrued expenses (Statement of financial position) | 9,559,643 [derived, p.6] | 8,228,223 [derived, p.6] | 10,027,666 [derived, p.6] |
| deferred revenue (Statement of financial position) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| current debt and leases (Statement of financial position) | 1,028,164 [derived, p.6] | 694,258 [derived, p.6] | absent (not printed, or not read) |
| other current liabilities (Statement of financial position) | 5,097,897 [derived, p.6] | 6,619,987 [derived, p.6] | 5,325,043 [derived, p.6] |
| TOTAL CURRENT LIABILITIES (Statement of financial position) | 18,412,612 [extracted, p.6] | 15,542,468 [extracted, p.6] | 15,974,400 [extracted, p.6] |
| long-term debt and leases (Statement of financial position) | 1,611,362 [derived, p.6] | 786,700 [derived, p.6] | absent (not printed, or not read) |
| other long-term liabilities (Statement of financial position) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| TOTAL LIABILITIES (Statement of financial position) | 20,023,974 [extracted, p.6] | 16,329,168 [extracted, p.6] | 16,579,915 [extracted, p.6] |
| net assets without donor restrictions (Statement of financial position) | 114,018,261 [derived, p.6] | 111,811,781 [derived, p.6] | 100,738,420 [derived, p.6] |
| net assets with donor restrictions (Statement of financial position) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| TOTAL NET ASSETS (Statement of financial position) | 114,018,261 [extracted, p.6] | 111,811,781 [extracted, p.6] | 100,738,420 [extracted, p.6] |
| patient service revenue, net (Statement of activities) | 103,542,221 [derived, p.7] | 99,206,192 [derived, p.7] | 89,786,760 [derived, p.7] |
| pharmacy and 340B revenue (Statement of activities) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| federal grants (Statement of activities) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| other grants and contracts (Statement of activities) | 12,196,060 [derived, p.7] | 10,615,704 [derived, p.7] | 13,424,761 [derived, p.7] |
| contributions (Statement of activities) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| other revenue (Statement of activities) | 18,918,788 [derived, p.7] | 17,634,783 [derived, p.7] | 16,901,352 [derived, p.7] |
| TOTAL REVENUE AND SUPPORT (Statement of activities) | 134,657,069 [extracted, p.7] | 127,456,679 [extracted, p.7] | 120,112,873 [extracted, p.7] |
| salaries and benefits (Statement of activities) | 101,405,645 [derived, p.7] | 85,155,316 [derived, p.7] | 76,459,557 [derived, p.7] |
| supplies and pharmaceuticals (Statement of activities) | 7,735,333 [derived, p.7] | 7,209,758 [derived, p.7] | 6,165,319 [derived, p.7] |
| purchased and professional services (Statement of activities) | 5,686,111 [derived, p.7] | 8,191,119 [derived, p.7] | 7,171,602 [derived, p.7] |
| occupancy (Statement of activities) | 5,460,386 [derived, p.7] | 5,464,774 [derived, p.7] | 4,644,655 [derived, p.7] |
| depreciation and amortization (Statement of activities) | 4,036,719 [derived, p.7] | 3,790,269 [derived, p.7] | 2,897,220 [derived, p.7] |
| interest (Statement of activities) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| other expenses (Statement of activities) | 12,469,380 [derived, p.7] | 10,582,564 [derived, p.7] | 9,780,286 [derived, p.7] |
| TOTAL EXPENSES (Statement of activities) | 136,793,574 [extracted, p.7] | 120,393,800 [extracted, p.7] | 107,118,639 [extracted, p.7] |
| OPERATING RESULT (Statement of activities) | -2,136,505 [extracted, p.7] | 7,062,879 [extracted, p.7] | 12,994,234 [extracted, p.7] |
| non-operating and other changes (Statement of activities) | 4,342,985 [derived, p.7] | 4,010,482 [derived, p.7] | 2,149,547 [derived, p.7] |
| CHANGE IN NET ASSETS (Statement of activities) | 2,206,480 [extracted, p.7] | 11,073,361 [extracted, p.7] | 15,143,781 [extracted, p.7] |
| net assets, beginning (Statement of activities) | 111,811,781 [extracted, p.7] | 100,738,420 [extracted, p.7] | 85,594,639 [extracted, p.7] |
| net assets, end (Statement of activities) | 114,018,261 [extracted, p.7] | 111,811,781 [extracted, p.7] | 100,738,420 [extracted, p.7] |

| Ratio | FY ending 2025-06-30 | FY ending 2024-06-30 | FY ending 2023-06-30 |
|---|---:|---:|---:|
| Days cash on hand | 205 days [plausible] | 221 days [plausible] | 248 days [plausible] |
| Current ratio | 5.11x [plausible] | 5.98x [plausible] | 5.50x [plausible] |
| Operating margin | -1.6% [plausible] | 5.5% [plausible] | 10.8% [plausible] |
| Total margin | 1.6% [plausible] | 8.7% [plausible] | 12.6% [plausible] |
| Patient revenue share | 76.9% [plausible] | 77.8% [plausible] | 74.8% [plausible] |
| Grant dependency | absent [not computed] | absent [not computed] | absent [not computed] |
| Salaries share | 74.1% [plausible] | 70.7% [plausible] | 71.4% [plausible] |
| Days in patient receivables | 25 days [plausible] | 38 days [plausible] | 15 days [plausible] |
| Debt to net assets | 0.02x [plausible] | 0.01x [plausible] | absent [not computed] |
| Health center award share | absent [not computed] | absent [not computed] | absent [not computed] |

## Sources

HRSA Uniform Data System (awardee level; organization match Verified). CMS HCRIS cost reports, form CMS-224-14, as filed (the Medicare cost-report appendix). Federal Audit Clearinghouse single audits as filed (Meridian Health Services Corp; FAC-11 template snapshot, SRC-FAC-001); the organization match is matched by name.

Methodology: https://astrelis.co/methodology · Data sources: https://astrelis.co/data-sources · Data philosophy: https://astrelis.co/data-philosophy

## Cite this page

Astrelis Atlas, "Meridian Health Services Corp", https://astrelis.co/providers/health_center/151105, release 2321a4fc37a7 (2026-10-22). Figures as filed in the named public sources; not audited by Astrelis.

Figures are as filed in the named public sources. Astrelis is not a CPA firm and performs no audit, review or attestation of any facility.