Psychiatric HospitalProprietary

Options Behavioral Health System

Indianapolis, IN

5602 Caito Drive, Indianapolis, IN 46226(317) 544-4340

Beds

1,252

Inpatient discharges a year

$10.1M

Net patient revenue a year

About this hospital

Options Behavioral Health System is an 84-bed proprietary hospital in Indianapolis, IN.

CCN: 154057
NPI: 1740373323
Medicare contractor: Jurisdiction 8, WPS Government Health Administrators (08001)

Negotiated Rates

The data below comes from CMS-mandated price transparency data. Learn more.

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No contract information available for this hospital.

Contract data may be available through direct hospital inquiry.

Insurance Accepted

Acceptance varies by plan and service. Confirm coverage with your insurer or the hospital's billing department.

More about this hospital

Doctors and services
9 services
See doctors and services
Finances
$10.1M net patient revenue
- Operating margin on patient care -51.6%
- -$5.2M net income
See finances

Tax IDs and NPIs insurers list

The employer identification numbers (EINs) health plans and networks list for Options Behavioral Health System in the in-network rate files they publish, with the organization NPIs billed under each.

Tax ID (EIN)	Plans and networks listing it	Organization NPIs
03-0512678Options Treatment Center Acquisition Corporation	46Aetna, Cigna, United Healthcare (incl Optum, Rocky Mountain, Health Plan of Nevada, Sierra Health), Allied Benefit Systems, Aspirus Health Plan and 41 more	1740373323 Options Treatment Center Acquisition Corporation

Source: PayerPrice analysis of insurers' Transparency in Coverage in-network files. An EIN can cover several hospitals and clinics in a health system, and insurers sometimes list other organizations' NPIs under it.

Location

5602 Caito Drive, Indianapolis, IN 46226

(317) 544-4340

Get directions

Accreditation and services

9 services at Options Behavioral Health System

Imaging: Diagnostic Radiology
Women and children: Clinical Laboratory
Behavioral health: Adult Inpatient Psychiatric CareGeriatric PsychiatricPsychiatric Care of Children and/or Adolescents
Other services: Dietary CareGerontological SpecialtyPharmacySocial Care

Source: CMS Provider of Services file, as reported by the hospital and state surveyors.

Size and patient volume

What Options Behavioral Health System reported to Medicare in its latest cost report, covering Jan 1, 2025 to Sep 30, 2025.

1,252
Inpatient discharges
Medicare 4%, Medicaid 16%
8,660
Inpatient days
38% of available bed days used
115
Employees (full-time equivalent)

Source: CMS cost report (HCRIS) (report 835981). Figures cover the reporting period, which is not always 12 months, and are self-reported.

Utilization by payer and unit

Inpatient days and discharges Options Behavioral Health System reported by payer. Medicare and Medicaid include their managed care plans, shown separately below.

	Medicare	Medicaid	Other	Total
Inpatient days	469	1,432	6,759	8,660
Discharges	51	195	1,006	1,252
Average length of stay	9.2 days	7.3 days	6.7 days	6.9 days
Average daily census	1.7	5.2	24.8	31.7

4,420
Medicaid managed care days
671 discharges

Beds and days by unit

Unit	Beds	Inpatient days	Medicare days	Occupancy
Adults & pediatrics	84	8,660	469	38%

Source: CMS cost report (HCRIS, Form 2552-10), report 835981, settled without audit. Hospitals report these figures themselves; they are not audited financial statements. Worksheet S-3 Part I.

Income statement

Revenue, expenses and income Options Behavioral Health System reported to Medicare for Jan 1, 2025 to Sep 30, 2025. Percentages are of net patient revenue.

Line	Amount	Share
Gross patient revenue (charges)	$26.8M	264.9%
Inpatient	$26.1M	258.0%
Outpatient	$691,500	6.8%
Contractual allowances and discounts	-$16.7M	-164.9%
Net patient revenue	$10.1M	100.0%
Operating expenses	-$15.3M	-151.6%
Operating income from patient care	-$5.2M	-51.6%
Other income	$4,343	0.0%
Net income	-$5.2M	-51.5%

Gross revenue by payer

Line	Amount	Share
Traditional Medicare	$10,527	0.0%
Other payers and self-pay	$26.8M	100.0%
Total charges	$26.8M	100.0%

Source: CMS cost report (HCRIS, Form 2552-10), report 835981, settled without audit. Hospitals report these figures themselves; they are not audited financial statements. Traditional Medicare is the program charges on Worksheets D-3 and D Part V; Medicaid is from Worksheet S-10.

Financial ratios

Computed from Options Behavioral Health System's latest cost report, which covers 273 days; income and expense figures are scaled to a year.

-51.6%
Operating margin
Operating income from patient care / net patient revenue
-51.5%
Total margin
Net income / net patient revenue plus other income
-43.2%
EBITDAR margin
Net income before interest, depreciation and leases (Worksheet A-7), / total revenue
47% of expenses
Personnel costs
Salaries, direct-care contract labor and core wage-related costs / operating expenses
-150.3%
Return on assets
Net income for a year / total assets
-25.8%
Return on equity
Net income for a year / fund balance
0.42
Current ratio
Current assets / current liabilities
0.35
Quick ratio
Cash, temporary investments and net receivables / current liabilities
-7 days
Days cash on hand
Cash and temporary investments / daily operating expenses excluding depreciation
30 days
Days in patient receivables
Net patient receivables / daily net patient revenue
37 days
Average payment period
Current liabilities / daily operating expenses excluding depreciation
2.92
Asset turnover
Total revenue for a year / total assets
6.5 years
Average age of plant
Accumulated depreciation / depreciation for a year

Source: CMS cost report (HCRIS, Form 2552-10), report 835981, settled without audit. Hospitals report these figures themselves; they are not audited financial statements.

Balance sheet

What Options Behavioral Health System owned and owed at the end of its reporting period (Sep 2025), across all fund types: $4.6M in total assets and a $27M fund balance.

Show the balance sheet

Line	Amount	Of total assets
Cash and temporary investments	-$404,300	-8.7%
Patient receivables, net	$1.1M	24.0%
Total current assets	$863,875	18.6%
Property and equipment, net of depreciation	$3.8M	80.9%
Investments and other assets	$23,093	0.5%
Total assets	$4.6M	100.0%
Current liabilities	$2M	44.1%
Total liabilities	-$22.4M	-483.2%
Fund balance (net assets)	$27M	583.2%

Source: CMS cost report (HCRIS, Form 2552-10), report 835981, settled without audit. Hospitals report these figures themselves; they are not audited financial statements.

Financial trend

Options Behavioral Health System's full-year cost reports, by fiscal year end. Reports shorter than ten months are left out.

Show 6 years

Fiscal year ending	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Net patient revenue	$16.4M	$19.2M	$23.7M	$28.8M	$29M	$26.6M
Operating expenses	$14.3M	$18.7M	$19.4M	$22.5M	$22.8M	$19.8M
Operating margin	13.1%	2.4%	18.2%	21.8%	21.4%	25.4%
Net income	$2.2M	$474,177	$4.4M	$6.3M	$6.2M	$6.8M
Total assets	$3.5M	$4.1M	$3.8M	$4.7M	$4.7M	$4.7M
Discharges	2,464	2,725	3,208	4,199	4,004	3,256
Inpatient days	16,041	18,867	22,227	24,809	25,205	22,929
Beds	70	70	84	84	84	84
Employees (FTE)	135	134	141	143	152	154

Source: CMS cost report (HCRIS, Form 2552-10), report 835981, settled without audit. Hospitals report these figures themselves; they are not audited financial statements.

Departments

Each cost center Options Behavioral Health System reports, largest first. Total cost includes its share of overhead; the cost-to-charge ratio is total cost / charges.

Show all 7 departments

Ancillary and outpatient departments

Department	Salaries	Total cost	Charges	Cost-to-charge
Clinic	$62,029	$916,047	$691,500	1.32
Drugs charged to patients		$665,755	$125,032	5.32
Laboratory		$3,602	$1,335	2.70

Inpatient units

Department	Salaries	Total cost	Charges	Cost-to-charge	Square feet
Adults & pediatrics	$2.7M	$11.5M	$26M	0.44	33,822

Overhead (general service) departments

Department	Salaries	Direct cost	Square feet
Administrative & general	$4.2M	$7.1M	11,111
Employee benefits department	$116,346	$1.3M
Cap rel costs-bldg & fixt		$963,146	44,933

Source: CMS cost report (HCRIS, Form 2552-10), report 835981, settled without audit. Hospitals report these figures themselves; they are not audited financial statements. Worksheets A, B-1, C Part I and S-3 Part II.

Frequently asked questions

About Options Behavioral Health System's rates and hospital price transparency.

How many patients does Options Behavioral Health System admit?

Options Behavioral Health System reported 1,252 inpatient discharges and 8,660 inpatient days from Jan 1, 2025 to Sep 30, 2025.

How many employees does Options Behavioral Health System have?

Options Behavioral Health System reported 115 full-time-equivalent employees on payroll from Jan 1, 2025 to Sep 30, 2025.

How much revenue does Options Behavioral Health System make?

Options Behavioral Health System reported $10.1M in net patient revenue on $26.8M of gross charges for Jan 1, 2025 to Sep 30, 2025, an operating margin of -51.6%, and net income of -$5.2M.

What is Options Behavioral Health System's tax ID (EIN)?

Insurers' price transparency files list Options Behavioral Health System under employer identification number 03-0512678 (Options Treatment Center Acquisition Corporation). 46 health plans and networks list 03-0512678 for it.

What services does Options Behavioral Health System offer?

CMS lists 9 services at Options Behavioral Health System, including Adult Inpatient Psychiatric Care, Clinical Laboratory, Diagnostic Radiology, Dietary Care, Geriatric Psychiatric, Gerontological Specialty.

How many beds does Options Behavioral Health System have?

Options Behavioral Health System has 84 beds, including its psychiatric, rehabilitation and other subprovider units, in its latest Medicare cost report. Facility type: Psychiatric Hospital.

Where is Options Behavioral Health System and what is its phone number?

Options Behavioral Health System is located at 5602 Caito Drive, Indianapolis, IN 46226. Its main phone number is (317) 544-4340.

What is Options Behavioral Health System's CCN (Medicare provider number)?

Options Behavioral Health System's CMS Certification Number (CCN), also called its Medicare provider number, is 154057.

What is Options Behavioral Health System's NPI number?

The National Provider Identifier (NPI) on file for Options Behavioral Health System is 1740373323.

What is a hospital price transparency MRF?

Under 45 CFR Part 180, every US hospital must publish a machine-readable file of its standard charges, including gross charges, discounted cash prices and payer-specific negotiated rates, in the CMS template format. PayerPrice can help hospitals publish and maintain these files.

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Compliance MRF

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We turn your chargemaster and payer contracts into the CMS template file, then keep it current as rates change.

CMS v3 example: standard_charge_information[0]

{
  "description": "MRI of brain (no contrast)",
  "code_information": [
    { "code": "611", "type": "RC" },
    { "code": "70551", "type": "CPT" }
  ],
  "standard_charges": [{
    "setting": "outpatient",
    "minimum": 250,
    "maximum": 400,
    "gross_charge": 1200,
    "discounted_cash": 1080,
    "payers_information": [
      {
        "payer_name": "Platform Health Insurance",
        "plan_name": "PPO",
        "methodology": "fee schedule",
        "standard_charge_dollar": 400
      },
      {
        "payer_name": "Region Health Insurance",
        "plan_name": "HMO",
        "methodology": "fee schedule",
        "standard_charge_dollar": 250
      }
    ]
  }]
}

CMS template layout, in JSON or CSV
Gross, discounted cash, payer-specific and de-identified min / max charges
cms-hpt.txt file and homepage footer link
Refreshed when your contracts change

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Chargemaster analysis

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Your chargemaster sets the gross charge on every claim, and many payer contracts base payment on it through percent-of-charge, lesser-of and stop-loss terms. We audit it line by line and show how your charges and negotiated rates compare with peer hospitals before your next negotiation.

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CPT, HCPCS, revenue code and modifier errors flagged line by line
Missing, duplicate and outdated charge lines identified
Charges set below payer allowables caught before lesser-of clauses cut payment
Revenue impact of charge changes modeled across percent-of-charge and stop-loss terms
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About this hospital

Negotiated Rates

Insurance Accepted

More about this hospital

Tax IDs and NPIs insurers list

Location

Accreditation and services

9 services at Options Behavioral Health System

Size and patient volume

Utilization by payer and unit

Beds and days by unit

Income statement

Gross revenue by payer

Financial ratios

Balance sheet

Financial trend

Departments

Ancillary and outpatient departments

Inpatient units

Overhead (general service) departments

Nearby hospitals

Frequently asked questions

Running price transparency at a hospital like this one?

Publish a CMS-compliant machine-readable file

Get your chargemaster right for billing and payer contracts