Velarion Records

Psychiatric hospital · Cullman, Alabama · 40 beds · CMS certification number 014016

The Sanctuary at the Woodlands

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS June 3, 2026. Fifteen years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$9.8M
$9,826,389 · G-3 line 3
Operating expenses
$7.9M
$7,942,236 · G-3 line 4
Result from patient care
$1.9M
$1,884,153 · G-3 line 5
Margin on patient care
19.2%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $2.6M in its first year on file (2011) to $9.8M in 2025.
  • Its result from patient care: $15K (2023), $2.2M (2024), $1.9M (2025).
  • 3 of the 5 psychiatric hospital peers below with a margin on file also report a gain on patient care for fiscal year 2025.
  • ALABAMA PSYCH OPERATIONS HOLDINGS LLC holds 100% of it, on its Medicare enrollment.

Every statement is drawn from figures on this page; nothing is estimated.

Fifteen years of filings

Net patient revenue against operating expenses, each year as filed.

Net patient revenueOperating expenses
2011
settled
$2.6M
$2.5M
2012
settled
$4.2M
$4.3M
2013
settled
$4.0M
$4.5M
2014
settled
$3.8M
$5.5M
2015
settled
$5.0M
$5.6M
2016
settled
$5.8M
$5.9M
2017
settled
$4.9M
$5.8M
2018
settled
$5.2M
$6.7M
2019
settled
$5.1M
$6.2M
2020
settled
$3.4M
$5.8M
2021
settled
$2.6M
$5.4M
2022
settled
$919K
$3.2M
2023
settled
$3.6M
$3.6M
2024
settled
$8.6M
$6.5M
2025
as submitted
$9.8M
$7.9M

Beside its peers

Hospitals of the same type (psychiatric hospital), nearest in size, from Alabama first; each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
The Sanctuary at the Woodlands40$9,826,389$7,942,23619.2%
Beacon Children's Hospital, Luverne28$8,047,392$6,508,66419.1%
Unity Psychiatric Care- Huntsville, Hubtsville20$4,335,427$4,769,391−10.0%
Bryce Hospital, Tuscaloosa98$55,863,394$54,487,0692.5%
Eastpointe Hospital, Daphne82$106,384,088$176,756,064−66.1%
Mary Starke Harper Geriatric Psychiatry Center, Tuscaloosa126$30,214,832$30,106,8940.4%

Patients and payers

Discharges
745
S-3 line 14, col 15
Inpatient days
11,089
S-3 line 14, col 8
Beds in use, on an average day
30.5
days ÷ days in year
Occupancy
75.9%
days ÷ bed days
Medicare share of days
45.6%
S-3 cols 6 ÷ 8

Who owns it

  • ALABAMA PSYCH OPERATIONS HOLDINGS LLC100%
  • CH ALABAMA HOLDINGS LLC47%
  • YISROEL E HERZKA47%
  • MS ALABAMA HOLDINGS LLC25%
  • SS ALABAMA HOLDINGS LLC25%

Indirect owners: M MELB OPCO LLC; M MELB OPCO TRUST; S MELB OPCO LLC; S MELB OPCO TRUST

Related organizations on its own cost report: VERTEX FINANCIA (100%), home office.

Type of control on its cost report: proprietary, other.

Owners of 5% or more, from CMS’s hospital ownership file (Medicare enrollment, October 1, 2026).

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 014016. Patients and payers: worksheet S-3 Part I of the same filing. Ownership: CMS Hospital All Owners and Hospital Enrollments.

How this page was built: the CMS Medicare cost report, file HOSP10FY2025.ZIP, read June 3, 2026.