Velarion Records

Psychiatric hospital · Naples, Florida · 87 beds · CMS certification number 104063

Axiom Behavioral Health at Naples

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, settled, stamped by CMS June 24, 2026. 30 years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$3.7M
$3,656,424 · G-3 line 3
Operating expenses
$5.0M
$5,009,651 · G-3 line 4
Result from patient care
−$1.4M
−$1,353,227 · G-3 line 5
Margin on patient care
−37.0%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $9.7M in its first year on file (1996) to $3.7M in 2025.
  • Its result from patient care: −$72K (2023), −$2.2M (2024), −$1.4M (2025).
  • 3 of the 5 psychiatric hospital peers below with a margin on file also report a loss on patient care for fiscal year 2025.
  • AXIOM HEALTH OPCO HOLDCO LLC holds 100% of it, on its Medicare enrollment.

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

30 years of filings

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

Net patient revenueOperating expenses
1996
reopened
$9.7M
$9.7M
1997
reopened
$8.9M
$9.4M
1998
reopened
$5.8M
$7.7M
1999
reopened
$4.4M
$6.7M
2000
reopened
$7.5M
$7.6M
2001
reopened
$9.5M
$9.5M
2002
settled with audit
$11.5M
$11.2M
2003
settled with audit
$9.9M
$9.4M
2004
settled
$8.3M
$7.8M
2005
settled
$7.5M
$8.2M
2006
settled
$9.5M
$9.3M
2007
settled
$10.4M
$11.3M
2008
settled
$13.3M
$12.9M
2009
settled
$14.9M
$13.7M
2010
settled
$14.5M
$14.3M
2011
settled
$18.2M
$18.4M
2012
settled
$19.2M
$19.0M
2013
settled
$17.7M
$18.2M
2014
settled
$15.5M
$15.9M
2015
settled
$15.6M
$15.7M
2016
settled
$16.2M
$15.8M
2017
settled
$16.2M
$13.0M
2018
settled
$18.1M
$12.4M
2019
settled
$17.9M
$12.4M
2020
settled
$17.6M
$13.5M
2021
settled
$15.2M
$12.0M
2022
settled
$11.2M
$10.6M
2023
settled
$8.5M
$8.5M
2024
settled
$6.7M
$8.8M
2025
settled
$3.7M
$5.0M

Beside its peers

Psychiatric hospitals in Florida with 50 to 99 beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Axiom Behavioral Health at Naples87$3,656,424$5,009,651−37.0%
Aspire Health Partners, Orlando90$108,751,839$108,911,935−0.1%
Emerald Coast Behavioral Hospital, Panama City86$30,596,399$28,151,0588.0%
North Port Behavioral Health, North Port96$49,960$3,866,684−7639.6%
River Point Behavioral Health, Jacksonville84$20,593,617$17,723,98413.9%
The Vines Hospital, Ocala98$18,072,666$19,934,111−10.3%

Patients and payers

Discharges
451
S-3 line 14, col 15
Inpatient days
4,486
S-3 line 14, col 8
Beds in use, on an average day
24.5
days ÷ days in year
Occupancy
14.1%
days ÷ bed days
Medicare share of days
22.4%
S-3 cols 6 ÷ 8

Who owns it

  • AXIOM HEALTH OPCO HOLDCO LLC100%
  • 1026 ENTERPRISES II LLC80%
  • 10-26 NATIONWIDE TR76%
  • BANJO HEALTHCARE MANAGEMENT LLC20%
  • BENJAMIN TEITELBAUM10%
  • JOSEPH BERNFELD10%

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 104063. 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 24, 2026.