Velarion Records

Psychiatric hospital · Jacksonville, Florida · 120 beds · CMS certification number 104069

Wekiva Springs Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2025, as submitted, stamped by CMS December 15, 2025. Twenty years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$18.9M
$18,856,106 · G-3 line 3
Operating expenses
$17.2M
$17,247,776 · G-3 line 4
Result from patient care
$1.6M
$1,608,330 · G-3 line 5
Margin on patient care
8.5%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $4.7M in its first year on file (2006) to $18.9M in 2025.
  • Its result from patient care: $3.0M (2023), $1.6M (2024), $1.6M (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.
  • PREMIER BEHAVIORAL SOLUTIONS, INC. holds 100% of it, on its Medicare enrollment.

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

Twenty years of filings

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

Net patient revenueOperating expenses
2006
settled
$4.7M
$5.6M
2007
settled
$3.5M
$7.4M
2008
settled
$2.8M
$2.4M
2009
settled
$6.3M
$6.7M
2010
settled
$9.5M
$7.5M
2011
settled
$12.9M
$10.2M
2012
settled
$15.1M
$10.3M
2013
settled
$16.8M
$11.1M
2014
settled
$17.2M
$12.0M
2015
settled
$16.8M
$13.8M
2016
reopened
$21.9M
$17.2M
2017
settled
$23.2M
$17.6M
2018
settled
$23.0M
$17.0M
2019
settled
$25.4M
$20.1M
2020
settled
$17.2M
$15.2M
2021
settled
$16.4M
$14.7M
2022
settled
$20.6M
$18.6M
2023
settled
$22.9M
$19.9M
2024
settled
$17.8M
$16.3M
2025
as submitted
$18.9M
$17.2M

Beside its peers

Psychiatric hospitals in Florida with 100 to 199 beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Wekiva Springs Center120$18,856,106$17,247,7768.5%
Circles of Care, Melbourne148$23,058,706$48,981,317−112.4%
North Tampa Behavioral Health, Wesley Chapel126$26,841,322$27,974,792−4.2%
Park Royal Hospital, Fort Myers126$34,412,874$30,145,86112.4%
Universal Behavioral Center, Orlando112$28,977,216$28,886,7510.3%
Windmoor Healthcare of Clearwater, Clearwater144$29,430,175$28,297,1093.9%

Patients and payers

Discharges
3,384
S-3 line 14, col 15
Inpatient days
23,050
S-3 line 14, col 8
Beds in use, on an average day
63.3
days ÷ days in year
Occupancy
52.5%
days ÷ bed days
Medicare share of days
13.7%
S-3 cols 6 ÷ 8

Who owns it

  • PREMIER BEHAVIORAL SOLUTIONS, INC.100%
  • PSYCHIATRIC SOLUTIONS, INC.100%
  • UNIVERSAL HEALTH SERVICES INC100%
  • ALAN B MILLER87%

Related organizations on its own cost report: UHS, healthcare mgmt.

Other hospitals with the same owner: Hill Crest Behavioral Health Services (AL), Laurel Oaks Behavioral Health Center (AL), North Star Hospital (AK), Valley Hospital (AZ), Palo Verde Behavioral Health (AZ), Quail Run Behavioral Health (AZ), Via Linda Behavioral Hospital (AZ), The Bridgeway (AR), Rivendell Behavioral Health Services of Arkansas (AR), Pinnacle Pointe Behavioral Health System (AR), Springwoods Behavioral Health (AR), Palmdale Regional Medical Center (CA).

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

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

Follow this hospital, free

We send this record now and tell you when it files again.

More psychiatric hospitals in Florida

From the publisher of Velarion Records

Velarion Intel

Independent Decision-Grade Intelligence

Compensation and corporate governance intelligence for advisors, investors and companies. Executive and board pay for public companies, benchmarked against peers.

See what Intel shows

Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2024.ZIP, form CMS-2552-10, filed under CMS certification number 104069. 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 HOSP10FY2024.ZIP, read December 15, 2025.