Velarion Records

Psychiatric hospital · Newburgh, Indiana · 48 beds · CMS certification number 154055

Brentwood Springs

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, settled, stamped by CMS July 17, 2026. Sixteen years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$13.1M
$13,101,110 · G-3 line 3
Operating expenses
$16.1M
$16,089,682 · G-3 line 4
Result from patient care
−$3.0M
−$2,988,572 · G-3 line 5
Margin on patient care
−22.8%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $1.8M in its first year on file (2010) to $13.1M in 2025.
  • Its result from patient care: $2.2M (2023), $192K (2024), −$3.0M (2025).
  • 1 of the 5 psychiatric hospital peers below with a margin on file also reports a loss on patient care for fiscal year 2025.
  • Medicaid paid for 11.4% of its inpatient days and Medicare for 5.2%.
  • DSB ACQUISITION LLC holds 100% of it, on its Medicare enrollment.

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

Sixteen years of filings

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

Net patient revenueOperating expenses
2010
settled
$1.8M
$1.9M
2011
settled
$6.5M
$7.1M
2012
settled
$7.5M
$7.8M
2013
settled
$7.1M
$7.8M
2014
settled
$7.1M
$8.5M
2015
settled
$8.8M
$8.8M
2016
settled
$11.9M
$10.2M
2017
settled
$11.1M
$10.5M
2018
settled
$10.8M
$10.6M
2019
settled
$12.5M
$11.6M
2020
settled
$11.0M
$11.7M
2021
settled
$14.1M
$13.4M
2022
settled
$16.3M
$15.5M
2023
settled
$19.2M
$17.0M
2024
settled
$16.5M
$16.3M
2025
settled
$13.1M
$16.1M

Beside its peers

Psychiatric hospitals in Indiana with 25 to 49 beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Brentwood Springs48$13,101,110$16,089,682−22.8%
Assurance Health Indianapolis, Indianapolis43$14,800,181$12,049,90218.6%
Doctors Neuropsychiatric Hospital, Bremen47$14,080,852$11,207,27520.4%
Ethan Crossing Addiction Campus of Indianapolis, Indianapolis41$14,624,065$17,874,487−22.2%
Medical Behavioral Hospital-Mishawaka, Mishawaka48$15,166,635$10,893,96828.2%
Sycamore Springs, Lafayette48$18,030,565$17,225,2484.5%

Patients and payers

Discharges
1,840
S-3 line 14, col 15
Inpatient days
12,327
S-3 line 14, col 8
Beds in use, on an average day
33.9
days ÷ days in year
Occupancy
70.4%
days ÷ bed days
Medicare share of days
5.2%
S-3 cols 6 ÷ 8
Medicaid share of days
11.4%
S-3 cols 7 ÷ 8

Who owns it

  • DSB ACQUISITION LLC100%
  • LIFEPOINT BEHAVIORAL HEALTH, LLC100%
  • LIFEPOINT HEALTH INC100%
  • LIFEPOINT REHAB BLOCKER LLC100%
  • LIFEPOINT REHAB BLOCKER PARENT LLC100%
  • LIFEPOINT REHAB LLC100%
  • LPNT AUTUMN HOLDCO, LLC100%
  • SPRINGSTONE HEALTH OPCO, LLC100%

Related organizations on its own cost report: LIFEPOINT HEALT, hospital mgt.

Other hospitals with the same owner: North Alabama Medical Center (AL), Shoals Hospital (AL), Canyon Vista Medical Center (AZ), Havasu Regional Medical Center (AZ), Valley View Medical Center (AZ), Dignity Health East Valley Rehabilitation Hospital (AZ), Dignity Health East Valley Rehabilitation Hospital-Gilbert (AZ), Copper Springs - East (AZ), El Dorado Springs (AZ).

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).

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 154055. 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 July 17, 2026.