Velarion Records

Psychiatric hospital · Mishawaka, Indiana · 48 beds · CMS certification number 154061

Medical Behavioral Hospital-Mishawaka

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS June 15, 2026. Eleven years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$15.2M
$15,166,635 · G-3 line 3
Operating expenses
$10.9M
$10,893,968 · G-3 line 4
Result from patient care
$4.3M
$4,272,667 · G-3 line 5
Margin on patient care
28.2%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $8.3M in its first year on file (2015) to $15.2M in 2025.
  • Its result from patient care: $4.4M (2023), $4.8M (2024), $4.3M (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.
  • Medicaid paid for 6.7% of its inpatient days and Medicare for 24.0%.
  • NEUROPYCHIATRIC HOSPITALS LLC holds 100% of it, on its Medicare enrollment.

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

Eleven years of filings

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

Net patient revenueOperating expenses
2015
settled
$8.3M
$8.0M
2016
settled
$8.6M
$8.0M
2017
settled
$8.5M
$8.5M
2018
settled
$8.8M
$7.9M
2019
settled
$7.8M
$8.2M
2020
settled
$6.5M
$8.3M
2021
settled
$7.4M
$9.7M
2022
settled
$8.9M
$11.0M
2023
settled
$14.3M
$9.9M
2024
settled
$15.6M
$10.8M
2025
as submitted
$15.2M
$10.9M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
Medical Behavioral Hospital-Mishawaka48$15,166,635$10,893,96828.2%
Assurance Health Indianapolis, Indianapolis43$14,800,181$12,049,90218.6%
Brentwood Springs, Newburgh48$13,101,110$16,089,682−22.8%
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%
Sycamore Springs, Lafayette48$18,030,565$17,225,2484.5%

Patients and payers

Discharges
1,162
S-3 line 14, col 15
Inpatient days
15,158
S-3 line 14, col 8
Beds in use, on an average day
41.6
days ÷ days in year
Occupancy
86.5%
days ÷ bed days
Medicare share of days
24.0%
S-3 cols 6 ÷ 8
Medicaid share of days
6.7%
S-3 cols 7 ÷ 8

Who owns it

  • NEUROPYCHIATRIC HOSPITALS LLC100%
  • NPH HOLDINGS LLC100%

Related organizations on its own cost report: PMEL CO LLC (100%), home office.

Other hospitals with the same owner: Phoenix Medical Psychiatric Hospital (AZ), Doctors Neuropsychiatric Hospital (IN), Neuropsychiatric Hospital of Indianapolis (IN), Neurobehavioral Hospital (IN), Medical Behavioral Hospital of Indianapolis (IN), Kalamazoo Behavioral Health Hospital (MI), Medical Behavioral Hospital of Clear Lake (TX).

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

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 Indiana

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 HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 154061. 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 15, 2026.