Velarion Records

Psychiatric hospital · Lexington, Kentucky · 110 beds · CMS certification number 184009

Ridge Behavioral Health System

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, settled, stamped by CMS August 13, 2026. 29 years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$45.4M
$45,427,641 · G-3 line 3
Operating expenses
$23.8M
$23,778,361 · G-3 line 4
Result from patient care
$21.6M
$21,649,280 · G-3 line 5
Margin on patient care
47.7%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $8.0M in its first year on file (1997) to $45.4M in 2025.
  • Its result from patient care: $18.5M (2023), $21.7M (2024), $21.6M (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.
  • Medicaid paid for 1.2% of its inpatient days and Medicare for 2.4%.
  • UNIVERSAL HEALTH SERVICES INC holds 100% of it, on its Medicare enrollment.

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

29 years of filings

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

Net patient revenueOperating expenses
1997
reopened
$8.0M
$10.0M
1998
settled
$9.6M
$9.3M
1999
settled
$9.6M
$10.8M
2000
settled
$8.5M
$8.9M
2001
reopened
$8.3M
$8.1M
2002
settled
$9.1M
$8.7M
2003
settled
$10.8M
$10.3M
2004
settled
$13.2M
$11.4M
2005
settled
$13.9M
$11.9M
2006
settled
$15.4M
$12.8M
2007
settled
$16.0M
$12.5M
2008
reopened
$15.4M
$12.3M
2009
reopened
$17.4M
$13.6M
2010
settled
$17.9M
$13.9M
2011
settled
$17.6M
$13.9M
2012
settled
$18.1M
$14.8M
2013
reopened
$17.4M
$13.0M
2014
settled
$17.7M
$13.4M
2015
settled
$18.9M
$14.6M
2016
settled
$17.8M
$15.3M
2017
settled
$18.4M
$16.3M
2018
settled
$19.3M
$17.5M
2019
settled
$21.0M
$19.4M
2020
settled
$26.3M
$19.7M
2021
settled
$51.3M
$19.9M
2022
settled
$38.3M
$21.3M
2023
settled
$44.2M
$25.7M
2024
settled
$46.5M
$24.8M
2025
settled
$45.4M
$23.8M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
Ridge Behavioral Health System110$45,427,641$23,778,36147.7%
Eastern State Hospital, Lexington195$48,209,699$68,135,711−41.3%
Cumberland Hall Hospital, Hopkinsville97$24,738,224$19,078,12722.9%
Lincoln Trail Behavioral Health Sysetm, Radcliff90$44,204,738$24,175,11345.3%
Sun Behavioral Health, Erlanger197$80,472,229$52,923,17134.2%
Western State Hospital, Hopkinsville163$11,510,405$76,708,823−566.4%

Patients and payers

Discharges
3,355
S-3 line 14, col 15
Inpatient days
24,064
S-3 line 14, col 8
Beds in use, on an average day
66.1
days ÷ days in year
Occupancy
59.9%
days ÷ bed days
Medicare share of days
2.4%
S-3 cols 6 ÷ 8
Medicaid share of days
1.2%
S-3 cols 7 ÷ 8

Who owns it

  • UNIVERSAL HEALTH SERVICES INC100%
  • ALAN B MILLER87%

Related organizations on its own cost report: UHS, hosp mgmnt.

Other hospitals with the same owner: 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), Corona 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).

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 184009. 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 August 13, 2026.