Psychiatric hospital · Baton Rouge, Louisiana · 64 beds · CMS certification number 194103
Seaside Health System
Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended September 30, 2025, as submitted, stamped by CMS March 17, 2026. Fourteen years on file, every one shown below.
Fiscal 2025 at a glance
What stands out
- Net patient revenue rose from $13.5M in its first year on file (2012) to $16.4M in 2025.
- Its result from patient care: $264K (2023), −$145K (2024), $46K (2025).
- 4 of the 5 psychiatric hospital peers below with a margin on file also report a gain on patient care for fiscal year 2025.
- SEASIDE HEALTHCARE BH LLC holds 100% of it, on its Medicare enrollment.
Every statement is drawn from figures on this page; nothing is estimated.
Fourteen years of filings
Net patient revenue against operating expenses, each year as filed.
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as submitted
Beside its peers
Psychiatric hospitals in Louisiana with 50 to 99 beds, each on fiscal year 2025.
| Hospital | Beds | Net patient revenue | Operating expenses | Margin |
|---|---|---|---|---|
| Seaside Health System | 64 | $16,414,075 | $16,368,176 | 0.3% |
| Vermilion Behavioral Health Systems, Lafayette | 78 | $19,046,817 | $19,978,847 | −4.9% |
| Freedom Behavioral Hospital of Bastrop, Bastrop | 60 | $19,101,585 | $13,160,169 | 31.1% |
| Louisiana Behavioral Health, Shreveport | 89 | $23,743,990 | $23,358,138 | 1.6% |
| Oceans Behavioral Hospital of Baton Rouge, Baton Rouge | 60 | $19,927,907 | $17,678,423 | 11.3% |
| Oceans Behavioral Hospital of Greater New Orleans, Kenner | 82 | $24,357,514 | $20,976,925 | 13.9% |
Patients and payers
- Discharges
- 1,386S-3 line 14, col 15
- Inpatient days
- 9,089S-3 line 14, col 8
- Beds in use, on an average day
- 25.0days ÷ days in year
- Occupancy
- 38.9%days ÷ bed days
- Medicare share of days
- 8.0%S-3 cols 6 ÷ 8
Who owns it
- SEASIDE HEALTHCARE BH LLC100%
- SEASIDE MANAGEMENT, LLC100%
- PHILIPSON FAMILY LIMITED LIABILITY COMPANY, LLC40%
- RAP FAMILY TRUST40%
- AGRP 2011 TRUST20%
- DEBORAH PHILIPSON 2011 FAMILY TRUST20%
- DANIEL SCHAFFER15%
- JEREMIE PARITZKY5%
Related organizations on its own cost report: SEASIDE HEALTH (100%), home office; HEALTHCARE RESI (100%), affiliated part.
Other hospitals with the same owner: Sojourn at Seneca Senior Behavioral Health Hospital (OH).
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 194103. 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 March 17, 2026.