Velarion Records

Psychiatric hospital · New Baltimore, Michigan · 164 beds · CMS certification number 234021

Harbor Oaks Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2025, as submitted, stamped by CMS December 11, 2025. 29 years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$68.3M
$68,266,958 · G-3 line 3
Operating expenses
$50.7M
$50,653,743 · G-3 line 4
Result from patient care
$17.6M
$17,613,215 · G-3 line 5
Margin on patient care
25.8%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $7.7M in its first year on file (1997) to $68.3M in 2025.
  • Its result from patient care: $9.9M (2023), $14.9M (2024), $17.6M (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 61.7% of its inpatient days and Medicare for 5.7%.
  • ACADIA HEALTHCARE COMPANY 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
$7.7M
$7.3M
1998
reopened
$7.3M
$7.2M
1999
reopened
$7.5M
$6.5M
2000
reopened
$8.2M
$8.0M
2001
reopened
$9.5M
$8.7M
2002
settled
$9.2M
$8.4M
2003
settled
$8.9M
$8.8M
2004
reopened
$9.4M
$9.3M
2005
settled
$9.7M
$10.0M
2006
reopened
$9.2M
$10.4M
2007
reopened
$9.4M
$10.6M
2008
settled
$10.0M
$10.5M
2009
settled
$8.4M
$9.7M
2010
settled
$10.3M
$10.0M
2011
settled
$14.7M
$12.9M
2012
settled
$15.6M
$13.2M
2013
settled
$17.4M
$12.8M
2014
settled
$18.9M
$13.2M
2015
settled
$23.0M
$15.0M
2016
settled
$23.9M
$16.0M
2017
settled
$26.5M
$19.2M
2018
settled
$27.8M
$20.8M
2019
settled
$30.2M
$22.8M
2020
settled
$33.8M
$26.9M
2021
settled
$42.1M
$33.6M
2022
settled
$48.5M
$39.3M
2023
settled
$51.5M
$41.6M
2024
settled
$61.0M
$46.1M
2025
as submitted
$68.3M
$50.7M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
Harbor Oaks Hospital164$68,266,958$50,653,74325.8%
Metropolitan Behavioral Health, Dearborn130$54,213,934$40,152,71225.9%
Henry Ford Health Behavioral Health Hospital, West Bloomfield184$37,244,296$35,859,7743.7%
Kalamazoo Psychiatric Hospital, Kalamazoo125$55,869,518$68,806,783−23.2%
Pine Rest Christian Mental Health Services, Grand Rapids198$214,278,724$242,858,280−13.3%
Stonecrest Center, Detroit182$82,020,865$62,672,74823.6%

Patients and payers

Discharges
4,705
S-3 line 14, col 15
Inpatient days
53,466
S-3 line 14, col 8
Beds in use, on an average day
146.9
days ÷ days in year
Occupancy
89.3%
days ÷ bed days
Medicare share of days
5.7%
S-3 cols 6 ÷ 8
Medicaid share of days
61.7%
S-3 cols 7 ÷ 8

Who owns it

  • ACADIA HEALTHCARE COMPANY INC100%
  • ACADIA HEALTHCARE INTERMEDIATE HOLDINGS LLC100%
  • ACUTE BH SERVICES LLC100%
  • ACUTE MIDWEST HOLDCO LLC100%

Related organizations on its own cost report: ACADIA HEALTHCA, healthcare.

Other hospitals with the same owner: Sonora Behavioral Health Hospital (AZ), Oasis Behavioral Health Hospital (AZ), Agave Ridge Behavioral Hospital (AZ), Vantage Point of Northwest Arkansas (AR), Valley Behavioral Health System (AR), Riverview Behavioral Health (AR), Conway Behavioral Health (AR), Pacific Grove Hospital (CA), San Jose Behavioral Health (CA), West Pines Behavioral Hospital (CO), Meadowwood Behavioral Health (DE).

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 HOSP10FY2024.ZIP, form CMS-2552-10, filed under CMS certification number 234021. 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 11, 2025.