Velarion Records

Psychiatric hospital · Piscataway, New Jersey · 64 beds · CMS certification number 314011

Rutgers Health - University Behavioral Health Care

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2025, as submitted, stamped by CMS December 19, 2025. 29 years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$35.3M
$35,267,548 · G-3 line 3
Operating expenses
$161.2M
$161,192,969 · G-3 line 4
Result from patient care
−$125.9M
−$125,925,421 · G-3 line 5
Margin on patient care
−357.1%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $16.8M in its first year on file (1997) to $35.3M in 2025.
  • Its result from patient care: −$106.4M (2023), −$115.7M (2024), −$125.9M (2025).
  • 4 of the 5 psychiatric hospital peers below with a margin on file also report a loss on patient care for fiscal year 2025.
  • Medicaid paid for 3.3% of its inpatient days and Medicare for 2.1%.

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
settled with audit
$16.8M
$42.4M
1998
settled
$19.6M
$43.1M
1999
reopened
$23.2M
$48.7M
2000
settled
$22.1M
$56.5M
2001
settled with audit
$22.0M
$63.3M
2002
reopened
$28.5M
$72.8M
2003
settled
$31.4M
$76.8M
2004
settled
$30.3M
$81.1M
2005
settled
$30.8M
$70.7M
2006
reopened
$25.0M
$68.7M
2007
settled
$23.4M
$61.3M
2008
settled
$19.7M
$57.4M
2009
settled
$13.7M
$62.4M
2010
settled with audit
$24.0M
$94.9M
2011
settled
$24.9M
$80.9M
2012
settled
$21.3M
$85.3M
2013
settled
$23.8M
$92.1M
2014
settled
$22.2M
$98.5M
2015
settled
$30.7M
$96.0M
2016
settled
$20.7M
$102.2M
2017
settled with audit
$37.3M
$121.1M
2018
settled
$21.5M
$100.9M
2019
settled
$34.0M
$123.5M
2020
reopened
$32.3M
$125.8M
2021
settled
$32.1M
$155.5M
2022
settled
$28.3M
$130.3M
2023
settled
$38.1M
$144.5M
2024
settled
$35.3M
$151.0M
2025
as submitted
$35.3M
$161.2M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
Rutgers Health - University Behavioral Health Care64$35,267,548$161,192,969−357.1%
Hampton Hospital, Westhampton120$46,137,414$40,493,20212.2%
Meadowview Psychiatric Hospital, Secaucus84$31,768,912$42,280,312−33.1%
Mountainview Behavioral Hospital, Berkeley Heights44$1,202,355$7,731,208−543.0%
Ramapo Ridge Psychiatric Hospital, Wyckoff58$90,068,805$104,327,688−15.8%
Summits Oaks Hospital, Summit124$32,883,142$38,057,211−15.7%

Patients and payers

Discharges
1,439
S-3 line 14, col 15
Inpatient days
13,698
S-3 line 14, col 8
Beds in use, on an average day
37.6
days ÷ days in year
Occupancy
58.6%
days ÷ bed days
Medicare share of days
2.1%
S-3 cols 6 ÷ 8
Medicaid share of days
3.3%
S-3 cols 7 ÷ 8

Who owns it

Type of control on its cost report: governmental, state.

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2024.ZIP, form CMS-2552-10, filed under CMS certification number 314011. Patients and payers: worksheet S-3 Part I of the same filing.

How this page was built: the CMS Medicare cost report, file HOSP10FY2024.ZIP, read December 19, 2025.