Velarion Records

Psychiatric hospital · Lisbon, New Jersey · 30 beds · CMS certification number 314023

Behavioral Health at Buttonwood

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS June 3, 2026. 30 years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$37.7M
$37,739,122 · G-3 line 3
Operating expenses
$36.1M
$36,050,409 · G-3 line 4
Result from patient care
$1.7M
$1,688,713 · G-3 line 5
Margin on patient care
4.5%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $11.0M in its first year on file (1996) to $37.7M in 2025.
  • Its result from patient care: −$725K (2023), $866K (2024), $1.7M (2025).
  • 1 of the 5 psychiatric hospital peers below with a margin on file also reports a gain on patient care for fiscal year 2025.
  • AVRAHAM R FEIGENBAUM holds 17% of it, on its Medicare enrollment.

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

30 years of filings

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

Net patient revenueOperating expenses
1996
settled
$11.0M
$16.2M
1997
settled with audit
$12.0M
$15.0M
1998
settled
$11.9M
$14.5M
1999
settled
$11.6M
$14.9M
2000
settled
$11.2M
$15.6M
2001
settled
$13.3M
$15.5M
2002
settled
$13.5M
$15.5M
2003
settled
$14.5M
$17.2M
2004
settled
$13.7M
$17.6M
2005
settled
$17.6M
$18.0M
2006
settled
$17.1M
$19.2M
2007
settled
$17.9M
$21.9M
2008
settled
$19.8M
$24.3M
2009
settled with audit
$19.8M
$23.0M
2010
settled
$19.8M
$23.3M
2011
settled
$19.2M
$24.8M
2012
settled
$7.8M
$5.9M
2013
settled
$21.7M
$17.0M
2014
settled
$23.2M
$20.9M
2015
settled
$22.6M
$22.0M
2016
settled
$24.2M
$25.1M
2017
settled
$25.6M
$25.8M
2018
settled
$25.6M
$22.1M
2019
settled
$29.6M
$25.3M
2020
settled
$23.9M
$26.4M
2021
settled
$27.0M
$27.9M
2022
settled
$26.2M
$29.6M
2023
settled
$29.1M
$29.9M
2024
settled
$33.6M
$32.7M
2025
as submitted
$37.7M
$36.1M

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
Behavioral Health at Buttonwood30$37,739,122$36,050,4094.5%
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%
Saint Barnabas Behavioral Health Center, Toms River40$15,548,258$14,543,7446.5%
Rutgers Health - University Behavioral Health Care, Piscataway64$35,267,548$161,192,969−357.1%

Patients and payers

Discharges
2,234
S-3 line 14, col 15
Inpatient days
10,095
S-3 line 14, col 8
Beds in use, on an average day
27.7
days ÷ days in year
Occupancy
92.2%
days ÷ bed days
Medicare share of days
14.0%
S-3 cols 6 ÷ 8

Who owns it

  • AVRAHAM R FEIGENBAUM17%
  • DEBORAH F FEIGENBAUM14%
  • ELLIOT SINGER12%
  • JOSEPH MEISELS12%
  • MICHAEL BERMAN11%
  • SHEMON SINGER11%
  • ZALMAN L DREW10%

Related organizations on its own cost report: ASPEN HILLS HEATHCARE CTR LLC (100%), realty; ASPEN HILLS HEALTHCARE CTR LLC (100%), purchasing; ASPEN HILLS HEALTHCARE CTR LLC (100%), corporate services; ASPEN HILLS HEALTHCARE CTR LLC (100%), health insurance.

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 314023. 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 3, 2026.