Velarion Records

Psychiatric hospital · Sylvania, Ohio · 23 beds · CMS certification number 364066

Assurance Health Toledo

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, settled, stamped by CMS July 24, 2026. Four years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$4.7M
$4,662,466 · G-3 line 3
Operating expenses
$5.3M
$5,284,578 · G-3 line 4
Result from patient care
−$622K
−$622,112 · G-3 line 5
Margin on patient care
−13.3%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $3.0M in its first year on file (2022) to $4.7M in 2025.
  • Its result from patient care: −$683K (2023), −$1.1M (2024), −$622K (2025).
  • 3 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 2.0% of its inpatient days and Medicare for 46.1%.
  • ASSURANCE HEALTH SYSTEM LLC holds 80% of it, on its Medicare enrollment.

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

Four years of filings

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

Net patient revenueOperating expenses
2022
settled
$3.0M
$5.2M
2023
settled
$5.4M
$6.1M
2024
settled
$5.0M
$6.1M
2025
settled
$4.7M
$5.3M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
Assurance Health Toledo23$4,662,466$5,284,578−13.3%
Assurance Health Cincinnati, Cincinnati28$6,872,547$6,114,73411.0%
Assurance Health Hudson, Hudson23$5,914,106$6,075,375−2.7%
Lindner Center of Hope, Mason32$41,948,181$48,140,301−14.8%
Mental Health Services for Clark and Madison Counties, Springfield16$12,218,479$14,392,989−17.8%
Sojourn at Seneca Senior Behavioral Health Hospital, Tiffin24$7,078,254$6,668,7145.8%

Patients and payers

Discharges
310
S-3 line 14, col 15
Inpatient days
4,844
S-3 line 14, col 8
Beds in use, on an average day
13.3
days ÷ days in year
Occupancy
57.7%
days ÷ bed days
Medicare share of days
46.1%
S-3 cols 6 ÷ 8
Medicaid share of days
2.0%
S-3 cols 7 ÷ 8

Who owns it

  • ASSURANCE HEALTH SYSTEM LLC80%
  • ASSURANCE HEALTH TOLEDO LLC20%

Other hospitals with the same owner: Assurance Health Indianapolis (IN), Anew Health (KS), Assurance Health Cincinnati (OH), Assurance Health Hudson (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 364066. 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 July 24, 2026.