Velarion Records

Long-term care hospital · Austin, Texas · 39 beds · CMS certification number 452038

Texas Neurorehab Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS June 23, 2026. 29 years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$42.1M
$42,051,484 · G-3 line 3
Operating expenses
$39.3M
$39,322,361 · G-3 line 4
Result from patient care
$2.7M
$2,729,123 · G-3 line 5
Margin on patient care
6.5%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $17.8M in its first year on file (1997) to $42.1M in 2025.
  • Its result from patient care: $3.5M (2023), $4.8M (2024), $2.7M (2025).
  • 1 of the 5 long-term care hospital peers below with a margin on file also reports a gain on patient care for fiscal year 2025.
  • Medicaid paid for 15.2% of its inpatient days and Medicare for 17.7%.
  • PSYCHIATRIC SOLUTIONS HOSPITALS LLC 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
settled
$17.8M
$21.5M
1998
settled
$16.5M
$15.8M
1999
settled with audit
$16.1M
$16.2M
2000
as submitted
$8.1M
$16.8M
2001
settled
$14.2M
$17.4M
2002
settled with audit
$17.6M
$16.7M
2003
settled
$22.2M
$19.1M
2004
settled
$22.9M
$19.2M
2005
settled
$25.2M
$20.9M
2006
settled
$26.4M
$22.4M
2007
settled
$25.5M
$22.8M
2008
settled
$26.9M
$25.3M
2009
settled
$27.6M
$24.3M
2010
as submitted
$31.0M
$26.5M
2011
settled
$31.3M
$32.2M
2012
settled
$33.1M
$26.2M
2013
settled
$33.6M
$26.4M
2014
settled
$34.5M
$27.0M
2015
settled
$32.4M
$27.2M
2016
settled
$33.6M
$28.4M
2017
settled
$33.6M
$29.8M
2018
settled
$35.8M
$31.1M
2019
settled
$35.7M
$31.4M
2020
settled
$34.8M
$30.9M
2021
settled
$36.8M
$33.9M
2022
settled
$38.4M
$33.9M
2023
settled
$38.7M
$35.2M
2024
settled
$41.0M
$36.2M
2025
as submitted
$42.1M
$39.3M

Beside its peers

Long-term care hospitals in Texas with 25 to 49 beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Texas Neurorehab Center39$42,051,484$39,322,3616.5%
Carrus Specialty Hospital, Sherman33$12,813,708$15,516,734−21.1%
Sage Specialty Hospital of Wichita Falls, Wichita Falls31$5,827,207$8,673,968−48.9%
Laredo Specialty Hospital, Laredo40$5,762,529$11,302,765−96.1%
Lifecare Hospitals of North Texas, Dallas40$24,125,569$23,105,5224.2%
Mesquite Specialty Hospital, Mesquite40$13,817,044$18,273,146−32.3%

Patients and payers

Discharges
414
S-3 line 14, col 15
Inpatient days
12,636
S-3 line 14, col 8
Beds in use, on an average day
34.7
days ÷ days in year
Occupancy
88.8%
days ÷ bed days
Medicare share of days
17.7%
S-3 cols 6 ÷ 8
Medicaid share of days
15.2%
S-3 cols 7 ÷ 8

Who owns it

  • PSYCHIATRIC SOLUTIONS HOSPITALS LLC100%
  • PSYCHIATRIC SOLUTIONS, INC.100%
  • UNIVERSAL HEALTH SERVICES INC100%
  • TEXAS HOSPITAL HOLDINGS INC99%
  • ALAN B MILLER87%
  • TEXAS HOSPITAL HOLDINGS LLC1%

Related organizations on its own cost report: UHS, hospitals.

Other hospitals with the same owner: Hill Crest Behavioral Health Services (AL), Laurel Oaks Behavioral Health Center (AL), North Star Hospital (AK), Valley Hospital (AZ), Palo Verde Behavioral Health (AZ), Quail Run Behavioral Health (AZ), Via Linda Behavioral Hospital (AZ), The Bridgeway (AR), Rivendell Behavioral Health Services of Arkansas (AR), Pinnacle Pointe Behavioral Health System (AR), Springwoods Behavioral Health (AR), Palmdale Regional Medical Center (CA).

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 452038. 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 23, 2026.