Psychiatric hospital · Harlingen, Texas · 94 beds · CMS certification number 454141
Palms Behavioral Health
Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS May 27, 2026. Ten years on file, every one shown below.
Fiscal 2025 at a glance
What stands out
- Net patient revenue rose from $5.5M in its first year on file (2017) to $24.0M in 2025.
- Its result from patient care: −$1.3M (2023), $461K (2024), $1.8M (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 0.4% of its inpatient days and Medicare for 2.5%.
- SBHC HOLDINGS LLC holds 100% of it, on its Medicare enrollment.
Every statement is drawn from figures on this page; nothing is estimated.
Ten years of filings
Net patient revenue against operating expenses, each year as filed.
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Beside its peers
Psychiatric hospitals in Texas with 50 to 99 beds, each on fiscal year 2025.
| Hospital | Beds | Net patient revenue | Operating expenses | Margin |
|---|---|---|---|---|
| Palms Behavioral Health | 94 | $23,987,627 | $22,212,988 | 7.4% |
| Medical Behavioral Hospital of Clear Lake, Houston | 92 | $20,784,215 | $20,093,957 | 3.3% |
| Oceans Behavioral Hospital of Abilene, Abilene | 90 | $21,558,627 | $19,855,614 | 7.9% |
| Red River Hospital, Wichita Falls | 96 | $21,976,597 | $18,822,792 | 14.3% |
| Rock Springs, Georgetown | 96 | $14,367,648 | $30,533,141 | −112.5% |
| Woodland Springs, Conroe | 96 | $13,801,362 | $27,646,651 | −100.3% |
Patients and payers
- Discharges
- 3,776S-3 line 14, col 15
- Inpatient days
- 26,464S-3 line 14, col 8
- Beds in use, on an average day
- 72.7days ÷ days in year
- Occupancy
- 77.1%days ÷ bed days
- Medicare share of days
- 2.5%S-3 cols 6 ÷ 8
- Medicaid share of days
- 0.4%S-3 cols 7 ÷ 8
Who owns it
- SBHC HOLDINGS LLC100%
- SPERRY HOLDCO LLC100%
- SUMMIT BEHAVIORAL HEALTHCARE LLC100%
- SUMMIT BEHAVIORAL HOLDINGS I LLC100%
- SUMMIT BEHAVIORAL HOLDINGS LLC100%
- PSC SPERRY BUYER LLC96%
Related organizations on its own cost report: SUMMIT HLTHCARE, hospital mgt.
Other hospitals with the same owner: Peak View Behaviorial Health (CO), Eagle View Behavioral Health (IA), Peak Behavioral Health Services (NM), Carolina Dunes Behavioral Health (NC), Raleigh Oaks Behavioral Health (NC), Creekside Behavioral Health (TN), The Pavilion at Williamsburg Place (VA), Highland Hospital (WV), Willow Creek Behavioral Health (WI), Miramont Behavioral Health (WI).
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 454141. 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 May 27, 2026.