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Psychiatric hospital · Waco, Texas · 48 beds · CMS certification number 454150

Oceans Behavioral Hospital of Waco

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS June 22, 2026. Six years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$13.4M
$13,412,776 · G-3 line 3
Operating expenses
$13.5M
$13,465,638 · G-3 line 4
Result from patient care
−$53K
−$52,862 · G-3 line 5
Margin on patient care
−0.4%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $3.6M in its first year on file (2020) to $13.4M in 2025.
  • Its result from patient care: $27K (2023), $1.0M (2024), −$53K (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.
  • OCEANS ACQUISITION INC holds 100% of it, on its Medicare enrollment.

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

Six years of filings

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

Net patient revenueOperating expenses
2020
settled
$3.6M
$6.6M
2021
settled
$9.4M
$9.7M
2022
settled
$12.5M
$11.5M
2023
settled
$11.8M
$11.8M
2024
as submitted
$13.6M
$12.5M
2025
as submitted
$13.4M
$13.5M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
Oceans Behavioral Hospital of Waco48$13,412,776$13,465,638−0.4%
Ascension Seton Shoal Creek, Austin54$8,353,802$17,855,327−113.7%
Glen Oaks Hospital, Greenville54$15,312,130$14,455,5645.6%
Ocean Behavioral Hospital of Katy, Katy48$18,279,431$14,351,14421.5%
Rio Grande State Center, Harlingen55$16,847,212$27,022,397−60.4%
Wellbridge Healthcare Fort Worth, Fort Worth48$10,944,011$12,399,959−13.3%

Patients and payers

Discharges
1,345
S-3 line 14, col 15
Inpatient days
14,329
S-3 line 14, col 8
Beds in use, on an average day
39.4
days ÷ days in year
Occupancy
81.8%
days ÷ bed days
Medicare share of days
18.1%
S-3 cols 6 ÷ 8

Who owns it

  • OCEANS ACQUISITION INC100%
  • OCEANS BUYER, INC.100%
  • OCEANS MIDCO, INC.100%
  • OCEANS TOPCO, INC.100%
  • OCEANS ULTIMATE HOLDCO, LP100%
  • WEBSTER EQUITY PARTNERS V, LP50%
  • WEBSTER OCEANS CO-INVESTMENT FUND, LP33%
  • WASQUE PARTNERS II SPE, LP9%
  • OCEANS ULTIMATE HOLDCO GP, LLC1%

Related organizations on its own cost report: OCEANS HEALTHCA, management; OCEANS HEALTHCA, management; OCEANS INTAKE G, management; OCEANS PHARMACY, pharmacy.

Other hospitals with the same owner: Haven Behavioral Hospital of Phoenix (AZ), Cottonwood Creek Behavioral Hospital (ID), Oceans Hospital Broussard (LA), Oceans Behavioral Hospital of Deridder (LA), Oceans Behavioral Hospital of Baton Rouge (LA), Oceans Behavioral Hospital of Lake Charles (LA), Oceans Behavioral Hospital of Hammond (LA), Oceans Behavioral Hospital of Opelousas (LA), Oceans Behavioral Hospital of Alexandria (LA).

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 454150. 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 22, 2026.