Velarion Records

Psychiatric hospital · Conroe, Texas · 64 beds · CMS certification number 454158

Voyages of Conroe

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2024, settled, stamped by CMS February 21, 2025. Two years on file, every one shown below.

Fiscal 2024 at a glance

Net patient revenue
$7.3M
$7,290,867 · G-3 line 3
Operating expenses
$11.1M
$11,091,992 · G-3 line 4
Result from patient care
−$3.8M
−$3,801,125 · G-3 line 5
Margin on patient care
−52.1%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $7.3M in its first year on file (2024) to $16.1M in 2025.
  • Its result from patient care: −$3.8M (2024), −$439K (2025).
  • 3 of the 5 psychiatric hospital peers below with a margin on file also report a loss on patient care for fiscal year 2024.

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

Two years of filings

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

Net patient revenueOperating expenses
2024
settled
$7.3M
$11.1M
2025
as submitted
$16.1M
$16.5M

Beside its peers

Psychiatric hospitals in Texas with 50 to 99 beds, each on fiscal year 2024.

HospitalBedsNet patient revenueOperating expensesMargin
Voyages of Conroe64$7,290,867$11,091,992−52.1%
Canyon Creek Behavioral Health, Temple70$14,305,589$18,393,489−28.6%
Cedar Crest Hospital & RTC, Belton68$36,455,722$30,868,69715.3%
Haven Behavioral Hospital of Frisco, Frisco70$2,354,427$3,228,358−37.1%
Oceans Behavioral Hospital of the Permian Basin, Midland62$15,462,549$12,792,65917.3%
Voyages Behavioral Health of Sugar Land, Sugar Land60$13,717,256$15,081,715−10.0%

Patients and payers

Discharges
618
S-3 line 14, col 15
Inpatient days
8,153
S-3 line 14, col 8
Beds in use, on an average day
23.2
days ÷ days in year
Occupancy
36.2%
days ÷ bed days
Medicare share of days
24.9%
S-3 cols 6 ÷ 8

Who owns it

Indirect owners: ANDREW HARDIN; BRITTANY MISITANO; PAM CUBED LLC; VOYAGES BEHAVIORAL HEALTH LLC

Related organizations on its own cost report: PAM CUBED LLC (100%), healthcare.

Other hospitals with the same owner: Pam Health Rehabilitation Hospital of Surprise (AZ), Pam Specialty Hospital of Denver (CO), Cobalt Rehabilitation Hospital Denver (CO), Pam Rehabilitation Hospital of Greeley (CO), Pam Rehabilitation Hospital of Dover (DE), Pam Health Rehabilitation Hospital of Georgetown (DE), Pam Health Specialty Hospital of Jacksonville (FL), Pam Specialty Hospital of Sarasota (FL), Pam Rehabilitation Hospital of Tavares (FL), Pam Health Rehabilitation Hospital of Jupiter (FL), Pam Health Rehabilitation Hospital of Venice (FL), Pam Health Rehabilitation Hospital of Greater Indiana (IN).

Type of control on its cost report: proprietary, partnership.

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 HOSP10FY2023.ZIP, form CMS-2552-10, filed under CMS certification number 454158. 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 HOSP10FY2023.ZIP, read February 21, 2025.