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Psychiatric hospital · Marysville, Washington · 145 beds · CMS certification number 504012

Smokey Point Behavioral Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS July 14, 2026. Nine years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$44.1M
$44,113,807 · G-3 line 3
Operating expenses
$38.4M
$38,368,891 · G-3 line 4
Result from patient care
$5.7M
$5,744,916 · G-3 line 5
Margin on patient care
13.0%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $4.1M in its first year on file (2017) to $44.1M in 2025.
  • Its result from patient care: $4.9M (2023), $6.6M (2024), $5.7M (2025).
  • 4 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 5.9% of its inpatient days and Medicare for 7.8%.
  • US HEALTHVEST, LLC holds 100% of it, on its Medicare enrollment.

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

Nine years of filings

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

Net patient revenueOperating expenses
2017
settled
$4.1M
$4.4M
2018
settled
$23.7M
$23.2M
2019
settled
$25.4M
$23.8M
2020
settled
$27.9M
$24.6M
2021
settled
$30.1M
$27.4M
2022
settled
$31.9M
$30.8M
2023
settled
$36.8M
$31.9M
2024
settled
$41.3M
$34.7M
2025
as submitted
$44.1M
$38.4M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
Smokey Point Behavioral Hospital145$44,113,807$38,368,89113.0%
Fairfax Hospital, Kirkland221$112,565,762$76,366,20232.2%
Eastern State Hospital, Medical Lake375$185,190,109$189,722,547−2.5%
Inland Northwest Behavioral Health, Spokane100$52,181,304$33,706,57835.4%
South Sound Behavioral Hospital, Lacey138$46,583,786$40,108,04913.9%
Wellfound Behavioral Health Hospital, Tacoma120$66,032,454$56,483,81614.5%

Patients and payers

Discharges
4,981
S-3 line 14, col 15
Inpatient days
40,243
S-3 line 14, col 8
Beds in use, on an average day
110.6
days ÷ days in year
Occupancy
76.0%
days ÷ bed days
Medicare share of days
7.8%
S-3 cols 6 ÷ 8
Medicaid share of days
5.9%
S-3 cols 7 ÷ 8

Who owns it

  • US HEALTHVEST, LLC100%
  • PVP US HEALTHVEST, INC28%
  • RICHARD A KRESCH14%
  • F-PRIME CAPITAL PARTNERS HC CAMBRIDGE FUND III LP10%
  • OAK HC/FT USHV BLOCKER CORP9%
  • PP VII US HEALTHVEST INC6%
  • F-PRIME CAPITAL PARTNERS HC INTERNATIONAL FUND III LP5%

Related organizations on its own cost report: SMOKEY POINT RE, realty co..

Other hospitals with the same owner: Ridgeview Institute (GA), Ridgeview Institute Monroe (GA), Chicago Behavioral Hospital (IL), Silver Oaks Behavioral Hospital (IL), Lake Behavioral Hospital (IL), Hendricks Behavioral Hospital (IN), South Sound Behavioral Hospital (WA).

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 HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 504012. 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 14, 2026.