Velarion Records

Psychiatric hospital · Pembroke Pines, Florida · 368 beds · CMS certification number 104001

South Florida State Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2025, settled, stamped by CMS February 11, 2026. 29 years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$1.8M
$1,761,750 · G-3 line 3
Operating expenses
$42.2M
$42,198,521 · G-3 line 4
Result from patient care
−$40.4M
−$40,436,771 · G-3 line 5
Margin on patient care
−2295.3%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $2.7M in its first year on file (1997) to $1.8M in 2025.
  • Its result from patient care: −$37.5M (2023), −$40.5M (2024), −$40.4M (2025).
  • 1 of the 5 psychiatric hospital peers below with a margin on file also reports a loss on patient care for fiscal year 2025.
  • Medicaid paid for 1.5% of its inpatient days and Medicare for 6.8%.

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
$2.7M
$35.1M
1998
settled
$2.8M
$33.9M
1999
settled
$2.5M
$31.1M
2000
settled
$1.8M
$27.3M
2001
settled
$715K
$26.1M
2002
settled
$715K
$26.8M
2003
settled
$1.8M
$27.4M
2004
settled
$3.7M
$29.0M
2005
settled
$2.3M
$29.5M
2006
settled
$2.5M
$29.7M
2007
settled
$2.5M
$30.5M
2008
settled
$6.6M
$31.5M
2009
settled
$10.5M
$31.1M
2010
reopened
$4.7M
$31.3M
2011
settled
$3.3M
$31.0M
2012
reopened
$3.6M
$31.3M
2013
settled
$2.4M
$31.4M
2014
settled
$1.5M
$31.1M
2015
settled
$2.1M
$32.2M
2016
settled
$2.1M
$32.1M
2017
settled
$2.3M
$32.3M
2018
settled
$2.0M
$33.4M
2019
settled
$2.2M
$34.1M
2020
settled
$1.1M
$38.8M
2021
settled
$1.8M
$32.0M
2022
settled
not filed
not filed
2023
settled
$1.8M
$39.3M
2024
settled
$1.6M
$42.1M
2025
settled
$1.8M
$42.2M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
South Florida State Hospital368$1,761,750$42,198,521−2295.3%
Central Florida Behavioral Hospital, Orlando174$54,419,201$49,145,9789.7%
Circles of Care, Melbourne148$23,058,706$48,981,317−112.4%
Fort Lauderdale Behavioral Health Center, Ft. Lauderdale182$62,219,823$47,682,69623.4%
Park Royal Hospital, Fort Myers126$34,412,874$30,145,86112.4%
Windmoor Healthcare of Clearwater, Clearwater144$29,430,175$28,297,1093.9%

Patients and payers

Discharges
27
S-3 line 14, col 15
Inpatient days
128,944
S-3 line 14, col 8
Beds in use, on an average day
354.2
days ÷ days in year
Occupancy
96.0%
days ÷ bed days
Medicare share of days
6.8%
S-3 cols 6 ÷ 8
Medicaid share of days
1.5%
S-3 cols 7 ÷ 8

Who owns it

Type of control on its cost report: governmental, state.

Follow this hospital, free

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More psychiatric hospitals in Florida

Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2024.ZIP, form CMS-2552-10, filed under CMS certification number 104001. Patients and payers: worksheet S-3 Part I of the same filing.

How this page was built: the CMS Medicare cost report, file HOSP10FY2024.ZIP, read February 11, 2026.