Velarion Records

Psychiatric hospital · Smyrna, Georgia · 188 beds · CMS certification number 114012

Ridgeview Institute

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS June 11, 2026. 29 years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$44.2M
$44,214,386 · G-3 line 3
Operating expenses
$32.9M
$32,938,505 · G-3 line 4
Result from patient care
$11.3M
$11,275,881 · G-3 line 5
Margin on patient care
25.5%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $13.5M in its first year on file (1997) to $44.2M in 2025.
  • Its result from patient care: $14.1M (2023), $12.7M (2024), $11.3M (2025).
  • 1 of the 5 psychiatric hospital peers below with a margin on file also reports a gain on patient care for fiscal year 2025.
  • Medicaid paid for 0.6% of its inpatient days and Medicare for 9.2%.
  • US HEALTHVEST, LLC holds 100% of it, on its Medicare enrollment.

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 with audit
$13.5M
$15.2M
1998
settled
$13.4M
$18.1M
1999
settled
$12.8M
$13.8M
2000
settled
$15.2M
$14.6M
2001
settled
$18.7M
$18.2M
2002
as submitted
$20.2M
$19.7M
2003
settled
$21.8M
$20.8M
2004
settled
$24.8M
$23.5M
2005
settled
$26.7M
$25.7M
2006
settled
$27.3M
$26.3M
2007
settled
$28.3M
$28.0M
2008
settled
$29.5M
$29.0M
2009
settled
$28.2M
$28.0M
2010
settled
$29.1M
$28.6M
2011
settled
$29.9M
$29.5M
2012
settled
$31.5M
$31.2M
2013
settled
$31.8M
$31.6M
2014
settled
$33.3M
$32.9M
2015
settled
$35.0M
$34.3M
2016
settled
$36.3M
$34.7M
2017
settled
$41.1M
$29.1M
2018
settled
$44.5M
$31.3M
2019
settled
$40.3M
$32.2M
2020
reopened
$35.9M
$28.4M
2021
settled
$38.8M
$31.0M
2022
settled
$40.1M
$31.8M
2023
settled
$46.2M
$32.2M
2024
settled
$45.6M
$32.9M
2025
as submitted
$44.2M
$32.9M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
Ridgeview Institute188$44,214,386$32,938,50525.5%
Greenleaf Behavioral Health Hospital, Valdosta113$26,272,060$27,885,957−6.1%
Ridgeview Institute Monroe, Monroe122$28,884,496$24,434,01715.4%
Lakeview Behavioral Health, Riverdale233$47,770,620$49,420,427−3.5%
Anchor Hospital, College Park122$22,127,755$25,593,290−15.7%
St. Simons-by-the-Sea, St. Simons Island101$12,492,664$15,256,751−22.1%

Patients and payers

Discharges
5,465
S-3 line 14, col 15
Inpatient days
48,574
S-3 line 14, col 8
Beds in use, on an average day
133.4
days ÷ days in year
Occupancy
70.8%
days ÷ bed days
Medicare share of days
9.2%
S-3 cols 6 ÷ 8
Medicaid share of days
0.6%
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: RIS REALTY, realty co..

Other hospitals with the same owner: Ridgeview Institute Monroe (GA), Chicago Behavioral Hospital (IL), Silver Oaks Behavioral Hospital (IL), Lake Behavioral Hospital (IL), Hendricks Behavioral Hospital (IN), Smokey Point Behavioral Hospital (WA), 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 114012. 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 11, 2026.