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Psychiatric hospital · Covington, Louisiana · 104 beds · CMS certification number 194069

Covington Behavioral Health

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, settled, stamped by CMS July 14, 2026. 22 years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$19.6M
$19,576,881 · G-3 line 3
Operating expenses
$21.3M
$21,311,959 · G-3 line 4
Result from patient care
−$1.7M
−$1,735,078 · G-3 line 5
Margin on patient care
−8.9%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $2.8M in its first year on file (2004) to $19.6M in 2025.
  • Its result from patient care: $2.1M (2023), $1.0M (2024), −$1.7M (2025).
  • 2 of the 5 psychiatric hospital peers below with a margin on file also report a loss on patient care for fiscal year 2025.
  • Medicaid paid for 0.0% of its inpatient days and Medicare for 2.3%.
  • ACADIA HEALTHCARE COMPANY INC holds 100% of it, on its Medicare enrollment.

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

22 years of filings

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

Net patient revenueOperating expenses
2004
settled
$2.8M
$3.0M
2005
settled with audit
$3.8M
$4.1M
2006
settled
$4.6M
$5.1M
2007
settled
$4.2M
$3.8M
2008
settled
$4.4M
$4.4M
2009
settled
$10.6M
$6.7M
2010
settled
$8.3M
$9.2M
2011
settled
$11.5M
$11.8M
2012
settled
$12.5M
$12.3M
2013
settled
$12.4M
$12.5M
2014
settled
$12.9M
$12.6M
2015
settled
$11.0M
$12.6M
2016
settled
$9.5M
$11.4M
2017
settled
$11.4M
$11.8M
2018
settled
$12.7M
$12.1M
2019
settled
$12.9M
$12.6M
2020
settled
$17.2M
$15.7M
2021
settled
$19.6M
$18.1M
2022
settled
$19.7M
$18.1M
2023
settled
$20.8M
$18.7M
2024
settled
$21.8M
$20.8M
2025
settled
$19.6M
$21.3M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
Covington Behavioral Health104$19,576,881$21,311,959−8.9%
Longleaf Hospital, Alexandria139$37,826,114$32,220,63814.8%
Louisiana Behavioral Health, Shreveport89$23,743,990$23,358,1381.6%
Northlake Behavioral Health System, Mandeville140$25,645,293$26,147,252−2.0%
River Oaks Hospital, Harahanelo122$27,013,405$28,795,577−6.6%
River Place Behavioral Health, Laplace104$21,672,496$20,412,6965.8%

Patients and payers

Discharges
3,322
S-3 line 14, col 15
Inpatient days
23,187
S-3 line 14, col 8
Beds in use, on an average day
63.7
days ÷ days in year
Occupancy
61.1%
days ÷ bed days
Medicare share of days
2.3%
S-3 cols 6 ÷ 8
Medicaid share of days
0.0%
S-3 cols 7 ÷ 8

Who owns it

  • ACADIA HEALTHCARE COMPANY INC100%
  • GREENBRIER ACQUISITION LLC100%
  • GREENBRIER HOLDINGS LLC100%

Related organizations on its own cost report: ACADIA HLTHCARE, hospital mgmt.

Other hospitals with the same owner: Sonora Behavioral Health Hospital (AZ), Oasis Behavioral Health Hospital (AZ), Agave Ridge Behavioral Hospital (AZ), Vantage Point of Northwest Arkansas (AR), Valley Behavioral Health System (AR), Riverview Behavioral Health (AR), Conway Behavioral Health (AR), Pacific Grove Hospital (CA), San Jose Behavioral Health (CA), West Pines Behavioral Hospital (CO), Meadowwood Behavioral Health (DE).

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 194069. 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.