Velarion Records

Psychiatric hospital · Shreveport, Louisiana · 48 beds · CMS certification number 194094

Physicians Behavioral Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS June 25, 2026. Eighteen years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$12.7M
$12,749,106 · G-3 line 3
Operating expenses
$10.8M
$10,833,382 · G-3 line 4
Result from patient care
$1.9M
$1,915,724 · G-3 line 5
Margin on patient care
15.0%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $1.8M in its first year on file (2008) to $12.7M in 2025.
  • Its result from patient care: $360K (2023), $404K (2024), $1.9M (2025).
  • 2 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 53.3% of its inpatient days and Medicare for 7.6%.

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

Eighteen years of filings

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

Net patient revenueOperating expenses
2008
settled
$1.8M
$1.7M
2009
settled
$2.9M
$2.6M
2010
settled
$3.0M
$3.2M
2011
settled
$3.0M
$3.4M
2012
settled
$4.1M
$3.8M
2013
settled
$6.3M
$5.2M
2014
settled
$6.8M
$6.4M
2015
settled
$5.8M
$5.4M
2016
settled
$7.0M
$5.9M
2017
settled
$6.9M
$6.0M
2018
settled
$6.7M
$5.9M
2019
settled
$6.6M
$6.0M
2020
settled
$6.3M
$6.7M
2021
settled
$6.7M
$6.4M
2022
settled
$7.2M
$7.0M
2023
settled
$10.0M
$9.6M
2024
settled
$10.8M
$10.4M
2025
as submitted
$12.7M
$10.8M

Beside its peers

Psychiatric hospitals in Louisiana with 25 to 49 beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Physicians Behavioral Hospital48$12,749,106$10,833,38215.0%
Community Care Hospital, New Orleans36$5,395,622$5,412,803−0.3%
Compass Behavioral Center of Alexandria, Alexandria36$9,290,824$11,203,260−20.6%
Compass Senior Care Hospital, Jennings36$9,654,125$9,799,568−1.5%
Freedom Behavioral Hospital of Monroe, Ruston42$9,622,861$8,648,51110.1%
Oceans Hospital Broussard, Broussard38$12,614,466$11,063,91712.3%

Patients and payers

Discharges
1,626
S-3 line 14, col 15
Inpatient days
14,582
S-3 line 14, col 8
Beds in use, on an average day
40.1
days ÷ days in year
Occupancy
83.2%
days ÷ bed days
Medicare share of days
7.6%
S-3 cols 6 ÷ 8
Medicaid share of days
53.3%
S-3 cols 7 ÷ 8

Who owns it

Indirect owners: RIVERIDGE HEALTHCARE, LLC; WILLIAM LOGAN

Related organizations on its own cost report: WILLIAM E. LOGAN III, real estate holding; WILLIAM E LOGAN III, management company.

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 194094. 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 25, 2026.