Velarion Records

Psychiatric hospital · New Orleans, Louisiana · 34 beds · CMS certification number 194100

Seaside Behavioral Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended February 4, 2024, reopened, stamped by CMS March 23, 2026. Fourteen years on file, every one shown below.

Fiscal 2024 at a glance

Net patient revenue
$8.5M
$8,467,398 · G-3 line 3
Operating expenses
$10.0M
$9,956,777 · G-3 line 4
Result from patient care
−$1.5M
−$1,489,379 · G-3 line 5
Margin on patient care
−17.6%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $1.0M in its first year on file (2010) to $8.5M in 2024.
  • Its result from patient care: −$1.2M (2021), −$938K (2022), −$1.5M (2024).
  • 2 of the 5 psychiatric hospital peers below with a margin on file also report a loss on patient care for fiscal year 2024.

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

Fourteen years of filings

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

Net patient revenueOperating expenses
2010
settled
$1.0M
$3.1M
2011
settled
$6.8M
$7.1M
2012
settled
$10.0M
$8.7M
2013
settled
$10.0M
$9.0M
2014
settled
$9.5M
$8.7M
2015
settled
$14.7M
$12.6M
2016
settled
$15.7M
$13.8M
2017
settled
$14.8M
$13.5M
2018
settled
$12.9M
$12.7M
2019
settled
$12.9M
$12.2M
2020
settled
$11.5M
$12.6M
2021
settled
$10.2M
$11.4M
2022
settled
$8.7M
$9.6M
2024
reopened
$8.5M
$10.0M

Beside its peers

Psychiatric hospitals in Louisiana with 25 to 49 beds, each on fiscal year 2024.

HospitalBedsNet patient revenueOperating expensesMargin
Seaside Behavioral Center34$8,467,398$9,956,777−17.6%
Compass Behavioral Center of Houma, Houma30$4,985,994$4,748,4084.8%
Compass Behavioral Center of Alexandria, Alexandria36$9,814,170$9,510,2433.1%
Compass Senior Care Hospital, Jennings36$9,616,354$8,334,25413.3%
Lake Pines Hospital, Kenner36$8,029,273$9,387,598−16.9%
St. James Behavioral Health Hospital, Gonzales32$7,442,627$8,741,945−17.5%

Patients and payers

Discharges
1,003
S-3 line 14, col 15
Inpatient days
9,152
S-3 line 14, col 8
Beds in use, on an average day
22.9
days ÷ days in year
Occupancy
67.3%
days ÷ bed days
Medicare share of days
6.9%
S-3 cols 6 ÷ 8

Who owns it

Related organizations on its own cost report: SEASIDE HEALTH (100%), home office.

Type of control on its cost report: proprietary, corporation.

Follow this hospital, free

We send this record now and tell you when it files again.

More psychiatric hospitals in Louisiana

From the publisher of Velarion Records

Velarion Intel

Independent Decision-Grade Intelligence

Compensation and corporate governance intelligence for advisors, investors and companies. Executive and board pay for public companies, benchmarked against peers.

See what Intel shows

Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2023.ZIP, form CMS-2552-10, filed under CMS certification number 194100. Patients and payers: worksheet S-3 Part I of the same filing.

How this page was built: the CMS Medicare cost report, file HOSP10FY2023.ZIP, read March 23, 2026.