Velarion Records

Psychiatric hospital · New Baltimore, Michigan · 164 beds · CMS certification number 234021

Harbor Oaks Hospital

Latest filing: fiscal year ended June 30, 2025, as submitted, stamped by CMS December 11, 2025. 29 years on file, all shown below.

Enrolled with Medicare by PHC of Michigan.

Fiscal 2025 at a glance

Net patient revenue $68.3M $68,266,958 · G-3 line 3
Operating expenses $50.7M $50,653,743 · G-3 line 4
Result from patient care $17.6M $17,613,215 · G-3 line 5
Margin on patient care 25.8% line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $7.7M in its first year on file (1997) to $68.3M in 2025.
  • Its result from patient care: $9.9M (2023), $14.9M (2024), $17.6M (2025).
  • 3 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 61.7% of its inpatient days and Medicare for 5.7%.
  • ACADIA HEALTHCARE COMPANY INC holds 100% of it, on its Medicare enrollment.

How these statements are drawn

29 years of filings

Net patient revenueOperating expenses

1997 reopened margin 4.7% $7.7M $7.3M

1998 reopened margin 1.6% $7.3M $7.2M

1999 reopened margin 13.5% $7.5M $6.5M

2000 reopened margin 2.5% $8.2M $8.0M

2001 reopened margin 8.6% $9.5M $8.7M

2002 settled margin 8.2% $9.2M $8.4M

2003 settled margin 1.5% $8.9M $8.8M

2004 reopened margin 0.9% $9.4M $9.3M

2005 settled margin −2.5% $9.7M $10.0M

2006 reopened margin −12.5% $9.2M $10.4M

2007 reopened margin −12.5% $9.4M $10.6M

2008 settled margin −5.1% $10.0M $10.5M

2009 settled margin −14.9% $8.4M $9.7M

2010 settled margin 3.4% $10.3M $10.0M

2011 settled margin 12.5% $14.7M $12.9M

2012 settled margin 15.3% $15.6M $13.2M

2013 settled margin 26.5% $17.4M $12.8M

2014 settled margin 30.0% $18.9M $13.2M

2015 settled margin 34.6% $23.0M $15.0M

2016 settled margin 33.1% $23.9M $16.0M

2017 settled margin 27.3% $26.5M $19.2M

2018 settled margin 25.1% $27.8M $20.8M

2019 settled margin 24.6% $30.2M $22.8M

2020 settled margin 20.3% $33.8M $26.9M

2021 settled margin 20.2% $42.1M $33.6M

2022 settled margin 19.0% $48.5M $39.3M

2023 settled margin 19.2% $51.5M $41.6M

2024 settled margin 24.4% $61.0M $46.1M

2025 as submitted margin 25.8% $68.3M $50.7M

Beside its peers

Psychiatric hospitals in Michigan with 100 to 199 beds, fiscal year 2025.

Hospital Beds Net patient revenue Operating expenses Margin

Harbor Oaks Hospital 164 $68,266,958 $50,653,743 25.8%

Metropolitan Behavioral Health, Dearborn 130 $54,213,934 $40,152,712 25.9%

Henry Ford Health Behavioral Health Hospital, West Bloomfield 184 $37,244,296 $35,859,774 3.7%

Kalamazoo Psychiatric Hospital, Kalamazoo 125 $55,869,518 $68,806,783 −23.2%

Pine Rest Christian Mental Health Services, Grand Rapids 198 $214,278,724 $242,858,280 −13.3%

Stonecrest Center, Detroit 182 $82,020,865 $62,672,748 23.6%

Patients and payers

  • Discharges 4,705 S-3 line 14, col 15
  • Inpatient days 53,466 S-3 line 14, col 8
  • Beds in use, on an average day 146.9 days ÷ days in year
  • Occupancy 89.3% days ÷ bed days
  • Medicare share of days 5.7% S-3 cols 6 ÷ 8
  • Medicaid share of days 61.7% S-3 cols 7 ÷ 8

Who owns it

  • ACADIA HEALTHCARE COMPANY INC100%
  • ACADIA HEALTHCARE INTERMEDIATE HOLDINGS LLC100%
  • ACUTE BH SERVICES LLC100%
  • ACUTE MIDWEST HOLDCO LLC100%

Related organizations on its own cost report: ACADIA HEALTHCA, healthcare.

Other hospitals with the same owner: Conway Behavioral Health (AR), Vista Health Fayetteville (AR), Valley Behavioral Health System (AR), Riverview Behavioral Health (AR), Oasis Behavioral Health Hospital (AZ), Sonora Behavioral Health Hospital (AZ), and 5 more.

Control: proprietary, corporation.

Follow Harbor Oaks Hospital, free

More psychiatric hospitals in Michigan

File HOSP10FY2024.ZIP, form CMS-2552-10, CMS certification number 234021. Owners of 5% or more: CMS Hospital All Owners and Hospital Enrollments, Medicare enrollment October 1, 2026.

How this page was built: the CMS Medicare cost report, file HOSP10FY2024.ZIP, read December 11, 2025.

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