Velarion Records

Psychiatric hospital · Ann Arbor, Michigan · 272 beds · CMS certification number 234041

Center for Forensic Psychiatry

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended September 30, 2024, settled, stamped by CMS February 11, 2026. Fifteen years on file, every one shown below.

Fiscal 2024 at a glance

Net patient revenue
$13.4M
$13,385,548 · G-3 line 3
Operating expenses
$109.0M
$108,964,681 · G-3 line 4
Result from patient care
−$95.6M
−$95,579,133 · G-3 line 5
Margin on patient care
−714.1%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $916K in its first year on file (2011) to $107.9M in 2025.
  • Its result from patient care: $2.4M (2023), −$95.6M (2024), −$10.3M (2025).
  • 1 of the 5 psychiatric hospital peers below with a margin on file also reports a loss on patient care for fiscal year 2024.
  • Medicaid paid for 4.7% of its inpatient days and Medicare for 1.3%.
  • STATE OF MICHIGAN OFFICE OF FINANCIAL MANAGEMENT holds 100% of it, on its Medicare enrollment.

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

Fifteen years of filings

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

Net patient revenueOperating expenses
2011
settled
$916K
$60.8M
2012
settled
not filed
$65.0M
2013
settled
not filed
$67.3M
2014
settled
not filed
$70.7M
2015
settled
not filed
$72.7M
2016
settled
not filed
$71.2M
2017
settled
not filed
$79.5M
2018
settled
not filed
$90.5M
2019
settled
$13.7M
$91.7M
2020
settled
$7.0M
$83.2M
2021
settled
$15.4M
$94.0M
2022
settled
$8.2M
$94.2M
2023
settled
$102.6M
$100.2M
2024
settled
$13.4M
$109.0M
2025
as submitted
$107.9M
$118.2M

Beside its peers

Hospitals of the same type (psychiatric hospital), nearest in size, from Michigan first; each on fiscal year 2024.

HospitalBedsNet patient revenueOperating expensesMargin
Center for Forensic Psychiatry272$13,385,548$108,964,681−714.1%
Harbor Oaks Hospital, New Baltimore164$60,976,009$46,096,31324.4%
Havenwyck Hospital, Auburn Hills213$86,314,295$61,565,80128.7%
Henry Ford Health Behavioral Health Hospital, Ferndale206$34,457,347$33,540,1782.7%
Pine Rest Christian Mental Health Services, Grand Rapids198$205,998,467$223,639,893−8.6%
Stonecrest Center, Detroit182$79,276,664$60,037,30024.3%

Patients and payers

Discharges
277
S-3 line 14, col 15
Inpatient days
87,884
S-3 line 14, col 8
Beds in use, on an average day
240.8
days ÷ days in year
Occupancy
88.3%
days ÷ bed days
Medicare share of days
1.3%
S-3 cols 6 ÷ 8
Medicaid share of days
4.7%
S-3 cols 7 ÷ 8

Who owns it

  • STATE OF MICHIGAN OFFICE OF FINANCIAL MANAGEMENT100%

Related organizations on its own cost report: STATE OF MICHIGAN (100%), government.

Other hospitals with the same owner: Caro Psychiatric Hospital (MI), Kalamazoo Psychiatric Hospital (MI), Walter P Reuther Psychiatric Hospital (MI).

Type of control on its cost report: governmental, state.

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 HOSP10FY2024.ZIP, form CMS-2552-10, filed under CMS certification number 234041. 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 HOSP10FY2024.ZIP, read February 11, 2026.