Velarion Records

Psychiatric hospital · Blackwood, New Jersey · 158 beds · CMS certification number 314018

Northbrook Behavioral Health Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS May 29, 2026. 30 years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$48.4M
$48,400,370 · G-3 line 3
Operating expenses
$90.1M
$90,132,185 · G-3 line 4
Result from patient care
−$41.7M
−$41,731,815 · G-3 line 5
Margin on patient care
−86.2%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $33.3M in its first year on file (1996) to $48.4M in 2025.
  • Its result from patient care: −$36.4M (2023), −$38.9M (2024), −$41.7M (2025).
  • 4 of the 5 psychiatric hospital peers below with a margin on file also report a loss on patient care for fiscal year 2025.
  • AVRAHAM R FEIGENBAUM holds 34% of it, on its Medicare enrollment.

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

30 years of filings

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

Net patient revenueOperating expenses
1996
settled with audit
$33.3M
$36.2M
1997
settled
$37.8M
$41.6M
1998
settled with audit
$40.0M
$41.4M
1999
reopened
$35.8M
$40.8M
2000
settled
$40.8M
$43.5M
2001
reopened
$42.7M
$44.5M
2002
settled
$46.0M
$47.5M
2003
settled
$49.0M
$51.6M
2004
settled
$52.4M
$54.1M
2005
settled
$58.3M
$57.8M
2006
reopened
$59.6M
$60.1M
2007
settled
$61.8M
$64.5M
2008
settled
$64.4M
$70.1M
2009
settled
$68.7M
$71.9M
2010
settled
$67.7M
$77.7M
2011
settled
$67.9M
$74.4M
2012
settled
$68.2M
$76.0M
2013
settled
$65.2M
$74.2M
2014
settled
$46.7M
$37.3M
2015
settled
$64.8M
$59.3M
2016
settled
$60.2M
$59.9M
2017
settled
$64.8M
$63.5M
2018
settled
$66.1M
$51.7M
2019
settled
$72.7M
$60.7M
2020
settled
$43.7M
$76.5M
2021
settled
$45.3M
$77.2M
2022
settled
$41.7M
$83.0M
2023
settled
$44.9M
$81.3M
2024
as submitted
$48.0M
$86.9M
2025
as submitted
$48.4M
$90.1M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
Northbrook Behavioral Health Hospital158$48,400,370$90,132,185−86.2%
County of Essex, Cedar Grove180$53,594,114$66,277,211−23.7%
Hampton Hospital, Westhampton120$46,137,414$40,493,20212.2%
Hackensack Meridian Health Carrier Clinic, Belle Mead241$105,615,095$127,792,842−21.0%
Summits Oaks Hospital, Summit124$32,883,142$38,057,211−15.7%
Trenton Psychiatric Hospital, W. Trenton400$2,651,352$117,359,266−4326.4%

Patients and payers

Discharges
2,563
S-3 line 14, col 15
Inpatient days
54,263
S-3 line 14, col 8
Beds in use, on an average day
149.1
days ÷ days in year
Occupancy
94.1%
days ÷ bed days
Medicare share of days
15.1%
S-3 cols 6 ÷ 8

Who owns it

  • AVRAHAM R FEIGENBAUM34%
  • DEBORAH F FEIGENBAUM34%
  • ZALMAN L DREW20%
  • MDF FAMILY 2015 TRUST15%
  • AVROHOM Y MAIEROVITS8%

Related organizations on its own cost report: ASPEN HILLS HEATHCARE CTR LLC (100%), realty; ASPEN HILLS HEALTHCARE CTR LLC (100%), purchasing; ASPEN HILLS HEALTHCARE CTR LLC (100%), corporate services; ASPEN HILLS HEALTHCARE CTR LLC (100%), health insurance.

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 314018. 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 May 29, 2026.