Velarion Records

Psychiatric hospital · Staten Island, New York · 260 beds · CMS certification number 334043

South Beach Psychiatric Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended March 31, 2025, as submitted, stamped by CMS January 15, 2026. 29 years on file, every one shown below.

Fiscal 2025 at a glance

Operating expenses
$99.3M
$99,265,477 · G-3 line 4
Result from patient care
−$99.3M
−$99,265,477 · G-3 line 5

What stands out

  • Its result from patient care: −$88.2M (2023), −$94.6M (2024), −$99.3M (2025).
  • Medicaid paid for 16.1% of its inpatient days and Medicare for 0.3%.

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

29 years of filings

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

Net patient revenueOperating expenses
1997
reopened
not filed
$54.5M
1998
reopened
not filed
$54.8M
1999
settled
not filed
$57.1M
2000
settled with audit
not filed
$58.3M
2001
settled with audit
not filed
$64.1M
2002
settled with audit
not filed
$66.5M
2003
reopened
not filed
$67.9M
2004
reopened
not filed
$68.2M
2005
settled
not filed
$68.6M
2006
settled
not filed
$70.9M
2007
settled
not filed
$70.0M
2008
settled
not filed
$72.5M
2009
settled
not filed
$76.9M
2010
settled
not filed
$76.6M
2011
settled
not filed
$78.2M
2012
settled
not filed
$76.8M
2013
settled
not filed
$77.4M
2014
settled
not filed
$80.9M
2015
settled
not filed
$79.7M
2016
settled
not filed
$81.5M
2017
settled
not filed
$79.0M
2018
settled
not filed
$78.1M
2019
settled
not filed
$75.8M
2020
reopened
not filed
$75.6M
2021
reopened
not filed
$76.7M
2022
settled
not filed
$81.6M
2023
settled
not filed
$88.2M
2024
settled
not filed
$94.6M
2025
as submitted
not filed
$99.3M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
South Beach Psychiatric Center260$99,265,477
Brunswick Hospital Center, Amityville146$51,268,016$49,312,8633.8%
Brylin Hospitals, Buffalo88$21,240,939$19,551,0938.0%
Four Winds Hospital, Katonah178$53,280,629$58,582,880−10.0%
South Oaks Hospital, Amityville202$123,425,514$129,987,449−5.3%
Gracie Square Hospital, New York140$91,748,675$88,385,7983.7%

Patients and payers

Discharges
214
S-3 line 14, col 15
Inpatient days
85,817
S-3 line 14, col 8
Beds in use, on an average day
235.8
days ÷ days in year
Occupancy
90.4%
days ÷ bed days
Medicare share of days
0.3%
S-3 cols 6 ÷ 8
Medicaid share of days
16.1%
S-3 cols 7 ÷ 8

Who owns it

Related organizations on its own cost report: STATE OF NEW YORK (100%), various support services.

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

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2024.ZIP, form CMS-2552-10, filed under CMS certification number 334043. Patients and payers: worksheet S-3 Part I of the same filing.

How this page was built: the CMS Medicare cost report, file HOSP10FY2024.ZIP, read January 15, 2026.