Velarion Records

Psychiatric hospital · Tulsa, Oklahoma · 120 beds · CMS certification number 374021

Parkside Psychiatric Hospital & Clinic

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, settled, stamped by CMS August 20, 2026. 25 years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$13.1M
$13,071,686 · G-3 line 3
Operating expenses
$32.3M
$32,274,706 · G-3 line 4
Result from patient care
−$19.2M
−$19,203,020 · G-3 line 5
Margin on patient care
−146.9%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $10.9M in its first year on file (2001) to $13.1M in 2025.
  • Its result from patient care: −$13.0M (2023), −$15.6M (2024), −$19.2M (2025).
  • 3 of the 5 psychiatric hospital peers below with a margin on file also report a loss on patient care for fiscal year 2025.
  • Medicaid paid for 71.4% of its inpatient days and Medicare for 0.7%.

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

25 years of filings

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

Net patient revenueOperating expenses
2001
reopened
$10.9M
$20.8M
2002
reopened
$2.5M
$8.8M
2003
reopened
$4.2M
$8.1M
2004
settled
$6.2M
$9.4M
2005
settled with audit
$7.6M
$9.1M
2006
settled
$7.8M
$9.3M
2007
settled
$8.3M
$9.7M
2008
settled
$10.1M
$11.2M
2009
settled
$10.3M
$12.0M
2010
settled
$10.0M
$11.9M
2011
settled
$10.8M
$12.7M
2012
settled
$11.7M
$13.7M
2013
settled
$2.1M
$13.6M
2014
settled
$10.5M
$13.6M
2015
settled
$10.3M
$13.7M
2016
settled
$10.4M
$16.6M
2017
settled
$10.7M
$15.7M
2018
settled
$11.1M
$15.7M
2019
settled
$11.4M
$16.1M
2020
settled
$11.4M
$18.4M
2021
settled
$11.6M
$18.6M
2022
settled
$11.8M
$20.6M
2023
reopened
$15.8M
$28.8M
2024
settled
$16.4M
$32.0M
2025
settled
$13.1M
$32.3M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
Parkside Psychiatric Hospital & Clinic120$13,071,686$32,274,706−146.9%
Cedar Ridge Behavioral Hospital, Oklahoma City116$49,257,992$31,784,86835.5%
Griffin Memorial Hospital, Norman120$4,862,277$41,245,885−748.3%
Laureate Psychiatric Clinic and Hospital, Tulsa90$51,288,685$51,549,325−0.5%
Rolling Hills Hospital, Ada60$25,394,100$25,036,0951.4%
Tulsa Center for Behavioral Health, Tulsa56$2,111,845$19,458,673−821.4%

Patients and payers

Discharges
2,884
S-3 line 14, col 15
Inpatient days
20,518
S-3 line 14, col 8
Beds in use, on an average day
56.4
days ÷ days in year
Occupancy
46.8%
days ÷ bed days
Medicare share of days
0.7%
S-3 cols 6 ÷ 8
Medicaid share of days
71.4%
S-3 cols 7 ÷ 8

Who owns it

Type of control on its cost report: voluntary nonprofit, other.

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More psychiatric hospitals in Oklahoma

Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 374021. Patients and payers: worksheet S-3 Part I of the same filing.

How this page was built: the CMS Medicare cost report, file HOSP10FY2025.ZIP, read August 20, 2026.