Velarion Records

Psychiatric hospital · Kingsport, Tennessee · 94 beds · CMS certification number 444027

Creekside Behavioral Health

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, settled, stamped by CMS July 14, 2026. Seven years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$46.9M
$46,941,071 · G-3 line 3
Operating expenses
$33.0M
$33,007,206 · G-3 line 4
Result from patient care
$13.9M
$13,933,865 · G-3 line 5
Margin on patient care
29.7%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $7.3M in its first year on file (2019) to $46.9M in 2025.
  • Its result from patient care: $600K (2023), $2.4M (2024), $13.9M (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 0.1% of its inpatient days and Medicare for 5.2%.
  • SBHC HOLDINGS LLC holds 100% of it, on its Medicare enrollment.

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

Seven years of filings

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

Net patient revenueOperating expenses
2019
settled
$7.3M
$11.5M
2020
settled
$13.1M
$14.3M
2021
settled
$14.7M
$15.6M
2022
settled
$16.8M
$15.6M
2023
settled
$18.9M
$18.3M
2024
settled
$23.4M
$21.0M
2025
settled
$46.9M
$33.0M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
Creekside Behavioral Health94$46,941,071$33,007,20629.7%
Crestwyn Behavioral Health, Memphis128$27,740,890$22,283,61419.7%
East Tennessee Behavioral Health, Knoxville90$28,264,833$25,056,31811.3%
Knoxville Center for Behavioral Medicine, Knoxville64$14,276,108$17,696,730−24.0%
Pinewood Springs, Columbia60$16,268,371$18,881,213−16.1%
Ascension Saint Thomas Behavioral Health Hospital, Nashville90$39,697,545$27,070,28131.8%

Patients and payers

Discharges
2,946
S-3 line 14, col 15
Inpatient days
27,091
S-3 line 14, col 8
Beds in use, on an average day
74.4
days ÷ days in year
Occupancy
79.0%
days ÷ bed days
Medicare share of days
5.2%
S-3 cols 6 ÷ 8
Medicaid share of days
0.1%
S-3 cols 7 ÷ 8

Who owns it

  • SBHC HOLDINGS LLC100%
  • SPERRY HOLDCO LLC100%
  • SUMMIT BEHAVIORAL HEALTHCARE LLC100%
  • SUMMIT BEHAVIORAL HOLDINGS I LLC100%
  • SUMMIT BEHAVIORAL HOLDINGS LLC100%
  • PSC SPERRY BUYER LLC96%

Related organizations on its own cost report: SUMMIT BEHAVIOR (100%), mgmt svcs.

Other hospitals with the same owner: Peak View Behaviorial Health (CO), Eagle View Behavioral Health (IA), Peak Behavioral Health Services (NM), Carolina Dunes Behavioral Health (NC), Raleigh Oaks Behavioral Health (NC), Palms Behavioral Health (TX), The Pavilion at Williamsburg Place (VA), Highland Hospital (WV), Willow Creek Behavioral Health (WI), Miramont Behavioral Health (WI).

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).

Follow this hospital, free

We send this record now and tell you when it files again.

More psychiatric hospitals in Tennessee

From the publisher of Velarion Records

Velarion Intel

Independent Decision-Grade Intelligence

Compensation and corporate governance intelligence for advisors, investors and companies. Executive and board pay for public companies, benchmarked against peers.

See what Intel shows

Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 444027. 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 July 14, 2026.