Psychiatric hospital · Midland, Texas · 62 beds · CMS certification number 454110
Oceans Behavioral Hospital of the Permian Basin
Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS June 8, 2026. Seventeen years on file, every one shown below.
Fiscal 2025 at a glance
What stands out
- Net patient revenue rose from $844K in its first year on file (2009) to $14.5M in 2025.
- Its result from patient care: $1.9M (2023), $2.7M (2024), $409K (2025).
- 1 of the 5 psychiatric hospital peers below with a margin on file also reports a gain on patient care for fiscal year 2025.
- Medicaid paid for 0.2% of its inpatient days and Medicare for 6.4%.
- OCEANS ACQUISITION INC holds 100% of it, on its Medicare enrollment.
Every statement is drawn from figures on this page; nothing is estimated.
Seventeen years of filings
Net patient revenue against operating expenses, each year as filed.
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Beside its peers
Psychiatric hospitals in Texas with 50 to 99 beds, each on fiscal year 2025.
| Hospital | Beds | Net patient revenue | Operating expenses | Margin |
|---|---|---|---|---|
| Oceans Behavioral Hospital of the Permian Basin | 62 | $14,476,914 | $14,067,613 | 2.8% |
| Ascension Seton Shoal Creek, Austin | 54 | $8,353,802 | $17,855,327 | −113.7% |
| Canyon Creek Behavioral Health, Temple | 70 | $15,032,683 | $17,904,200 | −19.1% |
| Cedar Crest Hospital & RTC, Belton | 68 | $33,512,743 | $31,764,760 | 5.2% |
| Rio Grande State Center, Harlingen | 55 | $16,847,212 | $27,022,397 | −60.4% |
| Voyages Behavioral Health of Sugar Land, Sugar Land | 60 | $14,808,061 | $16,633,588 | −12.3% |
Patients and payers
- Discharges
- 1,765S-3 line 14, col 15
- Inpatient days
- 17,596S-3 line 14, col 8
- Beds in use, on an average day
- 48.3days ÷ days in year
- Occupancy
- 77.8%days ÷ bed days
- Medicare share of days
- 6.4%S-3 cols 6 ÷ 8
- Medicaid share of days
- 0.2%S-3 cols 7 ÷ 8
Who owns it
- OCEANS ACQUISITION INC100%
- OCEANS BUYER, INC.100%
- OCEANS MIDCO, INC.100%
- OCEANS TOPCO, INC.100%
- OCEANS ULTIMATE HOLDCO, LP100%
- WEBSTER EQUITY PARTNERS V, LP51%
- WEBSTER OCEANS CO-INVESTMENT FUND, LP33%
- WASQUE PARTNERS II SPE, LP10%
- OCEANS ULTIMATE HOLDCO GP, LLC1%
Related organizations on its own cost report: OCEANS HEALTHCA, management; OCEANS HEALTHCA, management; OCEANS PHYSICIA, physician group; OCEANS INTAKE G, management; OCEANS PHARMACY, pharmacy.
Other hospitals with the same owner: Haven Behavioral Hospital of Phoenix (AZ), Cottonwood Creek Behavioral Hospital (ID), Oceans Hospital Broussard (LA), Oceans Behavioral Hospital of Deridder (LA), Oceans Behavioral Hospital of Baton Rouge (LA), Oceans Behavioral Hospital of Lake Charles (LA), Oceans Behavioral Hospital of Hammond (LA), Oceans Behavioral Hospital of Opelousas (LA), Oceans Behavioral Hospital of Alexandria (LA).
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 454110. 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 June 8, 2026.