Velarion Records

Psychiatric hospital · Brattleboro, Vermont · 105 beds · CMS certification number 474001

Brattleboro Retreat

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS May 27, 2026. 29 years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$90.0M
$89,985,208 · G-3 line 3
Operating expenses
$99.9M
$99,908,181 · G-3 line 4
Result from patient care
−$9.9M
−$9,922,973 · G-3 line 5
Margin on patient care
−11.0%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $22.5M in its first year on file (1997) to $90.0M in 2025.
  • Its result from patient care: $5.6M (2023), −$1.6M (2024), −$9.9M (2025).
  • 1 of the 5 psychiatric hospital peers below with a margin on file also reports a loss on patient care for fiscal year 2025.
  • Medicaid paid for 59.1% of its inpatient days and Medicare for 16.1%.

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
$22.5M
$31.4M
1998
reopened
$26.6M
$34.8M
1999
reopened
$26.3M
$32.7M
2000
reopened
$29.0M
$39.2M
2001
reopened
$29.2M
$31.2M
2002
settled with audit
$23.2M
$32.3M
2003
settled with audit
$26.8M
$27.5M
2004
settled with audit
$31.0M
$30.2M
2005
settled
$29.4M
$31.9M
2006
settled
$31.0M
$33.9M
2007
settled
$33.0M
$35.4M
2008
settled
$34.2M
$36.8M
2009
settled
$35.9M
$39.8M
2010
settled
$42.6M
$42.4M
2011
settled
$46.0M
$47.1M
2012
settled
$53.0M
$56.3M
2013
settled
$58.0M
$59.7M
2014
settled
$62.4M
$65.4M
2015
settled
$65.6M
$68.6M
2016
settled
$66.4M
$69.7M
2017
settled
$64.5M
$70.5M
2018
settled
$71.4M
$75.9M
2019
settled
$69.5M
$78.1M
2020
settled
$49.1M
$70.3M
2021
settled
$42.4M
$59.4M
2022
settled
$62.7M
$71.8M
2023
settled
$96.4M
$90.8M
2024
settled
$93.5M
$95.1M
2025
as submitted
$90.0M
$99.9M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
Brattleboro Retreat105$89,985,208$99,908,181−11.0%
Centennial Peaks Hospital, Louisville (CO)104$32,246,608$29,552,7558.3%
El Dorado Springs, Tucson (AZ)106$24,802,075$24,362,4751.8%
Dover Behavioral Health System, Dover (DE)104$27,304,982$30,163,286−10.5%
Lighthouse Behavioral Health Hospital, Conway (SC)105$19,492,300$17,755,5248.9%
Linden Oaks at Edward, Naperville (IL)106$65,562,183$62,683,8824.4%

Patients and payers

Discharges
1,733
S-3 line 14, col 15
Inpatient days
32,202
S-3 line 14, col 8
Beds in use, on an average day
88.5
days ÷ days in year
Occupancy
84.0%
days ÷ bed days
Medicare share of days
16.1%
S-3 cols 6 ÷ 8
Medicaid share of days
59.1%
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 Vermont

Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 474001. 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 May 27, 2026.