Velarion Records

Psychiatric hospital · Charleston, West Virginia · 114 beds · CMS certification number 514001

Highland Hospital

Latest filing: fiscal year ended December 31, 2025, settled, stamped by CMS July 14, 2026. 30 years on file, all shown below.

Enrolled with Medicare by Summit BHC West Virginia.

Fiscal 2025 at a glance

Net patient revenue $82.5M $82,462,224 · G-3 line 3
Operating expenses $45.1M $45,100,177 · G-3 line 4
Result from patient care $37.4M $37,362,047 · G-3 line 5
Margin on patient care 45.3% line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $7.4M in its first year on file (1996) to $82.5M in 2025.
  • Its result from patient care: $5.5M (2023), $6.2M (2024), $37.4M (2025).
  • 2 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 6.9% of its inpatient days and Medicare for 2.2%.
  • SBHC HOLDINGS LLC holds 100% of it, on its Medicare enrollment.

How these statements are drawn

30 years of filings

Net patient revenueOperating expenses

1996 settled with audit margin 2.5% $7.4M $7.2M

1997 reopened margin −15.1% $6.2M $7.1M

1998 settled margin −17.7% $6.3M $7.4M

1999 settled margin −2.1% $8.5M $8.7M

2000 settled margin −7.8% $13.1M $14.1M

2001 as submitted margin 0.8% $16.1M $16.0M

2002 settled margin −12.9% $14.6M $16.5M

2003 settled margin −6.5% $13.1M $14.0M

2004 settled margin −0.3% $9.8M $9.8M

2005 settled margin −10.5% $9.0M $9.9M

2006 settled margin −1.9% $9.6M $9.7M

2007 settled margin −1.0% $8.9M $9.0M

2008 settled margin −0.3% $9.8M $9.8M

2009 settled margin −5.0% $9.3M $9.8M

2010 settled margin −12.8% $9.1M $10.3M

2011 settled margin −4.9% $9.9M $10.4M

2012 settled margin 1.3% $11.7M $11.5M

2013 settled margin −9.9% $16.6M $18.2M

2014 settled margin −0.6% $19.0M $19.1M

2015 settled margin −2.5% $18.4M $18.8M

2016 settled margin −2.5% $20.9M $21.4M

2017 settled margin −20.9% $19.6M $23.6M

2018 settled margin 7.5% $27.1M $25.0M

2019 settled margin −2.6% $25.5M $26.2M

2020 settled margin 6.6% $12.5M $11.7M

2021 settled margin 14.8% $26.1M $22.2M

2022 settled margin 12.2% $31.9M $28.0M

2023 settled margin 14.7% $37.3M $31.9M

2024 settled margin 14.8% $42.1M $35.9M

2025 settled margin 45.3% $82.5M $45.1M

Beside its peers

Nearest in size, West Virginia first, fiscal year 2025.

Hospital Beds Net patient revenue Operating expenses Margin

Highland Hospital 114 $82,462,224 $45,100,177 45.3%

Mildred Mitchell Bateman Hospital, Huntington 110 $13,290,226 $59,899,258 −350.7%

Quail Run Behavioral Health, Phoenix (AZ) 116 $28,792,648 $25,702,448 10.7%

River Park Hospital, Huntington 116 $45,099,032 $33,915,609 24.8%

Thrive Behavioral Hospital, Las Vegas (NV) 114 $8,469,955 $12,929,963 −52.7%

William R Sharpe Jr Hospital, Weston 200 $16,005,488 $136,112,694 −750.4%

Patients and payers

  • Discharges 1,361 S-3 line 14, col 15
  • Inpatient days 29,303 S-3 line 14, col 8
  • Beds in use, on an average day 80.5 days ÷ days in year
  • Occupancy 70.4% days ÷ bed days
  • Medicare share of days 2.2% S-3 cols 6 ÷ 8
  • Medicaid share of days 6.9% 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: SUMMITT HEALTH, hospital mgmt.

Other hospitals with the same owner: Peak View Behaviorial Health (CO), Eagle View Behavioral Health (IA), Raleigh Oaks Behavioral Health (NC), Strategic Behavioral Center Leland (NC), Peak Behavioral Health Services (NM), Creekside Behavioral Health (TN), and 4 more.

Control: voluntary nonprofit, other.

Follow Highland Hospital, free

More psychiatric hospitals in West Virginia

File HOSP10FY2025.ZIP, form CMS-2552-10, CMS certification number 514001. Owners of 5% or more: CMS Hospital All Owners and Hospital Enrollments, Medicare enrollment October 1, 2026.

How this page was built: the CMS Medicare cost report, file HOSP10FY2025.ZIP, read July 14, 2026.

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