Lake Behavioral Hospital
2615 Washington St, Waukegan, IL 60085 · Lake County
Psychiatric No ER
At a glance
Latest cost report FY2024
Net patient revenue
$50.2M
Operating margin
11.1%
Net income
$9.2M
Staffed beds
161
Annual discharges
5,003
Ownership & identity
Control, system & affiliation
Ownership / controlFor-profit (partnership) Health systemUs Healthvest (8) Hospital typePsychiatric Phone(847) 249-3900 CMS star rating— Emergency servicesNo
Net patient revenue trend
FY2021–FY2024
| Fiscal year | Net patient revenue |
|---|---|
| FY2021 | $24,064,216 |
| FY2022 | $9,784,298 |
| FY2023 | $43,261,899 |
| FY2024 | $50,234,830 |
Payer mix
Share of inpatient days
Medicare9.1%Medicaid2.1%Commercial & other88.8%
How Lake Behavioral Hospital compares
#149 of 209 Illinois hospitals by net patient revenue
Other Us Healthvest hospitals
Same health system · view all
Ridgeview Institute Monroe · Monroe, GA $29.0M Ridgeview Institute Smyrna · Smyrna, GA $45.6M Chicago Behavioral Hospital · Des Plaines, IL $58.4M Silver Oaks Behavioral Hospital · New Lenox, IL $32.0M Hendricks Behavioral Hospital · Plainfield, IN $43.0M Smokey Point Behavioral Hospital · Marysville, WA $41.3M South Sound Behavioral Hospital · Lacey, WA $45.1M
Full financial detail
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🔒 5-year income statement & balance sheet
Line-by-line revenue, expenses, assets, liabilities and net assets for FY2020–FY2024, plus top Medicare DRGs, cost structure, EBITDAR, and Medicare reimbursement (IME, DSH, charity & uncompensated care).
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