Hospital · Psychiatric hospital
Who owns Lake Behavioral Hospital?
2615 W Washington St · Waukegan, IL · 60085
Overview
Beds161
Discharges5,003cost report 2024
Occupancy80%inpatient days ÷ bed days
Employees (FTE)273
Lake Behavioral Hospital is a psychiatric hospital in Waukegan, Illinois, operated by US HealthVest. Lake County has 8 hospitals, 22 nursing homes and 28 urgent care centers.
Ownership
Lake Behavioral Hospital is operated by US HealthVest.
- Operator
- US HealthVest
- Managed by
- Franciscan Health, OSF Healthcare · CMS ownership filing
- Ownership type
- Private For Profit
- Source
- CMS Hospital All Owners · 2026-09-29
Ownership history
Every dated change of operator and owner for Lake Behavioral Hospital, with the source for each.
Finances
From the hospital's Medicare cost report, fiscal year ending 2024.
| Net patient revenue | $50.2M |
| Operating expenses | $44.7M |
| Net income | $9.2M |
| Net income as a share of net patient revenue | 18.4% |
Payer mix by inpatient days (2024)
- Commercial and other 88.8%
- Medicare 9.1%
- Medicaid 2.2%
Location and market
- Address
- 2615 W Washington St · Waukegan, IL · 60085
- County
- Lake County
- State
- Illinois
Hospitals in the county8
Nursing homes22
Urgent care centers28
Nearby hospitals
| Name | City | Distance |
|---|---|---|
| Vista Medical Center East | Waukegan | 2.2 mi |
| North Chicago Va Medical Center | North Chicago | 3.5 mi |
| City of Hope Chicago | ZION | 6.5 mi |
| Northwestern Lake Forest Hospital | Lake Forest | 7.0 mi |
| Advocate Condell Medical Center | Libertyville | 7.3 mi |
| Encompass Health Rehab Institute Of Libertyville | Libertyville | 8.1 mi |
Sources and identifiers
- Operator: CMS Hospital All Owners
- Finances and payer mix: CMS hospital cost reports (HCRIS), fiscal year 2024
- Ownership type and beds: CMS Provider of Services file
- Location: CMS and Census Bureau geography
- CMS certification number
- 144042
- NPI
- 1134634116
- Last confirmed
- 2026-10-23
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