Astrelis
Urban PPS hospital · Troy, AL

TROY REGIONAL MEDICAL CENTER

CCN 010126PIKE CountyGovernment - Federal31 bedsLatest FY 2025
Cost-report basis
HCRIS · as filed
Not audited by Astrelis
The read

A hospital in Troy, AL. It ran an operating loss of 7.9% in FY25 on $44.5M of operating revenue. It held 103 days of cash on hand (71st percentile among Urban PPS hospitals on liquidity). Operating margin improved from -16.1% in FY21 to -7.9% in FY25, though it fell 1.8 points in the most recent year. Including nonoperating items, the all-in result was positive at 4.7%.

Operating margin · FY25
-7.9%
1.8 pts vs FY24
vs Urban PPS hospitals25th pctl of 1,475 (FY25)
Days cash on hand · FY25
103d
all sources
4.8 days vs FY24
vs Urban PPS hospitals71st pctl of 1,386 (FY25)
Total operating revenue · FY25
$44.5M
3.4 $M vs FY24
vs Urban PPS hospitals8th pctl of 1,503 (FY25)
Total margin · incl. nonoperating · FY25
+4.7%
3.3 pts vs FY24
vs Urban PPS hospitals44th pctl of 1,475 (FY25)
One point of operating margin at TROY REGIONAL MEDICAL CENTER is about $445K per year (1% of FY25 total operating revenue).

Where TROY REGIONAL MEDICAL sits among Urban PPS hospitals

Operating margin · FY25 pool · n = 1,475 of 2,681 filed

Each point is one Urban PPS hospital in the national distribution for this provider type, placed by operating margin. Facilities are not matched on size, case mix, or market — that is the matched-peer comparison in the paid benchmark. The Urban PPS hospital median is +1.3%. Descriptive context only, not a ranking.

-20%-10%0%+10%+20%Urban PPS hospital median +1.3311360264910879%TROY REGIONAL -7.930913648799817%-20%0%+20%Urban PPS hospital median +1.3311360264910879%TROY REGIONAL -7.930913648799817%
One urban pps hospitalTROY REGIONALUrban PPS hospital median

The money

$ thousands · HCRIS cost-report basis · as filed, QA-gated

Ratios tell you how this hospital is doing. Statements tell you what kind of organization it is, and where the money comes from. Every figure below traces to a public cost-report filing, shown as filed. A ratio renders only when every input is reported in the filing; a year missing its core lines is not shown; a year whose balance sheet does not reconcile is labeled. Not audited by Astrelis.

Operating margin
-7.9% (FY25)
Operating income ÷ total operating revenue
HCRIS WS G-3
Total margin
+4.7% (FY25)
Net income ÷ total revenue incl. nonoperating
HCRIS WS G-3
Days cash on hand
103d (FY25)
Cash, investments & board-designated reserves ÷ daily operating expense (excl. depreciation)
HCRIS WS G / G-3
Current ratio
3.70× (FY25)
Total current assets ÷ current liabilities
HCRIS WS G
Equity financing ratio
53% (FY25)
Total net assets ÷ total assets
HCRIS WS G
Days in net patient A/R
44d (FY25)
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
HCRIS WS G / G-3
$ in thousands
Line itemFY23FY24FY25
Patient revenue38,95440,88844,187
Other operating revenue(98)181331
Total operating revenue38,85641,06944,518
Total operating expenses42,51143,58348,049
Operating income(3,654)(2,514)(3,531)
Operating margin %-9.4%-6.1%-7.9%
Grants & contributions4,5634,7344,731
Investment income149365461
Other non-operating, net3,1021,227726
Net income4,1603,8122,387
Net income %+8.9%+8.0%+4.7%
HCRIS Worksheet G-3 / S-3 · $ thousands · FY21–FY25 · FY20–21 may include COVID-era relief funding in nonoperating income
FY21, FY22, FY23, FY24, FY25 net patient A/R is not shown: gross A/R was not reported on the filing, making the derived net figure spurious (AR quality flag).

How it operates

quality & operational context · CMS public reporting

A 31-bed hospital at 28% occupancy 83% of patient revenue is outpatient.

The metrics this hospital type is judged on: care quality, patient experience, and scale. Each is labeled by evidence class and public source; descriptive context only, never a ranking or adequacy claim.

Scale and flow
Occupancy
28.4%
Verified fact2025
HCRIS WS S-3
Average daily census
8.83
Verified fact2025
HCRIS WS S-3
Staffed beds (acute)
31
Verified fact2025
HCRIS WS S-3
Annual discharges
928
Verified fact2025
HCRIS WS S-3
Average length of stay
3.5d
Verified fact2025
HCRIS WS S-3
Swing-bed average daily census
1.13
Verified fact2025
HCRIS WS S-3 L5–6
Swing-bed share of inpatient days
11.4%
Verified fact2025
HCRIS WS S-3 (acute + swing days)
Outpatient share of patient revenue
83.2%
Verified fact2025
HCRIS WS G-2 L28
Total FTEs
262.90
Verified fact2025
HCRIS WS S-3 Pt II
Contract labor share of labor cost
15.1%
Verified fact2025
HCRIS WS S-3 Pt V
How the care measures up
C. difficile infection (SIR)
0
No Different than National Benchmark
CMS-reported measure07/01/2024 to 06/30/2025
CMS Care Compare
Hospital-wide unplanned readmission
14.7%
No Different Than the National Rate
CMS-reported measure07/01/2023 to 06/30/2024
CMS Care Compare
Medicare spending per beneficiary
1.01
CMS-reported measure01/01/2024 to 12/31/2024
CMS Care Compare
Patient-safety composite (PSI-90)
0.975075
CMS-reported measure07/01/2022 to 06/30/2024
CMS Care Compare

Trajectory

Cost-report basis · 5 reporting years
Operating margin
-16.1%-14.9%-9.4%-6.1%-7.9%FY21FY22FY23FY24FY25
Days cash on hand
96 days110 days87 days108 days103 daysFY21FY22FY23FY24FY25

The county this hospital serves

PIKE County, AL
Median household income
$48.0K
vs $82.1K US · $59.7K rural median
Poverty rate
23.4%
vs 12.5% US · 14.3% rural median
Uninsured
8.2%
vs 8.6% US · 8.4% rural median
Age 65+
15.4%
vs 16.8% US · 20.6% rural median
Fair or poor health
24.7%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 9.8% of county personal income is Medicare/Medicaid medical benefits; 26.8% arrives as government transfers (BEA, 2022).

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