Astrelis
Psychiatric hospital · Surprise, AZ

DESTINY SPRINGS HEALTHCARE

CCN 034034Maricopa CountyPhysicianUrban (USDA RUCC)95 bedsLatest FY 2024
Cost-report basis
HCRIS · as filed
Not audited by Astrelis
The read

A hospital in Surprise, AZ. It ran an operating loss of 44.4% in FY24 on $16.0M of operating revenue. It held 24 days of cash on hand (71st percentile among Psychiatric hospitals on liquidity). Operating margin declined from 12.4% in FY20 to -44.4% in FY24.

Operating margin · FY24
-44.4%
vs Psychiatric hospitals7th pctl of 437 (FY24)
Days cash on hand · FY24
24d
all sources
vs Psychiatric hospitals71st pctl of 376 (FY24)
Total operating revenue · FY24
$16.0M
vs Psychiatric hospitals36th pctl of 509 (FY24)
Total margin · incl. nonoperating · FY24
-8.4%
vs Psychiatric hospitals17th pctl of 434 (FY24)
One point of operating margin at DESTINY SPRINGS HEALTHCARE is about $160K per year (1% of FY24 total operating revenue).

Where DESTINY SPRINGS HEALTHCARE sits among Psychiatric hospitals

Operating margin · FY24 pool · n = 437 of 610 filed

Each point is one Psychiatric 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 Psychiatric hospital median is +4.8%. Descriptive context only, not a ranking.

-20%-10%0%+10%+20%Psychiatric hospital median +4.788257940327237%DESTINY SPRINGS -44.37358568195844%-20%0%+20%Psychiatric hospital median +4.788257940327237%DESTINY SPRINGS -44.37358568195844%
One psychiatric hospitalDESTINY SPRINGSPsychiatric 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
-44.4% (FY24)
Operating income ÷ total operating revenue
HCRIS WS G-3
Total margin
-8.4% (FY24)
Net income ÷ total revenue incl. nonoperating
HCRIS WS G-3
Days cash on hand
24d (FY24)
Cash, investments & board-designated reserves ÷ daily operating expense (excl. depreciation)
HCRIS WS G / G-3
Current ratio
5.14× (FY24)
Total current assets ÷ current liabilities
HCRIS WS G
Equity financing ratio
16% (FY24)
Total net assets ÷ total assets
HCRIS WS G
Days in net patient A/R
96d (FY24)
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
HCRIS WS G / G-3
$ in thousands
Line itemFY22FY23FY24
Patient revenue30,41425,39816,032
Other operating revenue384929
Total operating revenue30,45225,88916,041
Total operating expenses22,61422,47923,159
Operating income7,8393,410(7,118)
Operating margin %+25.7%+13.2%-44.4%
Investment income11,5575,328
Other non-operating, net(1)01
Net income7,8394,967(1,789)
Net income %+25.7%+18.1%-8.4%
HCRIS Worksheet G-3 / S-3 · $ thousands · FY20–FY24 · FY20–21 may include COVID-era relief funding in nonoperating income
FY20, FY21, FY22, FY23 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

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
67.3%
Verified fact2024
HCRIS WS S-3
Average daily census
64.15
Verified fact2024
HCRIS WS S-3
Staffed beds (acute)
95
Verified fact2024
HCRIS WS S-3
Annual discharges
2,552
Verified fact2024
HCRIS WS S-3
Average length of stay
9.2d
Verified fact2024
HCRIS WS S-3
How the care measures up
No public quality measures are reported for this facility in the current Care Compare refresh.

Trajectory

Cost-report basis · 5 reporting years
Operating margin
+12.4%+34.1%+25.7%+13.2%-44.4%FY20FY21FY22FY23FY24
Days cash on hand
45 days24 daysFY20FY21FY22FY23FY24

The county this hospital serves

MARICOPA County, AZ · metro, 1M+ population
Median household income
$85.5K
vs $82.1K US
Poverty rate
11.3%
vs 12.5% US
Uninsured
10.7%
vs 8.6% US
Age 65+
16.0%
vs 16.8% US
Fair or poor health
17.5%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 7.2% of county personal income is Medicare/Medicaid medical benefits; 16.8% arrives as government transfers (BEA, 2022).
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