A hospital in Salinas, CA. It ran an operating surplus of 15.3% in FY25 on $724.9M of operating revenue. Operating margin declined from 16.7% in FY21 to 15.3% in FY25, though it rose 1.5 points in the most recent year.
Operating margin · FY25
+15.3%
▲ 1.5 pts vs FY24
vs Urban PPS hospitals83rd pctl of 1,475 (FY25)
Days cash on hand
Not available
all sources
vs Urban PPS hospitals—
Total operating revenue · FY25
$724.9M
▲ 50.6 $M vs FY24
vs Urban PPS hospitals80th pctl of 1,503 (FY25)
Total margin · incl. nonoperating · FY25
+12.1%
▲ 2.2 pts vs FY24
vs Urban PPS hospitals70th pctl of 1,475 (FY25)
One point of operating margin at SALINAS VALLEY MEMORIAL HOSPITAL is about $7.2M per year (1% of FY25 total operating revenue).
Where SALINAS VALLEY MEMORIAL 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.
One urban pps hospitalSALINAS VALLEYUrban 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.
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
HCRIS WS G / G-3
$ in thousands
Line item
FY23
FY24
FY25
Patient revenue
635,980
648,873
699,633
Other operating revenue
24,958
25,434
25,256
Total operating revenue
660,939
674,307
724,889
Total operating expenses
578,374
581,405
614,288
Operating income
82,565
92,902
110,602
Operating margin %
+12.5%
+13.8%
+15.3%
Grants & contributions
8,328
3,799
9,026
Investment income
4,409
20,550
24,005
Other non-operating, net
(33,155)
(46,551)
(49,447)
Net income
62,147
70,700
94,186
Net income %
+9.7%
+10.8%
+13.3%
HCRIS Worksheet G-3 / S-3 · $ thousands · FY21–FY25 · FY20–21 may include COVID-era relief funding in nonoperating income
How it operates
quality & operational context · CMS public reporting
A 168-bed hospital at 61% occupancy 53% 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
61.0%
Verified fact2025
HCRIS WS S-3
Average daily census
102.69
Verified fact2025
HCRIS WS S-3
Staffed beds (acute)
168
Verified fact2025
HCRIS WS S-3
Annual discharges
11,970
Verified fact2025
HCRIS WS S-3
Average length of stay
3.1d
Verified fact2025
HCRIS WS S-3
Outpatient share of patient revenue
53.3%
Verified fact2025
HCRIS WS G-2 L28
Total FTEs
1,786
Verified fact2025
HCRIS WS S-3 Pt II
Contract labor share of labor cost
27.1%
Verified fact2025
HCRIS WS S-3 Pt V
How the care measures up
C. difficile infection (SIR)
0.327
Better than the National Benchmark
CMS-reported measure07/01/2024 to 06/30/2025
CMS Care Compare
Hospital-wide unplanned readmission
15.9%
No Different Than the National Rate
CMS-reported measure07/01/2023 to 06/30/2024
CMS Care Compare
Medicare spending per beneficiary
0.98
CMS-reported measure01/01/2024 to 12/31/2024
CMS Care Compare
Patient-safety composite (PSI-90)
0.981694
CMS-reported measure07/01/2022 to 06/30/2024
CMS Care Compare
Trajectory
Cost-report basis · 5 reporting years
Operating margin
Days cash on hand
The county this hospital serves
MONTEREY County, CA
Median household income
$94.5K
vs $82.1K US · $59.7K rural median
Poverty rate
12.6%
vs 12.5% US · 14.3% rural median
Uninsured
9.9%
vs 8.6% US · 8.4% rural median
Age 65+
14.5%
vs 16.8% US · 20.6% rural median
Fair or poor health
25.8%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 7.1% of county personal income is Medicare/Medicaid medical benefits; 16.8% arrives as government transfers (BEA, 2022).
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