A hospital in Torrance, CA. It ran an operating loss of 0.8% in FY25 on $899.7M of operating revenue. It held 126 days of cash on hand (74th percentile among Urban PPS hospitals on liquidity). Operating margin improved from -3.7% in FY21 to -0.8% in FY25. Including nonoperating items, the all-in result was positive at 6.9%.
Operating margin · FY25
-0.8%
▲ 3.7 pts vs FY24
vs Urban PPS hospitals42nd pctl of 1,475 (FY25)
Days cash on hand · FY25
126d
all sources
▲ 6.1 days vs FY24
vs Urban PPS hospitals74th pctl of 1,386 (FY25)
Total operating revenue · FY25
$899.7M
▲ 51.4 $M vs FY24
vs Urban PPS hospitals86th pctl of 1,503 (FY25)
Total margin · incl. nonoperating · FY25
+6.9%
▲ 1.5 pts vs FY24
vs Urban PPS hospitals53rd pctl of 1,475 (FY25)
One point of operating margin at TORRANCE MEMORIAL MEDICAL CENTER is about $9.0M per year (1% of FY25 total operating revenue).
Where TORRANCE MEMORIAL 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.
One urban pps hospitalTORRANCE MEMORIALUrban 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
790,584
846,476
897,752
Other operating revenue
—
1,824
1,996
Total operating revenue
790,584
848,300
899,747
Total operating expenses
789,947
886,471
907,121
Operating income
638
(38,171)
(7,374)
Operating margin %
+0.1%
-4.5%
-0.8%
Grants & contributions
27,667
61,152
36,155
Investment income
24,283
20,302
28,572
Other non-operating, net
8,072
7,564
10,046
Net income
60,660
50,847
67,399
Net income %
+7.1%
+5.4%
+6.9%
HCRIS Worksheet G-3 / S-3 · $ thousands · FY21–FY25 · where other operating income is not reported, total operating revenue reflects net patient revenue alone · 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 412-bed hospital at 72% occupancy 43% 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
72.2%
Verified fact2025
HCRIS WS S-3
Average daily census
298.31
Verified fact2025
HCRIS WS S-3
Staffed beds (acute)
412
Verified fact2025
HCRIS WS S-3
Annual discharges
27,823
Verified fact2025
HCRIS WS S-3
Average length of stay
3.9d
Verified fact2025
HCRIS WS S-3
Outpatient share of patient revenue
43.5%
Verified fact2025
HCRIS WS G-2 L28
Total FTEs
3,580
Verified fact2025
HCRIS WS S-3 Pt II
Contract labor share of labor cost
20.7%
Verified fact2025
HCRIS WS S-3 Pt V
How the care measures up
C. difficile infection (SIR)
0.344
Better than the 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
0.94
CMS-reported measure01/01/2024 to 12/31/2024
CMS Care Compare
Patient-safety composite (PSI-90)
1.355799
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
Location, CA
Median household income
$87.8K
vs $82.1K US · $59.7K rural median
Poverty rate
13.6%
vs 12.5% US · 14.3% rural median
Uninsured
8.7%
vs 8.6% US · 8.4% rural median
Age 65+
14.7%
vs 16.8% US · 20.6% rural median
Fair or poor health
23.6%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 10.3% of county personal income is Medicare/Medicaid medical benefits; 19.2% arrives as government transfers (BEA, 2022).
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