A hospital in Merced, CA. It ran an operating surplus of 8.1% in FY25 on $431.5M of operating revenue. It held 176 days of cash on hand (81st percentile among Urban PPS hospitals on liquidity). Operating margin improved from 3.1% in FY21 to 8.1% in FY25, though it fell 2.0 points in the most recent year.
Operating margin · FY25
+8.1%
▼ 2.0 pts vs FY24
vs Urban PPS hospitals69th pctl of 1,475 (FY25)
Days cash on hand · FY25
176d
all sources
▲ 51.7 days vs FY24
vs Urban PPS hospitals81st pctl of 1,386 (FY25)
Total operating revenue · FY25
$431.5M
▼ 9.5 $M vs FY24
vs Urban PPS hospitals65th pctl of 1,503 (FY25)
Total margin · incl. nonoperating · FY25
+17.2%
▲ 4.5 pts vs FY24
vs Urban PPS hospitals81st pctl of 1,475 (FY25)
One point of operating margin at MERCY MEDICAL CENTER is about $4.3M per year (1% of FY25 total operating revenue).
Where MERCY MEDICAL CENTER 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 hospitalMERCY MEDICALUrban 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
385,235
440,921
431,452
Other operating revenue
2,414
—
—
Total operating revenue
387,649
440,921
431,452
Total operating expenses
372,446
396,095
396,376
Operating income
15,203
44,826
35,076
Operating margin %
+3.9%
+10.2%
+8.1%
Investment income
2,241
7,718
10,853
Other non-operating, net
15,807
4,863
36,244
Net income
33,251
57,407
82,173
Net income %
+8.2%
+12.7%
+17.2%
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
How it operates
quality & operational context · CMS public reporting
A 166-bed hospital at 74% occupancy 50% 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
74.1%
Verified fact2025
HCRIS WS S-3
Average daily census
123.38
Verified fact2025
HCRIS WS S-3
Staffed beds (acute)
166
Verified fact2025
HCRIS WS S-3
Annual discharges
10,960
Verified fact2025
HCRIS WS S-3
Average length of stay
4.1d
Verified fact2025
HCRIS WS S-3
Outpatient share of patient revenue
50.3%
Verified fact2025
HCRIS WS G-2 L28
Total FTEs
1,188
Verified fact2025
HCRIS WS S-3 Pt II
Contract labor share of labor cost
24.4%
Verified fact2025
HCRIS WS S-3 Pt V
How the care measures up
C. difficile infection (SIR)
0.28
Better than the National Benchmark
CMS-reported measure07/01/2024 to 06/30/2025
CMS Care Compare
Hospital-wide unplanned readmission
15.1%
No Different Than the National Rate
CMS-reported measure07/01/2023 to 06/30/2024
CMS Care Compare
Medicare spending per beneficiary
0.95
CMS-reported measure01/01/2024 to 12/31/2024
CMS Care Compare
Patient-safety composite (PSI-90)
0.742722
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
MERCED County, CA
Median household income
$65.0K
vs $82.1K US · $59.7K rural median
Poverty rate
18.4%
vs 12.5% US · 14.3% rural median
Uninsured
9.0%
vs 8.6% US · 8.4% rural median
Age 65+
11.6%
vs 16.8% US · 20.6% rural median
Fair or poor health
29.8%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 14.0% of county personal income is Medicare/Medicaid medical benefits; 27.7% arrives as government transfers (BEA, 2022).
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