A hospital in King City, CA. It ran an operating surplus of 7.3% in FY25 on $79.0M of operating revenue. It held 102 days of cash on hand (50th percentile among Critical Access Hospitals on liquidity). Only a single comparable reporting year is available, so trend context is limited.
Operating margin · FY25
+7.3%
vs Critical Access Hospitals74th pctl of 824 (FY25)
Days cash on hand · FY25
102d
all sources
vs Critical Access Hospitals50th pctl of 827 (FY25)
Total operating revenue · FY25
$79.0M
vs Critical Access Hospitals86th pctl of 833 (FY25)
Total margin · incl. nonoperating · FY25
+8.7%
vs Critical Access Hospitals60th pctl of 824 (FY25)
One point of operating margin at SOUTHERN MONTEREY COUNTY MEMORIAL HOSPITAL is about $790K per year (1% of FY25 total operating revenue).
Where SOUTHERN MONTEREY COUNTY sits among Critical Access Hospitals
Operating margin · FY25 pool · n = 824 of 1,404 filed
Each point is one Critical Access 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 Critical Access Hospital median is -0.2%. Descriptive context only, not a ranking.
One critical access hospitalSOUTHERN MONTEREYCritical Access 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
Medicare inpatient contribution margin
+11.6% (FY25)
21st percentile of 117 CAHs. Full comparison in the CAH Performance Benchmark.
HCRIS cost report · CAH economics engine
Medicare outpatient contribution margin
+69.6% (FY25)
92nd percentile of 116 CAHs. Full comparison in the CAH Performance Benchmark.
HCRIS cost report · CAH economics engine
$ in thousands
Line item
FY23
FY24
FY25
Patient revenue
68,081
68,120
77,585
Other operating revenue
165
832
1,417
Total operating revenue
68,245
68,952
79,002
Total operating expenses
68,282
72,604
73,253
Operating income
(37)
(3,652)
5,749
Operating margin %
-0.1%
-5.3%
+7.3%
Grants & contributions
2,396
866
463
Investment income
190
570
529
Other non-operating, net
1,411
2,073
233
Net income
3,960
(143)
6,974
Net income %
+5.5%
-0.2%
+8.7%
HCRIS Worksheet G-3 / S-3 · $ thousands · FY20–FY25 · FY20–21 may include COVID-era relief funding in nonoperating income
FY20 operating and total margins are not shown: they compute from near-zero net patient revenue, so the ratio is not meaningful (display gate; statement values unchanged).
FY21 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 13-bed hospital at 19% occupancy where swing beds are 63% of the inpatient business and 82% 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
18.9%
Verified fact2025
HCRIS WS S-3
Average daily census
2.46
Verified fact2025
HCRIS WS S-3
Staffed beds (acute)
13
Verified fact2025
HCRIS WS S-3
Annual discharges
389
Verified fact2025
HCRIS WS S-3
Average length of stay
2.3d
Verified fact2025
HCRIS WS S-3
Swing-bed average daily census
4.20
Verified fact2025
HCRIS WS S-3 L5–6
Swing-bed share of inpatient days
63.1%
Verified fact2025
HCRIS WS S-3 (acute + swing days)
Outpatient share of patient revenue
81.9%
Verified fact2025
HCRIS WS G-2 L28
Who it serves
Total unreimbursed & uncompensated care
$25.4M
Verified fact2023
HCRIS WS S-10 line 31
How the care measures up
C. difficile infection (SIR)
Results cannot be calculated for this reporting period.
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
Trajectory
Cost-report basis · 6 reporting years
Operating margin
Days cash on hand
The county this hospital serves
MONTEREY County, CA · metro, 250K–1M
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).
What this hospital means to Monterey County
economic contribution · FY25 cost report
Direct annual spending
$73.3M
total operating expense · reported
Total economic output
$168.5M
× 2.30 output multiplier · estimate, upper bound for rural
Method: NCRHW 2016 study of critical access hospitals (IMPLAN Type II), employment × 1.34, earnings × 1.19; output × 2.30 (AHA national, upper bound for rural). Direct figures are reported values from the facility's HCRIS cost report; multiplied figures are estimates.
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