Astrelis
Children's hospital · Palo Alto, CA

LUCILE SALTER PACKARD CHILDREN'S HSP AT STANFORD

CCN 053305SANTA CLARA CountyVoluntary non-profit - PrivateUrban (USDA RUCC)258 bedsLatest FY 2025
Cost-report basis
HCRIS · as filed
Not audited by Astrelis
The read

A hospital in Palo Alto, CA. It ran an operating surplus of 3.5% in FY25 on $2857.2M of operating revenue. It held 242 days of cash on hand (62nd percentile among Children's hospitals on liquidity). Operating margin declined from 8.7% in FY21 to 3.5% in FY25.

Operating margin · FY25
+3.5%
0.3 pts vs FY24
vs Children's hospitals47th pctl of 38 (FY25)
Days cash on hand · FY25
242d
all sources
16.3 days vs FY24
vs Children's hospitals62nd pctl of 37 (FY25)
Total operating revenue · FY25
$2.86B
144.4 $M vs FY24
vs Children's hospitals90th pctl of 41 (FY25)
Total margin · incl. nonoperating · FY25
+5.6%
0.0 pts vs FY24
vs Children's hospitals32nd pctl of 38 (FY25)
One point of operating margin at LUCILE SALTER PACKARD CHILDREN'S HSP AT STANFORD is about $28.6M per year (1% of FY25 total operating revenue).

Where LUCILE SALTER PACKARD sits among Children's hospitals

Operating margin · FY25 pool · n = 38 of 73 filed

Each point is one Children's 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 Children's hospital median is +3.6%. Descriptive context only, not a ranking.

-20%-10%0%+10%+20%Children's hospital median +3.6380552682669416%LUCILE SALTER +3.4958384542194967%-20%0%+20%Children's hospital median +3.6380552682669416%LUCILE SALTER +3.4958384542194967%
One children's hospitalLUCILE SALTERChildren's 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
+3.5% (FY25)
Operating income ÷ total operating revenue
HCRIS WS G-3
Total margin
+5.6% (FY25)
Net income ÷ total revenue incl. nonoperating
HCRIS WS G-3
Days cash on hand
242d (FY25)
Cash, investments & board-designated reserves ÷ daily operating expense (excl. depreciation)
HCRIS WS G / G-3
Current ratio
2.11× (FY25)
Total current assets ÷ current liabilities
HCRIS WS G
Equity financing ratio
66% (FY25)
Total net assets ÷ total assets
HCRIS WS G
Days in net patient A/R
104d (FY25)
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
HCRIS WS G / G-3
$ in thousands
Line itemFY23FY24FY25
Patient revenue2,392,7092,604,2532,702,356
Other operating revenue68,058108,546154,815
Total operating revenue2,460,7672,712,7982,857,172
Total operating expenses2,412,2562,625,3602,757,289
Operating income48,51187,43899,882
Operating margin %+2.0%+3.2%+3.5%
Grants & contributions34,41831,31530,557
Investment income5,78914,77511,891
Other non-operating, net24,48322,53422,476
Net income113,201156,062164,806
Net income %+4.5%+5.6%+5.6%
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 258-bed hospital at 69% occupancy 26% 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
69.4%
Verified fact2025
HCRIS WS S-3
Average daily census
179.65
Verified fact2025
HCRIS WS S-3
Staffed beds (acute)
258
Verified fact2025
HCRIS WS S-3
Annual discharges
20,429
Verified fact2025
HCRIS WS S-3
Average length of stay
3.2d
Verified fact2025
HCRIS WS S-3
Outpatient share of patient revenue
26.3%
Verified fact2025
HCRIS WS G-2 L28
How the care measures up
C. difficile infection (SIR)
Data are shown only for hospitals that participate in the Inpatient Quality Reporting (IQR) and Outpatient Quality Reporting (OQR) programs.
CMS-reported measure07/01/2024 to 06/30/2025
CMS Care Compare
Hospital-wide unplanned readmission
Data are shown only for hospitals that participate in the Inpatient Quality Reporting (IQR) and Outpatient Quality Reporting (OQR) programs.
CMS-reported measure07/01/2023 to 06/30/2024
CMS Care Compare
Medicare spending per beneficiary
Data are shown only for hospitals that participate in the Inpatient Quality Reporting (IQR) and Outpatient Quality Reporting (OQR) programs.
CMS-reported measure01/01/2024 to 12/31/2024
CMS Care Compare
Patient-safety composite (PSI-90)
Data are shown only for hospitals that participate in the Inpatient Quality Reporting (IQR) and Outpatient Quality Reporting (OQR) programs.
CMS-reported measure07/01/2022 to 06/30/2024
CMS Care Compare

Trajectory

Cost-report basis · 5 reporting years
Operating margin
+8.7%-2.8%+2.0%+3.2%+3.5%FY21FY22FY23FY24FY25
Days cash on hand
283 days261 days232 days226 days242 daysFY21FY22FY23FY24FY25

The county this hospital serves

SANTA CLARA County, CA
Median household income
$159.7K
vs $82.1K US
Poverty rate
6.9%
vs 12.5% US
Uninsured
4.0%
vs 8.6% US
Age 65+
14.4%
vs 16.8% US
Fair or poor health
16.1%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 3.3% of county personal income is Medicare/Medicaid medical benefits; 7.0% arrives as government transfers (BEA, 2022).
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