Astrelis
Urban PPS hospital · Loveland, CO

BANNER MCKEE MEDICAL CENTER

CCN 060030LARIMER CountyVoluntary non-profit - PrivateUrban (USDA RUCC)90 bedsLatest FY 2024
Historical record. CMS lists this CCN as terminated (voluntary - merger/closure). No successor CCN is recorded. The financials below are the historical results reported under this number and are excluded from current peer comparisons and state counts.
Cost-report basis
HCRIS · as filed
Not audited by Astrelis
The read

A hospital in Loveland, CO. It ran an operating loss of 18.5% in FY24 on $98.0M of operating revenue. It held 1 day of cash on hand. Operating margin declined from 5.9% in FY20 to -18.5% in FY24.

Operating margin · FY24
-18.5%
8.1 pts vs FY23
vs Urban PPS hospitals
Days cash on hand · FY24
1d
all sources
0.1 days vs FY23
vs Urban PPS hospitals
Total operating revenue · FY24
$98.0M
9.5 $M vs FY23
vs Urban PPS hospitals
Total margin · incl. nonoperating · FY24
-17.5%
17.9 pts vs FY23
vs Urban PPS hospitals
One point of operating margin at BANNER MCKEE MEDICAL CENTER is about $980K per year (1% of FY24 total operating revenue).

Where BANNER MCKEE 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.

-20%-10%0%+10%+20%Urban PPS hospital median +1.3311360264910879%BANNER MCKEE -18.50991897919085%-20%0%+20%Urban PPS hospital median +1.3311360264910879%BANNER MCKEE -18.50991897919085%
One urban pps hospitalBANNER MCKEEUrban 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.

Operating margin
-18.5% (FY24)
Operating income ÷ total operating revenue
HCRIS WS G-3
Total margin
-17.5% (FY24)
Net income ÷ total revenue incl. nonoperating
HCRIS WS G-3
Days cash on hand
1d (FY24)
Cash, investments & board-designated reserves ÷ daily operating expense (excl. depreciation)
HCRIS WS G / G-3
Current ratio
2.18× (FY24)
Total current assets ÷ current liabilities
HCRIS WS G
Equity financing ratio
-74% (FY24)
Total net assets ÷ total assets
HCRIS WS G
Days in net patient A/R
46d (FY24)
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
HCRIS WS G / G-3
$ in thousands
Line itemFY22FY23FY24
Patient revenue107,438107,42597,969
Other operating revenue666155
Total operating revenue107,504107,48698,024
Total operating expenses119,267118,705116,168
Operating income(11,763)(11,219)(18,144)
Operating margin %-10.9%-10.4%-18.5%
Grants & contributions10,781
Investment income76
Other non-operating, net1,976792837
Net income(9,787)430(17,307)
Net income %-8.9%+0.4%-17.5%
HCRIS Worksheet G-3 / S-3 · $ thousands · FY20–FY24 · FY20–21 may include COVID-era relief funding in nonoperating income

How it operates

quality & operational context · CMS public reporting

A 90-bed hospital at 18% occupancy 70% 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
17.9%
Verified fact2024
HCRIS WS S-3
Average daily census
16.17
Verified fact2024
HCRIS WS S-3
Staffed beds (acute)
90
Verified fact2024
HCRIS WS S-3
Annual discharges
1,951
Verified fact2024
HCRIS WS S-3
Average length of stay
3.0d
Verified fact2024
HCRIS WS S-3
Outpatient share of patient revenue
69.9%
Verified fact2024
HCRIS WS G-2 L28
Total FTEs
345.10
Verified fact2024
HCRIS WS S-3 Pt II
Contract labor share of labor cost
17.9%
Verified fact2024
HCRIS WS S-3 Pt V
Who it serves
Total unreimbursed & uncompensated care
$12.3M
Verified fact2023
HCRIS WS S-10 line 31
How the care measures up
C. difficile infection (SIR)
0.891
No Different than National Benchmark
CMS-reported measure07/01/2024 to 06/30/2025
CMS Care Compare
Hospital-wide unplanned readmission
14.3%
No Different Than the National Rate
CMS-reported measure07/01/2023 to 06/30/2024
CMS Care Compare
Medicare spending per beneficiary
0.99
CMS-reported measure01/01/2024 to 12/31/2024
CMS Care Compare
Patient-safety composite (PSI-90)
1.183646
CMS-reported measure07/01/2022 to 06/30/2024
CMS Care Compare

Trajectory

Cost-report basis · 5 reporting years
Operating margin
+5.9%-4.8%-10.9%-10.4%-18.5%FY20FY21FY22FY23FY24
Days cash on hand
1 day1 day1 day1 day1 dayFY20FY21FY22FY23FY24

The county this hospital serves

LARIMER County, CO · metro, 250K–1M
Median household income
$91.4K
vs $82.1K US · $59.7K rural median
Poverty rate
11.1%
vs 12.5% US · 14.3% rural median
Uninsured
5.7%
vs 8.6% US · 8.4% rural median
Age 65+
16.9%
vs 16.8% US · 20.6% rural median
Fair or poor health
13.4%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 5.9% of county personal income is Medicare/Medicaid medical benefits; 14.8% arrives as government transfers (BEA, 2022).

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