Astrelis
Urban PPS hospital · Sharon, CT

SHARON HOSPITAL

CCN 070004Proprietary28 bedsLatest FY 2025
Cost-report basis
HCRIS · as filed
Not audited by Astrelis
The read

A hospital in Sharon, CT. It ran an operating loss of 32.3% in FY25 on $54.7M of operating revenue. It held 6 days of cash on hand (39th percentile among Urban PPS hospitals on liquidity). Operating margin declined from -29.1% in FY20 to -32.3% in FY25, though it rose 7.6 points in the most recent year.

Operating margin · FY25
-32.3%
7.6 pts vs FY24
vs Urban PPS hospitals5th pctl of 1,475 (FY25)
Days cash on hand · FY25
6d
all sources
0.1 days vs FY24
vs Urban PPS hospitals39th pctl of 1,386 (FY25)
Total operating revenue · FY25
$54.7M
3.1 $M vs FY24
vs Urban PPS hospitals11th pctl of 1,503 (FY25)
Total margin · incl. nonoperating · FY25
-30.4%
9.4 pts vs FY24
vs Urban PPS hospitals2nd pctl of 1,475 (FY25)
One point of operating margin at SHARON HOSPITAL is about $547K per year (1% of FY25 total operating revenue).

Where SHARON HOSPITAL 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%SHARON HOSPITAL -32.25082203887599%-20%0%+20%Urban PPS hospital median +1.3311360264910879%SHARON HOSPITAL -32.25082203887599%
One urban pps hospitalSHARON HOSPITALUrban 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
-32.3% (FY25)
Operating income ÷ total operating revenue
HCRIS WS G-3
Total margin
-30.4% (FY25)
Net income ÷ total revenue incl. nonoperating
HCRIS WS G-3
Days cash on hand
6d (FY25)
Cash, investments & board-designated reserves ÷ daily operating expense (excl. depreciation)
HCRIS WS G / G-3
Current ratio
1.56× (FY25)
Total current assets ÷ current liabilities
HCRIS WS G
Equity financing ratio
-210% (FY25)
Total net assets ÷ total assets
HCRIS WS G
Days in net patient A/R
36d (FY25)
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
HCRIS WS G / G-3
$ in thousands
Line itemFY23FY24FY25
Patient revenue47,65751,35054,445
Other operating revenue1,857225205
Total operating revenue49,51351,57554,651
Total operating expenses73,69872,13072,276
Operating income(24,185)(20,555)(17,625)
Operating margin %-48.8%-39.9%-32.3%
Grants & contributions112400
Investment income(21)(79)(53)
Other non-operating, net11194440
Net income(24,084)(20,538)(16,838)
Net income %-48.5%-39.8%-30.4%
HCRIS Worksheet G-3 / S-3 · $ thousands · FY20–FY25 · FY20–21 may include COVID-era relief funding in nonoperating income

How it operates

quality & operational context · CMS public reporting

A 28-bed hospital at 38% occupancy 69% 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
37.9%
Verified fact2025
HCRIS WS S-3
Average daily census
10.65
Verified fact2025
HCRIS WS S-3
Staffed beds (acute)
28
Verified fact2025
HCRIS WS S-3
Annual discharges
1,070
Verified fact2025
HCRIS WS S-3
Average length of stay
3.6d
Verified fact2025
HCRIS WS S-3
Outpatient share of patient revenue
68.8%
Verified fact2025
HCRIS WS G-2 L28
Total FTEs
237.60
Verified fact2025
HCRIS WS S-3 Pt II
Contract labor share of labor cost
19.3%
Verified fact2025
HCRIS WS S-3 Pt V
Who it serves
Total unreimbursed & uncompensated care
$5.9M
Verified fact2023
HCRIS WS S-10 line 31
How the care measures up
C. difficile infection (SIR)
0
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
0.92
CMS-reported measure01/01/2024 to 12/31/2024
CMS Care Compare
Patient-safety composite (PSI-90)
0.93874
CMS-reported measure07/01/2022 to 06/30/2024
CMS Care Compare

Trajectory

Cost-report basis · 6 reporting years
Operating margin
-29.1%-35.5%-50.5%-48.8%-39.9%-32.3%FY20FY21FY22FY23FY24FY25
Days cash on hand
96 days5 days11 days11 days6 days6 daysFY20FY21FY22FY23FY24FY25

The county this hospital serves

LITCHFIELD County, CT
Median household income
Not available
vs $82.1K US · $59.7K rural median
Poverty rate
Not available
vs 12.5% US · 14.3% rural median
Uninsured
Not available
vs 8.6% US · 8.4% rural median
Age 65+
Not available
vs 16.8% US · 20.6% rural median
Fair or poor health
Not available
self-reported, adults · CDC PLACES
Primary-care shortage
Not designated
HRSA HPSA
Economic context: 6.2% of county personal income is Medicare/Medicaid medical benefits; 15.4% arrives as government transfers (BEA, 2022).

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