A hospital in New London, CT. It ran an operating loss of 3.2% in FY25 on $505.5M of operating revenue. It held 35 days of cash on hand (54th percentile among Urban PPS hospitals on liquidity). Operating margin improved from -21.4% in FY20 to -3.2% in FY25. Including nonoperating items, the all-in result was positive at 2.4%.
Operating margin · FY25
-3.2%
▼ 0.0 pts vs FY24
vs Urban PPS hospitals36th pctl of 1,475 (FY25)
Days cash on hand · FY25
35d
all sources
▼ 1.6 days vs FY24
vs Urban PPS hospitals54th pctl of 1,386 (FY25)
Total operating revenue · FY25
$505.5M
▲ 24.6 $M vs FY24
vs Urban PPS hospitals70th pctl of 1,503 (FY25)
Total margin · incl. nonoperating · FY25
+2.4%
▲ 0.8 pts vs FY24
vs Urban PPS hospitals35th pctl of 1,475 (FY25)
One point of operating margin at LAWRENCE & MEMORIAL HOSPITAL is about $5.1M per year (1% of FY25 total operating revenue).
Where LAWRENCE & MEMORIAL 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 hospitalLAWRENCE &Urban 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
451,562
480,463
504,994
Other operating revenue
1,493
425
485
Total operating revenue
453,055
480,888
505,479
Total operating expenses
468,963
496,297
521,702
Operating income
(15,908)
(15,409)
(16,224)
Operating margin %
-3.5%
-3.2%
-3.2%
Other non-operating, net
20,914
23,334
28,898
Net income
5,006
7,925
12,674
Net income %
+1.1%
+1.6%
+2.4%
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 203-bed hospital at 67% occupancy 64% 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
67.1%
Verified fact2025
HCRIS WS S-3
Average daily census
136.56
Verified fact2025
HCRIS WS S-3
Staffed beds (acute)
203
Verified fact2025
HCRIS WS S-3
Annual discharges
11,700
Verified fact2025
HCRIS WS S-3
Average length of stay
4.2d
Verified fact2025
HCRIS WS S-3
Outpatient share of patient revenue
64.0%
Verified fact2025
HCRIS WS G-2 L28
Total FTEs
1,710
Verified fact2025
HCRIS WS S-3 Pt II
Contract labor share of labor cost
21.2%
Verified fact2025
HCRIS WS S-3 Pt V
Who it serves
Total unreimbursed & uncompensated care
$49.9M
Verified fact2023
HCRIS WS S-10 line 31
How the care measures up
C. difficile infection (SIR)
0.442
Better than the 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
0.97
CMS-reported measure01/01/2024 to 12/31/2024
CMS Care Compare
Patient-safety composite (PSI-90)
1.051076
CMS-reported measure07/01/2022 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
NEW LONDON 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: 8.9% of county personal income is Medicare/Medicaid medical benefits; 19.4% arrives as government transfers (BEA, 2022).
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