A hospital in Norwalk, CT. It ran an operating loss of 14.2% in FY25 on $393.4M of operating revenue. It held 80 days of cash on hand (67th percentile among Urban PPS hospitals on liquidity). Operating margin improved from -15.1% in FY20 to -14.2% in FY25, though it fell 2.4 points in the most recent year.
Operating margin · FY25
-14.2%
▼ 2.4 pts vs FY24
vs Urban PPS hospitals16th pctl of 1,475 (FY25)
Days cash on hand · FY25
80d
all sources
▼ 1.6 days vs FY24
vs Urban PPS hospitals67th pctl of 1,386 (FY25)
Total operating revenue · FY25
$393.4M
▲ 4.2 $M vs FY24
vs Urban PPS hospitals62nd pctl of 1,503 (FY25)
Total margin · incl. nonoperating · FY25
-9.0%
▼ 3.9 pts vs FY24
vs Urban PPS hospitals10th pctl of 1,475 (FY25)
One point of operating margin at NORWALK HOSPITAL is about $3.9M per year (1% of FY25 total operating revenue).
Where NORWALK 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.
One urban pps hospitalNORWALK 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.
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
HCRIS WS G / G-3
$ in thousands
Line item
FY23
FY24
FY25
Patient revenue
354,913
374,136
381,137
Other operating revenue
22,250
15,046
12,237
Total operating revenue
377,164
389,182
393,374
Total operating expenses
413,672
435,085
449,231
Operating income
(36,509)
(45,904)
(55,858)
Operating margin %
-9.7%
-11.8%
-14.2%
Grants & contributions
1,821
2,303
2,306
Investment income
409
1,199
2,573
Other non-operating, net
15,419
21,761
14,288
Net income
(18,860)
(20,641)
(36,691)
Net income %
-4.8%
-5.0%
-8.9%
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 122-bed hospital at 73% occupancy 57% 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
72.8%
Verified fact2025
HCRIS WS S-3
Average daily census
89.10
Verified fact2025
HCRIS WS S-3
Staffed beds (acute)
122
Verified fact2025
HCRIS WS S-3
Annual discharges
9,016
Verified fact2025
HCRIS WS S-3
Average length of stay
3.6d
Verified fact2025
HCRIS WS S-3
Outpatient share of patient revenue
56.8%
Verified fact2025
HCRIS WS G-2 L28
Total FTEs
1,342
Verified fact2025
HCRIS WS S-3 Pt II
Contract labor share of labor cost
22.2%
Verified fact2025
HCRIS WS S-3 Pt V
Who it serves
Total unreimbursed & uncompensated care
$31.6M
Verified fact2023
HCRIS WS S-10 line 31
How the care measures up
C. difficile infection (SIR)
0.141
Better than the National Benchmark
CMS-reported measure07/01/2024 to 06/30/2025
CMS Care Compare
Hospital-wide unplanned readmission
14.7%
No Different Than the National Rate
CMS-reported measure07/01/2023 to 06/30/2024
CMS Care Compare
Medicare spending per beneficiary
1
CMS-reported measure01/01/2024 to 12/31/2024
CMS Care Compare
Patient-safety composite (PSI-90)
0.981397
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
FAIRFIELD 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
Designated
HRSA HPSA
Economic context: 4.0% of county personal income is Medicare/Medicaid medical benefits; 8.3% arrives as government transfers (BEA, 2022).
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