Astrelis
Urban PPS hospital · New Britain, CT

THE HOSPITAL OF CENTRAL CONNECTICUT

CCN 070035Voluntary non-profit - Other230 bedsLatest FY 2025
Cost-report basis
HCRIS · as filed
Not audited by Astrelis
The read

A hospital in New Britain, CT. It ran an operating loss of 3.7% in FY25 on $701.6M of operating revenue. It held 177 days of cash on hand (81st percentile among Urban PPS hospitals on liquidity). Operating margin improved from -8.5% in FY20 to -3.7% in FY25, though it fell 0.8 points in the most recent year. Including nonoperating items, the all-in result was positive at 5.2%.

Operating margin · FY25
-3.7%
0.8 pts vs FY24
vs Urban PPS hospitals35th pctl of 1,475 (FY25)
Days cash on hand · FY25
177d
all sources
0.9 days vs FY24
vs Urban PPS hospitals81st pctl of 1,386 (FY25)
Total operating revenue · FY25
$701.6M
34.2 $M vs FY24
vs Urban PPS hospitals80th pctl of 1,503 (FY25)
Total margin · incl. nonoperating · FY25
+5.2%
0.4 pts vs FY24
vs Urban PPS hospitals46th pctl of 1,475 (FY25)
One point of operating margin at THE HOSPITAL OF CENTRAL CONNECTICUT is about $7.0M per year (1% of FY25 total operating revenue).

Where THE HOSPITAL OF 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%THE HOSPITAL -3.672318397193812%-20%0%+20%Urban PPS hospital median +1.3311360264910879%THE HOSPITAL -3.672318397193812%
One urban pps hospitalTHE 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
-3.7% (FY25)
Operating income ÷ total operating revenue
HCRIS WS G-3
Total margin
+5.2% (FY25)
Net income ÷ total revenue incl. nonoperating
HCRIS WS G-3
Days cash on hand
177d (FY25)
Cash, investments & board-designated reserves ÷ daily operating expense (excl. depreciation)
HCRIS WS G / G-3
Current ratio
4.88× (FY25)
Total current assets ÷ current liabilities
HCRIS WS G
Equity financing ratio
78% (FY25)
Total net assets ÷ total assets
HCRIS WS G
Days in net patient A/R
39d (FY25)
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
HCRIS WS G / G-3
$ in thousands
Line itemFY23FY24FY25
Patient revenue614,376665,145697,252
Other operating revenue1,8532,2964,397
Total operating revenue616,229667,441701,649
Total operating expenses637,285686,732727,416
Operating income(21,056)(19,292)(25,767)
Operating margin %-3.4%-2.9%-3.7%
Grants & contributions3,8102,9912,203
Investment income1,4533,8793,134
Other non-operating, net62,16852,92960,483
Net income46,37540,50740,053
Net income %+6.8%+5.6%+5.2%
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 230-bed hospital at 67% 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
67.3%
Verified fact2025
HCRIS WS S-3
Average daily census
156.67
Verified fact2025
HCRIS WS S-3
Staffed beds (acute)
230
Verified fact2025
HCRIS WS S-3
Annual discharges
12,807
Verified fact2025
HCRIS WS S-3
Average length of stay
4.5d
Verified fact2025
HCRIS WS S-3
Outpatient share of patient revenue
57.5%
Verified fact2025
HCRIS WS G-2 L28
Total FTEs
2,372
Verified fact2025
HCRIS WS S-3 Pt II
Contract labor share of labor cost
19.2%
Verified fact2025
HCRIS WS S-3 Pt V
Who it serves
Total unreimbursed & uncompensated care
$62.4M
Verified fact2023
HCRIS WS S-10 line 31
How the care measures up
C. difficile infection (SIR)
0.208
Better than the National Benchmark
CMS-reported measure07/01/2024 to 06/30/2025
CMS Care Compare
Hospital-wide unplanned readmission
14.6%
No Different Than the National Rate
CMS-reported measure07/01/2023 to 06/30/2024
CMS Care Compare
Medicare spending per beneficiary
1.03
CMS-reported measure01/01/2024 to 12/31/2024
CMS Care Compare
Patient-safety composite (PSI-90)
1.028079
CMS-reported measure07/01/2022 to 06/30/2024
CMS Care Compare

Trajectory

Cost-report basis · 6 reporting years
Operating margin
-8.5%-0.8%-4.9%-3.4%-2.9%-3.7%FY20FY21FY22FY23FY24FY25
Days cash on hand
242 days246 days179 days164 days178 days177 daysFY20FY21FY22FY23FY24FY25

The county this hospital serves

HARTFORD 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: 9.0% of county personal income is Medicare/Medicaid medical benefits; 18.1% arrives as government transfers (BEA, 2022).

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