A hospital in New Canaan, CT. It ran an operating loss of 6.5% in FY24 on $59.2M of operating revenue. It held 33 days of cash on hand (74th percentile among Psychiatric hospitals on liquidity). Operating margin improved from -8.7% in FY21 to -6.5% in FY24. Including nonoperating items, the all-in result was positive at 5.6%.
Operating margin · FY24
-6.5%
▲ 9.3 pts vs FY23
vs Psychiatric hospitals27th pctl of 437 (FY24)
Days cash on hand · FY24
33d
all sources
▲ 16.4 days vs FY23
vs Psychiatric hospitals74th pctl of 376 (FY24)
Total operating revenue · FY24
$59.2M
▲ 6.3 $M vs FY23
vs Psychiatric hospitals88th pctl of 509 (FY24)
Total margin · incl. nonoperating · FY24
+5.6%
▲ 8.5 pts vs FY23
vs Psychiatric hospitals44th pctl of 434 (FY24)
One point of operating margin at SILVER HILL HOSPITAL INC is about $592K per year (1% of FY24 total operating revenue).
Where SILVER HILL HOSPITAL sits among Psychiatric hospitals
Operating margin · FY24 pool · n = 437 of 610 filed
Each point is one Psychiatric 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 Psychiatric hospital median is +4.8%. Descriptive context only, not a ranking.
One psychiatric hospitalSILVER HILLPsychiatric 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
FY22
FY23
FY24
Patient revenue
45,197
52,131
57,439
Other operating revenue
1,470
810
1,799
Total operating revenue
46,667
52,940
59,237
Total operating expenses
52,703
61,337
63,099
Operating income
(6,036)
(8,396)
(3,861)
Operating margin %
-12.9%
-15.9%
-6.5%
Grants & contributions
2,198
1,514
1,629
Investment income
4,639
3,450
4,684
Other non-operating, net
3,407
1,698
1,286
Net income
4,208
(1,734)
3,738
Net income %
+7.4%
-2.9%
+5.6%
HCRIS Worksheet G-3 / S-3 · $ thousands · FY21–FY24 · FY20–21 may include COVID-era relief funding in nonoperating income
How it operates
quality & operational context · CMS public reporting
A 35-bed hospital at 87% occupancy 49% 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
87.0%
Verified fact2024
HCRIS WS S-3
Average daily census
30.52
Verified fact2024
HCRIS WS S-3
Staffed beds (acute)
35
Verified fact2024
HCRIS WS S-3
Annual discharges
961
Verified fact2024
HCRIS WS S-3
Average length of stay
11.6d
Verified fact2024
HCRIS WS S-3
Outpatient share of patient revenue
48.9%
Verified fact2024
HCRIS WS G-2 L28
How the care measures up
No public quality measures are reported for this facility in the current Care Compare refresh.
Trajectory
Cost-report basis · 4 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
Poverty rate
Not available
vs 12.5% US
Uninsured
Not available
vs 8.6% US
Age 65+
Not available
vs 16.8% US
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).
The Board Briefing$1,000
The free profile shows the record. The Board Briefing tells you what changed, what matters, and what your board should ask. 35+ pages, built entirely from public sources, no client data required. Delivered within 2 business days. If we cannot deliver the published scope for your facility, you pay nothing.
