Astrelis
Urban PPS hospital · Newark, DE

CHRISTIANA HOSPITAL

CCN 080001Voluntary non-profit - PrivateUrban (USDA RUCC)1053 bedsLatest FY 2025
Cost-report basis
HCRIS · as filed
Not audited by Astrelis
The read

A hospital in Newark, DE. It ran an operating loss of 12.8% in FY25 on $2558.2M of operating revenue. It held 61 days of cash on hand (62nd percentile among Urban PPS hospitals on liquidity). Operating margin declined from -6.6% in FY21 to -12.8% in FY25. Including nonoperating items, the all-in result was positive at 10.9%.

Operating margin · FY25
-12.8%
3.9 pts vs FY24
vs Urban PPS hospitals17th pctl of 1,475 (FY25)
Days cash on hand · FY25
61d
all sources
320.1 days vs FY24
vs Urban PPS hospitals62nd pctl of 1,386 (FY25)
Total operating revenue · FY25
$2.56B
131.1 $M vs FY24
vs Urban PPS hospitals97th pctl of 1,503 (FY25)
Total margin · incl. nonoperating · FY25
+10.9%
4.3 pts vs FY24
vs Urban PPS hospitals66th pctl of 1,475 (FY25)
One point of operating margin at CHRISTIANA HOSPITAL is about $25.6M per year (1% of FY25 total operating revenue).

Where CHRISTIANA 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%CHRISTIANA HOSPITAL -12.844706920938185%-20%0%+20%Urban PPS hospital median +1.3311360264910879%CHRISTIANA HOSPITAL -12.844706920938185%
One urban pps hospitalCHRISTIANA 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
-12.8% (FY25)
Operating income ÷ total operating revenue
HCRIS WS G-3
Total margin
+10.9% (FY25)
Net income ÷ total revenue incl. nonoperating
HCRIS WS G-3
Days cash on hand
61d (FY25)
Cash, investments & board-designated reserves ÷ daily operating expense (excl. depreciation)
HCRIS WS G / G-3
Current ratio
2.78× (FY25)
Total current assets ÷ current liabilities
HCRIS WS G
Equity financing ratio
59% (FY25)
Total net assets ÷ total assets
HCRIS WS G
Days in net patient A/R
76d (FY25)
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
HCRIS WS G / G-3
$ in thousands
Line itemFY23FY24FY25
Patient revenue2,261,4162,401,6522,537,095
Other operating revenue24,03625,49021,136
Total operating revenue2,285,4512,427,1422,558,231
Total operating expenses2,592,1172,644,3762,886,829
Operating income(306,666)(217,234)(328,597)
Operating margin %-13.4%-9.0%-12.8%
Grants & contributions793388611
Investment income45,63761,88963,204
Other non-operating, net552,157629,068616,349
Net income291,921474,111351,567
Net income %+10.1%+15.2%+10.9%
HCRIS Worksheet G-3 / S-3 · $ thousands · FY21–FY25 · FY20–21 may include COVID-era relief funding in nonoperating income

How it operates

quality & operational context · CMS public reporting

A 1053-bed hospital at 84% occupancy 45% 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
84.1%
Verified fact2025
HCRIS WS S-3
Average daily census
822.62
Verified fact2025
HCRIS WS S-3
Staffed beds (acute)
1,053
Verified fact2025
HCRIS WS S-3
Annual discharges
57,226
Verified fact2025
HCRIS WS S-3
Average length of stay
5.2d
Verified fact2025
HCRIS WS S-3
Outpatient share of patient revenue
45.3%
Verified fact2025
HCRIS WS G-2 L28
Total FTEs
11,900
Verified fact2025
HCRIS WS S-3 Pt II
How the care measures up
C. difficile infection (SIR)
0.45
Better than the National Benchmark
CMS-reported measure07/01/2024 to 06/30/2025
CMS Care Compare
Hospital-wide unplanned readmission
14.5%
No Different Than the National Rate
CMS-reported measure07/01/2023 to 06/30/2024
CMS Care Compare
Medicare spending per beneficiary
1.04
CMS-reported measure01/01/2024 to 12/31/2024
CMS Care Compare
Patient-safety composite (PSI-90)
0.769171
CMS-reported measure07/01/2022 to 06/30/2024
CMS Care Compare

Trajectory

Cost-report basis · 5 reporting years
Operating margin
-6.6%-14.4%-13.4%-9.0%-12.8%FY21FY22FY23FY24FY25
Days cash on hand
533 days358 days365 days381 days61 daysFY21FY22FY23FY24FY25

The county this hospital serves

Location, DE
Median household income
$89.9K
vs $82.1K US · $59.7K rural median
Poverty rate
10.2%
vs 12.5% US · 14.3% rural median
Uninsured
5.7%
vs 8.6% US · 8.4% rural median
Age 65+
16.6%
vs 16.8% US · 20.6% rural median
Fair or poor health
17.5%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 9.1% of county personal income is Medicare/Medicaid medical benefits; 19.3% arrives as government transfers (BEA, 2022).

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