Astrelis
Psychiatric hospital · New Castle, DE

MEADOWWOOD BEHAVIORAL HEALTH SYSTEM

CCN 084003NEW CASTLE CountyProprietaryUrban (USDA RUCC)130 bedsLatest FY 2024
Cost-report basis
HCRIS · as filed
Not audited by Astrelis
The read

A hospital in New Castle, DE. It ran an operating surplus of 11.8% in FY24 on $35.5M of operating revenue. Operating margin declined from 20.5% in FY20 to 11.8% in FY24.

Operating margin · FY24
+11.8%
2.6 pts vs FY23
vs Psychiatric hospitals66th pctl of 437 (FY24)
Days cash on hand
Not available
all sources
vs Psychiatric hospitals
Total operating revenue · FY24
$35.5M
0.2 $M vs FY23
vs Psychiatric hospitals69th pctl of 509 (FY24)
Total margin · incl. nonoperating · FY24
+11.8%
2.6 pts vs FY23
vs Psychiatric hospitals62nd pctl of 434 (FY24)
One point of operating margin at MEADOWWOOD BEHAVIORAL HEALTH SYSTEM is about $355K per year (1% of FY24 total operating revenue).

Where MEADOWWOOD BEHAVIORAL HEALTH 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.

-20%-10%0%+10%+20%Psychiatric hospital median +4.788257940327237%MEADOWWOOD BEHAVIORAL +11.77680246544934%-20%0%+20%Psychiatric hospital median +4.788257940327237%MEADOWWOOD BEHAVIORAL +11.77680246544934%
One psychiatric hospitalMEADOWWOOD BEHAVIORALPsychiatric 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
+11.8% (FY24)
Operating income ÷ total operating revenue
HCRIS WS G-3
Total margin
+11.8% (FY24)
Net income ÷ total revenue incl. nonoperating
HCRIS WS G-3
Days cash on hand
Not reported in this filing
Cash, investments & board-designated reserves ÷ daily operating expense (excl. depreciation)
HCRIS WS G / G-3
Current ratio
Not shown, balance sheet did not reconcile as filed
Total current assets ÷ current liabilities
HCRIS WS G
Equity financing ratio
Not shown, balance sheet did not reconcile as filed
Total net assets ÷ total assets
HCRIS WS G
Days in net patient A/R
Not shown, balance sheet did not reconcile as filed
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
HCRIS WS G / G-3
$ in thousands
Line itemFY22FY23FY24
Patient revenue30,46235,24935,496
Other operating revenue14223
Total operating revenue30,60435,25135,499
Total operating expenses27,53130,17931,318
Operating income3,0735,0734,181
Operating margin %+10.0%+14.4%+11.8%
Other non-operating, net053
Net income3,0735,0784,184
Net income %+10.0%+14.4%+11.8%
HCRIS Worksheet G-3 / S-3 · $ thousands · FY20–FY24 · FY20–21 may include COVID-era relief funding in nonoperating income

How it operates

quality & operational context · CMS public reporting

A 130-bed hospital at 86% occupancy 4% 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
85.7%
Verified fact2024
HCRIS WS S-3
Average daily census
111.68
Verified fact2024
HCRIS WS S-3
Staffed beds (acute)
130
Verified fact2024
HCRIS WS S-3
Annual discharges
3,716
Verified fact2024
HCRIS WS S-3
Average length of stay
11.0d
Verified fact2024
HCRIS WS S-3
Outpatient share of patient revenue
4.5%
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 · 5 reporting years
Operating margin
+20.5%+21.6%+10.0%+14.4%+11.8%FY20FY21FY22FY23FY24
Days cash on hand
Not available
FY24 days cash suppressed: out of display range.

The county this hospital serves

NEW CASTLE County, DE · metro, 1M+ population
Median household income
$89.9K
vs $82.1K US
Poverty rate
10.2%
vs 12.5% US
Uninsured
5.7%
vs 8.6% US
Age 65+
16.6%
vs 16.8% US
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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