CCN 100012LEE CountyGovernment - Hospital District or AuthorityUrban (USDA RUCC)541 bedsLatest FY 2024
Cost-report basis
HCRIS · as filed
Not audited by Astrelis
Financial anchor year: FY24. Margin and revenue are as filed for FY24. Days cash on hand is FY23, the most recent year that passed the display gate. Every tile below states its own fiscal year; nothing is carried forward or estimated.
The read
A hospital in Fort Myers, FL. It ran an operating surplus of 6.9% in FY24 on $1578.8M of operating revenue. It held 5 days of cash on hand in FY23, its most recent reported liquidity (36th percentile among Urban PPS hospitals on liquidity). Operating margin declined from 26.2% in FY20 to 6.9% in FY24.
Operating margin · FY24
+6.9%
vs Urban PPS hospitals64th pctl of 2,562 (FY24)
Days cash on hand · FY23
5d
all sources
vs Urban PPS hospitals36th pctl of 2,354 (FY24)
Total operating revenue · FY24
$1.58B
vs Urban PPS hospitals95th pctl of 2,608 (FY24)
Total margin · incl. nonoperating · FY24
+13.6%
vs Urban PPS hospitals74th pctl of 2,563 (FY24)
Benchmarked within its own FY24 pool (n=2,562); the Urban PPS hospital cohort's current year is FY25.
One point of operating margin at LEE MEMORIAL HOSPITAL is about $15.8M per year (1% of FY24 total operating revenue).
Where LEE MEMORIAL HOSPITAL sits among Urban PPS hospitals
Operating margin · FY24 pool · n = 2,562 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 +2.0%. Descriptive context only, not a ranking.
Benchmarked within its own FY24 pool (n=2,562); the Urban PPS hospital cohort's current year is FY25.
One urban pps hospitalLEE MEMORIALUrban 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
FY22
FY23
FY24
Patient revenue
1,276,366
1,305,350
1,578,024
Other operating revenue
105,539
108,463
797
Total operating revenue
1,381,905
1,413,814
1,578,821
Total operating expenses
1,054,224
1,102,738
1,470,506
Operating income
327,681
311,076
108,314
Operating margin %
+23.7%
+22.0%
+6.9%
Grants & contributions
—
—
332
Investment income
—
—
514
Other non-operating, net
2,139
729
121,721
Net income
329,820
311,805
230,881
Net income %
+23.8%
+22.0%
+13.6%
HCRIS Worksheet G-3 / S-3 · $ thousands · FY20–FY24 · FY20–21 may include COVID-era relief funding in nonoperating income
FY22 net patient A/R is not shown: gross A/R was not reported on the filing, making the derived net figure spurious (AR quality flag).
FY23 accounts receivable is not shown: patient receivables not separately identified on the filed balance sheet.
How it operates
quality & operational context · CMS public reporting
A 541-bed hospital at 63% occupancy 58% 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
63.2%
Verified fact2024
HCRIS WS S-3
Average daily census
342.59
Verified fact2024
HCRIS WS S-3
Staffed beds (acute)
541
Verified fact2024
HCRIS WS S-3
Annual discharges
51,406
Verified fact2024
HCRIS WS S-3
Average length of stay
2.6d
Verified fact2024
HCRIS WS S-3
Outpatient share of patient revenue
58.3%
Verified fact2024
HCRIS WS G-2 L28
Total FTEs
5,852
Verified fact2024
HCRIS WS S-3 Pt II
Contract labor share of labor cost
18.7%
Verified fact2024
HCRIS WS S-3 Pt V
Who it serves
Total unreimbursed & uncompensated care
$83.7M
Verified fact2023
HCRIS WS S-10 line 31
How the care measures up
C. difficile infection (SIR)
0.189
Better than the National Benchmark
CMS-reported measure07/01/2024 to 06/30/2025
CMS Care Compare
Hospital-wide unplanned readmission
14.1%
Better Than the National Rate
CMS-reported measure07/01/2023 to 06/30/2024
CMS Care Compare
Medicare spending per beneficiary
0.95
CMS-reported measure01/01/2024 to 12/31/2024
CMS Care Compare
Patient-safety composite (PSI-90)
0.943926
CMS-reported measure07/01/2022 to 06/30/2024
CMS Care Compare
Trajectory
Cost-report basis · 5 reporting years
Operating margin
Days cash on hand
FY24 days cash suppressed: out of display range.
The county this hospital serves
LEE County, FL · metro, 250K–1M
Median household income
$73.1K
vs $82.1K US · $59.7K rural median
Poverty rate
11.7%
vs 12.5% US · 14.3% rural median
Uninsured
12.5%
vs 8.6% US · 8.4% rural median
Age 65+
28.9%
vs 16.8% US · 20.6% rural median
Fair or poor health
19.7%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 7.9% of county personal income is Medicare/Medicaid medical benefits; 21.9% arrives as government transfers (BEA, 2022).
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