Astrelis
Urban PPS hospital · Hialeah, FL

LARKIN COMMUNITY HOSPITAL PALM SPRINGS CAMPUS

CCN 100050MIAMI-DADE CountyVoluntary non-profit - PrivateUrban (USDA RUCC)105 bedsLatest FY 2024
Cost-report basis
HCRIS · as filed
Not audited by Astrelis
The read

A hospital in Hialeah, FL. It ran an operating surplus of 1.0% in FY24 on $108.6M of operating revenue. It held 3 days of cash on hand (32nd percentile among Urban PPS hospitals on liquidity). Only a single comparable reporting year is available, so trend context is limited.

Operating margin · FY24
+1.0%
vs Urban PPS hospitals47th pctl of 2,562 (FY24)
Days cash on hand · FY24
3d
all sources
vs Urban PPS hospitals32nd pctl of 2,354 (FY24)
Total operating revenue · FY24
$108.6M
vs Urban PPS hospitals23rd pctl of 2,608 (FY24)
Total margin · incl. nonoperating · FY24
+6.1%
vs Urban PPS hospitals52nd 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 LARKIN COMMUNITY HOSPITAL PALM SPRINGS CAMPUS is about $1.1M per year (1% of FY24 total operating revenue).

Where LARKIN COMMUNITY 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.
-20%-10%0%+10%+20%Urban PPS hospital median +2.027429837815152%LARKIN COMMUNITY +1.017867947935115%-20%0%+20%Urban PPS hospital median +2.027429837815152%LARKIN COMMUNITY +1.017867947935115%
One urban pps hospitalLARKIN COMMUNITYUrban 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
+1.0% (FY24)
Operating income ÷ total operating revenue
HCRIS WS G-3
Total margin
+6.1% (FY24)
Net income ÷ total revenue incl. nonoperating
HCRIS WS G-3
Days cash on hand
3d (FY24)
Cash, investments & board-designated reserves ÷ daily operating expense (excl. depreciation)
HCRIS WS G / G-3
Current ratio
0.57× (FY24)
Total current assets ÷ current liabilities
HCRIS WS G
Equity financing ratio
13% (FY24)
Total net assets ÷ total assets
HCRIS WS G
Days in net patient A/R
20d (FY24)
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
HCRIS WS G / G-3
$ in thousands
Line itemFY22FY23FY24
Patient revenue(252,445)74,962108,261
Other operating revenue206319
Total operating revenue(252,445)75,168108,580
Total operating expenses79,07685,990107,475
Operating income(331,521)(10,822)1,105
Operating margin %+131.3%-14.4%+1.0%
Investment income216
Other non-operating, net03,5285,911
Net income(331,521)(7,292)7,032
Net income %+131.3%-9.3%+6.1%
HCRIS Worksheet G-3 / S-3 · $ thousands · FY20–FY24 · where other operating income is not reported, total operating revenue reflects net patient revenue alone · FY20–21 may include COVID-era relief funding in nonoperating income
FY20, FY23, FY24 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).
FY22 operating and total margins are not shown: they compute from near-zero net patient revenue, so the ratio is not meaningful (display gate; statement values unchanged).

How it operates

quality & operational context · CMS public reporting

A 105-bed hospital at 44% occupancy 44% 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
44.2%
Verified fact2024
HCRIS WS S-3
Average daily census
46.53
Verified fact2024
HCRIS WS S-3
Staffed beds (acute)
105
Verified fact2024
HCRIS WS S-3
Annual discharges
3,007
Verified fact2024
HCRIS WS S-3
Average length of stay
5.6d
Verified fact2024
HCRIS WS S-3
Outpatient share of patient revenue
43.6%
Verified fact2024
HCRIS WS G-2 L28
Total FTEs
776.50
Verified fact2024
HCRIS WS S-3 Pt II
Contract labor share of labor cost
10.5%
Verified fact2024
HCRIS WS S-3 Pt V
Who it serves
Total unreimbursed & uncompensated care
$6.5M
Verified fact2023
HCRIS WS S-10 line 31
How the care measures up
C. difficile infection (SIR)
0.188
Better than the National Benchmark
CMS-reported measure07/01/2024 to 06/30/2025
CMS Care Compare
Hospital-wide unplanned readmission
14.7%
No Different Than the National Rate
CMS-reported measure07/01/2023 to 06/30/2024
CMS Care Compare
Medicare spending per beneficiary
1.26
CMS-reported measure01/01/2024 to 12/31/2024
CMS Care Compare
Patient-safety composite (PSI-90)
0.935086
CMS-reported measure07/01/2022 to 06/30/2024
CMS Care Compare

Trajectory

Cost-report basis · 5 reporting years
Operating margin
-12.5%-1.6%-14.4%+1.0%FY20FY21FY22FY23FY24
Days cash on hand
26 days0 days0 days3 daysFY20FY21FY22FY23FY24

The county this hospital serves

MIAMI-DADE County, FL · metro, 1M+ population
Median household income
$68.7K
vs $82.1K US · $59.7K rural median
Poverty rate
14.9%
vs 12.5% US · 14.3% rural median
Uninsured
14.3%
vs 8.6% US · 8.4% rural median
Age 65+
16.8%
vs 16.8% US · 20.6% rural median
Fair or poor health
21.8%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 8.6% of county personal income is Medicare/Medicaid medical benefits; 18.5% arrives as government transfers (BEA, 2022).

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