Financial anchor year: FY24. Margin and revenue are as filed for FY24. Days cash on hand is FY22, 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 Tarpon Springs, FL. It ran an operating loss of 1.6% in FY24 on $187.7M of operating revenue. It held 0 days of cash on hand in FY22, its most recent reported liquidity (0th percentile among Urban PPS hospitals on liquidity). Operating margin improved from -8.8% in FY20 to -1.6% in FY24.
Operating margin · FY24
-1.6%
▲ 3.6 pts vs FY23
vs Urban PPS hospitals38th pctl of 2,562 (FY24)
Days cash on hand · FY22
0d
all sources
vs Urban PPS hospitals0th pctl of 2,354 (FY24)
Total operating revenue · FY24
$187.7M
▲ 22.9 $M vs FY23
vs Urban PPS hospitals39th pctl of 2,608 (FY24)
Total margin · incl. nonoperating · FY24
-0.5%
▲ 4.3 pts vs FY23
vs Urban PPS hospitals26th 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 ADVENTHEALTH NORTH PINELLAS is about $1.9M per year (1% of FY24 total operating revenue).
Where ADVENTHEALTH NORTH PINELLAS 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 hospitalADVENTHEALTH NORTHUrban 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.
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 item
FY21
FY23
FY24
Patient revenue
136,712
163,562
184,758
Other operating revenue
1,111
1,293
2,976
Total operating revenue
137,824
164,855
187,734
Total operating expenses
144,932
173,322
190,694
Operating income
(7,108)
(8,467)
(2,961)
Operating margin %
-5.2%
-5.1%
-1.6%
Investment income
—
102
52
Other non-operating, net
4,359
502
1,993
Net income
(2,749)
(7,863)
(916)
Net income %
-1.9%
-4.8%
-0.5%
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 123-bed hospital at 58% occupancy 50% 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
57.9%
Verified fact2024
HCRIS WS S-3
Average daily census
71.41
Verified fact2024
HCRIS WS S-3
Staffed beds (acute)
123
Verified fact2024
HCRIS WS S-3
Annual discharges
6,378
Verified fact2024
HCRIS WS S-3
Average length of stay
4.1d
Verified fact2024
HCRIS WS S-3
Outpatient share of patient revenue
49.5%
Verified fact2024
HCRIS WS G-2 L28
Total FTEs
738.70
Verified fact2024
HCRIS WS S-3 Pt II
Who it serves
Total unreimbursed & uncompensated care
$21.3M
Verified fact2023
HCRIS WS S-10 line 31
How the care measures up
C. difficile infection (SIR)
0.501
No Different than National Benchmark
CMS-reported measure07/01/2024 to 06/30/2025
CMS Care Compare
Hospital-wide unplanned readmission
14.9%
No Different Than the National Rate
CMS-reported measure07/01/2023 to 06/30/2024
CMS Care Compare
Medicare spending per beneficiary
1.02
CMS-reported measure01/01/2024 to 12/31/2024
CMS Care Compare
Patient-safety composite (PSI-90)
0.838629
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
PINELLAS County, FL · metro, 1M+ population
Median household income
$70.3K
vs $82.1K US · $59.7K rural median
Poverty rate
11.4%
vs 12.5% US · 14.3% rural median
Uninsured
10.7%
vs 8.6% US · 8.4% rural median
Age 65+
25.9%
vs 16.8% US · 20.6% rural median
Fair or poor health
18.9%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 9.3% of county personal income is Medicare/Medicaid medical benefits; 21.4% arrives as government transfers (BEA, 2022).
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