A hospital in New Port Richey, FL. It ran an operating surplus of 2.7% in FY24 on $210.8M of operating revenue. It held 0 days of cash on hand (0th percentile among Urban PPS hospitals on liquidity). Operating margin improved from -5.3% in FY20 to 2.7% in FY24.
Operating margin · FY24
+2.7%
vs Urban PPS hospitals52nd pctl of 2,562 (FY24)
Days cash on hand · FY24
0d
all sources
vs Urban PPS hospitals0th pctl of 2,354 (FY24)
Total operating revenue · FY24
$210.8M
vs Urban PPS hospitals43rd pctl of 2,608 (FY24)
Total margin · incl. nonoperating · FY24
+2.7%
vs Urban PPS hospitals38th 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 MORTON PLANT NORTH BAY HOSPITAL is about $2.1M per year (1% of FY24 total operating revenue).
Where MORTON PLANT NORTH 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 hospitalMORTON PLANTUrban 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
FY22
FY23
FY24
Patient revenue
183,235
182,954
208,829
Other operating revenue
1,198
1,638
2,020
Total operating revenue
184,433
184,592
210,849
Total operating expenses
189,088
196,090
205,193
Operating income
(4,656)
(11,498)
5,656
Operating margin %
-2.5%
-6.2%
+2.7%
Other non-operating, net
(95)
25
(36)
Net income
(4,751)
(11,473)
5,620
Net income %
-2.6%
-6.2%
+2.7%
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 200-bed hospital at 72% occupancy 41% 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
72.0%
Verified fact2024
HCRIS WS S-3
Average daily census
144.39
Verified fact2024
HCRIS WS S-3
Staffed beds (acute)
200
Verified fact2024
HCRIS WS S-3
Annual discharges
11,928
Verified fact2024
HCRIS WS S-3
Average length of stay
4.4d
Verified fact2024
HCRIS WS S-3
Outpatient share of patient revenue
40.6%
Verified fact2024
HCRIS WS G-2 L28
Total FTEs
1,002
Verified fact2024
HCRIS WS S-3 Pt II
Contract labor share of labor cost
19.2%
Verified fact2024
HCRIS WS S-3 Pt V
Who it serves
Total unreimbursed & uncompensated care
$25.4M
Verified fact2023
HCRIS WS S-10 line 31
How the care measures up
C. difficile infection (SIR)
0.118
Better than the National Benchmark
CMS-reported measure07/01/2024 to 06/30/2025
CMS Care Compare
Hospital-wide unplanned readmission
16%
No Different Than the National Rate
CMS-reported measure07/01/2023 to 06/30/2024
CMS Care Compare
Medicare spending per beneficiary
0.98
CMS-reported measure01/01/2024 to 12/31/2024
CMS Care Compare
Patient-safety composite (PSI-90)
0.824134
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
The county this hospital serves
PASCO County, FL · metro, 1M+ population
Median household income
$67.4K
vs $82.1K US · $59.7K rural median
Poverty rate
11.1%
vs 12.5% US · 14.3% rural median
Uninsured
10.7%
vs 8.6% US · 8.4% rural median
Age 65+
22.0%
vs 16.8% US · 20.6% rural median
Fair or poor health
18.0%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 9.5% of county personal income is Medicare/Medicaid medical benefits; 23.8% arrives as government transfers (BEA, 2022).
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