A hospital in Tampa, FL. It ran an operating surplus of 13.9% in FY24 on $296.4M of operating revenue. It held 210 days of cash on hand (86th percentile among Urban PPS hospitals on liquidity). Operating margin improved from 6.7% in FY20 to 13.9% in FY24.
Operating margin · FY24
+13.9%
▲ 3.5 pts vs FY23
vs Urban PPS hospitals79th pctl of 2,562 (FY24)
Days cash on hand · FY24
210d
all sources
▲ 58.1 days vs FY23
vs Urban PPS hospitals86th pctl of 2,354 (FY24)
Total operating revenue · FY24
$296.4M
▲ 37.3 $M vs FY23
vs Urban PPS hospitals54th pctl of 2,608 (FY24)
Total margin · incl. nonoperating · FY24
+16.9%
▲ 5.4 pts vs FY23
vs Urban PPS hospitals81st 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 Carrollwood is about $3.0M per year (1% of FY24 total operating revenue).
Where AdventHealth Carrollwood 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 CarrollwoodUrban 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
FY21
FY23
FY24
Patient revenue
214,649
257,372
295,022
Other operating revenue
499
1,787
1,405
Total operating revenue
215,147
259,159
296,428
Total operating expenses
193,585
232,430
255,333
Operating income
21,562
26,729
41,094
Operating margin %
+10.0%
+10.3%
+13.9%
Investment income
8,119
3,211
4,861
Other non-operating, net
498
355
5,959
Net income
30,179
30,295
51,914
Net income %
+13.5%
+11.5%
+16.9%
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 111-bed hospital at 73% occupancy 52% 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
73.4%
Verified fact2024
HCRIS WS S-3
Average daily census
81.65
Verified fact2024
HCRIS WS S-3
Staffed beds (acute)
111
Verified fact2024
HCRIS WS S-3
Annual discharges
7,691
Verified fact2024
HCRIS WS S-3
Average length of stay
3.9d
Verified fact2024
HCRIS WS S-3
Outpatient share of patient revenue
51.9%
Verified fact2024
HCRIS WS G-2 L28
Total FTEs
927.60
Verified fact2024
HCRIS WS S-3 Pt II
Who it serves
Total unreimbursed & uncompensated care
$34.6M
Verified fact2023
HCRIS WS S-10 line 31
How the care measures up
C. difficile infection (SIR)
0.185
Better than the National Benchmark
CMS-reported measure07/01/2024 to 06/30/2025
CMS Care Compare
Hospital-wide unplanned readmission
15%
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)
0.881821
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
HILLSBOROUGH, FL · metro, 1M+ population
Median household income
$75.0K
vs $82.1K US · $59.7K rural median
Poverty rate
13.2%
vs 12.5% US · 14.3% rural median
Uninsured
11.5%
vs 8.6% US · 8.4% rural median
Age 65+
14.8%
vs 16.8% US · 20.6% rural median
Fair or poor health
18.8%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 7.2% of county personal income is Medicare/Medicaid medical benefits; 17.9% arrives as government transfers (BEA, 2022).
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