Astrelis
Urban PPS hospital · Sarasota, FL

SARASOTA MEMORIAL HOSPITAL

CCN 100087SARASOTA CountyGovernment - Hospital District or AuthorityUrban (USDA RUCC)696 bedsLatest FY 2025
Cost-report basis
HCRIS · as filed
Not audited by Astrelis
The read

A hospital in Sarasota, FL. It ran an operating surplus of 15.6% in FY25 on $1576.3M of operating revenue. It held 36 days of cash on hand (55th percentile among Urban PPS hospitals on liquidity). Operating margin improved from 1.1% in FY20 to 15.6% in FY25.

Operating margin · FY25
+15.6%
0.3 pts vs FY24
vs Urban PPS hospitals84th pctl of 1,475 (FY25)
Days cash on hand · FY25
36d
all sources
9.1 days vs FY24
vs Urban PPS hospitals55th pctl of 1,386 (FY25)
Total operating revenue · FY25
$1.58B
127.2 $M vs FY24
vs Urban PPS hospitals93rd pctl of 1,503 (FY25)
Total margin · incl. nonoperating · FY25
+17.9%
0.5 pts vs FY24
vs Urban PPS hospitals83rd pctl of 1,475 (FY25)
One point of operating margin at SARASOTA MEMORIAL HOSPITAL is about $15.8M per year (1% of FY25 total operating revenue).

Where SARASOTA MEMORIAL HOSPITAL sits among Urban PPS hospitals

Operating margin · FY25 pool · n = 1,475 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 +1.3%. Descriptive context only, not a ranking.

-20%-10%0%+10%+20%Urban PPS hospital median +1.3311360264910879%SARASOTA MEMORIAL +15.58535591198829%-20%0%+20%Urban PPS hospital median +1.3311360264910879%SARASOTA MEMORIAL +15.58535591198829%
One urban pps hospitalSARASOTA 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.

Operating margin
+15.6% (FY25)
Operating income ÷ total operating revenue
HCRIS WS G-3
Total margin
+17.9% (FY25)
Net income ÷ total revenue incl. nonoperating
HCRIS WS G-3
Days cash on hand
36d (FY25)
Cash, investments & board-designated reserves ÷ daily operating expense (excl. depreciation)
HCRIS WS G / G-3
Current ratio
1.70× (FY25)
Total current assets ÷ current liabilities
HCRIS WS G
Equity financing ratio
66% (FY25)
Total net assets ÷ total assets
HCRIS WS G
Days in net patient A/R
47d (FY25)
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
HCRIS WS G / G-3
$ in thousands
Line itemFY23FY24FY25
Patient revenue1,247,8351,380,5751,508,686
Other operating revenue60,57768,45267,582
Total operating revenue1,308,4111,449,0271,576,268
Total operating expenses1,113,9651,228,1611,330,601
Operating income194,446220,866245,667
Operating margin %+14.9%+15.2%+15.6%
Investment income1,7853,2814,004
Other non-operating, net27,15033,63939,728
Net income223,381257,786289,399
Net income %+16.7%+17.3%+17.9%
HCRIS Worksheet G-3 / S-3 · $ thousands · FY20–FY25 · FY20–21 may include COVID-era relief funding in nonoperating income
FY23 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).

How it operates

quality & operational context · CMS public reporting

A 696-bed hospital at 74% occupancy 42% 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
74.2%
Verified fact2025
HCRIS WS S-3
Average daily census
517.60
Verified fact2025
HCRIS WS S-3
Staffed beds (acute)
696
Verified fact2025
HCRIS WS S-3
Annual discharges
48,203
Verified fact2025
HCRIS WS S-3
Average length of stay
3.9d
Verified fact2025
HCRIS WS S-3
Outpatient share of patient revenue
42.3%
Verified fact2025
HCRIS WS G-2 L28
Total FTEs
5,066
Verified fact2025
HCRIS WS S-3 Pt II
Contract labor share of labor cost
24.0%
Verified fact2025
HCRIS WS S-3 Pt V
Who it serves
Total unreimbursed & uncompensated care
$135.8M
Verified fact2023
HCRIS WS S-10 line 31
How the care measures up
C. difficile infection (SIR)
0.549
Better than the National Benchmark
CMS-reported measure07/01/2024 to 06/30/2025
CMS Care Compare
Hospital-wide unplanned readmission
15.7%
Worse Than the National Rate
CMS-reported measure07/01/2023 to 06/30/2024
CMS Care Compare
Medicare spending per beneficiary
1.05
CMS-reported measure01/01/2024 to 12/31/2024
CMS Care Compare
Patient-safety composite (PSI-90)
0.736776
CMS-reported measure07/01/2022 to 06/30/2024
CMS Care Compare

Trajectory

Cost-report basis · 6 reporting years
Operating margin
+1.1%-1.0%+12.2%+14.9%+15.2%+15.6%FY20FY21FY22FY23FY24FY25
Days cash on hand
625 days461 days42 days15 days27 days36 daysFY20FY21FY22FY23FY24FY25

The county this hospital serves

SARASOTA County, FL · metro, 250K–1M
Median household income
$80.6K
vs $82.1K US · $59.7K rural median
Poverty rate
8.2%
vs 12.5% US · 14.3% rural median
Uninsured
10.0%
vs 8.6% US · 8.4% rural median
Age 65+
37.3%
vs 16.8% US · 20.6% rural median
Fair or poor health
18.3%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 7.6% of county personal income is Medicare/Medicaid medical benefits; 19.3% arrives as government transfers (BEA, 2022).

Portfolio Performance ReviewFrom $7,500Founding Edition

Every facility in your portfolio, benchmarked and triaged: which are fine, which need a closer look, which need attention now. Requires only a CCN roster. Founding Edition: delivered within 30 days of eligibility confirmation, full refund if the published scope cannot be delivered.

build aa21187 · 2026-07-23