Financial anchor year: FY24. Margin and revenue are as filed for FY24. Balance-sheet measures (current ratio, equity financing, days in A/R) use FY21, the latest filing whose balance sheet reconciled as filed. Every tile below states its own fiscal year; nothing is carried forward or estimated.
The read
A hospital in Sebring, FL. It ran an operating surplus of 22.8% in FY24 on $474.8M of operating revenue. It held 240 days of cash on hand (88th percentile among Urban PPS hospitals on liquidity). Operating margin improved from 6.7% in FY20 to 22.8% in FY24. These figures come from filings spanning FY21–FY24: read each by its own year rather than as one current picture.
Operating margin · FY24
+22.8%
▲ 18.8 pts vs FY23
vs Urban PPS hospitals92nd pctl of 2,562 (FY24)
Days cash on hand · FY24
240d
all sources
▲ 18.2 days vs FY23
vs Urban PPS hospitals88th pctl of 2,354 (FY24)
Total operating revenue · FY24
$474.8M
▲ 153.9 $M vs FY23
vs Urban PPS hospitals70th pctl of 2,608 (FY24)
Total margin · incl. nonoperating · FY24
+24.7%
▲ 16.6 pts vs FY23
vs Urban PPS hospitals92nd 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 SEBRING is about $4.7M per year (1% of FY24 total operating revenue).
Where ADVENTHEALTH SEBRING 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 SEBRINGUrban 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
FY22
FY23
FY24
Patient revenue
279,683
318,554
473,159
Other operating revenue
1,950
2,361
1,641
Total operating revenue
281,634
320,915
474,800
Total operating expenses
288,241
307,934
366,387
Operating income
(6,608)
12,981
108,413
Operating margin %
-2.3%
+4.0%
+22.8%
Investment income
(26,267)
11,467
9,025
Other non-operating, net
2,261
2,649
2,798
Net income
(30,614)
27,097
120,236
Net income %
-11.9%
+8.1%
+24.7%
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 182-bed hospital at 81% occupancy 49% 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
81.1%
Verified fact2024
HCRIS WS S-3
Average daily census
148.08
Verified fact2024
HCRIS WS S-3
Staffed beds (acute)
182
Verified fact2024
HCRIS WS S-3
Annual discharges
13,035
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
1,736
Verified fact2024
HCRIS WS S-3 Pt II
Who it serves
Total unreimbursed & uncompensated care
$29.7M
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
14.5%
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)
0.963219
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
HIGHLANDS County, FL · metro, under 250K
Median household income
$55.6K
vs $82.1K US · $59.7K rural median
Poverty rate
15.4%
vs 12.5% US · 14.3% rural median
Uninsured
12.7%
vs 8.6% US · 8.4% rural median
Age 65+
35.9%
vs 16.8% US · 20.6% rural median
Fair or poor health
25.9%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 17.2% of county personal income is Medicare/Medicaid medical benefits; 41.1% arrives as government transfers (BEA, 2022).
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