A hospital in Davenport, FL. It ran an operating surplus of 19.0% in FY25 on $363.5M of operating revenue. It held 204 days of cash on hand (84th percentile among Urban PPS hospitals on liquidity). Operating margin improved from 5.4% in FY21 to 19.0% in FY25.
Operating margin · FY25
+19.0%
▲ 3.0 pts vs FY24
vs Urban PPS hospitals89th pctl of 1,475 (FY25)
Days cash on hand · FY25
204d
all sources
▼ 10.5 days vs FY24
vs Urban PPS hospitals84th pctl of 1,386 (FY25)
Total operating revenue · FY25
$363.5M
▲ 57.0 $M vs FY24
vs Urban PPS hospitals59th pctl of 1,503 (FY25)
Total margin · incl. nonoperating · FY25
+21.8%
▲ 1.7 pts vs FY24
vs Urban PPS hospitals89th pctl of 1,475 (FY25)
One point of operating margin at ADVENTHEALTH HEART OF FLORIDA is about $3.6M per year (1% of FY25 total operating revenue).
Where ADVENTHEALTH HEART OF 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.
One urban pps hospitalADVENTHEALTH HEARTUrban 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
FY23
FY24
FY25
Patient revenue
258,552
298,857
360,746
Other operating revenue
927
7,625
2,731
Total operating revenue
259,479
306,482
363,477
Total operating expenses
228,546
257,267
294,284
Operating income
30,933
49,215
69,194
Operating margin %
+11.9%
+16.1%
+19.0%
Grants & contributions
—
6,561
1,755
Investment income
1,685
7,848
9,888
Other non-operating, net
826
1,081
1,321
Net income
33,444
64,705
82,158
Net income %
+12.8%
+20.1%
+21.8%
HCRIS Worksheet G-3 / S-3 · $ thousands · FY21–FY25 · FY20–21 may include COVID-era relief funding in nonoperating income
How it operates
quality & operational context · CMS public reporting
A 187-bed hospital at 60% 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
60.3%
Verified fact2025
HCRIS WS S-3
Average daily census
113.09
Verified fact2025
HCRIS WS S-3
Staffed beds (acute)
187
Verified fact2025
HCRIS WS S-3
Annual discharges
10,828
Verified fact2025
HCRIS WS S-3
Average length of stay
3.8d
Verified fact2025
HCRIS WS S-3
Outpatient share of patient revenue
50.5%
Verified fact2025
HCRIS WS G-2 L28
Total FTEs
1,036
Verified fact2025
HCRIS WS S-3 Pt II
How the care measures up
C. difficile infection (SIR)
0
Better than the National Benchmark
CMS-reported measure07/01/2024 to 06/30/2025
CMS Care Compare
Hospital-wide unplanned readmission
15.5%
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)
0.95206
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
POLK County, FL
Median household income
$63.6K
vs $82.1K US · $59.7K rural median
Poverty rate
14.7%
vs 12.5% US · 14.3% rural median
Uninsured
13.0%
vs 8.6% US · 8.4% rural median
Age 65+
19.7%
vs 16.8% US · 20.6% rural median
Fair or poor health
22.4%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 11.0% of county personal income is Medicare/Medicaid medical benefits; 28.0% arrives as government transfers (BEA, 2022).
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