Astrelis
Urban PPS hospital · Jacksonville, FL

MAYO CLINIC

CCN 100151DUVAL CountyVoluntary non-profit - PrivateUrban (USDA RUCC)252 bedsLatest FY 2024
Cost-report basis
HCRIS · as filed
Not audited by Astrelis
The read

A hospital in Jacksonville, FL. It ran an operating surplus of 24.1% in FY24 on $1409.1M of operating revenue. It held 0 days of cash on hand (23rd percentile among Urban PPS hospitals on liquidity). Operating margin improved from 21.6% in FY20 to 24.1% in FY24, though it fell 1.8 points in the most recent year.

Operating margin · FY24
+24.1%
1.8 pts vs FY23
vs Urban PPS hospitals92nd pctl of 2,562 (FY24)
Days cash on hand · FY24
0d
all sources
0.0 days vs FY23
vs Urban PPS hospitals23rd pctl of 2,354 (FY24)
Total operating revenue · FY24
$1.41B
137.5 $M vs FY23
vs Urban PPS hospitals93rd pctl of 2,608 (FY24)
Total margin · incl. nonoperating · FY24
+24.1%
1.8 pts vs FY23
vs Urban PPS hospitals91st 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 MAYO CLINIC is about $14.1M per year (1% of FY24 total operating revenue).

Where MAYO CLINIC 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.
-20%-10%0%+10%+20%Urban PPS hospital median +2.027429837815152%MAYO CLINIC +24.10873846049467%-20%0%+20%Urban PPS hospital median +2.027429837815152%MAYO CLINIC +24.10873846049467%
One urban pps hospitalMAYO CLINICUrban 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
+24.1% (FY24)
Operating income ÷ total operating revenue
HCRIS WS G-3
Total margin
+24.1% (FY24)
Net income ÷ total revenue incl. nonoperating
HCRIS WS G-3
Days cash on hand
0d (FY24)
Cash, investments & board-designated reserves ÷ daily operating expense (excl. depreciation)
HCRIS WS G / G-3
Current ratio
1.59× (FY24)
Total current assets ÷ current liabilities
HCRIS WS G
Equity financing ratio
64% (FY24)
Total net assets ÷ total assets
HCRIS WS G
Days in net patient A/R
56d (FY24)
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
HCRIS WS G / G-3
$ in thousands
Line itemFY22FY23FY24
Patient revenue1,088,5051,270,9701,406,596
Other operating revenue8,2305492,465
Total operating revenue1,096,7351,271,5191,409,062
Total operating expenses853,901942,3311,069,355
Operating income242,834329,188339,707
Operating margin %+22.1%+25.9%+24.1%
Other non-operating, net(4,667)3544
Net income238,167329,223339,751
Net income %+21.8%+25.9%+24.1%
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 252-bed hospital at 99% occupancy 48% 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
99.3%
Verified fact2024
HCRIS WS S-3
Average daily census
250.87
Verified fact2024
HCRIS WS S-3
Staffed beds (acute)
252
Verified fact2024
HCRIS WS S-3
Annual discharges
19,055
Verified fact2024
HCRIS WS S-3
Average length of stay
4.8d
Verified fact2024
HCRIS WS S-3
Outpatient share of patient revenue
47.9%
Verified fact2024
HCRIS WS G-2 L28
Total FTEs
3,202
Verified fact2024
HCRIS WS S-3 Pt II
Contract labor share of labor cost
31.1%
Verified fact2024
HCRIS WS S-3 Pt V
Who it serves
Total unreimbursed & uncompensated care
$35.6M
Verified fact2023
HCRIS WS S-10 line 31
How the care measures up
C. difficile infection (SIR)
0.292
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)
0.9437
CMS-reported measure07/01/2022 to 06/30/2024
CMS Care Compare

Trajectory

Cost-report basis · 5 reporting years
Operating margin
+21.6%+21.4%+22.1%+25.9%+24.1%FY20FY21FY22FY23FY24
Days cash on hand
0 days0 days0 days0 days0 daysFY20FY21FY22FY23FY24

The county this hospital serves

DUVAL County, FL · metro, 1M+ population
Median household income
$68.4K
vs $82.1K US · $59.7K rural median
Poverty rate
14.6%
vs 12.5% US · 14.3% rural median
Uninsured
11.5%
vs 8.6% US · 8.4% rural median
Age 65+
15.0%
vs 16.8% US · 20.6% rural median
Fair or poor health
19.9%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 8.1% of county personal income is Medicare/Medicaid medical benefits; 19.8% arrives as government transfers (BEA, 2022).

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