A hospital in Lakeland, FL. It ran an operating surplus of 11.2% in FY25 on $1302.1M of operating revenue. It held 0 days of cash on hand (0th percentile among Urban PPS hospitals on liquidity). Operating margin improved from 5.3% in FY20 to 11.2% in FY25, though it fell 0.9 points in the most recent year.
Operating margin · FY25
+11.2%
▼ 0.9 pts vs FY24
vs Urban PPS hospitals76th pctl of 1,475 (FY25)
Days cash on hand · FY25
0d
all sources
▼ 9.0 days vs FY24
vs Urban PPS hospitals0th pctl of 1,386 (FY25)
Total operating revenue · FY25
$1.30B
▲ 117.1 $M vs FY24
vs Urban PPS hospitals91st pctl of 1,503 (FY25)
Total margin · incl. nonoperating · FY25
+12.8%
▼ 0.7 pts vs FY24
vs Urban PPS hospitals71st pctl of 1,475 (FY25)
One point of operating margin at LAKELAND REGIONAL MEDICAL CENTER is about $13.0M per year (1% of FY25 total operating revenue).
Where LAKELAND REGIONAL MEDICAL 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 hospitalLAKELAND REGIONALUrban 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
1,033,363
1,182,476
1,301,294
Other operating revenue
5
2,519
768
Total operating revenue
1,033,368
1,184,994
1,302,061
Total operating expenses
942,051
1,041,544
1,156,451
Operating income
91,318
143,450
145,611
Operating margin %
+8.8%
+12.1%
+11.2%
Grants & contributions
—
10,699
—
Other non-operating, net
23,102
9,415
24,733
Net income
114,420
163,564
170,344
Net income %
+10.8%
+13.6%
+12.8%
HCRIS Worksheet G-3 / S-3 · $ thousands · FY20–FY25 · FY20–21 may include COVID-era relief funding in nonoperating income
How it operates
quality & operational context · CMS public reporting
A 666-bed hospital at 84% occupancy 47% 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
84.2%
Verified fact2025
HCRIS WS S-3
Average daily census
562.02
Verified fact2025
HCRIS WS S-3
Staffed beds (acute)
666
Verified fact2025
HCRIS WS S-3
Annual discharges
47,200
Verified fact2025
HCRIS WS S-3
Average length of stay
4.3d
Verified fact2025
HCRIS WS S-3
Outpatient share of patient revenue
46.9%
Verified fact2025
HCRIS WS G-2 L28
Total FTEs
5,879
Verified fact2025
HCRIS WS S-3 Pt II
Contract labor share of labor cost
18.8%
Verified fact2025
HCRIS WS S-3 Pt V
Who it serves
Total unreimbursed & uncompensated care
$110.5M
Verified fact2023
HCRIS WS S-10 line 31
How the care measures up
C. difficile infection (SIR)
0.433
Better than the National Benchmark
CMS-reported measure07/01/2024 to 06/30/2025
CMS Care Compare
Hospital-wide unplanned readmission
16.7%
Worse Than the National Rate
CMS-reported measure07/01/2023 to 06/30/2024
CMS Care Compare
Medicare spending per beneficiary
1
CMS-reported measure01/01/2024 to 12/31/2024
CMS Care Compare
Patient-safety composite (PSI-90)
1.545161
CMS-reported measure07/01/2022 to 06/30/2024
CMS Care Compare
Trajectory
Cost-report basis · 6 reporting years
Operating margin
Days cash on hand
The county this hospital serves
POLK County, FL · metro, 250K–1M
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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