A hospital in Jacksonville, FL. It ran an operating surplus of 49.8% in FY24 on $583.0M of operating revenue. It held 0 days of cash on hand (14th percentile among Urban PPS hospitals on liquidity). Operating margin improved from 29.1% in FY20 to 49.8% in FY24.
Operating margin · FY24
+49.8%
▲ 9.4 pts vs FY23
vs Urban PPS hospitals99th pctl of 2,562 (FY24)
Days cash on hand · FY24
0d
all sources
▲ 0.0 days vs FY23
vs Urban PPS hospitals14th pctl of 2,354 (FY24)
Total operating revenue · FY24
$583.0M
▲ 74.9 $M vs FY23
vs Urban PPS hospitals77th pctl of 2,608 (FY24)
Total margin · incl. nonoperating · FY24
+49.8%
▲ 9.2 pts vs FY23
vs Urban PPS hospitals99th 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 HCA FLORIDA MEMORIAL HOSPITAL is about $5.8M per year (1% of FY24 total operating revenue).
Where HCA FLORIDA MEMORIAL 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 hospitalHCA FLORIDAUrban 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.
Not shown, balance sheet did not reconcile as filed
Total current assets ÷ current liabilities
HCRIS WS G
Equity financing ratio
Not shown, balance sheet did not reconcile as filed
Total net assets ÷ total assets
HCRIS WS G
Days in net patient A/R
Not shown, balance sheet did not reconcile as filed
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
HCRIS WS G / G-3
$ in thousands
Line item
FY22
FY23
FY24
Patient revenue
456,135
507,063
580,252
Other operating revenue
2,298
1,046
2,752
Total operating revenue
458,433
508,109
583,004
Total operating expenses
311,271
302,958
292,711
Operating income
147,162
205,152
290,293
Operating margin %
+32.1%
+40.4%
+49.8%
Other non-operating, net
0
1,812
0
Net income
147,162
206,964
290,293
Net income %
+32.1%
+40.6%
+49.8%
HCRIS Worksheet G-3 / S-3 · $ thousands · FY20–FY24 · FY20–21 may include COVID-era relief funding in nonoperating income
FY20 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 296-bed hospital at 79% occupancy 35% 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
79.5%
Verified fact2024
HCRIS WS S-3
Average daily census
235.84
Verified fact2024
HCRIS WS S-3
Staffed beds (acute)
296
Verified fact2024
HCRIS WS S-3
Annual discharges
22,483
Verified fact2024
HCRIS WS S-3
Average length of stay
3.8d
Verified fact2024
HCRIS WS S-3
Outpatient share of patient revenue
35.1%
Verified fact2024
HCRIS WS G-2 L28
Total FTEs
1,492
Verified fact2024
HCRIS WS S-3 Pt II
Contract labor share of labor cost
21.8%
Verified fact2024
HCRIS WS S-3 Pt V
Who it serves
Total unreimbursed & uncompensated care
$67.4M
Verified fact2023
HCRIS WS S-10 line 31
How the care measures up
C. difficile infection (SIR)
0.014
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
1.08
CMS-reported measure01/01/2024 to 12/31/2024
CMS Care Compare
Patient-safety composite (PSI-90)
1.552671
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
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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