A hospital in Port Charlotte, FL. It ran an operating surplus of 13.2% in FY24 on $281.6M of operating revenue. It held 0 days of cash on hand (0th percentile among Urban PPS hospitals on liquidity). Operating margin improved from 9.9% in FY20 to 13.2% in FY24.
Operating margin · FY24
+13.2%
▲ 5.3 pts vs FY23
vs Urban PPS hospitals78th pctl of 2,562 (FY24)
Days cash on hand · FY24
0d
all sources
▼ 0.0 days vs FY23
vs Urban PPS hospitals0th pctl of 2,354 (FY24)
Total operating revenue · FY24
$281.6M
▲ 34.4 $M vs FY23
vs Urban PPS hospitals52nd pctl of 2,608 (FY24)
Total margin · incl. nonoperating · FY24
+13.2%
▲ 5.3 pts vs FY23
vs Urban PPS hospitals72nd 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 FAWCETT HOSPITAL is about $2.8M per year (1% of FY24 total operating revenue).
Where HCA FLORIDA FAWCETT 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
191,962
246,584
281,212
Other operating revenue
537
605
425
Total operating revenue
192,500
247,190
281,638
Total operating expenses
218,861
227,549
244,430
Operating income
(26,362)
19,640
37,207
Operating margin %
-13.7%
+7.9%
+13.2%
Net income
(26,362)
19,640
37,207
Net income %
-13.7%
+7.9%
+13.2%
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 214-bed hospital at 62% occupancy 42% 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
62.3%
Verified fact2024
HCRIS WS S-3
Average daily census
133.71
Verified fact2024
HCRIS WS S-3
Staffed beds (acute)
214
Verified fact2024
HCRIS WS S-3
Annual discharges
12,214
Verified fact2024
HCRIS WS S-3
Average length of stay
4.0d
Verified fact2024
HCRIS WS S-3
Outpatient share of patient revenue
41.9%
Verified fact2024
HCRIS WS G-2 L28
Total FTEs
812.60
Verified fact2024
HCRIS WS S-3 Pt II
Contract labor share of labor cost
21.1%
Verified fact2024
HCRIS WS S-3 Pt V
Who it serves
Total unreimbursed & uncompensated care
$20.7M
Verified fact2023
HCRIS WS S-10 line 31
How the care measures up
C. difficile infection (SIR)
0.151
Better than the National Benchmark
CMS-reported measure07/01/2024 to 06/30/2025
CMS Care Compare
Hospital-wide unplanned readmission
16.6%
Worse Than the National Rate
CMS-reported measure07/01/2023 to 06/30/2024
CMS Care Compare
Medicare spending per beneficiary
0.99
CMS-reported measure01/01/2024 to 12/31/2024
CMS Care Compare
Patient-safety composite (PSI-90)
0.773331
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
CHARLOTTE County, FL · metro, under 250K
Median household income
$66.2K
vs $82.1K US · $59.7K rural median
Poverty rate
9.6%
vs 12.5% US · 14.3% rural median
Uninsured
9.8%
vs 8.6% US · 8.4% rural median
Age 65+
40.4%
vs 16.8% US · 20.6% rural median
Fair or poor health
17.0%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 13.2% of county personal income is Medicare/Medicaid medical benefits; 33.3% arrives as government transfers (BEA, 2022).
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