CCN 100285BROWARD CountyGovernment - Hospital District or AuthorityUrban (USDA RUCC)144 bedsLatest FY 2025
Cost-report basis
HCRIS · as filed
Not audited by Astrelis
Financial anchor year: FY24. Margin and revenue are as filed for FY24. Days cash on hand is FY25, the most recent year that passed the display gate. Every tile below states its own fiscal year; nothing is carried forward or estimated.
The read
A hospital in Miramar, FL. It ran an operating surplus of 20.9% in FY24 on $304.0M of operating revenue. It held 1 day of cash on hand in FY25, its most recent reported liquidity (25th percentile among Urban PPS hospitals on liquidity). Operating margin improved from 17.1% in FY21 to 20.9% in FY24.
Operating margin · FY24
+20.9%
▲ 6.9 pts vs FY23
vs Urban PPS hospitals91st pctl of 1,475 (FY25)
Days cash on hand · FY25
1d
all sources
▼ 0.0 days vs FY24
vs Urban PPS hospitals25th pctl of 1,386 (FY25)
Total operating revenue · FY24
$304.0M
▲ 36.6 $M vs FY23
vs Urban PPS hospitals53rd pctl of 1,503 (FY25)
Total margin · incl. nonoperating · FY24
+22.9%
▲ 6.7 pts vs FY23
vs Urban PPS hospitals91st pctl of 1,475 (FY25)
One point of operating margin at MEMORIAL HOSPITAL MIRAMAR is about $3.0M per year (1% of FY24 total operating revenue).
Where MEMORIAL HOSPITAL MIRAMAR 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 hospitalMEMORIAL HOSPITALUrban 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
262,074
267,432
303,983
Other operating revenue
4
3
9
Total operating revenue
262,079
267,435
303,992
Total operating expenses
227,707
230,009
240,371
Operating income
34,371
37,426
63,622
Operating margin %
+13.1%
+14.0%
+20.9%
Grants & contributions
1,699
5,659
(1)
Investment income
—
—
4,535
Other non-operating, net
3,689
1,335
3,125
Net income
39,759
44,420
71,281
Net income %
+14.9%
+16.2%
+22.9%
HCRIS Worksheet G-3 / S-3 · $ thousands · FY21–FY25 · FY20–21 may include COVID-era relief funding in nonoperating income
FY21, FY22, FY23, FY24, FY25 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 144-bed hospital at 60% occupancy 56% 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
59.7%
Verified fact2025
HCRIS WS S-3
Average daily census
86.26
Verified fact2025
HCRIS WS S-3
Staffed beds (acute)
144
Verified fact2025
HCRIS WS S-3
Annual discharges
10,251
Verified fact2025
HCRIS WS S-3
Average length of stay
3.1d
Verified fact2025
HCRIS WS S-3
Outpatient share of patient revenue
56.3%
Verified fact2025
HCRIS WS G-2 L28
Total FTEs
1,097
Verified fact2025
HCRIS WS S-3 Pt II
Contract labor share of labor cost
11.5%
Verified fact2025
HCRIS WS S-3 Pt V
How the care measures up
C. difficile infection (SIR)
0.389
Better than the National Benchmark
CMS-reported measure07/01/2024 to 06/30/2025
CMS Care Compare
Hospital-wide unplanned readmission
14.7%
No Different 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)
0.952266
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
BROWARD County, FL
Median household income
$74.5K
vs $82.1K US · $59.7K rural median
Poverty rate
12.2%
vs 12.5% US · 14.3% rural median
Uninsured
13.3%
vs 8.6% US · 8.4% rural median
Age 65+
17.6%
vs 16.8% US · 20.6% rural median
Fair or poor health
19.6%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 6.7% of county personal income is Medicare/Medicaid medical benefits; 16.4% arrives as government transfers (BEA, 2022).
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