A hospital in Covington, GA. It ran an operating surplus of 19.3% in FY25 on $216.3M of operating revenue. It held 1 day of cash on hand (24th percentile among Urban PPS hospitals on liquidity). Operating margin improved from 11.3% in FY21 to 19.3% in FY25.
Operating margin · FY25
+19.3%
▲ 2.3 pts vs FY24
vs Urban PPS hospitals90th pctl of 1,475 (FY25)
Days cash on hand · FY25
1d
all sources
▲ 0.2 days vs FY24
vs Urban PPS hospitals24th pctl of 1,386 (FY25)
Total operating revenue · FY25
$216.3M
▲ 31.9 $M vs FY24
vs Urban PPS hospitals42nd pctl of 1,503 (FY25)
Total margin · incl. nonoperating · FY25
+20.0%
▲ 2.3 pts vs FY24
vs Urban PPS hospitals86th pctl of 1,475 (FY25)
One point of operating margin at PIEDMONT NEWTON HOSPITAL is about $2.2M per year (1% of FY25 total operating revenue).
Where PIEDMONT NEWTON HOSPITAL 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 hospitalPIEDMONT NEWTONUrban 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
148,527
183,933
215,747
Other operating revenue
891
513
588
Total operating revenue
149,418
184,446
216,335
Total operating expenses
141,399
153,022
174,543
Operating income
8,020
31,423
41,792
Operating margin %
+5.4%
+17.0%
+19.3%
Grants & contributions
—
19
184
Other non-operating, net
1,452
1,503
1,670
Net income
9,472
32,945
43,646
Net income %
+6.3%
+17.7%
+20.0%
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 83-bed hospital at 70% occupancy 67% 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
70.5%
Verified fact2025
HCRIS WS S-3
Average daily census
58.67
Verified fact2025
HCRIS WS S-3
Staffed beds (acute)
83
Verified fact2025
HCRIS WS S-3
Annual discharges
7,072
Verified fact2025
HCRIS WS S-3
Average length of stay
3.0d
Verified fact2025
HCRIS WS S-3
Outpatient share of patient revenue
67.0%
Verified fact2025
HCRIS WS G-2 L28
Total FTEs
670.40
Verified fact2025
HCRIS WS S-3 Pt II
Contract labor share of labor cost
19.7%
Verified fact2025
HCRIS WS S-3 Pt V
How the care measures up
C. difficile infection (SIR)
0.063
Better than the National Benchmark
CMS-reported measure07/01/2024 to 06/30/2025
CMS Care Compare
Hospital-wide unplanned readmission
14.8%
No Different Than the National Rate
CMS-reported measure07/01/2023 to 06/30/2024
CMS Care Compare
Medicare spending per beneficiary
0.98
CMS-reported measure01/01/2024 to 12/31/2024
CMS Care Compare
Patient-safety composite (PSI-90)
1.197703
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
NEWTON County, GA
Median household income
$73.7K
vs $82.1K US · $59.7K rural median
Poverty rate
12.3%
vs 12.5% US · 14.3% rural median
Uninsured
12.2%
vs 8.6% US · 8.4% rural median
Age 65+
13.3%
vs 16.8% US · 20.6% rural median
Fair or poor health
21.8%
self-reported, adults · CDC PLACES
Primary-care shortage
Not designated
HRSA HPSA
Economic context: 8.8% of county personal income is Medicare/Medicaid medical benefits; 25.1% arrives as government transfers (BEA, 2022).
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