Astrelis
Psychiatric hospital · Smyrna, GA

RIDGEVIEW INSTITUTE

CCN 114012COBB CountyProprietaryUrban (USDA RUCC)188 bedsLatest FY 2024
Cost-report basis
HCRIS · as filed
Not audited by Astrelis
The read

A hospital in Smyrna, GA. It ran an operating surplus of 28.1% in FY24 on $45.8M of operating revenue. It held 35 days of cash on hand (76th percentile among Psychiatric hospitals on liquidity). Operating margin improved from 21.0% in FY20 to 28.1% in FY24, though it fell 2.4 points in the most recent year.

Operating margin · FY24
+28.1%
2.4 pts vs FY23
vs Psychiatric hospitals91st pctl of 437 (FY24)
Days cash on hand · FY24
35d
all sources
3.4 days vs FY23
vs Psychiatric hospitals76th pctl of 376 (FY24)
Total operating revenue · FY24
$45.8M
0.4 $M vs FY23
vs Psychiatric hospitals80th pctl of 509 (FY24)
Total margin · incl. nonoperating · FY24
+18.3%
7.3 pts vs FY23
vs Psychiatric hospitals76th pctl of 434 (FY24)
One point of operating margin at RIDGEVIEW INSTITUTE is about $458K per year (1% of FY24 total operating revenue).

Where RIDGEVIEW INSTITUTE sits among Psychiatric hospitals

Operating margin · FY24 pool · n = 437 of 610 filed

Each point is one Psychiatric 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 Psychiatric hospital median is +4.8%. Descriptive context only, not a ranking.

-20%-10%0%+10%+20%Psychiatric hospital median +4.788257940327237%RIDGEVIEW INSTITUTE +28.0584226581043%-20%0%+20%Psychiatric hospital median +4.788257940327237%RIDGEVIEW INSTITUTE +28.0584226581043%
One psychiatric hospitalRIDGEVIEW INSTITUTEPsychiatric 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.

Operating margin
+28.1% (FY24)
Operating income ÷ total operating revenue
HCRIS WS G-3
Total margin
+18.3% (FY24)
Net income ÷ total revenue incl. nonoperating
HCRIS WS G-3
Days cash on hand
35d (FY24)
Cash, investments & board-designated reserves ÷ daily operating expense (excl. depreciation)
HCRIS WS G / G-3
Current ratio
3.27× (FY24)
Total current assets ÷ current liabilities
HCRIS WS G
Equity financing ratio
38% (FY24)
Total net assets ÷ total assets
HCRIS WS G
Days in net patient A/R
39d (FY24)
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
HCRIS WS G / G-3
$ in thousands
Line itemFY22FY23FY24
Patient revenue40,07446,21445,624
Other operating revenue1(3)174
Total operating revenue40,07546,21145,797
Total operating expenses31,75432,15432,947
Operating income8,32214,05812,850
Operating margin %+20.8%+30.4%+28.1%
Investment income1002228
Other non-operating, net(1,579)(2,103)(4,387)
Net income6,84311,9778,491
Net income %+17.7%+27.1%+20.5%
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 188-bed hospital at 73% occupancy 12% 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
72.6%
Verified fact2024
HCRIS WS S-3
Average daily census
136.93
Verified fact2024
HCRIS WS S-3
Staffed beds (acute)
188
Verified fact2024
HCRIS WS S-3
Annual discharges
5,709
Verified fact2024
HCRIS WS S-3
Average length of stay
8.8d
Verified fact2024
HCRIS WS S-3
Outpatient share of patient revenue
12.0%
Verified fact2024
HCRIS WS G-2 L28
How the care measures up
No public quality measures are reported for this facility in the current Care Compare refresh.

Trajectory

Cost-report basis · 5 reporting years
Operating margin
+21.0%+20.0%+20.8%+30.4%+28.1%FY20FY21FY22FY23FY24
Days cash on hand
12 days14 days6 days32 days35 daysFY20FY21FY22FY23FY24

The county this hospital serves

COBB County, GA · metro, 1M+ population
Median household income
$98.7K
vs $82.1K US
Poverty rate
8.5%
vs 12.5% US
Uninsured
12.2%
vs 8.6% US
Age 65+
13.2%
vs 16.8% US
Fair or poor health
15.5%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 4.0% of county personal income is Medicare/Medicaid medical benefits; 11.8% arrives as government transfers (BEA, 2022).
build aa21187 · 2026-07-24