Astrelis
Urban PPS hospital · Chicago, IL

SOUTH SHORE HOSPITAL

CCN 140181COOK CountyVoluntary non-profit - PrivateUrban (USDA RUCC)114 bedsLatest FY 2024
Cost-report basis
HCRIS · as filed
Not audited by Astrelis
The read

A hospital in Chicago, IL. It ran an operating loss of 39.0% in FY24 on $35.7M of operating revenue. It held 46 days of cash on hand (60th percentile among Urban PPS hospitals on liquidity). Operating margin declined from -24.8% in FY20 to -39.0% in FY24, though it rose 0.7 points in the most recent year. Including nonoperating items, the all-in result was positive at 11.4%.

Operating margin · FY24
-39.0%
0.7 pts vs FY23
vs Urban PPS hospitals3rd pctl of 2,562 (FY24)
Days cash on hand · FY24
46d
all sources
33.6 days vs FY23
vs Urban PPS hospitals60th pctl of 2,354 (FY24)
Total operating revenue · FY24
$35.7M
0.2 $M vs FY23
vs Urban PPS hospitals6th pctl of 2,608 (FY24)
Total margin · incl. nonoperating · FY24
+11.4%
12.3 pts vs FY23
vs Urban PPS hospitals68th 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 SOUTH SHORE HOSPITAL is about $357K per year (1% of FY24 total operating revenue).

Where SOUTH SHORE HOSPITAL 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.
-20%-10%0%+10%+20%Urban PPS hospital median +2.027429837815152%SOUTH SHORE -38.994359532166364%-20%0%+20%Urban PPS hospital median +2.027429837815152%SOUTH SHORE -38.994359532166364%
One urban pps hospitalSOUTH SHOREUrban 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.

Operating margin
-39.0% (FY24)
Operating income ÷ total operating revenue
HCRIS WS G-3
Total margin
+11.4% (FY24)
Net income ÷ total revenue incl. nonoperating
HCRIS WS G-3
Days cash on hand
46d (FY24)
Cash, investments & board-designated reserves ÷ daily operating expense (excl. depreciation)
HCRIS WS G / G-3
Current ratio
1.12× (FY24)
Total current assets ÷ current liabilities
HCRIS WS G
Equity financing ratio
28% (FY24)
Total net assets ÷ total assets
HCRIS WS G
Days in net patient A/R
56d (FY24)
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
HCRIS WS G / G-3
$ in thousands
Line itemFY22FY23FY24
Patient revenue33,10535,13935,246
Other operating revenue504380424
Total operating revenue33,60935,51935,671
Total operating expenses47,92149,62249,580
Operating income(14,311)(14,103)(13,910)
Operating margin %-42.6%-39.7%-39.0%
Other non-operating, net16,07013,68220,315
Net income1,759(421)6,405
Net income %+3.5%-0.9%+11.4%
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 114-bed hospital at 30% occupancy 30% 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
30.4%
Verified fact2024
HCRIS WS S-3
Average daily census
34.72
Verified fact2024
HCRIS WS S-3
Staffed beds (acute)
114
Verified fact2024
HCRIS WS S-3
Annual discharges
1,812
Verified fact2024
HCRIS WS S-3
Average length of stay
7.0d
Verified fact2024
HCRIS WS S-3
Outpatient share of patient revenue
29.7%
Verified fact2024
HCRIS WS G-2 L28
Total FTEs
236.80
Verified fact2024
HCRIS WS S-3 Pt II
Contract labor share of labor cost
16.9%
Verified fact2024
HCRIS WS S-3 Pt V
Who it serves
Total unreimbursed & uncompensated care
$12.7M
Verified fact2023
HCRIS WS S-10 line 31
How the care measures up
C. difficile infection (SIR)
0.537
No Different than National Benchmark
CMS-reported measure07/01/2024 to 06/30/2025
CMS Care Compare
Hospital-wide unplanned readmission
16.7%
No Different Than the National Rate
CMS-reported measure07/01/2023 to 06/30/2024
CMS Care Compare
Medicare spending per beneficiary
1.02
CMS-reported measure01/01/2024 to 12/31/2024
CMS Care Compare
Patient-safety composite (PSI-90)
0.951156
CMS-reported measure07/01/2022 to 06/30/2024
CMS Care Compare

Trajectory

Cost-report basis · 5 reporting years
Operating margin
-24.8%-32.3%-42.6%-39.7%-39.0%FY20FY21FY22FY23FY24
Days cash on hand
40 days22 days38 days12 days46 daysFY20FY21FY22FY23FY24

The county this hospital serves

COOK County, IL · metro, 1M+ population
Median household income
$81.8K
vs $82.1K US · $59.7K rural median
Poverty rate
13.3%
vs 12.5% US · 14.3% rural median
Uninsured
9.0%
vs 8.6% US · 8.4% rural median
Age 65+
15.5%
vs 16.8% US · 20.6% rural median
Fair or poor health
18.7%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 7.8% of county personal income is Medicare/Medicaid medical benefits; 16.2% arrives as government transfers (BEA, 2022).

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