Financial anchor year: FY20. Margin and revenue are as filed for FY20. Balance-sheet measures (current ratio, equity financing, days in A/R) use FY23, the latest filing whose balance sheet reconciled as filed. Days cash on hand is FY24, 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 Chicago, IL. It ran an operating surplus of 3.3% in FY20 on $45.6M of operating revenue. It held 937 days of cash on hand in FY24, its most recent reported liquidity (99th percentile among Urban PPS hospitals on liquidity). Only a single comparable reporting year is available, so trend context is limited. These figures come from filings spanning FY20–FY24: read each by its own year rather than as one current picture.
Operating margin · FY20
+3.3%
vs Urban PPS hospitals54th pctl of 2,562 (FY24)
Days cash on hand · FY24
937d
all sources
vs Urban PPS hospitals99th pctl of 2,354 (FY24)
Total operating revenue · FY24
$45.6M
vs Urban PPS hospitals9th pctl of 2,608 (FY24)
Total margin · incl. nonoperating · FY20
+5.8%
vs Urban PPS hospitals50th 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 PROVIDENT HOSPITAL OF CHICAGO is about $456K per year (1% of FY24 total operating revenue).
Where PROVIDENT HOSPITAL OF 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 hospitalPROVIDENT 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.
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
HCRIS WS G / G-3
$ in thousands
Line item
FY22
FY23
FY24
Patient revenue
29,421
34,494
44,663
Other operating revenue
81
—
928
Total operating revenue
29,503
34,494
45,591
Total operating expenses
81,378
85,220
99,927
Operating income
(51,875)
(50,725)
(54,336)
Operating margin %
-175.8%
-147.1%
-119.2%
Grants & contributions
—
(4)
—
Investment income
1
10
6
Other non-operating, net
2,362
2,538
31,389
Net income
(49,512)
(48,181)
(22,941)
Net income %
-155.4%
-130.1%
-29.8%
HCRIS Worksheet G-3 / S-3 · $ thousands · FY20–FY24 · where other operating income is not reported, total operating revenue reflects net patient revenue alone · FY20–21 may include COVID-era relief funding in nonoperating income
FY21, FY22, FY23, FY24 operating and total margins are not shown: they compute from near-zero net patient revenue, so the ratio is not meaningful (display gate; statement values unchanged).
FY22, FY23, FY24 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 28-bed hospital at 26% occupancy 87% 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
25.5%
Verified fact2024
HCRIS WS S-3
Average daily census
7.16
Verified fact2024
HCRIS WS S-3
Staffed beds (acute)
28
Verified fact2024
HCRIS WS S-3
Annual discharges
910
Verified fact2024
HCRIS WS S-3
Average length of stay
2.9d
Verified fact2024
HCRIS WS S-3
Outpatient share of patient revenue
87.3%
Verified fact2024
HCRIS WS G-2 L28
Total FTEs
333.70
Verified fact2024
HCRIS WS S-3 Pt II
Who it serves
Total unreimbursed & uncompensated care
$48.4M
Verified fact2023
HCRIS WS S-10 line 31
How the care measures up
C. difficile infection (SIR)
0.391
No Different than National Benchmark
CMS-reported measure07/01/2024 to 06/30/2025
CMS Care Compare
Hospital-wide unplanned readmission
15.5%
No Different Than the National Rate
CMS-reported measure07/01/2023 to 06/30/2024
CMS Care Compare
Medicare spending per beneficiary
0.75
CMS-reported measure01/01/2024 to 12/31/2024
CMS Care Compare
Patient-safety composite (PSI-90)
The number of cases/patients is too few to report.
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
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).
The Board Briefing$1,000
The free profile shows the record. The Board Briefing tells you what changed, what matters, and what your board should ask. 35+ pages, built entirely from public sources, no client data required. Delivered within 2 business days. If we cannot deliver the published scope for your facility, you pay nothing.
Every facility in your portfolio, benchmarked and triaged: which are fine, which need a closer look, which need attention now. Requires only a CCN roster. Founding Edition: delivered within 30 days of eligibility confirmation, full refund if the published scope cannot be delivered.
