A hospital in Olney, IL. It ran an operating loss of 6.2% in FY24 on $75.9M of operating revenue. Only a single comparable reporting year is available, so trend context is limited.
Operating margin · FY24
-6.2%
vs Critical Access Hospitals34th pctl of 1,340 (FY24)
Days cash on hand
Not available
all sources
vs Critical Access Hospitals—
Total operating revenue · FY24
$75.9M
vs Critical Access Hospitals86th pctl of 1,356 (FY24)
Total margin · incl. nonoperating · FY24
-6.2%
vs Critical Access Hospitals13th pctl of 1,340 (FY24)
Benchmarked within its own FY24 pool (n=1,340); the Critical Access Hospital cohort's current year is FY25.
One point of operating margin at CARLE RICHLAND MEMORIAL HOSPITAL is about $759K per year (1% of FY24 total operating revenue).
Where CARLE RICHLAND MEMORIAL sits among Critical Access Hospitals
Operating margin · FY24 pool · n = 1,340 of 1,404 filed
Each point is one Critical Access 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 Critical Access Hospital median is -1.8%. Descriptive context only, not a ranking.
Benchmarked within its own FY24 pool (n=1,340); the Critical Access Hospital cohort's current year is FY25.
One critical access hospitalCARLE RICHLANDCritical Access 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.
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 19-bed hospital at 45% occupancy where swing beds are 34% of the inpatient business and 85% 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
45.1%
Verified fact2024
HCRIS WS S-3
Average daily census
8.61
Verified fact2024
HCRIS WS S-3
Staffed beds (acute)
19
Verified fact2024
HCRIS WS S-3
Annual discharges
579
Verified fact2024
HCRIS WS S-3
Average length of stay
2.9d
Verified fact2024
HCRIS WS S-3
Swing-bed average daily census
4.41
Verified fact2024
HCRIS WS S-3 L5–6
Swing-bed share of inpatient days
33.9%
Verified fact2024
HCRIS WS S-3 (acute + swing days)
Outpatient share of patient revenue
84.6%
Verified fact2024
HCRIS WS G-2 L28
How the care measures up
C. difficile infection (SIR)
0.75
No Different than National Benchmark
CMS-reported measure07/01/2024 to 06/30/2025
CMS Care Compare
Hospital-wide unplanned readmission
15.2%
No Different Than the National Rate
CMS-reported measure07/01/2023 to 06/30/2024
CMS Care Compare
Trajectory
Cost-report basis · single reporting year
Operating margin
Days cash on hand
The county this hospital serves
Richland County, IL
Median household income
$60.4K
vs $82.1K US · $59.7K rural median
Poverty rate
11.9%
vs 12.5% US · 14.3% rural median
Uninsured
5.8%
vs 8.6% US · 8.4% rural median
Age 65+
20.5%
vs 16.8% US · 20.6% rural median
Fair or poor health
20.2%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 11.6% of county personal income is Medicare/Medicaid medical benefits; 26.9% arrives as government transfers (BEA, 2022).
What this hospital means to Richland County
economic contribution · FY24 cost report
Direct annual spending
$80.6M
total operating expense · reported
Total economic output
$185.3M
× 2.30 output multiplier · estimate, upper bound for rural
Method: NCRHW 2016 study of critical access hospitals (IMPLAN Type II), employment × 1.34, earnings × 1.19; output × 2.30 (AHA national, upper bound for rural). Direct figures are reported values from the facility's HCRIS cost report; multiplied figures are estimates.
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