Astrelis
Psychiatric hospital · New Lenox, IL

SILVER OAKS BEHAVIORAL HOSPITAL

CCN 144041WILL CountyProprietaryUrban (USDA RUCC)112 bedsLatest FY 2024
Cost-report basis
HCRIS · as filed
Not audited by Astrelis
The read

A hospital in New Lenox, IL. It ran an operating surplus of 13.8% in FY24 on $32.0M of operating revenue. It held 59 days of cash on hand (82nd percentile among Psychiatric hospitals on liquidity). Operating margin improved from -4.5% in FY20 to 13.8% in FY24.

Operating margin · FY24
+13.8%
vs Psychiatric hospitals69th pctl of 437 (FY24)
Days cash on hand · FY24
59d
all sources
vs Psychiatric hospitals82nd pctl of 376 (FY24)
Total operating revenue · FY24
$32.0M
vs Psychiatric hospitals65th pctl of 509 (FY24)
Total margin · incl. nonoperating · FY24
+15.6%
vs Psychiatric hospitals69th pctl of 434 (FY24)
One point of operating margin at SILVER OAKS BEHAVIORAL HOSPITAL is about $320K per year (1% of FY24 total operating revenue).

Where SILVER OAKS BEHAVIORAL 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%SILVER OAKS +13.831257781369647%-20%0%+20%Psychiatric hospital median +4.788257940327237%SILVER OAKS +13.831257781369647%
One psychiatric hospitalSILVER OAKSPsychiatric 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
+13.8% (FY24)
Operating income ÷ total operating revenue
HCRIS WS G-3
Total margin
+15.6% (FY24)
Net income ÷ total revenue incl. nonoperating
HCRIS WS G-3
Days cash on hand
59d (FY24)
Cash, investments & board-designated reserves ÷ daily operating expense (excl. depreciation)
HCRIS WS G / G-3
Current ratio
7.28× (FY24)
Total current assets ÷ current liabilities
HCRIS WS G
Equity financing ratio
43% (FY24)
Total net assets ÷ total assets
HCRIS WS G
Days in net patient A/R
30d (FY24)
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
HCRIS WS G / G-3
$ in thousands
Line itemFY22FY23FY24
Patient revenue26,13130,66832,046
Other operating revenue032
Total operating revenue26,13130,67132,048
Total operating expenses25,25927,03727,615
Operating income8723,6344,433
Operating margin %+3.3%+11.8%+13.8%
Investment income987
Other non-operating, net1,2241,229860
Net income2,1054,8715,300
Net income %+7.7%+15.3%+16.1%
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
FY20, FY21 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 112-bed hospital at 83% occupancy 9% 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
82.6%
Verified fact2024
HCRIS WS S-3
Average daily census
92.73
Verified fact2024
HCRIS WS S-3
Staffed beds (acute)
112
Verified fact2024
HCRIS WS S-3
Annual discharges
3,572
Verified fact2024
HCRIS WS S-3
Average length of stay
9.5d
Verified fact2024
HCRIS WS S-3
Outpatient share of patient revenue
9.4%
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
-4.5%+5.4%+3.3%+11.8%+13.8%FY20FY21FY22FY23FY24
Days cash on hand
17 days18 days14 days59 daysFY20FY21FY22FY23FY24

The county this hospital serves

WILL County, IL · metro, 1M+ population
Median household income
$107.8K
vs $82.1K US
Poverty rate
7.0%
vs 12.5% US
Uninsured
5.3%
vs 8.6% US
Age 65+
14.1%
vs 16.8% US
Fair or poor health
17.7%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 4.8% of county personal income is Medicare/Medicaid medical benefits; 13.5% arrives as government transfers (BEA, 2022).
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