A hospital in Waukegan, IL. It ran an operating surplus of 11.1% in FY24 on $50.2M of operating revenue. It held 34 days of cash on hand (75th percentile among Psychiatric hospitals on liquidity). Only a single comparable reporting year is available, so trend context is limited.
Operating margin · FY24
+11.1%
vs Psychiatric hospitals64th pctl of 437 (FY24)
Days cash on hand · FY24
34d
all sources
vs Psychiatric hospitals75th pctl of 376 (FY24)
Total operating revenue · FY24
$50.2M
vs Psychiatric hospitals84th pctl of 509 (FY24)
Total margin · incl. nonoperating · FY24
+17.1%
vs Psychiatric hospitals72nd pctl of 434 (FY24)
One point of operating margin at LAKE BEHAVIORAL HOSPITAL is about $502K per year (1% of FY24 total operating revenue).
Where LAKE BEHAVIORAL HOSPITAL 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.
One psychiatric hospitalLAKE BEHAVIORALPsychiatric 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
36,690
43,262
50,235
Other operating revenue
149
8
12
Total operating revenue
36,839
43,270
50,246
Total operating expenses
29,264
35,992
44,667
Operating income
7,574
7,278
5,580
Operating margin %
+20.6%
+16.8%
+11.1%
Investment income
29
7
6
Other non-operating, net
7,760
5,887
3,658
Net income
15,363
13,172
9,244
Net income %
+34.4%
+26.8%
+17.1%
HCRIS Worksheet G-3 / S-3 · $ thousands · FY21–FY24 · FY20–21 may include COVID-era relief funding in nonoperating income
How it operates
quality & operational context · CMS public reporting
A 161-bed hospital at 79% occupancy 4% 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
79.4%
Verified fact2024
HCRIS WS S-3
Average daily census
128.15
Verified fact2024
HCRIS WS S-3
Staffed beds (acute)
161
Verified fact2024
HCRIS WS S-3
Annual discharges
5,003
Verified fact2024
HCRIS WS S-3
Average length of stay
9.3d
Verified fact2024
HCRIS WS S-3
Outpatient share of patient revenue
4.0%
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 · 4 reporting years
Operating margin
Days cash on hand
The county this hospital serves
LAKE County, IL · metro, 1M+ population
Median household income
$108.9K
vs $82.1K US
Poverty rate
8.1%
vs 12.5% US
Uninsured
6.9%
vs 8.6% US
Age 65+
15.3%
vs 16.8% US
Fair or poor health
15.4%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 3.7% of county personal income is Medicare/Medicaid medical benefits; 9.8% arrives as government transfers (BEA, 2022).
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