A hospital in Terre Haute, IN. It ran an operating surplus of 10.0% in FY24 on $698.5M of operating revenue. It held 25 days of cash on hand (52nd percentile among Urban PPS hospitals on liquidity). Operating margin declined from 12.2% in FY20 to 10.0% in FY24.
Operating margin · FY24
+10.0%
▼ 0.3 pts vs FY23
vs Urban PPS hospitals72nd pctl of 2,562 (FY24)
Days cash on hand · FY24
25d
all sources
▼ 16.7 days vs FY23
vs Urban PPS hospitals52nd pctl of 2,354 (FY24)
Total operating revenue · FY24
$698.5M
▲ 34.7 $M vs FY23
vs Urban PPS hospitals82nd pctl of 2,608 (FY24)
Total margin · incl. nonoperating · FY24
+13.6%
▼ 1.4 pts vs FY23
vs Urban PPS hospitals74th 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 UNION HOSPITAL INC is about $7.0M per year (1% of FY24 total operating revenue).
Where UNION HOSPITAL INC 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 hospitalUNION 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
581,868
631,458
676,822
Other operating revenue
26,890
32,339
21,644
Total operating revenue
608,758
663,797
698,465
Total operating expenses
559,727
595,521
628,885
Operating income
49,030
68,276
69,580
Operating margin %
+8.1%
+10.3%
+10.0%
Other non-operating, net
(34,365)
37,327
29,564
Net income
14,665
105,603
99,144
Net income %
+2.6%
+15.1%
+13.6%
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 222-bed hospital at 70% occupancy 68% 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
70.4%
Verified fact2024
HCRIS WS S-3
Average daily census
156.74
Verified fact2024
HCRIS WS S-3
Staffed beds (acute)
222
Verified fact2024
HCRIS WS S-3
Annual discharges
17,951
Verified fact2024
HCRIS WS S-3
Average length of stay
3.2d
Verified fact2024
HCRIS WS S-3
Outpatient share of patient revenue
68.2%
Verified fact2024
HCRIS WS G-2 L28
Total FTEs
1,571
Verified fact2024
HCRIS WS S-3 Pt II
Contract labor share of labor cost
21.4%
Verified fact2024
HCRIS WS S-3 Pt V
Who it serves
Total unreimbursed & uncompensated care
$31.7M
Verified fact2023
HCRIS WS S-10 line 31
How the care measures up
C. difficile infection (SIR)
0.417
Better than the National Benchmark
CMS-reported measure07/01/2024 to 06/30/2025
CMS Care Compare
Hospital-wide unplanned readmission
16.5%
Worse Than the National Rate
CMS-reported measure07/01/2023 to 06/30/2024
CMS Care Compare
Medicare spending per beneficiary
1.01
CMS-reported measure01/01/2024 to 12/31/2024
CMS Care Compare
Patient-safety composite (PSI-90)
1.000048
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
VIGO County, IN · metro, under 250K
Median household income
$52.5K
vs $82.1K US · $59.7K rural median
Poverty rate
20.0%
vs 12.5% US · 14.3% rural median
Uninsured
7.7%
vs 8.6% US · 8.4% rural median
Age 65+
17.0%
vs 16.8% US · 20.6% rural median
Fair or poor health
23.0%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 15.4% of county personal income is Medicare/Medicaid medical benefits; 30.6% arrives as government transfers (BEA, 2022).
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