A hospital in Columbus, IN. It ran an operating surplus of 2.9% in FY24 on $410.4M of operating revenue. It held 19 days of cash on hand (48th percentile among Urban PPS hospitals on liquidity). Operating margin declined from 9.0% in FY20 to 2.9% in FY24.
Operating margin · FY24
+2.9%
▼ 0.8 pts vs FY23
vs Urban PPS hospitals53rd pctl of 2,562 (FY24)
Days cash on hand · FY24
19d
all sources
▼ 149.8 days vs FY23
vs Urban PPS hospitals48th pctl of 2,354 (FY24)
Total operating revenue · FY24
$410.4M
▲ 6.0 $M vs FY23
vs Urban PPS hospitals65th pctl of 2,608 (FY24)
Total margin · incl. nonoperating · FY24
+6.8%
▼ 0.2 pts vs FY23
vs Urban PPS hospitals55th 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 COLUMBUS REGIONAL HOSPITAL is about $4.1M per year (1% of FY24 total operating revenue).
Where COLUMBUS REGIONAL HOSPITAL 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 hospitalCOLUMBUS REGIONALUrban 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
361,782
394,081
407,159
Other operating revenue
(36,307)
10,321
3,200
Total operating revenue
325,475
404,402
410,359
Total operating expenses
365,194
389,470
398,473
Operating income
(39,719)
14,932
11,886
Operating margin %
-12.2%
+3.7%
+2.9%
Grants & contributions
582
579
276
Investment income
3,321
4,694
6,887
Other non-operating, net
8,351
9,479
10,322
Net income
(27,465)
29,684
29,371
Net income %
-8.1%
+7.1%
+6.9%
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 191-bed hospital at 43% occupancy 66% 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
42.8%
Verified fact2024
HCRIS WS S-3
Average daily census
83.13
Verified fact2024
HCRIS WS S-3
Staffed beds (acute)
191
Verified fact2024
HCRIS WS S-3
Annual discharges
9,073
Verified fact2024
HCRIS WS S-3
Average length of stay
3.3d
Verified fact2024
HCRIS WS S-3
Outpatient share of patient revenue
66.1%
Verified fact2024
HCRIS WS G-2 L28
Total FTEs
1,498
Verified fact2024
HCRIS WS S-3 Pt II
Contract labor share of labor cost
21.0%
Verified fact2024
HCRIS WS S-3 Pt V
Who it serves
Total unreimbursed & uncompensated care
$25.5M
Verified fact2023
HCRIS WS S-10 line 31
How the care measures up
C. difficile infection (SIR)
0.345
Better than the National Benchmark
CMS-reported measure07/01/2024 to 06/30/2025
CMS Care Compare
Hospital-wide unplanned readmission
15%
No Different Than the National Rate
CMS-reported measure07/01/2023 to 06/30/2024
CMS Care Compare
Medicare spending per beneficiary
0.97
CMS-reported measure01/01/2024 to 12/31/2024
CMS Care Compare
Patient-safety composite (PSI-90)
1.000019
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
BARTHOLOMEW County, IN · metro, under 250K
Median household income
$80.4K
vs $82.1K US · $59.7K rural median
Poverty rate
12.0%
vs 12.5% US · 14.3% rural median
Uninsured
5.2%
vs 8.6% US · 8.4% rural median
Age 65+
16.5%
vs 16.8% US · 20.6% rural median
Fair or poor health
19.7%
self-reported, adults · CDC PLACES
Primary-care shortage
Not designated
HRSA HPSA
Economic context: 7.8% of county personal income is Medicare/Medicaid medical benefits; 17.9% arrives as government transfers (BEA, 2022).
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