A hospital in Ft Wayne, IN. It ran an operating surplus of 24.8% in FY24 on $209.1M of operating revenue. Operating margin improved from 24.2% in FY20 to 24.8% in FY24, though it fell 0.8 points in the most recent year.
Operating margin · FY24
+24.8%
▼ 0.8 pts vs FY23
vs Urban PPS hospitals93rd pctl of 2,562 (FY24)
Days cash on hand
Not available
all sources
vs Urban PPS hospitals—
Total operating revenue · FY24
$209.1M
▲ 12.7 $M vs FY23
vs Urban PPS hospitals42nd pctl of 2,608 (FY24)
Total margin · incl. nonoperating · FY24
+24.8%
▼ 0.8 pts vs FY23
vs Urban PPS hospitals92nd 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 THE ORTHOPAEDIC HOSPITAL OF LUTHERAN HEALTH NETWOR is about $2.1M per year (1% of FY24 total operating revenue).
Where THE ORTHOPAEDIC 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 hospitalTHE ORTHOPAEDICUrban 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.
Not shown, balance sheet did not reconcile as filed
Total current assets ÷ current liabilities
HCRIS WS G
Equity financing ratio
Not shown, balance sheet did not reconcile as filed
Total net assets ÷ total assets
HCRIS WS G
Days in net patient A/R
Not shown, balance sheet did not reconcile as filed
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
HCRIS WS G / G-3
$ in thousands
Line item
FY22
FY23
FY24
Patient revenue
168,875
196,042
208,762
Other operating revenue
1,283
327
304
Total operating revenue
170,157
196,369
209,066
Total operating expenses
126,675
146,241
157,315
Operating income
43,483
50,129
51,752
Operating margin %
+25.6%
+25.5%
+24.8%
Other non-operating, net
0
0
0
Net income
43,483
50,129
51,752
Net income %
+25.6%
+25.5%
+24.8%
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 37-bed hospital at 28% occupancy 73% 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
28.4%
Verified fact2024
HCRIS WS S-3
Average daily census
10.52
Verified fact2024
HCRIS WS S-3
Staffed beds (acute)
37
Verified fact2024
HCRIS WS S-3
Annual discharges
1,582
Verified fact2024
HCRIS WS S-3
Average length of stay
2.4d
Verified fact2024
HCRIS WS S-3
Outpatient share of patient revenue
73.0%
Verified fact2024
HCRIS WS G-2 L28
Total FTEs
339.20
Verified fact2024
HCRIS WS S-3 Pt II
Contract labor share of labor cost
23.1%
Verified fact2024
HCRIS WS S-3 Pt V
Who it serves
Total unreimbursed & uncompensated care
$0.9M
Verified fact2023
HCRIS WS S-10 line 31
How the care measures up
C. difficile infection (SIR)
Results cannot be calculated for this reporting period.
CMS-reported measure07/01/2024 to 06/30/2025
CMS Care Compare
Hospital-wide unplanned readmission
13.9%
No Different Than the National Rate
CMS-reported measure07/01/2023 to 06/30/2024
CMS Care Compare
Medicare spending per beneficiary
0.98
CMS-reported measure01/01/2024 to 12/31/2024
CMS Care Compare
Patient-safety composite (PSI-90)
0.841475
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
FY24 days cash suppressed: out of display range.
The county this hospital serves
ALLEN County, IN · metro, 250K–1M
Median household income
$68.8K
vs $82.1K US · $59.7K rural median
Poverty rate
12.2%
vs 12.5% US · 14.3% rural median
Uninsured
8.2%
vs 8.6% US · 8.4% rural median
Age 65+
15.3%
vs 16.8% US · 20.6% rural median
Fair or poor health
19.7%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 8.7% of county personal income is Medicare/Medicaid medical benefits; 19.7% arrives as government transfers (BEA, 2022).
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