Operating margin: -13.1% in FY2022, the 23rd percentile of 1,316 critical access hospitals in the FY2022 pool. Days cash on hand: 10 days in FY2022, the 17th percentile of 1,310 critical access hospitals in the FY2022 pool. Total operating revenue: $24.5M in FY2022, the 47th percentile of 1,331 critical access hospitals in the FY2022 pool. Total margin (including nonoperating): -13.1% in FY2022, the 6th percentile of 1,316 critical access hospitals in the FY2022 pool. Figures as filed; not audited by Astrelis.
Financial anchor year: FY22. Margin and revenue are as filed for FY22. Balance-sheet measures (current ratio, equity financing, days in A/R) use FY23, the latest filing whose balance sheet reconciled as filed. Every tile below states its own fiscal year; nothing is carried forward or estimated.
The read
A hospital in IN. It ran an operating loss of 13.1% in FY22 on $24.5M of operating revenue. It held 10 days of cash on hand (17th percentile of 1,310 Critical Access Hospitals on liquidity, FY22 pool). Operating margin declined from -8.3% in FY20 to -24.8% in FY23.
Operating margin · FY22
-13.1%
Astrelis calculation · as-filed inputs
▼ 9.5 pts vs FY21
vs Critical Access Hospitals23rd pctl of 1,316 (FY22 pool)
pool: this metric's own fiscal year · excludes historical, non-panel, and out-of-range values
Days cash on hand · FY22
10d
all sources
Astrelis calculation · as-filed inputs
▼ 87 days vs FY21
vs Critical Access Hospitals17th pctl of 1,310 (FY22 pool)
pool: this metric's own fiscal year · excludes historical, non-panel, and out-of-range values
Total operating revenue · FY22
$24.5M
Astrelis calculation · as-filed inputs
▲ $1.2M vs FY21
vs Critical Access Hospitals47th pctl of 1,331 (FY22 pool)
pool: this metric's own fiscal year · excludes historical, non-panel, and out-of-range values
Total margin · incl. nonoperating · FY22
-13.1%
Astrelis calculation · as-filed inputs
▼ 25.6 pts vs FY21
vs Critical Access Hospitals6th pctl of 1,316 (FY22 pool)
pool: this metric's own fiscal year · excludes historical, non-panel, and out-of-range values
One point of operating margin at Critical Access Hospital · CCN 151302 is about $245K per year (1% of FY22 total operating revenue).
Where Critical Access Hospital sits among Critical Access Hospitals
Operating margin · FY22 pool · n = 1,316 of 1,404 filed
Each point is one Critical Access Hospital in the national FY22 distribution for Critical Access Hospitals, this hospital's comparison cohort, 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 Critical Access Hospital FY22 median is -2.8%. Descriptive context only, not a ranking.
One critical access hospitalCritical AccessCritical Access 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 computes only when every input is reported in the filing (otherwise its cell states which input is Not reported in source); a year whose balance sheet does not reconcile is labeled, and its derived ratios read Astrelis calculation unavailable. Not audited by Astrelis.
Net patient receivables × days in the report's own period ÷ net patient revenue, same fiscal year
Astrelis calculation · HCRIS WS G / G-3
$ in thousands
Line item
FY21
FY22
FY23 · 274 days
Patient revenue
23,119
23,945
14,961
Other operating revenue
178
596
428
Total operating revenue
23,297
24,540
15,389
Cash operating expenses
23,171
26,753
18,405
Operating EBIDA
126
(2,212)
(3,016)
Operating EBIDA margin %
+0.5%
-9.0%
-19.6%
Depreciation
1,007
1,056
898
Interest
(44)
(54)
(94)
Operating income
(837)
(3,214)
(3,820)
Operating margin %
-3.6%
-13.1%
-24.8%
Other non-operating, net
4,281
0
0
Net income
3,444
(3,214)
(3,820)
Net income %
+12.5%
-13.1%
-24.8%
— = Not reported in source for that year.
HCRIS Worksheet G-3 / S-3 · $ thousands · FY20–FY23 · FY20–21 may include COVID-era relief funding in nonoperating income
Display states.FY23 · Net patient A/R: 738K — Astrelis calculation (allowance line blank on the filing, counted as zero: Worksheet G line 6 (allowances for uncollectible accounts) is blank on this cost report; under ruling 11 a blank additive component adds zero and the value publishes flagged (blank components: line 600))FY22 · Net patient A/R: 2,596K — Astrelis calculation (allowance line blank on the filing, counted as zero: Worksheet G line 6 (allowances for uncollectible accounts) is blank on this cost report; under ruling 11 a blank additive component adds zero and the value publishes flagged (blank components: line 600))FY21 · Net patient A/R: 3,621K — Astrelis calculation (allowance line blank on the filing, counted as zero: Worksheet G line 6 (allowances for uncollectible accounts) is blank on this cost report; under ruling 11 a blank additive component adds zero and the value publishes flagged (blank components: line 600))FY20 · Net patient A/R: 2,244K — Astrelis calculation (allowance line blank on the filing, counted as zero: Worksheet G line 6 (allowances for uncollectible accounts) is blank on this cost report; under ruling 11 a blank additive component adds zero and the value publishes flagged (blank components: line 600))
How it operates
quality & operational context · CMS public reporting
A 15-bed hospital running at 12% occupancy, where swing beds are 43% of the inpatient business, and 93% of patient revenue is outpatient.
The metrics this hospital type is judged on: care quality, patient experience, and scale. Each is labeled by provenance class and public source; descriptive context only, never a ranking or adequacy claim. Provenance labels: Reported value is copied from the named public source; Astrelis calculation is a formula applied to unchanged reported inputs, with the formula shown; Illustrative estimate is a benchmark gap, multiplier, or scenario — never a measurement.
Scale and flow
Occupancy
11.6%
Reported value2023
HCRIS WS S-3
Average daily census
1.74
Reported value2023
HCRIS WS S-3
Staffed beds (acute)
15
Reported value2023
HCRIS WS S-3
Annual discharges
131
Reported value2023
HCRIS WS S-3
Average length of stay
4 days
Reported value2023
HCRIS WS S-3
Cost per patient day
$40,270
Astrelis calculation2023
Astrelis calculation — total operating expense ÷ total patient days (HCRIS WS G-3 / S-3)
Cost per discharge (unadjusted)
$146,633
Astrelis calculation2023
Astrelis calculation — total operating expense ÷ discharges, NOT case-mix adjusted (adjusted discharges are not on the public filing set)
Swing-bed average daily census
1.34
Reported value2023
HCRIS WS S-3 L5–6
Swing-bed share of inpatient days
43.4%
Reported value2023
HCRIS WS S-3 (acute + swing days)
Outpatient share of patient revenue
93.2%
Reported value2023
HCRIS WS G-2 L28
Who it serves
Total unreimbursed & uncompensated care
$3.2M
Reported value2023
HCRIS WS S-10 line 31
How the care measures up
As a Critical Access Hospital, this facility is exempt from most CMS public quality-measure programs. No public measures are reported for it. That is a program design fact, not a quality signal.
Trajectory
Cost-report basis · 4 reporting years
Operating margin
Days cash on hand
State context
Indiana
County-level statistics: linkage not established — this record's county mapping is not verified in the resolved spine, and we never place a facility in a county by guesswork. State-level context appears here once a state aggregate layer lands.
Illustrative advocacy scenario: what this hospital means to its county
Illustrative estimate · FY23 cost report
Direct annual spending
$19.2M
total operating expense · Reported value, not a local-capture estimate
Employment
189
141 direct jobs (estimated from payroll) × 1.34 · NCRHW 2016 CAH study · Illustrative estimate
Economic activity
$44.2M
direct spending × 2.30 · AHA national hospital economic activity report — a national hospital ratio, not a CAH or county figure · Illustrative estimate
Share of county employment
5.0%
of all county jobs · Reported value
Employment and labor income multipliers are from the National Center for Rural Health Works 2016 study of Critical Access Hospital economic impact (IMPLAN Type II, U.S. rural county populations); the economic-activity ratio is from the AHA national hospital economic activity report and describes U.S. hospitals as a whole; it is not a CAH-specific or county-specific figure. Applying any of these to an individual facility is an illustrative advocacy scenario, not a measurement: local capture depends on payroll residency, purchasing patterns, and county economic structure the sources do not observe. This facility is a critical access hospital, the NCRHW study population. Direct figures are reported values from the facility's HCRIS cost report. Want a defensible facility-specific figure? Request a Facility Economic Impact Study →
Operating margin vs its peer poolFY22Astrelis calculation
Operating margin vs its peer pool: FY22 pool · n = 1,316.
CAH Performance Benchmark: FY22 peer pool · n = 1,316 · conservative low band; acuity limits stated in the report.
Report coverage: Limited Facility Benchmark. 15 of 17 facility measures available from public sources. The report covers the available measures against their peer benchmarks; measures the public record does not carry become findings. Coverage is disclosed here before you reserve, and thin data is never a decline reason. The refund guarantee stands: if we cannot deliver the published scope, you pay nothing.
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Astrelis Atlas, "Critical Access Hospital · Ccn 151302", https://astrelis.co/hospitals/151302, release 2321a4fc37a7 (2026-10-22). Figures as filed in the named public sources; not audited by Astrelis.
Machine-readable twin of this page: astrelis.co/hospitals/151302.md (Markdown, the same figures with their fiscal years, pools and definitions). Last modified: release 2321a4fc37a7, 2026-10-22. Figures are as filed in the named public sources. Astrelis is not a CPA firm and performs no audit, review or attestation of any facility.
