A hospital in Wabash, IN. It ran an operating surplus of 9.2% in FY24 on $74.0M of operating revenue. It held 0 days of cash on hand (4th percentile among Critical Access Hospitals on liquidity). Operating margin improved from 1.2% in FY20 to 9.2% in FY24.
Operating margin · FY24
+9.2%
▲ 5.3 pts vs FY23
vs Critical Access Hospitals81st pctl of 1,340 (FY24)
Days cash on hand · FY24
0d
all sources
▬ 0.0 days vs FY23
vs Critical Access Hospitals4th pctl of 1,325 (FY24)
Total operating revenue · FY24
$74.0M
▲ 6.2 $M vs FY23
vs Critical Access Hospitals85th pctl of 1,356 (FY24)
Total margin · incl. nonoperating · FY24
+9.8%
▲ 5.0 pts vs FY23
vs Critical Access Hospitals69th pctl of 1,340 (FY24)
Benchmarked within its own FY24 pool (n=1,340); the Critical Access Hospital cohort's current year is FY25.
One point of operating margin at PARKVIEW WABASH HOSPITAL, INC is about $740K per year (1% of FY24 total operating revenue).
Where PARKVIEW WABASH HOSPITAL, sits among Critical Access Hospitals
Operating margin · FY24 pool · n = 1,340 of 1,404 filed
Each point is one Critical Access 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 Critical Access Hospital median is -1.8%. Descriptive context only, not a ranking.
Benchmarked within its own FY24 pool (n=1,340); the Critical Access Hospital cohort's current year is FY25.
One critical access hospitalPARKVIEW WABASHCritical 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 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
Medicare inpatient contribution margin
+7.7% (FY24)
24th percentile of 21 CAHs. Full comparison in the CAH Performance Benchmark.
HCRIS cost report · CAH economics engine
Medicare outpatient contribution margin
+70.9% (FY24)
86th percentile of 21 CAHs. Full comparison in the CAH Performance Benchmark.
HCRIS cost report · CAH economics engine
$ in thousands
Line item
FY22
FY23
FY24
Patient revenue
61,183
67,793
73,956
Total operating revenue
61,183
67,793
73,956
Total operating expenses
61,873
65,128
67,160
Operating income
(690)
2,665
6,796
Operating margin %
-1.1%
+3.9%
+9.2%
Grants & contributions
144
—
—
Other non-operating, net
448
680
543
Net income
(98)
3,345
7,339
Net income %
-0.2%
+4.9%
+9.9%
HCRIS Worksheet G-3 / S-3 · $ thousands · FY20–FY24 · where other operating income is not reported, total operating revenue reflects net patient revenue alone · FY20–21 may include COVID-era relief funding in nonoperating income
FY20, FY21, FY22, FY23, FY24 net patient A/R is not shown: gross A/R was not reported on the filing, making the derived net figure spurious (AR quality flag).
How it operates
quality & operational context · CMS public reporting
A 18-bed hospital at 45% occupancy 91% 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
45.0%
Verified fact2024
HCRIS WS S-3
Average daily census
8.12
Verified fact2024
HCRIS WS S-3
Staffed beds (acute)
18
Verified fact2024
HCRIS WS S-3
Annual discharges
1,206
Verified fact2024
HCRIS WS S-3
Average length of stay
2.5d
Verified fact2024
HCRIS WS S-3
Swing-bed average daily census
0.50
Verified fact2024
HCRIS WS S-3 L5–6
Swing-bed share of inpatient days
5.8%
Verified fact2024
HCRIS WS S-3 (acute + swing days)
Outpatient share of patient revenue
90.9%
Verified fact2024
HCRIS WS G-2 L28
Who it serves
Total unreimbursed & uncompensated care
$8.3M
Verified fact2023
HCRIS WS S-10 line 31
How the care measures up
C. difficile infection (SIR)
0.729
No Different than National Benchmark
CMS-reported measure07/01/2024 to 06/30/2025
CMS Care Compare
Hospital-wide unplanned readmission
14.7%
No Different Than the National Rate
CMS-reported measure07/01/2023 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
WABASH County, IN · nonmetro, urban 5–20K, metro-adjacent
Median household income
$68.4K
vs $82.1K US · $59.7K rural median
Poverty rate
10.7%
vs 12.5% US · 14.3% rural median
Uninsured
6.8%
vs 8.6% US · 8.4% rural median
Age 65+
21.3%
vs 16.8% US · 20.6% rural median
Fair or poor health
21.6%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 15.9% of county personal income is Medicare/Medicaid medical benefits; 31.3% arrives as government transfers (BEA, 2022).
What this hospital means to Wabash County
economic contribution · FY24 cost report
Direct annual spending
$67.2M
total operating expense · reported
Total economic output
$154.5M
× 2.30 output multiplier · estimate, upper bound for rural
Method: NCRHW 2016 study of critical access hospitals (IMPLAN Type II), employment × 1.34, earnings × 1.19; output × 2.30 (AHA national, upper bound for rural). Direct figures are reported values from the facility's HCRIS cost report; multiplied figures are estimates.
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