Astrelis
Psychiatric hospital · Richmond, IN

RICHMOND STATE HOSPITAL

CCN 154018WAYNE CountyProprietaryRural (USDA RUCC)190 bedsLatest FY 2025
Cost-report basis
HCRIS · as filed
Not audited by Astrelis
The read

A hospital in Richmond, IN. It reported $4.1M of operating revenue. It held 103 days of cash on hand (86th percentile among Psychiatric hospitals on liquidity). Only a single comparable reporting year is available, so trend context is limited.

Operating margin
Not available
vs Psychiatric hospitals
Days cash on hand · FY25
103d
all sources
21.8 days vs FY24
vs Psychiatric hospitals86th pctl of 376 (FY24)
Total operating revenue · FY25
$4.1M
0.1 $M vs FY24
vs Psychiatric hospitals6th pctl of 509 (FY24)
Total margin · incl. nonoperating
Not available
vs Psychiatric hospitals
This facility's newest settled year, FY25, has not yet reached pool validity: benchmarked against the FY24 pool (n=437).
One point of operating margin at RICHMOND STATE HOSPITAL is about $41K per year (1% of FY25 total operating revenue).

Where RICHMOND STATE HOSPITAL sits among Psychiatric hospitals

Operating margin · FY24 pool · n = 437 of 610 filed

Each point is one Psychiatric 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 Psychiatric hospital median is +4.8%. Descriptive context only, not a ranking.

This facility's newest settled year, FY25, has not yet reached pool validity: benchmarked against the FY24 pool (n=437).
-20%-10%0%+10%+20%Psychiatric hospital median +4.788257940327237%-20%0%+20%Psychiatric hospital median +4.788257940327237%
One psychiatric hospitalRICHMOND STATEPsychiatric 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.

Operating margin
Not reported in this filing
Operating income ÷ total operating revenue
HCRIS WS G-3
Total margin
Not reported in this filing
Net income ÷ total revenue incl. nonoperating
HCRIS WS G-3
Days cash on hand
103d (FY25)
Cash, investments & board-designated reserves ÷ daily operating expense (excl. depreciation)
HCRIS WS G / G-3
Current ratio
Not shown, outside plausibility bounds
Total current assets ÷ current liabilities
HCRIS WS G
Equity financing ratio
50% (FY25)
Total net assets ÷ total assets
HCRIS WS G
Days in net patient A/R
Not shown, outside plausibility bounds
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
HCRIS WS G / G-3
$ in thousands
Line itemFY23FY24FY25
Patient revenue3,1953,9194,041
Other operating revenue545565
Total operating revenue3,2493,9754,106
Total operating expenses39,66043,23644,047
Operating income(36,410)(39,261)(39,941)
Operating margin %-1120.7%-987.7%-972.7%
Net income(36,410)(39,261)(39,941)
Net income %-1120.7%-987.7%-972.7%
HCRIS Worksheet G-3 / S-3 · $ thousands · FY21–FY25 · FY20–21 may include COVID-era relief funding in nonoperating income
FY21, FY22, FY23, FY24, FY25 operating and total margins are not shown: they compute from near-zero net patient revenue, so the ratio is not meaningful (display gate; statement values unchanged).

How it operates

quality & operational context · CMS public reporting

A 190-bed hospital at 93% occupancy 0% 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
92.6%
Verified fact2025
HCRIS WS S-3
Average daily census
176.44
Verified fact2025
HCRIS WS S-3
Staffed beds (acute)
190
Verified fact2025
HCRIS WS S-3
Annual discharges
209
Verified fact2025
HCRIS WS S-3
Average length of stay
307.3d
Verified fact2025
HCRIS WS S-3
Outpatient share of patient revenue
0.0%
Verified fact2025
HCRIS WS G-2 L28
How the care measures up
No public quality measures are reported for this facility in the current Care Compare refresh.

Trajectory

Cost-report basis · 5 reporting years
Operating margin
Not available
Days cash on hand
127 days161 days119 days125 days103 daysFY21FY22FY23FY24FY25

The county this hospital serves

WAYNE County, IN
Median household income
$56.7K
vs $82.1K US
Poverty rate
16.9%
vs 12.5% US
Uninsured
10.7%
vs 8.6% US
Age 65+
19.2%
vs 16.8% US
Fair or poor health
22.4%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 16.9% of county personal income is Medicare/Medicaid medical benefits; 32.5% arrives as government transfers (BEA, 2022).
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