Astrelis
Psychiatric hospital · Lafayette, IN

SYCAMORE SPRINGS

CCN 154059TIPPECANOE CountyProprietaryUrban (USDA RUCC)48 bedsLatest FY 2024
Cost-report basis
HCRIS · as filed
Not audited by Astrelis
Financial anchor year: FY24. Margin and revenue are as filed for FY24. Balance-sheet measures (current ratio, equity financing, days in A/R) use FY21, 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 Lafayette, IN. It ran an operating surplus of 9.7% in FY24 on $18.9M of operating revenue. It held 0 days of cash on hand (0th percentile among Psychiatric hospitals on liquidity). Operating margin improved from 7.6% in FY20 to 9.7% in FY24, though it fell 10.1 points in the most recent year. These figures come from filings spanning FY21–FY24: read each by its own year rather than as one current picture.

Operating margin · FY24
+9.7%
vs Psychiatric hospitals62nd pctl of 437 (FY24)
Days cash on hand · FY24
0d
all sources
vs Psychiatric hospitals0th pctl of 376 (FY24)
Total operating revenue · FY24
$18.9M
vs Psychiatric hospitals42nd pctl of 509 (FY24)
Total margin · incl. nonoperating · FY24
+9.8%
vs Psychiatric hospitals57th pctl of 434 (FY24)
One point of operating margin at SYCAMORE SPRINGS is about $189K per year (1% of FY24 total operating revenue).

Where SYCAMORE SPRINGS 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.

-20%-10%0%+10%+20%Psychiatric hospital median +4.788257940327237%SYCAMORE SPRINGS +9.709493479883733%-20%0%+20%Psychiatric hospital median +4.788257940327237%SYCAMORE SPRINGS +9.709493479883733%
One psychiatric hospitalSYCAMORE SPRINGSPsychiatric 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
+9.7% (FY24)
Operating income ÷ total operating revenue
HCRIS WS G-3
Total margin
+9.8% (FY24)
Net income ÷ total revenue incl. nonoperating
HCRIS WS G-3
Days cash on hand
0d (FY24)
Cash, investments & board-designated reserves ÷ daily operating expense (excl. depreciation)
HCRIS WS G / G-3
Current ratio
1.25× (FY21)
Total current assets ÷ current liabilities
HCRIS WS G
Equity financing ratio
32% (FY21)
Total net assets ÷ total assets
HCRIS WS G
Days in net patient A/R
51d (FY21)
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
HCRIS WS G / G-3
$ in thousands
Line itemFY22FY23FY24
Patient revenue20,12721,02818,881
Other operating revenue416
Total operating revenue20,13021,02818,888
Total operating expenses15,17916,86317,054
Operating income4,9524,1651,834
Operating margin %+24.6%+19.8%+9.7%
Other non-operating, net141524
Net income4,9664,1801,858
Net income %+24.7%+19.9%+9.8%
HCRIS Worksheet G-3 / S-3 · $ thousands · FY20–FY24 · FY20–21 may include COVID-era relief funding in nonoperating income
FY21 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 48-bed hospital at 89% occupancy 25% 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
88.6%
Verified fact2024
HCRIS WS S-3
Average daily census
42.67
Verified fact2024
HCRIS WS S-3
Staffed beds (acute)
48
Verified fact2024
HCRIS WS S-3
Annual discharges
2,204
Verified fact2024
HCRIS WS S-3
Average length of stay
7.1d
Verified fact2024
HCRIS WS S-3
Outpatient share of patient revenue
25.2%
Verified fact2024
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
+7.6%+20.1%+24.6%+19.8%+9.7%FY20FY21FY22FY23FY24
Days cash on hand
7 days7 days0 days0 days0 daysFY20FY21FY22FY23FY24

The county this hospital serves

TIPPECANOE County, IN · metro, under 250K
Median household income
$58.6K
vs $82.1K US
Poverty rate
19.0%
vs 12.5% US
Uninsured
5.5%
vs 8.6% US
Age 65+
12.0%
vs 16.8% US
Fair or poor health
18.0%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 7.1% of county personal income is Medicare/Medicaid medical benefits; 18.1% arrives as government transfers (BEA, 2022).
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