Astrelis
Psychiatric hospital · Indianapolis, IN

NEUROPSYCHIATRIC HOSPITAL OF INDIANAPOLIS, LLC

CCN 154063MARION CountyProprietaryUrban (USDA RUCC)50 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. Days cash on hand is FY21, the most recent year that passed the display gate. Every tile below states its own fiscal year; nothing is carried forward or estimated.
The read

A hospital in Indianapolis, IN. It ran an operating surplus of 7.0% in FY24 on $12.9M of operating revenue. It held 6 days of cash on hand in FY21, its most recent reported liquidity (61st percentile among Psychiatric hospitals on liquidity). Operating margin improved from -3.8% in FY20 to 7.0% in FY24, though it fell 11.3 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
+7.0%
vs Psychiatric hospitals54th pctl of 437 (FY24)
Days cash on hand · FY21
6d
all sources
vs Psychiatric hospitals61st pctl of 376 (FY24)
Total operating revenue · FY24
$12.9M
vs Psychiatric hospitals26th pctl of 509 (FY24)
Total margin · incl. nonoperating · FY24
+7.0%
vs Psychiatric hospitals48th pctl of 434 (FY24)
One point of operating margin at NEUROPSYCHIATRIC HOSPITAL OF INDIANAPOLIS, LLC is about $129K per year (1% of FY24 total operating revenue).

Where NEUROPSYCHIATRIC HOSPITAL OF 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%NEUROPSYCHIATRIC HOSPITAL +6.955063767688451%-20%0%+20%Psychiatric hospital median +4.788257940327237%NEUROPSYCHIATRIC HOSPITAL +6.955063767688451%
One psychiatric hospitalNEUROPSYCHIATRIC HOSPITALPsychiatric 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
+7.0% (FY24)
Operating income ÷ total operating revenue
HCRIS WS G-3
Total margin
+7.0% (FY24)
Net income ÷ total revenue incl. nonoperating
HCRIS WS G-3
Days cash on hand
6d (FY21)
Cash, investments & board-designated reserves ÷ daily operating expense (excl. depreciation)
HCRIS WS G / G-3
Current ratio
0.92× (FY21)
Total current assets ÷ current liabilities
HCRIS WS G
Equity financing ratio
59% (FY21)
Total net assets ÷ total assets
HCRIS WS G
Days in net patient A/R
89d (FY21)
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
HCRIS WS G / G-3
$ in thousands
Line itemFY22FY23FY24
Patient revenue12,34813,87812,877
Other operating revenue19815
Total operating revenue12,54513,88012,883
Total operating expenses13,72911,35011,987
Operating income(1,183)2,530896
Operating margin %-9.4%+18.2%+7.0%
Investment income0
Other non-operating, net181(50)1
Net income(1,002)2,480897
Net income %-7.9%+17.9%+7.0%
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

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
79.5%
Verified fact2024
HCRIS WS S-3
Average daily census
39.84
Verified fact2024
HCRIS WS S-3
Staffed beds (acute)
50
Verified fact2024
HCRIS WS S-3
Annual discharges
1,303
Verified fact2024
HCRIS WS S-3
Average length of stay
11.2d
Verified fact2024
HCRIS WS S-3
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
-3.8%-4.6%-9.4%+18.2%+7.0%FY20FY21FY22FY23FY24
Days cash on hand
38 days6 daysFY20FY21FY22FY23FY24
FY24 days cash suppressed: out of display range.

The county this hospital serves

MARION County, IN · metro, 1M+ population
Median household income
$63.5K
vs $82.1K US
Poverty rate
15.1%
vs 12.5% US
Uninsured
9.0%
vs 8.6% US
Age 65+
12.9%
vs 16.8% US
Fair or poor health
21.0%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 7.5% of county personal income is Medicare/Medicaid medical benefits; 16.8% arrives as government transfers (BEA, 2022).
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