Financial anchor year: FY24. Margin and revenue are as filed for FY24. Balance-sheet measures (current ratio, equity financing, days in A/R) use FY22, the latest filing whose balance sheet reconciled as filed. Days cash on hand is FY22, 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 14.1% in FY24 on $13.3M of operating revenue. It held 2 days of cash on hand in FY22, its most recent reported liquidity (55th percentile among Psychiatric hospitals on liquidity). Operating margin improved from 0.2% in FY20 to 14.1% in FY24, though it fell 2.6 points in the most recent year.
Operating margin · FY24
+14.1%
vs Psychiatric hospitals69th pctl of 437 (FY24)
Days cash on hand · FY22
2d
all sources
vs Psychiatric hospitals55th pctl of 376 (FY24)
Total operating revenue · FY24
$13.3M
vs Psychiatric hospitals28th pctl of 509 (FY24)
Total margin · incl. nonoperating · FY24
+14.1%
vs Psychiatric hospitals67th pctl of 434 (FY24)
One point of operating margin at ASSURANCE HEALTH PSYCHIATRIC HOSPITAL is about $133K per year (1% of FY24 total operating revenue).
Where ASSURANCE HEALTH PSYCHIATRIC 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.
One psychiatric hospitalASSURANCE HEALTHPsychiatric 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.
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
HCRIS WS G / G-3
$ in thousands
Line item
FY22
FY23
FY24
Patient revenue
13,462
13,444
13,262
Total operating revenue
13,462
13,444
13,262
Total operating expenses
11,731
11,201
11,394
Operating income
1,731
2,244
1,868
Operating margin %
+12.9%
+16.7%
+14.1%
Other non-operating, net
0
0
0
Net income
1,731
2,244
1,868
Net income %
+12.9%
+16.7%
+14.1%
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
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
76.9%
Verified fact2024
HCRIS WS S-3
Average daily census
33.14
Verified fact2024
HCRIS WS S-3
Staffed beds (acute)
43
Verified fact2024
HCRIS WS S-3
Annual discharges
904
Verified fact2024
HCRIS WS S-3
Average length of stay
13.4d
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
Days cash on hand
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).
The Board Briefing$1,000
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