Astrelis
Psychiatric hospital · Plainfield, IN

HENDRICKS BEHAVIORAL HOSPITAL

CCN 154067HENDRICKS CountyProprietaryUrban (USDA RUCC)112 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 Plainfield, IN. It ran an operating surplus of 33.4% in FY24 on $43.0M of operating revenue. It held 50 days of cash on hand (80th percentile among Psychiatric hospitals on liquidity). Only a single comparable reporting year is available, so trend context is limited. These figures come from filings spanning FY21–FY24: read each by its own year rather than as one current picture.

Operating margin · FY24
+33.4%
vs Psychiatric hospitals96th pctl of 437 (FY24)
Days cash on hand · FY24
50d
all sources
vs Psychiatric hospitals80th pctl of 376 (FY24)
Total operating revenue · FY24
$43.0M
vs Psychiatric hospitals77th pctl of 509 (FY24)
Total margin · incl. nonoperating · FY24
+33.4%
vs Psychiatric hospitals95th pctl of 434 (FY24)
One point of operating margin at HENDRICKS BEHAVIORAL HOSPITAL is about $430K per year (1% of FY24 total operating revenue).

Where HENDRICKS BEHAVIORAL 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.

-20%-10%0%+10%+20%Psychiatric hospital median +4.788257940327237%HENDRICKS BEHAVIORAL +33.35850740233817%-20%0%+20%Psychiatric hospital median +4.788257940327237%HENDRICKS BEHAVIORAL +33.35850740233817%
One psychiatric hospitalHENDRICKS BEHAVIORALPsychiatric 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
+33.4% (FY24)
Operating income ÷ total operating revenue
HCRIS WS G-3
Total margin
+33.4% (FY24)
Net income ÷ total revenue incl. nonoperating
HCRIS WS G-3
Days cash on hand
50d (FY24)
Cash, investments & board-designated reserves ÷ daily operating expense (excl. depreciation)
HCRIS WS G / G-3
Current ratio
2.44× (FY21)
Total current assets ÷ current liabilities
HCRIS WS G
Equity financing ratio
92% (FY21)
Total net assets ÷ total assets
HCRIS WS G
Days in net patient A/R
84d (FY21)
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
HCRIS WS G / G-3
$ in thousands
Line itemFY22FY23FY24
Patient revenue23,62135,91243,032
Other operating revenue752
Total operating revenue23,62835,91743,034
Total operating expenses20,65825,38828,678
Operating income2,97010,52914,355
Operating margin %+12.6%+29.3%+33.4%
Investment income233
Other non-operating, net131527
Net income2,98510,54714,385
Net income %+12.6%+29.4%+33.4%
HCRIS Worksheet G-3 / S-3 · $ thousands · FY21–FY24 · FY20–21 may include COVID-era relief funding in nonoperating income

How it operates

quality & operational context · CMS public reporting

A 112-bed hospital at 78% occupancy 9% 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
77.8%
Verified fact2024
HCRIS WS S-3
Average daily census
87.39
Verified fact2024
HCRIS WS S-3
Staffed beds (acute)
112
Verified fact2024
HCRIS WS S-3
Annual discharges
3,193
Verified fact2024
HCRIS WS S-3
Average length of stay
10.0d
Verified fact2024
HCRIS WS S-3
Outpatient share of patient revenue
8.9%
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 · 4 reporting years
Operating margin
-26.1%+12.6%+29.3%+33.4%FY21FY22FY23FY24
Days cash on hand
15 days20 days16 days50 daysFY21FY22FY23FY24

The county this hospital serves

HENDRICKS County, IN · metro, 1M+ population
Median household income
$100.0K
vs $82.1K US
Poverty rate
5.0%
vs 12.5% US
Uninsured
5.6%
vs 8.6% US
Age 65+
14.7%
vs 16.8% US
Fair or poor health
15.7%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 5.0% of county personal income is Medicare/Medicaid medical benefits; 14.5% arrives as government transfers (BEA, 2022).
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