Financial anchor year: FY25. Margin and revenue are as filed for FY25. Balance-sheet measures (current ratio, equity financing, days in A/R) use FY24, 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 Waukon, IA. It ran an operating loss of 5.9% in FY25 on $28.4M of operating revenue. It held 97 days of cash on hand (49th percentile among Critical Access Hospitals on liquidity). Operating margin declined from -2.3% in FY21 to -5.9% in FY25. Including nonoperating items, the all-in result was positive at 2.2%.
Operating margin · FY25
-5.9%
▼ 3.5 pts vs FY24
vs Critical Access Hospitals32nd pctl of 824 (FY25)
Days cash on hand · FY25
97d
all sources
▲ 43.2 days vs FY24
vs Critical Access Hospitals49th pctl of 827 (FY25)
Total operating revenue · FY25
$28.4M
▲ 2.8 $M vs FY24
vs Critical Access Hospitals44th pctl of 833 (FY25)
Total margin · incl. nonoperating · FY25
+2.2%
▼ 1.9 pts vs FY24
vs Critical Access Hospitals32nd pctl of 824 (FY25)
One point of operating margin at VETERANS MEMORIAL HOSPITAL is about $284K per year (1% of FY25 total operating revenue).
Where VETERANS MEMORIAL HOSPITAL sits among Critical Access Hospitals
Operating margin · FY25 pool · n = 824 of 1,404 filed
Each point is one Critical Access 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 Critical Access Hospital median is -0.2%. Descriptive context only, not a ranking.
One critical access hospitalVETERANS MEMORIALCritical Access 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
Medicare inpatient contribution margin
+36.7% (FY24)
Full comparison in the CAH Performance Benchmark.
HCRIS cost report · CAH economics engine
Medicare outpatient contribution margin
+53.5% (FY24)
Full comparison in the CAH Performance Benchmark.
HCRIS cost report · CAH economics engine
$ in thousands
Line item
FY23
FY24
FY25
Patient revenue
21,752
25,507
28,267
Other operating revenue
155
125
125
Total operating revenue
21,907
25,632
28,392
Total operating expenses
22,824
26,253
30,069
Operating income
(916)
(621)
(1,677)
Operating margin %
-4.2%
-2.4%
-5.9%
Grants & contributions
83
991
1,395
Investment income
101
—
—
Other non-operating, net
1,521
751
971
Net income
789
1,121
689
Net income %
+3.3%
+4.1%
+2.2%
HCRIS Worksheet G-3 / S-3 · $ thousands · FY21–FY25 · FY20–21 may include COVID-era relief funding in nonoperating income
How it operates
quality & operational context · CMS public reporting
A 25-bed hospital at 7% occupancy where swing beds are 58% of the inpatient business and 89% 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
7.1%
Verified fact2025
HCRIS WS S-3
Average daily census
1.79
Verified fact2025
HCRIS WS S-3
Staffed beds (acute)
25
Verified fact2025
HCRIS WS S-3
Annual discharges
358
Verified fact2025
HCRIS WS S-3
Average length of stay
1.8d
Verified fact2025
HCRIS WS S-3
Swing-bed average daily census
2.47
Verified fact2025
HCRIS WS S-3 L5–6
Swing-bed share of inpatient days
57.9%
Verified fact2025
HCRIS WS S-3 (acute + swing days)
Outpatient share of patient revenue
88.8%
Verified fact2025
HCRIS WS G-2 L28
How the care measures up
C. difficile infection (SIR)
Results cannot be calculated for this reporting period.
CMS-reported measure07/01/2024 to 06/30/2025
CMS Care Compare
Hospital-wide unplanned readmission
14.9%
No Different Than the National Rate
CMS-reported measure07/01/2023 to 06/30/2024
CMS Care Compare
Pricing
Pilot · FY25
Commercial rates vs Medicare
176%
Commercial negotiated rates as a percent of Medicare rates, outpatient basket.
Hospital price files + Medicare rates
Directional indicator from public price files. Facility-specific rate positioning is the Commercial Pricing Study →
Trajectory
Cost-report basis · 5 reporting years
Operating margin
Days cash on hand
The county this hospital serves
ALLAMAKEE County, IA
Median household income
$66.0K
vs $82.1K US · $59.7K rural median
Poverty rate
12.1%
vs 12.5% US · 14.3% rural median
Uninsured
6.6%
vs 8.6% US · 8.4% rural median
Age 65+
22.7%
vs 16.8% US · 20.6% rural median
Fair or poor health
18.3%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 8.9% of county personal income is Medicare/Medicaid medical benefits; 22.1% arrives as government transfers (BEA, 2022).
What this hospital means to Allamakee County
economic contribution · FY25 cost report
Direct annual spending
$30.1M
total operating expense · reported
Total economic output
$69.2M
× 2.30 output multiplier · estimate, upper bound for rural
Method: NCRHW 2016 study of critical access hospitals (IMPLAN Type II), employment × 1.34, earnings × 1.19; output × 2.30 (AHA national, upper bound for rural). Direct figures are reported values from the facility's HCRIS cost report; multiplied figures are estimates.
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Your negotiated commercial rates against Medicare and against peers, from hospitals' own published price files. We validate your hospital's rate file before taking payment.
