A hospital in New Orleans, LA. It ran an operating surplus of 15.8% in FY24 on $3132.7M of operating revenue. It held 4 days of cash on hand (34th percentile among Urban PPS hospitals on liquidity). Operating margin improved from 7.7% in FY20 to 15.8% in FY24.
Operating margin · FY24
+15.8%
▲ 0.2 pts vs FY23
vs Urban PPS hospitals83rd pctl of 2,562 (FY24)
Days cash on hand · FY24
4d
all sources
▼ 0.2 days vs FY23
vs Urban PPS hospitals34th pctl of 2,354 (FY24)
Total operating revenue · FY24
$3.13B
▲ 226.7 $M vs FY23
vs Urban PPS hospitals99th pctl of 2,608 (FY24)
Total margin · incl. nonoperating · FY24
+16.3%
▲ 0.7 pts vs FY23
vs Urban PPS hospitals80th pctl of 2,563 (FY24)
Benchmarked within its own FY24 pool (n=2,562); the Urban PPS hospital cohort's current year is FY25.
One point of operating margin at OCHSNER MEDICAL CENTER ACUTE is about $31.3M per year (1% of FY24 total operating revenue).
Where OCHSNER MEDICAL CENTER sits among Urban PPS hospitals
Operating margin · FY24 pool · n = 2,562 of 2,681 filed
Each point is one Urban PPS 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 Urban PPS hospital median is +2.0%. Descriptive context only, not a ranking.
Benchmarked within its own FY24 pool (n=2,562); the Urban PPS hospital cohort's current year is FY25.
One urban pps hospitalOCHSNER MEDICALUrban PPS 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.
Not shown, balance sheet did not reconcile as filed
Total current assets ÷ current liabilities
HCRIS WS G
Equity financing ratio
Not shown, balance sheet did not reconcile as filed
Total net assets ÷ total assets
HCRIS WS G
Days in net patient A/R
Not shown, balance sheet did not reconcile as filed
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
HCRIS WS G / G-3
$ in thousands
Line item
FY22
FY23
FY24
Patient revenue
2,019,803
2,316,134
2,516,199
Other operating revenue
483,582
589,891
616,500
Total operating revenue
2,503,385
2,906,026
3,132,698
Total operating expenses
2,297,887
2,452,167
2,636,822
Operating income
205,498
453,859
495,877
Operating margin %
+8.2%
+15.6%
+15.8%
Other non-operating, net
7,540
606
15,519
Net income
213,038
454,465
511,396
Net income %
+8.5%
+15.6%
+16.2%
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
A 682-bed hospital at 68% occupancy 61% 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
68.5%
Verified fact2024
HCRIS WS S-3
Average daily census
468.12
Verified fact2024
HCRIS WS S-3
Staffed beds (acute)
682
Verified fact2024
HCRIS WS S-3
Annual discharges
43,349
Verified fact2024
HCRIS WS S-3
Average length of stay
3.9d
Verified fact2024
HCRIS WS S-3
Outpatient share of patient revenue
61.1%
Verified fact2024
HCRIS WS G-2 L28
Total FTEs
11,103
Verified fact2024
HCRIS WS S-3 Pt II
Contract labor share of labor cost
18.9%
Verified fact2024
HCRIS WS S-3 Pt V
Who it serves
Total unreimbursed & uncompensated care
$32.5M
Verified fact2023
HCRIS WS S-10 line 31
How the care measures up
C. difficile infection (SIR)
0.255
Better than the National Benchmark
CMS-reported measure07/01/2024 to 06/30/2025
CMS Care Compare
Hospital-wide unplanned readmission
16.2%
Worse Than the National Rate
CMS-reported measure07/01/2023 to 06/30/2024
CMS Care Compare
Medicare spending per beneficiary
0.99
CMS-reported measure01/01/2024 to 12/31/2024
CMS Care Compare
Patient-safety composite (PSI-90)
1.151747
CMS-reported measure07/01/2022 to 06/30/2024
CMS Care Compare
Trajectory
Cost-report basis · 5 reporting years
Operating margin
Days cash on hand
The county this hospital serves
JEFFERSON County, LA · metro, 1M+ population
Median household income
$65.2K
vs $82.1K US · $59.7K rural median
Poverty rate
16.3%
vs 12.5% US · 14.3% rural median
Uninsured
10.9%
vs 8.6% US · 8.4% rural median
Age 65+
18.1%
vs 16.8% US · 20.6% rural median
Fair or poor health
23.5%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 10.8% of county personal income is Medicare/Medicaid medical benefits; 22.3% arrives as government transfers (BEA, 2022).
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