Financial anchor year: FY24. Margin and revenue are as filed for FY24. 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 Metairie, LA. It ran an operating surplus of 18.2% in FY24 on $22.2M of operating revenue. It held 26 days of cash on hand in FY21, its most recent reported liquidity (53rd percentile among Urban PPS hospitals on liquidity). Operating margin improved from -11.2% in FY20 to 18.2% in FY24, though it fell 6.4 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
+18.2%
vs Urban PPS hospitals87th pctl of 2,562 (FY24)
Days cash on hand · FY21
26d
all sources
vs Urban PPS hospitals53rd pctl of 2,354 (FY24)
Total operating revenue · FY24
$22.2M
vs Urban PPS hospitals3rd pctl of 2,608 (FY24)
Total margin · incl. nonoperating · FY24
+18.2%
vs Urban PPS hospitals84th 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 OMEGA HOSPITAL, LLC is about $222K per year (1% of FY24 total operating revenue).
Where OMEGA HOSPITAL, LLC 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 hospitalOMEGA HOSPITAL,Urban 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.
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
HCRIS WS G / G-3
$ in thousands
Line item
FY21
FY23
FY24
Patient revenue
11,173
4,399
22,068
Other operating revenue
2,819
7,485
102
Total operating revenue
13,993
11,883
22,170
Total operating expenses
10,556
9,461
18,138
Operating income
3,437
2,423
4,032
Operating margin %
+24.6%
+20.4%
+18.2%
Other non-operating, net
751
0
0
Net income
4,188
2,423
4,032
Net income %
+28.4%
+20.4%
+18.2%
HCRIS Worksheet G-3 / S-3 · $ thousands · FY20–FY24 · FY20–21 may include COVID-era relief funding in nonoperating income
FY23 operating and total margins are not shown: they compute from near-zero net patient revenue, so the ratio is not meaningful (display gate; statement values unchanged).
How it operates
quality & operational context · CMS public reporting
A 10-bed hospital at 3% occupancy 93% 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
3.1%
Verified fact2024
HCRIS WS S-3
Average daily census
0.31
Verified fact2024
HCRIS WS S-3
Staffed beds (acute)
10
Verified fact2024
HCRIS WS S-3
Annual discharges
73
Verified fact2024
HCRIS WS S-3
Average length of stay
1.5d
Verified fact2024
HCRIS WS S-3
Outpatient share of patient revenue
93.3%
Verified fact2024
HCRIS WS G-2 L28
Total FTEs
53.30
Verified fact2024
HCRIS WS S-3 Pt II
Contract labor share of labor cost
14.7%
Verified fact2024
HCRIS WS S-3 Pt V
How the care measures up
C. difficile infection (SIR)
Data are shown only for hospitals that participate in the Inpatient Quality Reporting (IQR) and Outpatient Quality Reporting (OQR) programs.
CMS-reported measure07/01/2024 to 06/30/2025
CMS Care Compare
Hospital-wide unplanned readmission
Data are shown only for hospitals that participate in the Inpatient Quality Reporting (IQR) and Outpatient Quality Reporting (OQR) programs.
CMS-reported measure07/01/2023 to 06/30/2024
CMS Care Compare
Medicare spending per beneficiary
Data are shown only for hospitals that participate in the Inpatient Quality Reporting (IQR) and Outpatient Quality Reporting (OQR) programs.
CMS-reported measure01/01/2024 to 12/31/2024
CMS Care Compare
Patient-safety composite (PSI-90)
Data are shown only for hospitals that participate in the Inpatient Quality Reporting (IQR) and Outpatient Quality Reporting (OQR) programs.
CMS-reported measure07/01/2022 to 06/30/2024
CMS Care Compare
Trajectory
Cost-report basis · 4 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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