Astrelis
Children's hospital · New Orleans, LA

CHILDRENS HOSPITAL

CCN 193300Orleans CountyVoluntary non-profit - PrivateUrban (USDA RUCC)119 bedsLatest FY 2024
Cost-report basis
HCRIS · as filed
Not audited by Astrelis
The read

A hospital in New Orleans, LA. It ran an operating surplus of 20.4% in FY24 on $682.4M of operating revenue. It held 634 days of cash on hand (88th percentile among Children's hospitals on liquidity). Operating margin improved from 8.0% in FY20 to 20.4% in FY24, though it fell 0.9 points in the most recent year.

Operating margin · FY24
+20.4%
0.9 pts vs FY23
vs Children's hospitals85th pctl of 66 (FY24)
Days cash on hand · FY24
634d
all sources
95.0 days vs FY23
vs Children's hospitals88th pctl of 60 (FY24)
Total operating revenue · FY24
$682.4M
20.3 $M vs FY23
vs Children's hospitals46th pctl of 68 (FY24)
Total margin · incl. nonoperating · FY24
+27.5%
6.4 pts vs FY23
vs Children's hospitals88th pctl of 66 (FY24)
Benchmarked within its own FY24 pool (n=66); the Children's hospital cohort's current year is FY25.
One point of operating margin at CHILDRENS HOSPITAL is about $6.8M per year (1% of FY24 total operating revenue).

Where CHILDRENS HOSPITAL sits among Children's hospitals

Operating margin · FY24 pool · n = 66 of 73 filed

Each point is one Children's 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 Children's hospital median is +5.6%. Descriptive context only, not a ranking.

Benchmarked within its own FY24 pool (n=66); the Children's hospital cohort's current year is FY25.
-20%-10%0%+10%+20%Children's hospital median +5.572969972789766%CHILDRENS HOSPITAL +20.402043598047836%-20%0%+20%Children's hospital median +5.572969972789766%CHILDRENS HOSPITAL +20.402043598047836%
One children's hospitalCHILDRENS HOSPITALChildren's 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
+20.4% (FY24)
Operating income ÷ total operating revenue
HCRIS WS G-3
Total margin
+27.5% (FY24)
Net income ÷ total revenue incl. nonoperating
HCRIS WS G-3
Days cash on hand
634d (FY24)
Cash, investments & board-designated reserves ÷ daily operating expense (excl. depreciation)
HCRIS WS G / G-3
Current ratio
14.86× (FY24)
Total current assets ÷ current liabilities
HCRIS WS G
Equity financing ratio
94% (FY24)
Total net assets ÷ total assets
HCRIS WS G
Days in net patient A/R
26d (FY24)
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
HCRIS WS G / G-3
$ in thousands
Line itemFY22FY23FY24
Patient revenue523,353634,486641,213
Other operating revenue(10,484)27,61641,230
Total operating revenue512,869662,102682,443
Total operating expenses488,378521,318543,211
Operating income24,491140,785139,232
Operating margin %+4.8%+21.3%+20.4%
Investment income(177,741)126,81466,548
Other non-operating, net001
Net income(153,250)267,599205,781
Net income %-45.7%+33.9%+27.5%
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 119-bed hospital at 53% occupancy 51% 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
52.7%
Verified fact2024
HCRIS WS S-3
Average daily census
62.94
Verified fact2024
HCRIS WS S-3
Staffed beds (acute)
119
Verified fact2024
HCRIS WS S-3
Annual discharges
5,579
Verified fact2024
HCRIS WS S-3
Average length of stay
4.1d
Verified fact2024
HCRIS WS S-3
Outpatient share of patient revenue
50.8%
Verified fact2024
HCRIS WS G-2 L28
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 · 5 reporting years
Operating margin
+8.0%-1.1%+4.8%+21.3%+20.4%FY20FY21FY22FY23FY24
Days cash on hand
1,312 days1,242 days848 days729 days634 daysFY20FY21FY22FY23FY24

The county this hospital serves

ORLEANS County, LA · metro, 1M+ population
Median household income
$55.3K
vs $82.1K US
Poverty rate
22.6%
vs 12.5% US
Uninsured
8.4%
vs 8.6% US
Age 65+
16.5%
vs 16.8% US
Fair or poor health
22.0%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 10.8% of county personal income is Medicare/Medicaid medical benefits; 21.1% arrives as government transfers (BEA, 2022).
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