Astrelis
Psychiatric hospital · Broussard, LA

OCEANS HOSPITAL OF BROUSSARD

CCN 194073LAFAYETTE PARISHProprietaryUrban (USDA RUCC)38 bedsLatest FY 2024
Cost-report basis
HCRIS · as filed
Not audited by Astrelis
The read

A hospital in Broussard, LA. It ran an operating surplus of 16.9% in FY24 on $12.3M of operating revenue. It held 0 days of cash on hand (0th percentile among Psychiatric hospitals on liquidity). Operating margin improved from 15.1% in FY20 to 16.9% in FY24, though it fell 2.3 points in the most recent year.

Operating margin · FY24
+16.9%
2.3 pts vs FY23
vs Psychiatric hospitals74th pctl of 437 (FY24)
Days cash on hand · FY24
0d
all sources
0.0 days vs FY23
vs Psychiatric hospitals0th pctl of 376 (FY24)
Total operating revenue · FY24
$12.3M
0.3 $M vs FY23
vs Psychiatric hospitals25th pctl of 509 (FY24)
Total margin · incl. nonoperating · FY24
+16.9%
2.3 pts vs FY23
vs Psychiatric hospitals71st pctl of 434 (FY24)
One point of operating margin at OCEANS HOSPITAL OF BROUSSARD is about $123K per year (1% of FY24 total operating revenue).

Where OCEANS HOSPITAL OF 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%OCEANS HOSPITAL +16.86901373040396%-20%0%+20%Psychiatric hospital median +4.788257940327237%OCEANS HOSPITAL +16.86901373040396%
One psychiatric hospitalOCEANS HOSPITALPsychiatric 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
+16.9% (FY24)
Operating income ÷ total operating revenue
HCRIS WS G-3
Total margin
+16.9% (FY24)
Net income ÷ total revenue incl. nonoperating
HCRIS WS G-3
Days cash on hand
0d (FY24)
Cash, investments & board-designated reserves ÷ daily operating expense (excl. depreciation)
HCRIS WS G / G-3
Current ratio
13.31× (FY24)
Total current assets ÷ current liabilities
HCRIS WS G
Equity financing ratio
74% (FY24)
Total net assets ÷ total assets
HCRIS WS G
Days in net patient A/R
41d (FY24)
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
HCRIS WS G / G-3
$ in thousands
Line itemFY22FY23FY24
Patient revenue10,92511,99212,293
Other operating revenue61238
Total operating revenue10,93112,00412,330
Total operating expenses9,4209,70110,250
Operating income1,5122,3032,080
Operating margin %+13.8%+19.2%+16.9%
Other non-operating, net000
Net income1,5122,3032,080
Net income %+13.8%+19.2%+16.9%
HCRIS Worksheet G-3 / S-3 · $ thousands · FY20–FY24 · where other operating income is not reported, total operating revenue reflects net patient revenue alone · FY20–21 may include COVID-era relief funding in nonoperating income

How it operates

quality & operational context · CMS public reporting

A 38-bed hospital at 86% occupancy 18% 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
85.9%
Verified fact2024
HCRIS WS S-3
Average daily census
32.73
Verified fact2024
HCRIS WS S-3
Staffed beds (acute)
38
Verified fact2024
HCRIS WS S-3
Annual discharges
1,382
Verified fact2024
HCRIS WS S-3
Average length of stay
8.6d
Verified fact2024
HCRIS WS S-3
Outpatient share of patient revenue
17.9%
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 · 5 reporting years
Operating margin
+15.1%+21.5%+13.8%+19.2%+16.9%FY20FY21FY22FY23FY24
Days cash on hand
0 days0 days0 days0 days0 daysFY20FY21FY22FY23FY24

The county this hospital serves

LAFAYETTE County, LA · metro, 250K–1M
Median household income
$67.7K
vs $82.1K US
Poverty rate
17.4%
vs 12.5% US
Uninsured
8.4%
vs 8.6% US
Age 65+
14.3%
vs 16.8% US
Fair or poor health
20.7%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 8.4% of county personal income is Medicare/Medicaid medical benefits; 18.8% arrives as government transfers (BEA, 2022).
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