Astrelis
Psychiatric hospital · Bastrop, LA

FREEDOM BEHAVIORAL HOSPITAL OF BASTROP

CCN 194083MOREHOUSE PARISHProprietaryUrban (USDA RUCC)42 bedsLatest FY 2024
Cost-report basis
HCRIS · as filed
Not audited by Astrelis
Financial anchor year: FY24. Margin and revenue are as filed for FY24. Balance-sheet measures (current ratio, equity financing, days in A/R) use FY23, the latest filing whose balance sheet reconciled as filed. Days cash on hand is FY23, 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 Bastrop, LA. It ran an operating surplus of 5.7% in FY24 on $9.8M of operating revenue. It held 7 days of cash on hand in FY23, its most recent reported liquidity (61st percentile among Psychiatric hospitals on liquidity). Only a single comparable reporting year is available, so trend context is limited.

Operating margin · FY24
+5.7%
vs Psychiatric hospitals51st pctl of 437 (FY24)
Days cash on hand · FY23
7d
all sources
vs Psychiatric hospitals61st pctl of 376 (FY24)
Total operating revenue · FY24
$9.8M
vs Psychiatric hospitals20th pctl of 509 (FY24)
Total margin · incl. nonoperating · FY24
+2.6%
vs Psychiatric hospitals36th pctl of 434 (FY24)
One point of operating margin at FREEDOM BEHAVIORAL HOSPITAL OF BASTROP is about $98K per year (1% of FY24 total operating revenue).

Where FREEDOM BEHAVIORAL HOSPITAL 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%FREEDOM BEHAVIORAL +5.689683417291231%-20%0%+20%Psychiatric hospital median +4.788257940327237%FREEDOM BEHAVIORAL +5.689683417291231%
One psychiatric hospitalFREEDOM BEHAVIORALPsychiatric 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
+5.7% (FY24)
Operating income ÷ total operating revenue
HCRIS WS G-3
Total margin
+2.6% (FY24)
Net income ÷ total revenue incl. nonoperating
HCRIS WS G-3
Days cash on hand
7d (FY23)
Cash, investments & board-designated reserves ÷ daily operating expense (excl. depreciation)
HCRIS WS G / G-3
Current ratio
5.89× (FY23)
Total current assets ÷ current liabilities
HCRIS WS G
Equity financing ratio
68% (FY23)
Total net assets ÷ total assets
HCRIS WS G
Days in net patient A/R
46d (FY23)
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
HCRIS WS G / G-3
$ in thousands
Line itemFY22FY23FY24
Patient revenue8,7329,0279,376
Other operating revenue391
Total operating revenue8,7329,0279,767
Total operating expenses8,8179,2799,211
Operating income(84)(251)556
Operating margin %-1.0%-2.8%+5.7%
Grants & contributions390939
Other non-operating, net00(300)
Net income306688256
Net income %+3.4%+6.9%+2.7%
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
FY24 net patient A/R is not shown: gross A/R was not reported on the filing, making the derived net figure spurious (AR quality flag).

How it operates

quality & operational context · CMS public reporting

A 42-bed hospital at 62% occupancy 48% 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
62.2%
Verified fact2024
HCRIS WS S-3
Average daily census
26.19
Verified fact2024
HCRIS WS S-3
Staffed beds (acute)
42
Verified fact2024
HCRIS WS S-3
Annual discharges
828
Verified fact2024
HCRIS WS S-3
Average length of stay
11.5d
Verified fact2024
HCRIS WS S-3
Outpatient share of patient revenue
47.6%
Verified fact2024
HCRIS WS G-2 L28
Total FTEs
83.30
Verified fact2024
HCRIS WS S-3 Pt II
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
+4.7%+3.3%-1.0%-2.8%+5.7%FY20FY21FY22FY23FY24
Days cash on hand
60 days7 days5 days7 daysFY20FY21FY22FY23FY24
FY24 days cash suppressed: out of display range.

The county this hospital serves

MOREHOUSE County, LA · metro, under 250K
Median household income
$37.0K
vs $82.1K US
Poverty rate
30.7%
vs 12.5% US
Uninsured
6.2%
vs 8.6% US
Age 65+
19.4%
vs 16.8% US
Fair or poor health
31.4%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 23.3% of county personal income is Medicare/Medicaid medical benefits; 44.0% arrives as government transfers (BEA, 2022).
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