Astrelis
Psychiatric hospital · Monroe, LA

FREEDOM BEHAVIORAL HOSPITAL OF MONROE

CCN 194087ProprietaryUrban (USDA RUCC)42 bedsLatest FY 2024
Cost-report basis
HCRIS · as filed
Not audited by Astrelis
The read

A hospital in Monroe, LA. It ran an operating surplus of 11.0% in FY24 on $8.7M of operating revenue. It held 25 days of cash on hand (72nd percentile among Psychiatric hospitals on liquidity). Only a single comparable reporting year is available, so trend context is limited.

Operating margin · FY24
+11.0%
3.2 pts vs FY23
vs Psychiatric hospitals64th pctl of 437 (FY24)
Days cash on hand · FY24
25d
all sources
8.4 days vs FY23
vs Psychiatric hospitals72nd pctl of 376 (FY24)
Total operating revenue · FY24
$8.7M
0.4 $M vs FY23
vs Psychiatric hospitals18th pctl of 509 (FY24)
Total margin · incl. nonoperating · FY24
+11.0%
3.2 pts vs FY23
vs Psychiatric hospitals60th pctl of 434 (FY24)
One point of operating margin at FREEDOM BEHAVIORAL HOSPITAL OF MONROE is about $87K 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 +11.02382912550311%-20%0%+20%Psychiatric hospital median +4.788257940327237%FREEDOM BEHAVIORAL +11.02382912550311%
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
+11.0% (FY24)
Operating income ÷ total operating revenue
HCRIS WS G-3
Total margin
+11.0% (FY24)
Net income ÷ total revenue incl. nonoperating
HCRIS WS G-3
Days cash on hand
25d (FY24)
Cash, investments & board-designated reserves ÷ daily operating expense (excl. depreciation)
HCRIS WS G / G-3
Current ratio
7.66× (FY24)
Total current assets ÷ current liabilities
HCRIS WS G
Equity financing ratio
78% (FY24)
Total net assets ÷ total assets
HCRIS WS G
Days in net patient A/R
72d (FY24)
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
HCRIS WS G / G-3
$ in thousands
Line itemFY22FY23FY24
Patient revenue5,2238,3068,742
Other operating revenue64683
Total operating revenue5,2888,3748,746
Total operating expenses5,6547,1817,782
Operating income(367)1,193964
Operating margin %-6.9%+14.2%+11.0%
Other non-operating, net1,04300
Net income6761,193964
Net income %+10.7%+14.2%+11.0%
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 42-bed hospital at 53% occupancy 15% 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
53.2%
Verified fact2024
HCRIS WS S-3
Average daily census
22.39
Verified fact2024
HCRIS WS S-3
Staffed beds (acute)
42
Verified fact2024
HCRIS WS S-3
Annual discharges
981
Verified fact2024
HCRIS WS S-3
Average length of stay
8.3d
Verified fact2024
HCRIS WS S-3
Outpatient share of patient revenue
15.0%
Verified fact2024
HCRIS WS G-2 L28
Total FTEs
74.80
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
-40.9%-44.2%-6.9%+14.2%+11.0%FY20FY21FY22FY23FY24
Days cash on hand
56 days100 days6 days16 days25 daysFY20FY21FY22FY23FY24

The county this hospital serves

OUACHITA County, LA · metro, under 250K
Median household income
$51.2K
vs $82.1K US
Poverty rate
24.0%
vs 12.5% US
Uninsured
8.1%
vs 8.6% US
Age 65+
15.5%
vs 16.8% US
Fair or poor health
24.0%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 14.8% of county personal income is Medicare/Medicaid medical benefits; 29.8% arrives as government transfers (BEA, 2022).
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