A hospital in Hagerstown, MD. It ran an operating surplus of 1.7% in FY25 on $527.8M of operating revenue. It held 397 days of cash on hand (95th percentile among Urban PPS hospitals on liquidity). Operating margin declined from 11.4% in FY21 to 1.7% in FY25.
Operating margin · FY25
+1.7%
▼ 3.9 pts vs FY24
vs Urban PPS hospitals51st pctl of 1,475 (FY25)
Days cash on hand · FY25
397d
all sources
▼ 17.4 days vs FY24
vs Urban PPS hospitals95th pctl of 1,386 (FY25)
Total operating revenue · FY25
$527.8M
▲ 66.6 $M vs FY24
vs Urban PPS hospitals71st pctl of 1,503 (FY25)
Total margin · incl. nonoperating · FY25
+14.9%
▼ 4.1 pts vs FY24
vs Urban PPS hospitals77th pctl of 1,475 (FY25)
One point of operating margin at MERITUS MEDICAL CENTER is about $5.3M per year (1% of FY25 total operating revenue).
Where MERITUS MEDICAL CENTER sits among Urban PPS hospitals
Operating margin · FY25 pool · n = 1,475 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 +1.3%. Descriptive context only, not a ranking.
One urban pps hospitalMERITUS MEDICALUrban 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
FY23
FY24
FY25
Patient revenue
396,207
458,783
524,509
Other operating revenue
2,212
2,406
3,271
Total operating revenue
398,419
461,188
527,781
Total operating expenses
390,071
435,536
518,870
Operating income
8,348
25,653
8,911
Operating margin %
+2.1%
+5.6%
+1.7%
Grants & contributions
0
60
—
Investment income
26,034
39,486
30,339
Other non-operating, net
49,242
37,394
51,356
Net income
83,624
102,593
90,606
Net income %
+17.7%
+19.1%
+14.9%
HCRIS Worksheet G-3 / S-3 · $ thousands · FY21–FY25 · FY20–21 may include COVID-era relief funding in nonoperating income
How it operates
quality & operational context · CMS public reporting
A 212-bed hospital at 88% occupancy 57% 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
88.2%
Verified fact2025
HCRIS WS S-3
Average daily census
187.55
Verified fact2025
HCRIS WS S-3
Staffed beds (acute)
212
Verified fact2025
HCRIS WS S-3
Annual discharges
16,831
Verified fact2025
HCRIS WS S-3
Average length of stay
4.1d
Verified fact2025
HCRIS WS S-3
Outpatient share of patient revenue
57.2%
Verified fact2025
HCRIS WS G-2 L28
Total FTEs
2,133
Verified fact2025
HCRIS WS S-3 Pt II
Contract labor share of labor cost
18.0%
Verified fact2025
HCRIS WS S-3 Pt V
How the care measures up
C. difficile infection (SIR)
0.196
Better than the National Benchmark
CMS-reported measure07/01/2024 to 06/30/2025
CMS Care Compare
Hospital-wide unplanned readmission
15.9%
No Different Than the National Rate
CMS-reported measure07/01/2023 to 06/30/2024
CMS Care Compare
Medicare spending per beneficiary
Results are not available for this reporting period.
CMS-reported measure01/01/2024 to 12/31/2024
CMS Care Compare
Patient-safety composite (PSI-90)
0.817449
CMS-reported measure07/01/2022 to 06/30/2024
CMS Care Compare
Trajectory
Cost-report basis · 5 reporting years
Operating margin
Days cash on hand
The county this hospital serves
WASHINGTON County, MD
Median household income
$74.2K
vs $82.1K US · $59.7K rural median
Poverty rate
12.5%
vs 12.5% US · 14.3% rural median
Uninsured
6.1%
vs 8.6% US · 8.4% rural median
Age 65+
17.8%
vs 16.8% US · 20.6% rural median
Fair or poor health
19.4%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 11.4% of county personal income is Medicare/Medicaid medical benefits; 24.3% arrives as government transfers (BEA, 2022).
The Board Briefing$1,000
The free profile shows the record. The Board Briefing tells you what changed, what matters, and what your board should ask. 35+ pages, built entirely from public sources, no client data required. Delivered within 2 business days. If we cannot deliver the published scope for your facility, you pay nothing.
Every facility in your portfolio, benchmarked and triaged: which are fine, which need a closer look, which need attention now. Requires only a CCN roster. Founding Edition: delivered within 30 days of eligibility confirmation, full refund if the published scope cannot be delivered.
