Astrelis
Urban PPS hospital · Baltimore, MD

MEDSTAR HARBOR HOSPITAL

CCN 210034Voluntary non-profit - Private111 bedsLatest FY 2025
Cost-report basis
HCRIS · as filed
Not audited by Astrelis
The read

A hospital in Baltimore, MD. It ran an operating loss of 13.1% in FY25 on $196.8M of operating revenue. It held 1 day of cash on hand (25th percentile among Urban PPS hospitals on liquidity). Operating margin declined from -10.0% in FY21 to -13.1% in FY25.

Operating margin · FY25
-13.1%
0.6 pts vs FY24
vs Urban PPS hospitals17th pctl of 1,475 (FY25)
Days cash on hand · FY25
1d
all sources
0.1 days vs FY24
vs Urban PPS hospitals25th pctl of 1,386 (FY25)
Total operating revenue · FY25
$196.8M
6.8 $M vs FY24
vs Urban PPS hospitals39th pctl of 1,503 (FY25)
Total margin · incl. nonoperating · FY25
-1.4%
0.3 pts vs FY24
vs Urban PPS hospitals23rd pctl of 1,475 (FY25)
One point of operating margin at MEDSTAR HARBOR HOSPITAL is about $2.0M per year (1% of FY25 total operating revenue).

Where MEDSTAR HARBOR HOSPITAL 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.

-20%-10%0%+10%+20%Urban PPS hospital median +1.3311360264910879%MEDSTAR HARBOR -13.125222592935252%-20%0%+20%Urban PPS hospital median +1.3311360264910879%MEDSTAR HARBOR -13.125222592935252%
One urban pps hospitalMEDSTAR HARBORUrban 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.

Operating margin
-13.1% (FY25)
Operating income ÷ total operating revenue
HCRIS WS G-3
Total margin
-1.4% (FY25)
Net income ÷ total revenue incl. nonoperating
HCRIS WS G-3
Days cash on hand
1d (FY25)
Cash, investments & board-designated reserves ÷ daily operating expense (excl. depreciation)
HCRIS WS G / G-3
Current ratio
1.43× (FY25)
Total current assets ÷ current liabilities
HCRIS WS G
Equity financing ratio
63% (FY25)
Total net assets ÷ total assets
HCRIS WS G
Days in net patient A/R
54d (FY25)
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
HCRIS WS G / G-3
$ in thousands
Line itemFY23FY24FY25
Patient revenue178,328189,926196,677
Other operating revenue12,83168151
Total operating revenue191,159189,994196,828
Total operating expenses202,123213,763222,662
Operating income(10,963)(23,769)(25,834)
Operating margin %-5.7%-12.5%-13.1%
Grants & contributions2682824,837
Investment income19158
Other non-operating, net4,39719,72117,835
Net income(6,279)(3,751)(3,154)
Net income %-3.2%-1.8%-1.4%
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 111-bed hospital at 76% occupancy 37% 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
76.0%
Verified fact2025
HCRIS WS S-3
Average daily census
84.60
Verified fact2025
HCRIS WS S-3
Staffed beds (acute)
111
Verified fact2025
HCRIS WS S-3
Annual discharges
6,690
Verified fact2025
HCRIS WS S-3
Average length of stay
4.6d
Verified fact2025
HCRIS WS S-3
Outpatient share of patient revenue
37.2%
Verified fact2025
HCRIS WS G-2 L28
Total FTEs
1,012
Verified fact2025
HCRIS WS S-3 Pt II
Contract labor share of labor cost
18.9%
Verified fact2025
HCRIS WS S-3 Pt V
How the care measures up
C. difficile infection (SIR)
0
Better than the National Benchmark
CMS-reported measure07/01/2024 to 06/30/2025
CMS Care Compare
Hospital-wide unplanned readmission
13.7%
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)
0.869833
CMS-reported measure07/01/2022 to 06/30/2024
CMS Care Compare

Trajectory

Cost-report basis · 5 reporting years
Operating margin
-10.0%-11.9%-5.7%-12.5%-13.1%FY21FY22FY23FY24FY25
Days cash on hand
1 day2 days1 day0 days1 dayFY21FY22FY23FY24FY25

The county this hospital serves

Location, MD
Median household income
$59.6K
vs $82.1K US · $59.7K rural median
Poverty rate
20.1%
vs 12.5% US · 14.3% rural median
Uninsured
5.8%
vs 8.6% US · 8.4% rural median
Age 65+
14.9%
vs 16.8% US · 20.6% rural median
Fair or poor health
22.8%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 19.3% of county personal income is Medicare/Medicaid medical benefits; 31.3% arrives as government transfers (BEA, 2022).

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