A hospital in Baltimore, MD. It ran an operating loss of 33.1% in FY25 on $308.9M of operating revenue. It held 25 days of cash on hand (27th percentile among Children's hospitals on liquidity). Operating margin declined from -17.5% in FY21 to -33.1% in FY25, though it rose 1.7 points in the most recent year. Including nonoperating items, the all-in result was positive at 0.8%.
Operating margin · FY25
-33.1%
▲ 1.7 pts vs FY24
vs Children's hospitals5th pctl of 38 (FY25)
Days cash on hand · FY25
25d
all sources
▲ 1.7 days vs FY24
vs Children's hospitals27th pctl of 37 (FY25)
Total operating revenue · FY25
$308.9M
▲ 26.7 $M vs FY24
vs Children's hospitals22nd pctl of 41 (FY25)
Total margin · incl. nonoperating · FY25
+0.8%
▼ 0.8 pts vs FY24
vs Children's hospitals16th pctl of 38 (FY25)
One point of operating margin at KENNEDY KRIEGER INSTITUTE is about $3.1M per year (1% of FY25 total operating revenue).
Where KENNEDY KRIEGER INSTITUTE sits among Children's hospitals
Operating margin · FY25 pool · n = 38 of 73 filed
Each point is one Children's 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 Children's hospital median is +3.6%. Descriptive context only, not a ranking.
One children's hospitalKENNEDY KRIEGERChildren's 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
203,488
225,694
247,569
Other operating revenue
50,796
56,523
61,358
Total operating revenue
254,284
282,217
308,927
Total operating expenses
337,351
380,512
411,137
Operating income
(83,067)
(98,295)
(102,210)
Operating margin %
-32.7%
-34.8%
-33.1%
Other non-operating, net
86,010
104,651
105,656
Net income
2,943
6,356
3,446
Net income %
+0.9%
+1.6%
+0.8%
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 50-bed hospital at 63% occupancy 76% 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
63.3%
Verified fact2025
HCRIS WS S-3
Average daily census
31.71
Verified fact2025
HCRIS WS S-3
Staffed beds (acute)
50
Verified fact2025
HCRIS WS S-3
Annual discharges
298
Verified fact2025
HCRIS WS S-3
Average length of stay
38.7d
Verified fact2025
HCRIS WS S-3
Outpatient share of patient revenue
76.2%
Verified fact2025
HCRIS WS G-2 L28
How the care measures up
C. difficile infection (SIR)
Data are shown only for hospitals that participate in the Inpatient Quality Reporting (IQR) and Outpatient Quality Reporting (OQR) programs.
CMS-reported measure07/01/2024 to 06/30/2025
CMS Care Compare
Hospital-wide unplanned readmission
Data are shown only for hospitals that participate in the Inpatient Quality Reporting (IQR) and Outpatient Quality Reporting (OQR) programs.
CMS-reported measure07/01/2023 to 06/30/2024
CMS Care Compare
Medicare spending per beneficiary
Data are shown only for hospitals that participate in the Inpatient Quality Reporting (IQR) and Outpatient Quality Reporting (OQR) programs.
CMS-reported measure01/01/2024 to 12/31/2024
CMS Care Compare
Patient-safety composite (PSI-90)
Data are shown only for hospitals that participate in the Inpatient Quality Reporting (IQR) and Outpatient Quality Reporting (OQR) programs.
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
BALTIMORE County, MD
Median household income
$59.6K
vs $82.1K US
Poverty rate
20.1%
vs 12.5% US
Uninsured
5.8%
vs 8.6% US
Age 65+
14.9%
vs 16.8% US
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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