A hospital in Beverly, MA. It ran an operating loss of 13.2% in FY25 on $532.7M of operating revenue. It held 179 days of cash on hand (82nd percentile among Urban PPS hospitals on liquidity). Operating margin declined from 4.0% in FY20 to -13.2% in FY25. Including nonoperating items, the all-in result was positive at 14.4%.
Operating margin · FY25
-13.2%
vs Urban PPS hospitals17th pctl of 1,475 (FY25)
Days cash on hand · FY25
179d
all sources
vs Urban PPS hospitals82nd pctl of 1,386 (FY25)
Total operating revenue · FY25
$532.7M
vs Urban PPS hospitals72nd pctl of 1,503 (FY25)
Total margin · incl. nonoperating · FY25
+14.4%
vs Urban PPS hospitals75th pctl of 1,475 (FY25)
One point of operating margin at NORTHEAST HOSPITAL CORPORATION is about $5.3M per year (1% of FY25 total operating revenue).
Where NORTHEAST HOSPITAL CORPORATION 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 hospitalNORTHEAST HOSPITALUrban 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
445,635
436,838
459,160
Other operating revenue
2,411
2,420
73,508
Total operating revenue
448,046
439,258
532,668
Total operating expenses
441,128
494,454
602,810
Operating income
6,918
(55,196)
(70,141)
Operating margin %
+1.5%
-12.6%
-13.2%
Investment income
—
—
4,107
Other non-operating, net
27,158
90,423
167,231
Net income
34,076
35,227
101,197
Net income %
+7.2%
+6.7%
+14.4%
HCRIS Worksheet G-3 / S-3 · $ thousands · FY20–FY25 · FY20–21 may include COVID-era relief funding in nonoperating income
How it operates
quality & operational context · CMS public reporting
A 317-bed hospital at 68% occupancy 65% 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
67.7%
Verified fact2025
HCRIS WS S-3
Average daily census
215.10
Verified fact2025
HCRIS WS S-3
Staffed beds (acute)
317
Verified fact2025
HCRIS WS S-3
Annual discharges
19,059
Verified fact2025
HCRIS WS S-3
Average length of stay
4.1d
Verified fact2025
HCRIS WS S-3
Outpatient share of patient revenue
65.3%
Verified fact2025
HCRIS WS G-2 L28
Total FTEs
1,688
Verified fact2025
HCRIS WS S-3 Pt II
Contract labor share of labor cost
20.4%
Verified fact2025
HCRIS WS S-3 Pt V
Who it serves
Total unreimbursed & uncompensated care
$4.7M
Verified fact2023
HCRIS WS S-10 line 31
How the care measures up
C. difficile infection (SIR)
0.655
No Different than National Benchmark
CMS-reported measure07/01/2024 to 06/30/2025
CMS Care Compare
Hospital-wide unplanned readmission
15.8%
No Different Than the National Rate
CMS-reported measure07/01/2023 to 06/30/2024
CMS Care Compare
Medicare spending per beneficiary
0.98
CMS-reported measure01/01/2024 to 12/31/2024
CMS Care Compare
Patient-safety composite (PSI-90)
1.181699
CMS-reported measure07/01/2022 to 06/30/2024
CMS Care Compare
Trajectory
Cost-report basis · 6 reporting years
Operating margin
Days cash on hand
The county this hospital serves
ESSEX County, MA · metro, 1M+ population
Median household income
$99.4K
vs $82.1K US · $59.7K rural median
Poverty rate
9.4%
vs 12.5% US · 14.3% rural median
Uninsured
2.8%
vs 8.6% US · 8.4% rural median
Age 65+
18.0%
vs 16.8% US · 20.6% rural median
Fair or poor health
16.9%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 7.6% of county personal income is Medicare/Medicaid medical benefits; 16.4% arrives as government transfers (BEA, 2022).
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