A hospital in Milford, MA. It ran an operating surplus of 17.0% in FY25 on $348.9M of operating revenue. It held 63 days of cash on hand (63rd percentile among Urban PPS hospitals on liquidity). Operating margin improved from -6.4% in FY20 to 17.0% in FY25.
Operating margin · FY25
+17.0%
vs Urban PPS hospitals87th pctl of 1,475 (FY25)
Days cash on hand · FY25
63d
all sources
vs Urban PPS hospitals63rd pctl of 1,386 (FY25)
Total operating revenue · FY25
$348.9M
vs Urban PPS hospitals58th pctl of 1,503 (FY25)
Total margin · incl. nonoperating · FY25
+18.0%
vs Urban PPS hospitals83rd pctl of 1,475 (FY25)
One point of operating margin at MILFORD REGIONAL MEDICAL CENTER is about $3.5M per year (1% of FY25 total operating revenue).
Where MILFORD REGIONAL MEDICAL 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 hospitalMILFORD REGIONALUrban 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
277,208
277,681
281,455
Other operating revenue
—
16,019
67,481
Total operating revenue
277,208
293,701
348,936
Total operating expenses
294,602
301,550
289,572
Operating income
(17,394)
(7,849)
59,364
Operating margin %
-6.3%
-2.7%
+17.0%
Grants & contributions
—
—
548
Investment income
729
1,040
2,340
Other non-operating, net
10,287
2,359
1,499
Net income
(6,378)
(4,450)
63,751
Net income %
-2.2%
-1.5%
+18.0%
HCRIS Worksheet G-3 / S-3 · $ thousands · FY20–FY25 · where other operating income is not reported, total operating revenue reflects net patient revenue alone · FY20–21 may include COVID-era relief funding in nonoperating income
How it operates
quality & operational context · CMS public reporting
A 138-bed hospital at 55% occupancy 75% 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
55.4%
Verified fact2025
HCRIS WS S-3
Average daily census
76.68
Verified fact2025
HCRIS WS S-3
Staffed beds (acute)
138
Verified fact2025
HCRIS WS S-3
Annual discharges
8,671
Verified fact2025
HCRIS WS S-3
Average length of stay
3.2d
Verified fact2025
HCRIS WS S-3
Outpatient share of patient revenue
75.5%
Verified fact2025
HCRIS WS G-2 L28
Total FTEs
1,255
Verified fact2025
HCRIS WS S-3 Pt II
Contract labor share of labor cost
22.4%
Verified fact2025
HCRIS WS S-3 Pt V
Who it serves
Total unreimbursed & uncompensated care
$6.0M
Verified fact2023
HCRIS WS S-10 line 31
How the care measures up
C. difficile infection (SIR)
0.571
Better than the National Benchmark
CMS-reported measure07/01/2024 to 06/30/2025
CMS Care Compare
Hospital-wide unplanned readmission
17.2%
Worse Than the National Rate
CMS-reported measure07/01/2023 to 06/30/2024
CMS Care Compare
Medicare spending per beneficiary
0.97
CMS-reported measure01/01/2024 to 12/31/2024
CMS Care Compare
Patient-safety composite (PSI-90)
0.828148
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
WORCESTER County, MA
Median household income
$93.6K
vs $82.1K US · $59.7K rural median
Poverty rate
10.3%
vs 12.5% US · 14.3% rural median
Uninsured
2.6%
vs 8.6% US · 8.4% rural median
Age 65+
16.6%
vs 16.8% US · 20.6% rural median
Fair or poor health
17.4%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 8.4% of county personal income is Medicare/Medicaid medical benefits; 18.6% arrives as government transfers (BEA, 2022).
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