Astrelis
Urban PPS hospital · Norwood, MA

NORWOOD HOSPITAL

CCN 220126NORFOLK CountyProprietaryUrban (USDA RUCC)Latest FY 2024
Historical record. CMS lists this CCN as terminated (voluntary - merger/closure). No successor CCN is recorded. The financials below are the historical results reported under this number and are excluded from current peer comparisons and state counts.
Cost-report basis
HCRIS · as filed
Not audited by Astrelis
The read

A hospital in Norwood, MA. It ran an operating loss of 88.0% in FY24 on $12.9M of operating revenue. It held 463 days of cash on hand. Only a single comparable reporting year is available, so trend context is limited. Including nonoperating items, the all-in result was positive at 72.8%.

Operating margin · FY24
-88.0%
vs Urban PPS hospitals
Days cash on hand · FY24
463d
all sources
vs Urban PPS hospitals
Total operating revenue · FY24
$12.9M
vs Urban PPS hospitals
Total margin · incl. nonoperating · FY24
+72.8%
vs Urban PPS hospitals
One point of operating margin at NORWOOD HOSPITAL is about $129K per year (1% of FY24 total operating revenue).

Where NORWOOD 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%NORWOOD HOSPITAL -88.0461755073783%-20%0%+20%Urban PPS hospital median +1.3311360264910879%NORWOOD HOSPITAL -88.0461755073783%
One urban pps hospitalNORWOOD 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.

Operating margin
-88.0% (FY24)
Operating income ÷ total operating revenue
HCRIS WS G-3
Total margin
+72.8% (FY24)
Net income ÷ total revenue incl. nonoperating
HCRIS WS G-3
Days cash on hand
463d (FY24)
Cash, investments & board-designated reserves ÷ daily operating expense (excl. depreciation)
HCRIS WS G / G-3
Current ratio
Not shown, balance sheet did not reconcile as filed
Total current assets ÷ current liabilities
HCRIS WS G
Equity financing ratio
Not shown, balance sheet did not reconcile as filed
Total net assets ÷ total assets
HCRIS WS G
Days in net patient A/R
Not shown, balance sheet did not reconcile as filed
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
HCRIS WS G / G-3
$ in thousands
Line itemFY22FY23FY24
Patient revenue20,92216,52312,789
Other operating revenue3204466
Total operating revenue21,24216,56612,855
Total operating expenses18,10932,07824,174
Operating income3,133(15,512)(11,319)
Operating margin %+14.7%-93.6%-88.1%
Other non-operating, net34,87466,99976,064
Net income38,00751,48764,745
Net income %+67.7%+61.6%+72.8%
HCRIS Worksheet G-3 / S-3 · $ thousands · FY20–FY24 · FY20–21 may include COVID-era relief funding in nonoperating income
FY21 operating and total margins are not shown: they compute from near-zero net patient revenue, so the ratio is not meaningful (display gate; statement values unchanged).

How it operates

quality & operational context · CMS public reporting

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
Outpatient share of patient revenue
100.0%
Verified fact2024
HCRIS WS G-2 L28
Total FTEs
51.70
Verified fact2024
HCRIS WS S-3 Pt II
Contract labor share of labor cost
36.1%
Verified fact2024
HCRIS WS S-3 Pt V
Who it serves
Total unreimbursed & uncompensated care
$6.1M
Verified fact2023
HCRIS WS S-10 line 31
How the care measures up
C. difficile infection (SIR)
Results are not available for this reporting period.
CMS-reported measure07/01/2024 to 06/30/2025
CMS Care Compare
Hospital-wide unplanned readmission
Results are not available for this reporting period.
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)
Results are not available for this reporting period.
CMS-reported measure07/01/2022 to 06/30/2024
CMS Care Compare

Trajectory

Cost-report basis · 5 reporting years
Operating margin
-16.7%+14.7%-93.6%-88.0%FY20FY21FY22FY23FY24
Days cash on hand
67 days134 days887 days335 days463 daysFY20FY21FY22FY23FY24

The county this hospital serves

NORFOLK County, MA · metro, 1M+ population
Median household income
$126.5K
vs $82.1K US · $59.7K rural median
Poverty rate
6.6%
vs 12.5% US · 14.3% rural median
Uninsured
1.9%
vs 8.6% US · 8.4% rural median
Age 65+
17.4%
vs 16.8% US · 20.6% rural median
Fair or poor health
13.3%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 3.9% of county personal income is Medicare/Medicaid medical benefits; 9.5% arrives as government transfers (BEA, 2022).

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