Astrelis
Urban PPS hospital · Burlington, MA

LAHEY HOSPITAL & MEDICAL CENTER, BURLINGTON

CCN 220171MIDDLESEX CountyVoluntary non-profit - PrivateUrban (USDA RUCC)282 bedsLatest FY 2025
Cost-report basis
HCRIS · as filed
Not audited by Astrelis
The read

A hospital in Burlington, MA. It ran an operating surplus of 6.5% in FY25 on $1305.4M of operating revenue. It held 24 days of cash on hand (50th percentile among Urban PPS hospitals on liquidity). Operating margin improved from -2.5% in FY20 to 6.5% in FY25.

Operating margin · FY25
+6.5%
vs Urban PPS hospitals65th pctl of 1,475 (FY25)
Days cash on hand · FY25
24d
all sources
vs Urban PPS hospitals50th pctl of 1,386 (FY25)
Total operating revenue · FY25
$1.31B
vs Urban PPS hospitals91st pctl of 1,503 (FY25)
Total margin · incl. nonoperating · FY25
+9.4%
vs Urban PPS hospitals62nd pctl of 1,475 (FY25)
One point of operating margin at LAHEY HOSPITAL & MEDICAL CENTER, BURLINGTON is about $13.1M per year (1% of FY25 total operating revenue).

Where LAHEY 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%LAHEY HOSPITAL +6.541480396877793%-20%0%+20%Urban PPS hospital median +1.3311360264910879%LAHEY HOSPITAL +6.541480396877793%
One urban pps hospitalLAHEY 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
+6.5% (FY25)
Operating income ÷ total operating revenue
HCRIS WS G-3
Total margin
+9.4% (FY25)
Net income ÷ total revenue incl. nonoperating
HCRIS WS G-3
Days cash on hand
24d (FY25)
Cash, investments & board-designated reserves ÷ daily operating expense (excl. depreciation)
HCRIS WS G / G-3
Current ratio
0.04× (FY25)
Total current assets ÷ current liabilities
HCRIS WS G
Equity financing ratio
8% (FY25)
Total net assets ÷ total assets
HCRIS WS G
Days in net patient A/R
45d (FY25)
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
HCRIS WS G / G-3
$ in thousands
Line itemFY23FY24FY25
Patient revenue1,098,5651,161,8771,264,385
Other operating revenue26,42934,93441,025
Total operating revenue1,124,9931,196,8111,305,409
Total operating expenses1,082,6571,143,0501,220,016
Operating income42,33653,76185,393
Operating margin %+3.8%+4.5%+6.5%
Other non-operating, net19,38527,71541,284
Net income61,72181,476126,677
Net income %+5.4%+6.7%+9.4%
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 282-bed hospital at 100% occupancy 61% 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
100.0%
Verified fact2025
HCRIS WS S-3
Average daily census
282.77
Verified fact2025
HCRIS WS S-3
Staffed beds (acute)
282
Verified fact2025
HCRIS WS S-3
Annual discharges
22,622
Verified fact2025
HCRIS WS S-3
Average length of stay
4.5d
Verified fact2025
HCRIS WS S-3
Outpatient share of patient revenue
60.6%
Verified fact2025
HCRIS WS G-2 L28
Total FTEs
4,756
Verified fact2025
HCRIS WS S-3 Pt II
Contract labor share of labor cost
21.1%
Verified fact2025
HCRIS WS S-3 Pt V
Who it serves
Total unreimbursed & uncompensated care
$18.2M
Verified fact2023
HCRIS WS S-10 line 31
How the care measures up
C. difficile infection (SIR)
0.589
Better than the National Benchmark
CMS-reported measure07/01/2024 to 06/30/2025
CMS Care Compare
Hospital-wide unplanned readmission
15.6%
No Different 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)
1.088547
CMS-reported measure07/01/2022 to 06/30/2024
CMS Care Compare

Trajectory

Cost-report basis · 6 reporting years
Operating margin
-2.5%+1.2%-1.7%+3.8%+4.5%+6.5%FY20FY21FY22FY23FY24FY25
Days cash on hand
111 days91 days37 days21 days23 days24 daysFY20FY21FY22FY23FY24FY25

The county this hospital serves

MIDDLESEX County, MA
Median household income
$126.8K
vs $82.1K US · $59.7K rural median
Poverty rate
7.5%
vs 12.5% US · 14.3% rural median
Uninsured
2.4%
vs 8.6% US · 8.4% rural median
Age 65+
16.0%
vs 16.8% US · 20.6% rural median
Fair or poor health
13.0%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 4.2% of county personal income is Medicare/Medicaid medical benefits; 9.9% arrives as government transfers (BEA, 2022).

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