Astrelis
Psychiatric hospital · Devens, MA

TARAVISTA BEHAVIORAL HEALTH CENTER

CCN 224043MIDDLESEX CountyProprietaryUrban (USDA RUCC)122 bedsLatest FY 2024
Cost-report basis
HCRIS · as filed
Not audited by Astrelis
The read

A hospital in Devens, MA. It ran an operating surplus of 17.3% in FY24 on $48.3M of operating revenue. It held 20 days of cash on hand (70th percentile among Psychiatric hospitals on liquidity). Operating margin improved from -1.8% in FY20 to 17.3% in FY24.

Operating margin · FY24
+17.3%
9.3 pts vs FY23
vs Psychiatric hospitals75th pctl of 437 (FY24)
Days cash on hand · FY24
20d
all sources
5.3 days vs FY23
vs Psychiatric hospitals70th pctl of 376 (FY24)
Total operating revenue · FY24
$48.3M
2.4 $M vs FY23
vs Psychiatric hospitals82nd pctl of 509 (FY24)
Total margin · incl. nonoperating · FY24
+17.4%
8.0 pts vs FY23
vs Psychiatric hospitals74th pctl of 434 (FY24)
One point of operating margin at TARAVISTA BEHAVIORAL HEALTH CENTER is about $483K per year (1% of FY24 total operating revenue).

Where TARAVISTA BEHAVIORAL HEALTH sits among Psychiatric hospitals

Operating margin · FY24 pool · n = 437 of 610 filed

Each point is one Psychiatric 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 Psychiatric hospital median is +4.8%. Descriptive context only, not a ranking.

-20%-10%0%+10%+20%Psychiatric hospital median +4.788257940327237%TARAVISTA BEHAVIORAL +17.292043306125656%-20%0%+20%Psychiatric hospital median +4.788257940327237%TARAVISTA BEHAVIORAL +17.292043306125656%
One psychiatric hospitalTARAVISTA BEHAVIORALPsychiatric 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
+17.3% (FY24)
Operating income ÷ total operating revenue
HCRIS WS G-3
Total margin
+17.4% (FY24)
Net income ÷ total revenue incl. nonoperating
HCRIS WS G-3
Days cash on hand
20d (FY24)
Cash, investments & board-designated reserves ÷ daily operating expense (excl. depreciation)
HCRIS WS G / G-3
Current ratio
1.40× (FY24)
Total current assets ÷ current liabilities
HCRIS WS G
Equity financing ratio
15% (FY24)
Total net assets ÷ total assets
HCRIS WS G
Days in net patient A/R
75d (FY24)
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
HCRIS WS G / G-3
$ in thousands
Line itemFY22FY23FY24
Patient revenue35,30744,66344,713
Other operating revenue1,0471,3013,631
Total operating revenue36,35445,96448,344
Total operating expenses40,82742,28339,985
Operating income(4,473)3,6818,360
Operating margin %-12.3%+8.0%+17.3%
Other non-operating, net1,06163480
Net income(3,412)4,3158,440
Net income %-9.1%+9.3%+17.4%
HCRIS Worksheet G-3 / S-3 · $ thousands · FY20–FY24 · FY20–21 may include COVID-era relief funding in nonoperating income

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
Occupancy
94.4%
Verified fact2024
HCRIS WS S-3
Average daily census
115.52
Verified fact2024
HCRIS WS S-3
Staffed beds (acute)
122
Verified fact2024
HCRIS WS S-3
Annual discharges
4,456
Verified fact2024
HCRIS WS S-3
Average length of stay
9.5d
Verified fact2024
HCRIS WS S-3
How the care measures up
No public quality measures are reported for this facility in the current Care Compare refresh.

Trajectory

Cost-report basis · 5 reporting years
Operating margin
-1.8%-14.2%-12.3%+8.0%+17.3%FY20FY21FY22FY23FY24
Days cash on hand
83 days11 days6 days15 days20 daysFY20FY21FY22FY23FY24

The county this hospital serves

WORCESTER County, MA · metro, 250K–1M
Median household income
$93.6K
vs $82.1K US
Poverty rate
10.3%
vs 12.5% US
Uninsured
2.6%
vs 8.6% US
Age 65+
16.6%
vs 16.8% US
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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