A hospital in Worcester, MA. It ran an operating surplus of 14.6% in FY24 on $39.7M of operating revenue. It held 31 days of cash on hand (74th percentile among Psychiatric hospitals on liquidity). Operating margin improved from 5.5% in FY20 to 14.6% in FY24.
Operating margin · FY24
+14.6%
▲ 4.8 pts vs FY23
vs Psychiatric hospitals70th pctl of 437 (FY24)
Days cash on hand · FY24
31d
all sources
▼ 65.1 days vs FY23
vs Psychiatric hospitals74th pctl of 376 (FY24)
Total operating revenue · FY24
$39.7M
▲ 4.3 $M vs FY23
vs Psychiatric hospitals72nd pctl of 509 (FY24)
Total margin · incl. nonoperating · FY24
+15.1%
▲ 0.7 pts vs FY23
vs Psychiatric hospitals68th pctl of 434 (FY24)
One point of operating margin at HOSPITAL FOR BEHAVIORAL MEDICINE is about $397K per year (1% of FY24 total operating revenue).
Where HOSPITAL FOR BEHAVIORAL 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.
One psychiatric hospitalHOSPITAL FORPsychiatric 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
FY22
FY23
FY24
Patient revenue
28,743
35,049
39,316
Other operating revenue
352
359
366
Total operating revenue
29,095
35,408
39,682
Total operating expenses
32,281
31,952
33,907
Operating income
(3,187)
3,456
5,774
Operating margin %
-11.0%
+9.8%
+14.6%
Investment income
6
127
228
Other non-operating, net
674
1,812
72
Net income
(2,507)
5,395
6,074
Net income %
-8.4%
+14.4%
+15.2%
HCRIS Worksheet G-3 / S-3 · $ thousands · FY20–FY24 · 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 120-bed hospital at 83% occupancy 3% 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
82.8%
Verified fact2024
HCRIS WS S-3
Average daily census
99.68
Verified fact2024
HCRIS WS S-3
Staffed beds (acute)
120
Verified fact2024
HCRIS WS S-3
Annual discharges
2,449
Verified fact2024
HCRIS WS S-3
Average length of stay
14.9d
Verified fact2024
HCRIS WS S-3
Outpatient share of patient revenue
3.0%
Verified fact2024
HCRIS WS G-2 L28
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
Days cash on hand
The county this hospital serves
WORCESTER County, MA
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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