A hospital in Trenton, MI. It ran an operating surplus of 0.5% in FY25 on $220.4M of operating revenue. It held 333 days of cash on hand (93rd percentile among Urban PPS hospitals on liquidity). Operating margin declined from 9.6% in FY21 to 0.5% in FY25.
Operating margin · FY25
+0.5%
vs Urban PPS hospitals47th pctl of 1,475 (FY25)
Days cash on hand · FY25
333d
all sources
vs Urban PPS hospitals93rd pctl of 1,386 (FY25)
Total operating revenue · FY25
$220.4M
vs Urban PPS hospitals43rd pctl of 1,503 (FY25)
Total margin · incl. nonoperating · FY25
+1.1%
vs Urban PPS hospitals31st pctl of 1,475 (FY25)
One point of operating margin at COREWELL HEALTH TRENTON HOSPITAL is about $2.2M per year (1% of FY25 total operating revenue).
Where COREWELL HEALTH TRENTON 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 hospitalCOREWELL HEALTHUrban 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
204,491
248,660
220,367
Other operating revenue
(16)
363
41
Total operating revenue
204,475
249,024
220,409
Total operating expenses
197,440
215,469
219,355
Operating income
7,035
33,554
1,054
Operating margin %
+3.4%
+13.5%
+0.5%
Grants & contributions
—
—
95
Investment income
897
—
—
Other non-operating, net
927
1,081
1,250
Net income
8,859
34,635
2,399
Net income %
+4.3%
+13.8%
+1.1%
HCRIS Worksheet G-3 / S-3 · $ thousands · FY21–FY25 · FY20–21 may include COVID-era relief funding in nonoperating income
How it operates
quality & operational context · CMS public reporting
A 165-bed hospital at 55% occupancy 57% 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
55.3%
Verified fact2025
HCRIS WS S-3
Average daily census
91.57
Verified fact2025
HCRIS WS S-3
Staffed beds (acute)
165
Verified fact2025
HCRIS WS S-3
Annual discharges
9,464
Verified fact2025
HCRIS WS S-3
Average length of stay
3.5d
Verified fact2025
HCRIS WS S-3
Outpatient share of patient revenue
57.3%
Verified fact2025
HCRIS WS G-2 L28
Total FTEs
901.90
Verified fact2025
HCRIS WS S-3 Pt II
Contract labor share of labor cost
21.8%
Verified fact2025
HCRIS WS S-3 Pt V
How the care measures up
C. difficile infection (SIR)
0.493
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
1.01
CMS-reported measure01/01/2024 to 12/31/2024
CMS Care Compare
Patient-safety composite (PSI-90)
0.953694
CMS-reported measure07/01/2022 to 06/30/2024
CMS Care Compare
Trajectory
Cost-report basis · 5 reporting years
Operating margin
Days cash on hand
The county this hospital serves
WAYNE County, MI
Median household income
$59.5K
vs $82.1K US · $59.7K rural median
Poverty rate
20.1%
vs 12.5% US · 14.3% rural median
Uninsured
5.7%
vs 8.6% US · 8.4% rural median
Age 65+
16.1%
vs 16.8% US · 20.6% rural median
Fair or poor health
24.3%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 13.5% of county personal income is Medicare/Medicaid medical benefits; 27.6% arrives as government transfers (BEA, 2022).
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