Astrelis
Psychiatric hospital · Caro, MI

CARO PSYCHIATRIC HOSPITAL

CCN 234025TUSCOLA CountyGovernment - StateRural (USDA RUCC)100 bedsLatest FY 2025
Cost-report basis
HCRIS · as filed
Not audited by Astrelis
The read

A hospital in Caro, MI. It ran an operating surplus of 2.9% in FY25 on $66.9M of operating revenue. It held 0 days of cash on hand (0th percentile among Psychiatric hospitals on liquidity). Only a single comparable reporting year is available, so trend context is limited.

Operating margin · FY25
+2.9%
vs Psychiatric hospitals45th pctl of 437 (FY24)
Days cash on hand · FY25
0d
all sources
vs Psychiatric hospitals0th pctl of 376 (FY24)
Total operating revenue · FY25
$66.9M
vs Psychiatric hospitals91st pctl of 509 (FY24)
Total margin · incl. nonoperating
Not available
vs Psychiatric hospitals
This facility's newest settled year, FY25, has not yet reached pool validity: benchmarked against the FY24 pool (n=437).
One point of operating margin at CARO PSYCHIATRIC HOSPITAL is about $669K per year (1% of FY25 total operating revenue).

Where CARO PSYCHIATRIC HOSPITAL 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.

This facility's newest settled year, FY25, has not yet reached pool validity: benchmarked against the FY24 pool (n=437).
-20%-10%0%+10%+20%Psychiatric hospital median +4.788257940327237%CARO PSYCHIATRIC +2.862123509061498%-20%0%+20%Psychiatric hospital median +4.788257940327237%CARO PSYCHIATRIC +2.862123509061498%
One psychiatric hospitalCARO PSYCHIATRICPsychiatric 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
+2.9% (FY25)
Operating income ÷ total operating revenue
HCRIS WS G-3
Total margin
Not reported in this filing
Net income ÷ total revenue incl. nonoperating
HCRIS WS G-3
Days cash on hand
0d (FY25)
Cash, investments & board-designated reserves ÷ daily operating expense (excl. depreciation)
HCRIS WS G / G-3
Current ratio
Not reported in this filing
Total current assets ÷ current liabilities
HCRIS WS G
Equity financing ratio
100% (FY25)
Total net assets ÷ total assets
HCRIS WS G
Days in net patient A/R
Not shown, outside plausibility bounds
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
HCRIS WS G / G-3
$ in thousands
Line itemFY23FY24FY25
Cash & equivalents000
Accounts receivable000
Other current assets000
Total current assets000
Investments000
Net property, plant & equipment12,8327060
Other assets000
Total assets12,8327060
Current portion of long-term debt000
Other current liabilities000
Total current liabilities000
Long-term debt, net of current portion000
Other liabilities000
Total liabilities000
Total net assets12,8327060
Total liabilities & net assets12,8327060
HCRIS Worksheet G · $ thousands · FY20–FY25
FY20, FY21, FY22, FY24 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
Occupancy
97.4%
Verified fact2025
HCRIS WS S-3
Average daily census
97.67
Verified fact2025
HCRIS WS S-3
Staffed beds (acute)
100
Verified fact2025
HCRIS WS S-3
Annual discharges
80
Verified fact2025
HCRIS WS S-3
Average length of stay
444.4d
Verified fact2025
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 · 6 reporting years
Operating margin
-5.5%+2.9%FY20FY21FY22FY23FY24FY25
Days cash on hand
0 days0 days0 days0 days0 days0 daysFY20FY21FY22FY23FY24FY25

The county this hospital serves

TUSCOLA County, MI · nonmetro, urban 5–20K, metro-adjacent
Median household income
$62.8K
vs $82.1K US
Poverty rate
12.6%
vs 12.5% US
Uninsured
4.8%
vs 8.6% US
Age 65+
21.5%
vs 16.8% US
Fair or poor health
21.7%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 15.2% of county personal income is Medicare/Medicaid medical benefits; 33.9% arrives as government transfers (BEA, 2022).
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