Astrelis
Urban PPS hospital · Willmar, MN

CENTRACARE- RICE MEMORIAL HOSPITAL

CCN 240088KANDIYOHI CountyGovernment - Local73 bedsLatest FY 2025
Cost-report basis
HCRIS · as filed
Not audited by Astrelis
The read

A hospital in Willmar, MN. It ran an operating surplus of 3.2% in FY25 on $149.4M of operating revenue. It held 19 days of cash on hand (47th percentile among Urban PPS hospitals on liquidity). Operating margin improved from 1.5% in FY21 to 3.2% in FY25.

Operating margin · FY25
+3.2%
0.7 pts vs FY24
vs Urban PPS hospitals56th pctl of 1,475 (FY25)
Days cash on hand · FY25
19d
all sources
1.4 days vs FY24
vs Urban PPS hospitals47th pctl of 1,386 (FY25)
Total operating revenue · FY25
$149.4M
0.2 $M vs FY24
vs Urban PPS hospitals30th pctl of 1,503 (FY25)
Total margin · incl. nonoperating · FY25
+4.4%
0.7 pts vs FY24
vs Urban PPS hospitals43rd pctl of 1,475 (FY25)
One point of operating margin at CENTRACARE- RICE MEMORIAL HOSPITAL is about $1.5M per year (1% of FY25 total operating revenue).

Where CENTRACARE- RICE MEMORIAL 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%CENTRACARE- RICE +3.1835342604558963%-20%0%+20%Urban PPS hospital median +1.3311360264910879%CENTRACARE- RICE +3.1835342604558963%
One urban pps hospitalCENTRACARE- RICEUrban 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
+3.2% (FY25)
Operating income ÷ total operating revenue
HCRIS WS G-3
Total margin
+4.4% (FY25)
Net income ÷ total revenue incl. nonoperating
HCRIS WS G-3
Days cash on hand
19d (FY25)
Cash, investments & board-designated reserves ÷ daily operating expense (excl. depreciation)
HCRIS WS G / G-3
Current ratio
1.95× (FY25)
Total current assets ÷ current liabilities
HCRIS WS G
Equity financing ratio
85% (FY25)
Total net assets ÷ total assets
HCRIS WS G
Days in net patient A/R
50d (FY25)
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
HCRIS WS G / G-3
$ in thousands
Line itemFY23FY24FY25
Patient revenue140,396149,007149,123
Other operating revenue2,636256293
Total operating revenue143,032149,263149,416
Total operating expenses142,106145,609144,659
Operating income9263,6544,757
Operating margin %+0.6%+2.4%+3.2%
Other non-operating, net1,5931,9651,916
Net income2,5195,6196,673
Net income %+1.7%+3.7%+4.4%
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 73-bed hospital at 36% occupancy 77% 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
35.7%
Verified fact2025
HCRIS WS S-3
Average daily census
26.17
Verified fact2025
HCRIS WS S-3
Staffed beds (acute)
73
Verified fact2025
HCRIS WS S-3
Annual discharges
2,990
Verified fact2025
HCRIS WS S-3
Average length of stay
3.2d
Verified fact2025
HCRIS WS S-3
Outpatient share of patient revenue
77.0%
Verified fact2025
HCRIS WS G-2 L28
Total FTEs
640
Verified fact2025
HCRIS WS S-3 Pt II
Contract labor share of labor cost
19.0%
Verified fact2025
HCRIS WS S-3 Pt V
How the care measures up
C. difficile infection (SIR)
0.58
No Different than National Benchmark
CMS-reported measure07/01/2024 to 06/30/2025
CMS Care Compare
Hospital-wide unplanned readmission
14.7%
No Different Than the National Rate
CMS-reported measure07/01/2023 to 06/30/2024
CMS Care Compare
Medicare spending per beneficiary
0.85
CMS-reported measure01/01/2024 to 12/31/2024
CMS Care Compare
Patient-safety composite (PSI-90)
0.985416
CMS-reported measure07/01/2022 to 06/30/2024
CMS Care Compare

Trajectory

Cost-report basis · 5 reporting years
Operating margin
+1.5%+0.7%+0.6%+2.4%+3.2%FY21FY22FY23FY24FY25
Days cash on hand
122 days79 days13 days17 days19 daysFY21FY22FY23FY24FY25

The county this hospital serves

KANDIYOHI County, MN
Median household income
$75.1K
vs $82.1K US · $59.7K rural median
Poverty rate
10.0%
vs 12.5% US · 14.3% rural median
Uninsured
6.9%
vs 8.6% US · 8.4% rural median
Age 65+
20.0%
vs 16.8% US · 20.6% rural median
Fair or poor health
17.9%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 10.5% of county personal income is Medicare/Medicaid medical benefits; 22.6% arrives as government transfers (BEA, 2022).

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