A hospital in Olivia, MN. It ran an operating surplus of 23.8% in FY24 on $44.5M of operating revenue. It held 940 days of cash on hand (99th percentile among Critical Access Hospitals on liquidity). Operating margin improved from 18.5% in FY20 to 23.8% in FY24.
Operating margin · FY24
+23.8%
▲ 1.9 pts vs FY23
vs Critical Access Hospitals97th pctl of 1,340 (FY24)
Days cash on hand · FY24
940d
all sources
▲ 75.6 days vs FY23
vs Critical Access Hospitals99th pctl of 1,325 (FY24)
Total operating revenue · FY24
$44.5M
▲ 4.8 $M vs FY23
vs Critical Access Hospitals69th pctl of 1,356 (FY24)
Total margin · incl. nonoperating · FY24
+29.1%
▲ 7.1 pts vs FY23
vs Critical Access Hospitals97th pctl of 1,340 (FY24)
Benchmarked within its own FY24 pool (n=1,340); the Critical Access Hospital cohort's current year is FY25.
One point of operating margin at OLIVIA HOSPITAL & CLINIC is about $445K per year (1% of FY24 total operating revenue).
Where OLIVIA HOSPITAL & sits among Critical Access Hospitals
Operating margin · FY24 pool · n = 1,340 of 1,404 filed
Each point is one Critical Access 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 Critical Access Hospital median is -1.8%. Descriptive context only, not a ranking.
Benchmarked within its own FY24 pool (n=1,340); the Critical Access Hospital cohort's current year is FY25.
One critical access hospitalOLIVIA HOSPITALCritical Access 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
Medicare inpatient contribution margin
+24.7% (FY24)
46th percentile of 171 CAHs. Full comparison in the CAH Performance Benchmark.
HCRIS cost report · CAH economics engine
Medicare outpatient contribution margin
+61.3% (FY24)
78th percentile of 171 CAHs. Full comparison in the CAH Performance Benchmark.
HCRIS cost report · CAH economics engine
$ in thousands
Line item
FY22
FY23
FY24
Patient revenue
32,065
38,677
39,380
Other operating revenue
4,469
1,033
5,105
Total operating revenue
36,534
39,710
44,485
Total operating expenses
30,366
31,003
33,903
Operating income
6,168
8,708
10,582
Operating margin %
+16.9%
+21.9%
+23.8%
Investment income
—
—
3,315
Other non-operating, net
0
0
1
Net income
6,168
8,708
13,898
Net income %
+16.9%
+21.9%
+29.1%
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
A 16-bed hospital at 13% occupancy where swing beds are 71% of the inpatient business and 86% 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
13.0%
Verified fact2024
HCRIS WS S-3
Average daily census
2.08
Verified fact2024
HCRIS WS S-3
Staffed beds (acute)
16
Verified fact2024
HCRIS WS S-3
Annual discharges
245
Verified fact2024
HCRIS WS S-3
Average length of stay
3.1d
Verified fact2024
HCRIS WS S-3
Swing-bed average daily census
4.99
Verified fact2024
HCRIS WS S-3 L5–6
Swing-bed share of inpatient days
70.5%
Verified fact2024
HCRIS WS S-3 (acute + swing days)
Outpatient share of patient revenue
85.6%
Verified fact2024
HCRIS WS G-2 L28
Who it serves
Total unreimbursed & uncompensated care
$1.1M
Verified fact2023
HCRIS WS S-10 line 31
How the care measures up
C. difficile infection (SIR)
Results cannot be calculated for this reporting period.
CMS-reported measure07/01/2024 to 06/30/2025
CMS Care Compare
Hospital-wide unplanned readmission
14.8%
No Different Than the National Rate
CMS-reported measure07/01/2023 to 06/30/2024
CMS Care Compare
Pricing
Pilot · FY24
Commercial rates vs Medicare
401%
Commercial negotiated rates as a percent of Medicare rates, outpatient basket. 61st percentile among CAHs.
Hospital price files + Medicare rates
Directional indicator from public price files. Facility-specific rate positioning is the Commercial Pricing Study →
Trajectory
Cost-report basis · 5 reporting years
Operating margin
Days cash on hand
The county this hospital serves
RENVILLE County, MN
Median household income
$69.1K
vs $82.1K US · $59.7K rural median
Poverty rate
10.7%
vs 12.5% US · 14.3% rural median
Uninsured
4.2%
vs 8.6% US · 8.4% rural median
Age 65+
21.5%
vs 16.8% US · 20.6% rural median
Fair or poor health
18.3%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 12.1% of county personal income is Medicare/Medicaid medical benefits; 23.3% arrives as government transfers (BEA, 2022).
What this hospital means to Renville County
economic contribution · FY24 cost report
Direct annual spending
$33.9M
total operating expense · reported
Total economic output
$78.0M
× 2.30 output multiplier · estimate, upper bound for rural
Method: NCRHW 2016 study of critical access hospitals (IMPLAN Type II), employment × 1.34, earnings × 1.19; output × 2.30 (AHA national, upper bound for rural). Direct figures are reported values from the facility's HCRIS cost report; multiplied figures are estimates.
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Commercial Pricing Study$10,000CAH only, subject to data validation
Your negotiated commercial rates against Medicare and against peers, from hospitals' own published price files. We validate your hospital's rate file before taking payment.
