A hospital in St Peter, MN. It ran an operating loss of 3.2% in FY24 on $63.9M of operating revenue. It held 81 days of cash on hand (45th percentile among Critical Access Hospitals on liquidity). Operating margin improved from -8.7% in FY20 to -3.2% in FY24.
Operating margin · FY24
-3.2%
▲ 7.9 pts vs FY23
vs Critical Access Hospitals44th pctl of 1,340 (FY24)
Days cash on hand · FY24
81d
all sources
▲ 10.0 days vs FY23
vs Critical Access Hospitals45th pctl of 1,325 (FY24)
Total operating revenue · FY24
$63.9M
▲ 4.7 $M vs FY23
vs Critical Access Hospitals81st pctl of 1,356 (FY24)
Total margin · incl. nonoperating · FY24
-1.4%
▲ 7.2 pts vs FY23
vs Critical Access Hospitals25th 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 RIVER'S EDGE HOSPITAL & CLINIC is about $639K per year (1% of FY24 total operating revenue).
Where RIVER'S EDGE 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 hospitalRIVER'S EDGECritical 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
+35.5% (FY24)
65th percentile of 43 CAHs. Full comparison in the CAH Performance Benchmark.
HCRIS cost report · CAH economics engine
Medicare outpatient contribution margin
+40.2% (FY24)
14th percentile of 43 CAHs. Full comparison in the CAH Performance Benchmark.
HCRIS cost report · CAH economics engine
$ in thousands
Line item
FY22
FY23
FY24
Patient revenue
55,918
59,002
63,064
Other operating revenue
220
208
825
Total operating revenue
56,138
59,211
63,889
Total operating expenses
57,833
65,789
65,954
Operating income
(1,696)
(6,578)
(2,064)
Operating margin %
-3.0%
-11.1%
-3.2%
Grants & contributions
—
1
—
Investment income
228
428
428
Other non-operating, net
774
979
750
Net income
(694)
(5,170)
(886)
Net income %
-1.2%
-8.5%
-1.4%
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 25-bed hospital at 31% occupancy 50% 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
31.3%
Verified fact2024
HCRIS WS S-3
Average daily census
7.85
Verified fact2024
HCRIS WS S-3
Staffed beds (acute)
25
Verified fact2024
HCRIS WS S-3
Annual discharges
1,160
Verified fact2024
HCRIS WS S-3
Average length of stay
2.5d
Verified fact2024
HCRIS WS S-3
Swing-bed average daily census
0.22
Verified fact2024
HCRIS WS S-3 L5–6
Swing-bed share of inpatient days
2.8%
Verified fact2024
HCRIS WS S-3 (acute + swing days)
Outpatient share of patient revenue
50.3%
Verified fact2024
HCRIS WS G-2 L28
Who it serves
Total unreimbursed & uncompensated care
$1.3M
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
14.9%
No Different Than the National Rate
CMS-reported measure07/01/2023 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
NICOLLET County, MN · metro, under 250K
Median household income
$80.4K
vs $82.1K US · $59.7K rural median
Poverty rate
9.6%
vs 12.5% US · 14.3% rural median
Uninsured
3.7%
vs 8.6% US · 8.4% rural median
Age 65+
17.2%
vs 16.8% US · 20.6% rural median
Fair or poor health
14.9%
self-reported, adults · CDC PLACES
Primary-care shortage
Not designated
HRSA HPSA
Economic context: 7.9% of county personal income is Medicare/Medicaid medical benefits; 18.3% arrives as government transfers (BEA, 2022).
What this hospital means to Nicollet County
economic contribution · FY24 cost report
Direct annual spending
$66.0M
total operating expense · reported
Total economic output
$151.7M
× 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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