A hospital in Reno, NV. It ran an operating surplus of 7.8% in FY24 on $1312.4M of operating revenue. It held 51 days of cash on hand (61st percentile among Urban PPS hospitals on liquidity). Only a single comparable reporting year is available, so trend context is limited.
Operating margin · FY24
+7.8%
vs Urban PPS hospitals67th pctl of 2,562 (FY24)
Days cash on hand · FY24
51d
all sources
vs Urban PPS hospitals61st pctl of 2,354 (FY24)
Total operating revenue · FY24
$1.31B
vs Urban PPS hospitals92nd pctl of 2,608 (FY24)
Total margin · incl. nonoperating · FY24
+9.4%
vs Urban PPS hospitals62nd pctl of 2,563 (FY24)
Benchmarked within its own FY24 pool (n=2,562); the Urban PPS hospital cohort's current year is FY25.
One point of operating margin at RENOWN REGIONAL MEDICAL CENTER is about $13.1M per year (1% of FY24 total operating revenue).
Where RENOWN REGIONAL MEDICAL sits among Urban PPS hospitals
Operating margin · FY24 pool · n = 2,562 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 +2.0%. Descriptive context only, not a ranking.
Benchmarked within its own FY24 pool (n=2,562); the Urban PPS hospital cohort's current year is FY25.
One urban pps hospitalRENOWN REGIONALUrban 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
FY22
FY23
FY24
Patient revenue
487,755
1,098,865
1,309,315
Other operating revenue
1,356
2,748
3,049
Total operating revenue
489,111
1,101,613
1,312,364
Total operating expenses
500,756
1,065,947
1,210,461
Operating income
(11,644)
35,666
101,902
Operating margin %
-2.4%
+3.2%
+7.8%
Grants & contributions
11,388
7,310
4,802
Investment income
112
1,309
2,068
Other non-operating, net
9,327
19,179
16,209
Net income
9,183
63,464
124,981
Net income %
+1.8%
+5.6%
+9.4%
HCRIS Worksheet G-3 / S-3 · $ thousands · FY21–FY24 · FY20–21 may include COVID-era relief funding in nonoperating income
How it operates
quality & operational context · CMS public reporting
A 333-bed hospital at 77% occupancy 49% 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
76.7%
Verified fact2024
HCRIS WS S-3
Average daily census
256.23
Verified fact2024
HCRIS WS S-3
Staffed beds (acute)
333
Verified fact2024
HCRIS WS S-3
Annual discharges
34,675
Verified fact2024
HCRIS WS S-3
Average length of stay
2.7d
Verified fact2024
HCRIS WS S-3
Outpatient share of patient revenue
48.6%
Verified fact2024
HCRIS WS G-2 L28
Total FTEs
3,784
Verified fact2024
HCRIS WS S-3 Pt II
Contract labor share of labor cost
17.8%
Verified fact2024
HCRIS WS S-3 Pt V
Who it serves
Total unreimbursed & uncompensated care
$128.6M
Verified fact2023
HCRIS WS S-10 line 31
How the care measures up
C. difficile infection (SIR)
0.61
Better than the National Benchmark
CMS-reported measure07/01/2024 to 06/30/2025
CMS Care Compare
Hospital-wide unplanned readmission
15.1%
No Different Than the National Rate
CMS-reported measure07/01/2023 to 06/30/2024
CMS Care Compare
Medicare spending per beneficiary
1.03
CMS-reported measure01/01/2024 to 12/31/2024
CMS Care Compare
Patient-safety composite (PSI-90)
1.042121
CMS-reported measure07/01/2022 to 06/30/2024
CMS Care Compare
Trajectory
Cost-report basis · 4 reporting years
Operating margin
Days cash on hand
The county this hospital serves
WASHOE County, NV · metro, 250K–1M
Median household income
$85.6K
vs $82.1K US · $59.7K rural median
Poverty rate
10.7%
vs 12.5% US · 14.3% rural median
Uninsured
9.7%
vs 8.6% US · 8.4% rural median
Age 65+
17.3%
vs 16.8% US · 20.6% rural median
Fair or poor health
20.1%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 5.3% of county personal income is Medicare/Medicaid medical benefits; 13.3% arrives as government transfers (BEA, 2022).
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