A hospital in Sparks, NV. It ran an operating surplus of 15.3% in FY24 on $229.9M of operating revenue. Operating margin improved from 6.6% in FY20 to 15.3% in FY24.
Operating margin · FY24
+15.3%
vs Urban PPS hospitals82nd pctl of 2,562 (FY24)
Days cash on hand
Not available
all sources
vs Urban PPS hospitals—
Total operating revenue · FY24
$229.9M
vs Urban PPS hospitals45th pctl of 2,608 (FY24)
Total margin · incl. nonoperating · FY24
+15.5%
vs Urban PPS hospitals78th 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 NORTHERN NEVADA MEDICAL CENTER is about $2.3M per year (1% of FY24 total operating revenue).
Where NORTHERN NEVADA 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 hospitalNORTHERN NEVADAUrban 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.
Not shown, balance sheet did not reconcile as filed
Total current assets ÷ current liabilities
HCRIS WS G
Equity financing ratio
Not shown, balance sheet did not reconcile as filed
Total net assets ÷ total assets
HCRIS WS G
Days in net patient A/R
Not shown, balance sheet did not reconcile as filed
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
HCRIS WS G / G-3
$ in thousands
Line item
FY22
FY23
FY24
Patient revenue
150,783
162,815
229,842
Other operating revenue
1,128
25
25
Total operating revenue
151,911
162,840
229,867
Total operating expenses
134,966
151,190
194,587
Operating income
16,946
11,650
35,280
Operating margin %
+11.2%
+7.2%
+15.3%
Other non-operating, net
202
1,180
398
Net income
17,148
12,830
35,678
Net income %
+11.3%
+7.8%
+15.5%
HCRIS Worksheet G-3 / S-3 · $ thousands · FY20–FY24 · FY20–21 may include COVID-era relief funding in nonoperating income
FY20, FY22, FY23 net patient A/R is not shown: gross A/R was not reported on the filing, making the derived net figure spurious (AR quality flag).
How it operates
quality & operational context · CMS public reporting
A 202-bed hospital at 33% occupancy 52% 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
32.7%
Verified fact2024
HCRIS WS S-3
Average daily census
66.28
Verified fact2024
HCRIS WS S-3
Staffed beds (acute)
202
Verified fact2024
HCRIS WS S-3
Annual discharges
7,105
Verified fact2024
HCRIS WS S-3
Average length of stay
3.4d
Verified fact2024
HCRIS WS S-3
Outpatient share of patient revenue
51.8%
Verified fact2024
HCRIS WS G-2 L28
Total FTEs
811.90
Verified fact2024
HCRIS WS S-3 Pt II
Contract labor share of labor cost
19.0%
Verified fact2024
HCRIS WS S-3 Pt V
Who it serves
Total unreimbursed & uncompensated care
$12.8M
Verified fact2023
HCRIS WS S-10 line 31
How the care measures up
C. difficile infection (SIR)
0.55
No Different than National Benchmark
CMS-reported measure07/01/2024 to 06/30/2025
CMS Care Compare
Hospital-wide unplanned readmission
13.9%
No Different Than the National Rate
CMS-reported measure07/01/2023 to 06/30/2024
CMS Care Compare
Medicare spending per beneficiary
0.93
CMS-reported measure01/01/2024 to 12/31/2024
CMS Care Compare
Patient-safety composite (PSI-90)
0.96507
CMS-reported measure07/01/2022 to 06/30/2024
CMS Care Compare
Trajectory
Cost-report basis · 5 reporting years
Operating margin
Days cash on hand
FY24 days cash suppressed: out of display range.
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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