A hospital in Red Bank, NJ. It ran an operating surplus of 2.4% in FY24 on $414.9M of operating revenue. It held 99 days of cash on hand (72nd percentile among Urban PPS hospitals on liquidity). Operating margin improved from -3.3% in FY20 to 2.4% in FY24, though it fell 4.2 points in the most recent year. Including nonoperating items, the all-in result was negative at 3.4%.
Operating margin · FY24
+2.4%
▼ 4.2 pts vs FY23
vs Urban PPS hospitals51st pctl of 2,562 (FY24)
Days cash on hand · FY24
99d
all sources
▼ 2.9 days vs FY23
vs Urban PPS hospitals72nd pctl of 2,354 (FY24)
Total operating revenue · FY24
$414.9M
▲ 13.7 $M vs FY23
vs Urban PPS hospitals66th pctl of 2,608 (FY24)
Total margin · incl. nonoperating · FY24
-3.4%
▼ 9.6 pts vs FY23
vs Urban PPS hospitals19th 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 RIVERVIEW MEDICAL CENTER is about $4.1M per year (1% of FY24 total operating revenue).
Where RIVERVIEW MEDICAL CENTER 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 hospitalRIVERVIEW MEDICALUrban 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
365,444
401,205
414,236
Other operating revenue
742
16
678
Total operating revenue
366,185
401,221
414,914
Total operating expenses
345,154
374,744
404,902
Operating income
21,032
26,477
10,012
Operating margin %
+5.7%
+6.6%
+2.4%
Grants & contributions
1,657
1,391
1,545
Investment income
(13,929)
(8,485)
(29,192)
Other non-operating, net
14,473
5,618
4,421
Net income
23,233
25,001
(13,214)
Net income %
+6.3%
+6.3%
-3.4%
HCRIS Worksheet G-3 / S-3 · $ thousands · FY20–FY24 · FY20–21 may include COVID-era relief funding in nonoperating income
FY21 operating and total margins are not shown: they compute from near-zero net patient revenue, so the ratio is not meaningful (display gate; statement values unchanged).
How it operates
quality & operational context · CMS public reporting
A 200-bed hospital at 56% occupancy 47% 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
55.8%
Verified fact2024
HCRIS WS S-3
Average daily census
111.84
Verified fact2024
HCRIS WS S-3
Staffed beds (acute)
200
Verified fact2024
HCRIS WS S-3
Annual discharges
9,944
Verified fact2024
HCRIS WS S-3
Average length of stay
4.1d
Verified fact2024
HCRIS WS S-3
Outpatient share of patient revenue
47.4%
Verified fact2024
HCRIS WS G-2 L28
Total FTEs
1,467
Verified fact2024
HCRIS WS S-3 Pt II
Contract labor share of labor cost
27.3%
Verified fact2024
HCRIS WS S-3 Pt V
Who it serves
Total unreimbursed & uncompensated care
$15.9M
Verified fact2023
HCRIS WS S-10 line 31
How the care measures up
C. difficile infection (SIR)
0.182
Better than the National Benchmark
CMS-reported measure07/01/2024 to 06/30/2025
CMS Care Compare
Hospital-wide unplanned readmission
16.3%
Worse Than the National Rate
CMS-reported measure07/01/2023 to 06/30/2024
CMS Care Compare
Medicare spending per beneficiary
1.07
CMS-reported measure01/01/2024 to 12/31/2024
CMS Care Compare
Patient-safety composite (PSI-90)
1.081423
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
The county this hospital serves
MONMOUTH County, NJ · metro, 1M+ population
Median household income
$122.7K
vs $82.1K US · $59.7K rural median
Poverty rate
6.4%
vs 12.5% US · 14.3% rural median
Uninsured
5.2%
vs 8.6% US · 8.4% rural median
Age 65+
18.6%
vs 16.8% US · 20.6% rural median
Fair or poor health
13.0%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 5.4% of county personal income is Medicare/Medicaid medical benefits; 12.6% arrives as government transfers (BEA, 2022).
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