Astrelis
Long-term acute care hospital · Newark, NJ

SILVER LAKE HOSPITAL LTACH

CCN 312024ESSEX CountyVoluntary non-profit - ChurchUrban (USDA RUCC)63 bedsLatest FY 2025
Cost-report basis
HCRIS · as filed
Not audited by Astrelis
The read

A hospital in Newark, NJ. It ran an operating loss of 26.5% in FY25 on $29.6M of operating revenue. It held 4 days of cash on hand. Only a single comparable reporting year is available, so trend context is limited.

Operating margin · FY25
-26.5%
vs Long-term acute care hospitals
Days cash on hand · FY25
4d
all sources
vs Long-term acute care hospitals
Total operating revenue · FY25
$29.6M
vs Long-term acute care hospitals
Total margin · incl. nonoperating · FY25
-26.1%
vs Long-term acute care hospitals
One point of operating margin at SILVER LAKE HOSPITAL LTACH is about $296K per year (1% of FY25 total operating revenue).

Peer context for SILVER LAKE HOSPITAL

national hospital universe · FY25 pool · n = 2,704

The Long-term acute care hospital pool has only 5 comparable filers, below the 8-filer floor for a cohort median. Shown instead against the national hospital universe (FY25, n=2,704): the national median operating margin is +0.5%, and this hospital is at -26.5%. Descriptive context only, not a like-for-like cohort comparison.

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.

Operating margin
-26.5% (FY25)
Operating income ÷ total operating revenue
HCRIS WS G-3
Total margin
-26.1% (FY25)
Net income ÷ total revenue incl. nonoperating
HCRIS WS G-3
Days cash on hand
4d (FY25)
Cash, investments & board-designated reserves ÷ daily operating expense (excl. depreciation)
HCRIS WS G / G-3
Current ratio
0.18× (FY25)
Total current assets ÷ current liabilities
HCRIS WS G
Equity financing ratio
-39% (FY25)
Total net assets ÷ total assets
HCRIS WS G
Days in net patient A/R
91d (FY25)
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
HCRIS WS G / G-3
$ in thousands
Line itemFY23FY24FY25
Patient revenue55,27312,08629,633
Other operating revenue19
Total operating revenue55,29212,08629,633
Total operating expenses69,00438,87337,480
Operating income(13,712)(26,787)(7,848)
Operating margin %-24.8%-221.6%-26.5%
Other non-operating, net0081
Net income(13,712)(26,787)(7,767)
Net income %-24.8%-221.6%-26.1%
HCRIS Worksheet G-3 / S-3 · $ thousands · FY21–FY25 · where other operating income is not reported, total operating revenue reflects net patient revenue alone · FY20–21 may include COVID-era relief funding in nonoperating income
FY24 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

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
32.8%
Verified fact2025
HCRIS WS S-3
Average daily census
20.71
Verified fact2025
HCRIS WS S-3
Staffed beds (acute)
63
Verified fact2025
HCRIS WS S-3
Annual discharges
147
Verified fact2025
HCRIS WS S-3
Average length of stay
51.3d
Verified fact2025
HCRIS WS S-3
How the care measures up
No public quality measures are reported for this facility in the current Care Compare refresh.

Trajectory

Cost-report basis · 5 reporting years
Operating margin
+2.7%-1.7%-24.8%-26.5%FY21FY22FY23FY24FY25
Days cash on hand
15 days4 days6 days0 days4 daysFY21FY22FY23FY24FY25

The county this hospital serves

ESSEX County, NJ
Median household income
$76.7K
vs $82.1K US
Poverty rate
15.0%
vs 12.5% US
Uninsured
11.6%
vs 8.6% US
Age 65+
14.0%
vs 16.8% US
Fair or poor health
20.1%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 8.4% of county personal income is Medicare/Medicaid medical benefits; 16.5% arrives as government transfers (BEA, 2022).
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