A hospital in Summit, NJ. It ran an operating loss of 15.7% in FY25 on $32.9M of operating revenue. It held 205 days of cash on hand (93rd percentile among Psychiatric hospitals on liquidity). Operating margin declined from 4.7% in FY21 to -15.7% in FY25.
Operating margin · FY25
-15.7%
▼ 1.2 pts vs FY24
vs Psychiatric hospitals16th pctl of 437 (FY24)
Days cash on hand · FY25
205d
all sources
▼ 23.0 days vs FY24
vs Psychiatric hospitals93rd pctl of 376 (FY24)
Total operating revenue · FY25
$32.9M
▲ 2.4 $M vs FY24
vs Psychiatric hospitals65th pctl of 509 (FY24)
Total margin · incl. nonoperating · FY25
-15.6%
▼ 1.2 pts vs FY24
vs Psychiatric hospitals9th pctl of 434 (FY24)
This facility's newest settled year, FY25, has not yet reached pool validity: benchmarked against the FY24 pool (n=437).
One point of operating margin at SUMMIT OAKS HOSPITAL is about $329K per year (1% of FY25 total operating revenue).
Where SUMMIT OAKS HOSPITAL sits among Psychiatric hospitals
Operating margin · FY24 pool · n = 437 of 610 filed
Each point is one Psychiatric 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 Psychiatric hospital median is +4.8%. Descriptive context only, not a ranking.
This facility's newest settled year, FY25, has not yet reached pool validity: benchmarked against the FY24 pool (n=437).
One psychiatric hospitalSUMMIT OAKSPsychiatric 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
FY23
FY24
FY25
Patient revenue
31,436
30,362
32,883
Other operating revenue
—
89
12
Total operating revenue
31,436
30,451
32,895
Total operating expenses
31,648
34,862
38,057
Operating income
(212)
(4,411)
(5,162)
Operating margin %
-0.7%
-14.5%
-15.7%
Other non-operating, net
18
21
25
Net income
(194)
(4,390)
(5,137)
Net income %
-0.6%
-14.4%
-15.6%
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
How it operates
quality & operational context · CMS public reporting
A 124-bed hospital at 80% occupancy 6% 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
79.6%
Verified fact2025
HCRIS WS S-3
Average daily census
98.95
Verified fact2025
HCRIS WS S-3
Staffed beds (acute)
124
Verified fact2025
HCRIS WS S-3
Annual discharges
3,375
Verified fact2025
HCRIS WS S-3
Average length of stay
10.7d
Verified fact2025
HCRIS WS S-3
Outpatient share of patient revenue
6.1%
Verified fact2025
HCRIS WS G-2 L28
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
Days cash on hand
The county this hospital serves
UNION County, NJ
Median household income
$100.1K
vs $82.1K US
Poverty rate
8.9%
vs 12.5% US
Uninsured
12.4%
vs 8.6% US
Age 65+
14.8%
vs 16.8% US
Fair or poor health
17.9%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 6.0% of county personal income is Medicare/Medicaid medical benefits; 13.3% arrives as government transfers (BEA, 2022).
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