A hospital in Flushing, NY. It ran an operating loss of 78.1% in FY24 on $1103.4M of operating revenue. It held 26 days of cash on hand (52nd percentile among Urban PPS hospitals on liquidity). Operating margin declined from -40.6% in FY20 to -78.1% in FY24.
Operating margin · FY24
-78.1%
▼ 10.4 pts vs FY23
vs Urban PPS hospitals0th pctl of 2,562 (FY24)
Days cash on hand · FY24
26d
all sources
▲ 0.1 days vs FY23
vs Urban PPS hospitals52nd pctl of 2,354 (FY24)
Total operating revenue · FY24
$1.10B
▲ 96.3 $M vs FY23
vs Urban PPS hospitals90th pctl of 2,608 (FY24)
Total margin · incl. nonoperating · FY24
-0.4%
▼ 2.8 pts vs FY23
vs Urban PPS hospitals26th 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 NEW YORK-PRESBYTERIAN/QUEENS is about $11.0M per year (1% of FY24 total operating revenue).
Where NEW YORK-PRESBYTERIAN/QUEENS 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 hospitalNEW YORK-PRESBYTERIAN/QUEENSUrban 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
890,136
1,007,107
1,103,404
Total operating revenue
890,136
1,007,107
1,103,404
Total operating expenses
1,412,489
1,688,430
1,964,917
Operating income
(522,353)
(681,322)
(861,512)
Operating margin %
-58.7%
-67.7%
-78.1%
Grants & contributions
3,205
2,695
3,559
Investment income
(8,623)
9,806
12,277
Other non-operating, net
469,220
708,224
837,793
Net income
(58,551)
39,403
(7,883)
Net income %
-4.3%
+2.3%
-0.4%
HCRIS Worksheet G-3 / S-3 · $ thousands · FY20–FY24 · 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 398-bed hospital at 93% occupancy 37% 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
93.4%
Verified fact2024
HCRIS WS S-3
Average daily census
372.87
Verified fact2024
HCRIS WS S-3
Staffed beds (acute)
398
Verified fact2024
HCRIS WS S-3
Annual discharges
27,028
Verified fact2024
HCRIS WS S-3
Average length of stay
5.0d
Verified fact2024
HCRIS WS S-3
Outpatient share of patient revenue
36.8%
Verified fact2024
HCRIS WS G-2 L28
Total FTEs
3,535
Verified fact2024
HCRIS WS S-3 Pt II
Contract labor share of labor cost
23.7%
Verified fact2024
HCRIS WS S-3 Pt V
Who it serves
Total unreimbursed & uncompensated care
$45.0M
Verified fact2023
HCRIS WS S-10 line 31
How the care measures up
C. difficile infection (SIR)
0.104
Better than the National Benchmark
CMS-reported measure07/01/2024 to 06/30/2025
CMS Care Compare
Hospital-wide unplanned readmission
13.6%
Better Than the National Rate
CMS-reported measure07/01/2023 to 06/30/2024
CMS Care Compare
Medicare spending per beneficiary
1.08
CMS-reported measure01/01/2024 to 12/31/2024
CMS Care Compare
Patient-safety composite (PSI-90)
0.615616
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
QUEENS County, NY · metro, 1M+ population
Median household income
$85.0K
vs $82.1K US · $59.7K rural median
Poverty rate
12.2%
vs 12.5% US · 14.3% rural median
Uninsured
8.5%
vs 8.6% US · 8.4% rural median
Age 65+
17.2%
vs 16.8% US · 20.6% rural median
Fair or poor health
20.6%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 16.0% of county personal income is Medicare/Medicaid medical benefits; 26.4% arrives as government transfers (BEA, 2022).
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