Astrelis
Urban PPS hospital · Syracuse, NY

CROUSE HOSPITAL

CCN 330203ONONDAGA CountyVoluntary non-profit - PrivateUrban (USDA RUCC)416 bedsLatest FY 2024
Cost-report basis
HCRIS · as filed
Not audited by Astrelis
The read

A hospital in Syracuse, NY. It ran an operating loss of 1.9% in FY24 on $557.7M of operating revenue. It held 30 days of cash on hand (54th percentile among Urban PPS hospitals on liquidity). Operating margin improved from -5.5% in FY20 to -1.9% in FY24, though it fell 3.6 points in the most recent year. Including nonoperating items, the all-in result was positive at 0.6%.

Operating margin · FY24
-1.9%
3.6 pts vs FY23
vs Urban PPS hospitals37th pctl of 2,562 (FY24)
Days cash on hand · FY24
30d
all sources
5.6 days vs FY23
vs Urban PPS hospitals54th pctl of 2,354 (FY24)
Total operating revenue · FY24
$557.7M
23.9 $M vs FY23
vs Urban PPS hospitals75th pctl of 2,608 (FY24)
Total margin · incl. nonoperating · FY24
+0.6%
3.4 pts vs FY23
vs Urban PPS hospitals30th 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 CROUSE HOSPITAL is about $5.6M per year (1% of FY24 total operating revenue).

Where CROUSE HOSPITAL 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.
-20%-10%0%+10%+20%Urban PPS hospital median +2.027429837815152%CROUSE HOSPITAL -1.9499937867449486%-20%0%+20%Urban PPS hospital median +2.027429837815152%CROUSE HOSPITAL -1.9499937867449486%
One urban pps hospitalCROUSE HOSPITALUrban 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.

Operating margin
-1.9% (FY24)
Operating income ÷ total operating revenue
HCRIS WS G-3
Total margin
+0.6% (FY24)
Net income ÷ total revenue incl. nonoperating
HCRIS WS G-3
Days cash on hand
30d (FY24)
Cash, investments & board-designated reserves ÷ daily operating expense (excl. depreciation)
HCRIS WS G / G-3
Current ratio
0.61× (FY24)
Total current assets ÷ current liabilities
HCRIS WS G
Equity financing ratio
3% (FY24)
Total net assets ÷ total assets
HCRIS WS G
Days in net patient A/R
50d (FY24)
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
HCRIS WS G / G-3
$ in thousands
Line itemFY22FY23FY24
Patient revenue505,916533,778557,679
Total operating revenue505,916533,778557,679
Total operating expenses509,355525,041568,553
Operating income(3,439)8,737(10,875)
Operating margin %-0.7%+1.6%-2.0%
Grants & contributions9381,325
Other non-operating, net15,30912,34512,844
Net income11,87022,0203,294
Net income %+2.3%+4.0%+0.6%
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 416-bed hospital at 56% occupancy 45% 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
56.0%
Verified fact2024
HCRIS WS S-3
Average daily census
233.76
Verified fact2024
HCRIS WS S-3
Staffed beds (acute)
416
Verified fact2024
HCRIS WS S-3
Annual discharges
17,843
Verified fact2024
HCRIS WS S-3
Average length of stay
4.8d
Verified fact2024
HCRIS WS S-3
Outpatient share of patient revenue
45.0%
Verified fact2024
HCRIS WS G-2 L28
Total FTEs
2,304
Verified fact2024
HCRIS WS S-3 Pt II
Contract labor share of labor cost
19.4%
Verified fact2024
HCRIS WS S-3 Pt V
Who it serves
Total unreimbursed & uncompensated care
$5.2M
Verified fact2023
HCRIS WS S-10 line 31
How the care measures up
C. difficile infection (SIR)
0.324
Better than the National Benchmark
CMS-reported measure07/01/2024 to 06/30/2025
CMS Care Compare
Hospital-wide unplanned readmission
14.9%
No Different Than the National Rate
CMS-reported measure07/01/2023 to 06/30/2024
CMS Care Compare
Medicare spending per beneficiary
0.97
CMS-reported measure01/01/2024 to 12/31/2024
CMS Care Compare
Patient-safety composite (PSI-90)
1.173198
CMS-reported measure07/01/2022 to 06/30/2024
CMS Care Compare

Trajectory

Cost-report basis · 5 reporting years
Operating margin
-5.5%-7.1%-0.7%+1.6%-1.9%FY20FY21FY22FY23FY24
Days cash on hand
38 days45 days29 days35 days30 daysFY20FY21FY22FY23FY24

The county this hospital serves

ONONDAGA County, NY · metro, 250K–1M
Median household income
$74.7K
vs $82.1K US · $59.7K rural median
Poverty rate
13.9%
vs 12.5% US · 14.3% rural median
Uninsured
3.3%
vs 8.6% US · 8.4% rural median
Age 65+
18.2%
vs 16.8% US · 20.6% rural median
Fair or poor health
16.5%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 9.4% of county personal income is Medicare/Medicaid medical benefits; 21.1% arrives as government transfers (BEA, 2022).

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