Financial anchor year: FY25. Margin and revenue are as filed for FY25. Balance-sheet measures (current ratio, equity financing, days in A/R) use FY24, the latest filing whose balance sheet reconciled as filed. Every tile below states its own fiscal year; nothing is carried forward or estimated.
The read
A hospital in Corning, NY. It ran an operating surplus of 14.2% in FY25 on $210.7M of operating revenue. It held 415 days of cash on hand (95th percentile among Rural PPS hospitals on liquidity). Operating margin improved from 5.8% in FY21 to 14.2% in FY25.
Operating margin · FY25
+14.2%
▲ 2.5 pts vs FY24
vs Rural PPS hospitals86th pctl of 387 (FY24)
Days cash on hand · FY25
415d
all sources
▲ 33.3 days vs FY24
vs Rural PPS hospitals95th pctl of 376 (FY24)
Total operating revenue · FY25
$210.7M
▲ 15.9 $M vs FY24
vs Rural PPS hospitals82nd pctl of 393 (FY24)
Total margin · incl. nonoperating · FY25
+25.1%
▲ 4.7 pts vs FY24
vs Rural PPS hospitals97th pctl of 387 (FY24)
This facility's newest settled year, FY25, has not yet reached pool validity: benchmarked against the FY24 pool (n=387).
One point of operating margin at CORNING HOSPITAL is about $2.1M per year (1% of FY25 total operating revenue).
Where CORNING HOSPITAL sits among Rural PPS hospitals
Operating margin · FY24 pool · n = 387 of 418 filed
Each point is one Rural 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 Rural PPS hospital median is -0.9%. 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=387).
One rural pps hospitalCORNING HOSPITALRural 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
FY23
FY24
FY25
Patient revenue
169,350
194,738
210,661
Total operating revenue
169,350
194,738
210,661
Total operating expenses
160,820
171,855
180,664
Operating income
8,530
22,883
29,998
Operating margin %
+5.0%
+11.8%
+14.2%
Grants & contributions
24
19
70
Investment income
9,817
17,077
10,051
Other non-operating, net
2,784
4,041
20,393
Net income
21,155
44,020
60,512
Net income %
+11.6%
+20.4%
+25.1%
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
How it operates
quality & operational context · CMS public reporting
A 57-bed hospital at 72% occupancy 84% 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
72.4%
Verified fact2025
HCRIS WS S-3
Average daily census
41.40
Verified fact2025
HCRIS WS S-3
Staffed beds (acute)
57
Verified fact2025
HCRIS WS S-3
Annual discharges
4,704
Verified fact2025
HCRIS WS S-3
Average length of stay
3.2d
Verified fact2025
HCRIS WS S-3
Outpatient share of patient revenue
83.9%
Verified fact2025
HCRIS WS G-2 L28
Total FTEs
573.40
Verified fact2025
HCRIS WS S-3 Pt II
How the care measures up
C. difficile infection (SIR)
0.113
Better than the National Benchmark
CMS-reported measure07/01/2024 to 06/30/2025
CMS Care Compare
Hospital-wide unplanned readmission
14.5%
No Different Than the National Rate
CMS-reported measure07/01/2023 to 06/30/2024
CMS Care Compare
Medicare spending per beneficiary
0.9
CMS-reported measure01/01/2024 to 12/31/2024
CMS Care Compare
Patient-safety composite (PSI-90)
1.147821
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
STEUBEN County, NY
Median household income
$64.7K
vs $82.1K US · $59.7K rural median
Poverty rate
13.7%
vs 12.5% US · 14.3% rural median
Uninsured
4.7%
vs 8.6% US · 8.4% rural median
Age 65+
20.3%
vs 16.8% US · 20.6% rural median
Fair or poor health
16.6%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 10.8% of county personal income is Medicare/Medicaid medical benefits; 25.5% arrives as government transfers (BEA, 2022).
Method: NCRHW 2016 study of critical access hospitals (IMPLAN Type II), employment × 1.34, earnings × 1.19; output × 2.30 (AHA national, upper bound for rural). This hospital is not a critical access hospital. No published multiplier specific to its type was used, so the CAH ratios are applied unchanged and every multiplied figure here should be read as an upper-bound estimate, not a measurement of this facility. Direct figures are reported values from the facility's HCRIS cost report; multiplied figures are estimates.
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