A hospital in Asheville, NC. It ran an operating surplus of 16.4% in FY25 on $1524.3M of operating revenue. It held 1 day of cash on hand (24th percentile among Urban PPS hospitals on liquidity). Operating margin improved from -12.5% in FY20 to 16.4% in FY25.
Operating margin · FY25
+16.4%
▲ 1.8 pts vs FY24
vs Urban PPS hospitals85th pctl of 1,475 (FY25)
Days cash on hand · FY25
1d
all sources
▲ 0.1 days vs FY24
vs Urban PPS hospitals24th pctl of 1,386 (FY25)
Total operating revenue · FY25
$1.52B
▲ 78.2 $M vs FY24
vs Urban PPS hospitals92nd pctl of 1,503 (FY25)
Total margin · incl. nonoperating · FY25
+15.4%
▼ 1.1 pts vs FY24
vs Urban PPS hospitals78th pctl of 1,475 (FY25)
One point of operating margin at MEMORIAL MISSION HOSPITAL AND ASHEVILLE SURGERY CE is about $15.2M per year (1% of FY25 total operating revenue).
Where MEMORIAL MISSION HOSPITAL sits among Urban PPS hospitals
Operating margin · FY25 pool · n = 1,475 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 +1.3%. Descriptive context only, not a ranking.
One urban pps hospitalMEMORIAL MISSIONUrban 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.
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
1,335,626
1,438,823
1,471,639
Other operating revenue
54,216
7,245
52,637
Total operating revenue
1,389,842
1,446,068
1,524,276
Total operating expenses
1,169,001
1,234,502
1,274,327
Operating income
220,842
211,566
249,950
Operating margin %
+15.9%
+14.6%
+16.4%
Grants & contributions
—
—
0
Other non-operating, net
(3,104)
34,268
(15,972)
Net income
217,738
245,834
233,978
Net income %
+15.7%
+16.6%
+15.5%
HCRIS Worksheet G-3 / S-3 · $ thousands · FY20–FY25 · FY20–21 may include COVID-era relief funding in nonoperating income
How it operates
quality & operational context · CMS public reporting
A 524-bed hospital at 86% occupancy 43% 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
85.7%
Verified fact2025
HCRIS WS S-3
Average daily census
450.65
Verified fact2025
HCRIS WS S-3
Staffed beds (acute)
524
Verified fact2025
HCRIS WS S-3
Annual discharges
50,611
Verified fact2025
HCRIS WS S-3
Average length of stay
3.2d
Verified fact2025
HCRIS WS S-3
Outpatient share of patient revenue
42.7%
Verified fact2025
HCRIS WS G-2 L28
Total FTEs
3,436
Verified fact2025
HCRIS WS S-3 Pt II
Contract labor share of labor cost
21.6%
Verified fact2025
HCRIS WS S-3 Pt V
Who it serves
Total unreimbursed & uncompensated care
$54.6M
Verified fact2023
HCRIS WS S-10 line 31
How the care measures up
C. difficile infection (SIR)
0.195
Better than the National Benchmark
CMS-reported measure07/01/2024 to 06/30/2025
CMS Care Compare
Hospital-wide unplanned readmission
13.8%
Better Than the National Rate
CMS-reported measure07/01/2023 to 06/30/2024
CMS Care Compare
Medicare spending per beneficiary
0.99
CMS-reported measure01/01/2024 to 12/31/2024
CMS Care Compare
Patient-safety composite (PSI-90)
0.679891
CMS-reported measure07/01/2022 to 06/30/2024
CMS Care Compare
Trajectory
Cost-report basis · 6 reporting years
Operating margin
Days cash on hand
The county this hospital serves
BUNCOMBE County, NC · metro, 250K–1M
Median household income
$70.6K
vs $82.1K US · $59.7K rural median
Poverty rate
11.8%
vs 12.5% US · 14.3% rural median
Uninsured
11.9%
vs 8.6% US · 8.4% rural median
Age 65+
20.8%
vs 16.8% US · 20.6% rural median
Fair or poor health
16.7%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 7.7% of county personal income is Medicare/Medicaid medical benefits; 20.2% arrives as government transfers (BEA, 2022).
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