Astrelis
Urban PPS hospital · Gastonia, NC

CAROMONT REGIONAL MEDICAL CENTER

CCN 340032GASTON CountyVoluntary non-profit - Private416 bedsLatest FY 2025
Cost-report basis
HCRIS · as filed
Not audited by Astrelis
The read

A hospital in Gastonia, NC. It ran an operating surplus of 11.4% in FY25 on $845.8M of operating revenue. It held 157 days of cash on hand (79th percentile among Urban PPS hospitals on liquidity). Operating margin declined from 14.2% in FY21 to 11.4% in FY25.

Operating margin · FY25
+11.4%
0.2 pts vs FY24
vs Urban PPS hospitals76th pctl of 1,475 (FY25)
Days cash on hand · FY25
157d
all sources
40.6 days vs FY24
vs Urban PPS hospitals79th pctl of 1,386 (FY25)
Total operating revenue · FY25
$845.8M
118.0 $M vs FY24
vs Urban PPS hospitals84th pctl of 1,503 (FY25)
Total margin · incl. nonoperating · FY25
+8.4%
3.8 pts vs FY24
vs Urban PPS hospitals59th pctl of 1,475 (FY25)
One point of operating margin at CAROMONT REGIONAL MEDICAL CENTER is about $8.5M per year (1% of FY25 total operating revenue).

Where CAROMONT REGIONAL MEDICAL 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.

-20%-10%0%+10%+20%Urban PPS hospital median +1.3311360264910879%CAROMONT REGIONAL +11.374596578641656%-20%0%+20%Urban PPS hospital median +1.3311360264910879%CAROMONT REGIONAL +11.374596578641656%
One urban pps hospitalCAROMONT REGIONALUrban 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
+11.4% (FY25)
Operating income ÷ total operating revenue
HCRIS WS G-3
Total margin
+8.4% (FY25)
Net income ÷ total revenue incl. nonoperating
HCRIS WS G-3
Days cash on hand
157d (FY25)
Cash, investments & board-designated reserves ÷ daily operating expense (excl. depreciation)
HCRIS WS G / G-3
Current ratio
1.27× (FY25)
Total current assets ÷ current liabilities
HCRIS WS G
Equity financing ratio
45% (FY25)
Total net assets ÷ total assets
HCRIS WS G
Days in net patient A/R
Not reported in this filing
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
HCRIS WS G / G-3
$ in thousands
Line itemFY23FY24FY25
Patient revenue641,794727,529822,685
Other operating revenue51525523,142
Total operating revenue642,309727,784845,828
Total operating expenses597,038646,355749,618
Operating income45,27181,42996,210
Operating margin %+7.0%+11.2%+11.4%
Grants & contributions179481(270)
Investment income(310)(52)(24)
Other non-operating, net13,9898,245(26,918)
Net income59,12990,10368,998
Net income %+9.0%+12.2%+8.4%
HCRIS Worksheet G-3 / S-3 · $ thousands · FY21–FY25 · FY20–21 may include COVID-era relief funding in nonoperating income
FY21, FY22, FY23, FY24, FY25 net patient A/R is not shown: gross A/R was not reported on the filing, making the derived net figure spurious (AR quality flag).

How it operates

quality & operational context · CMS public reporting

A 416-bed hospital at 70% occupancy 58% 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
69.5%
Verified fact2025
HCRIS WS S-3
Average daily census
290.06
Verified fact2025
HCRIS WS S-3
Staffed beds (acute)
416
Verified fact2025
HCRIS WS S-3
Annual discharges
25,440
Verified fact2025
HCRIS WS S-3
Average length of stay
4.2d
Verified fact2025
HCRIS WS S-3
Outpatient share of patient revenue
57.6%
Verified fact2025
HCRIS WS G-2 L28
Total FTEs
3,313
Verified fact2025
HCRIS WS S-3 Pt II
Contract labor share of labor cost
21.4%
Verified fact2025
HCRIS WS S-3 Pt V
How the care measures up
C. difficile infection (SIR)
0.169
Better than the National Benchmark
CMS-reported measure07/01/2024 to 06/30/2025
CMS Care Compare
Hospital-wide unplanned readmission
15.3%
No Different Than the National Rate
CMS-reported measure07/01/2023 to 06/30/2024
CMS Care Compare
Medicare spending per beneficiary
0.95
CMS-reported measure01/01/2024 to 12/31/2024
CMS Care Compare
Patient-safety composite (PSI-90)
1.036236
CMS-reported measure07/01/2022 to 06/30/2024
CMS Care Compare

Trajectory

Cost-report basis · 5 reporting years
Operating margin
+14.2%+7.7%+7.0%+11.2%+11.4%FY21FY22FY23FY24FY25
Days cash on hand
255 days230 days206 days198 days157 daysFY21FY22FY23FY24FY25

The county this hospital serves

GASTON County, NC
Median household income
$65.5K
vs $82.1K US · $59.7K rural median
Poverty rate
12.8%
vs 12.5% US · 14.3% rural median
Uninsured
10.9%
vs 8.6% US · 8.4% rural median
Age 65+
16.3%
vs 16.8% US · 20.6% rural median
Fair or poor health
19.3%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 10.5% of county personal income is Medicare/Medicaid medical benefits; 24.6% arrives as government transfers (BEA, 2022).

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