Astrelis
Urban PPS hospital · Morganton, NC

BLUE RIDGE HEALTHCARE HOSPITALS, INC

CCN 340075BURKE CountyProprietaryUrban (USDA RUCC)138 bedsLatest FY 2025
Cost-report basis
HCRIS · as filed
Not audited by Astrelis
The read

A hospital in Morganton, NC. It ran an operating surplus of 12.3% in FY25 on $357.3M of operating revenue. It held 131 days of cash on hand (75th percentile among Urban PPS hospitals on liquidity). Only a single comparable reporting year is available, so trend context is limited.

Operating margin · FY25
+12.3%
vs Urban PPS hospitals78th pctl of 1,475 (FY25)
Days cash on hand · FY25
131d
all sources
vs Urban PPS hospitals75th pctl of 1,386 (FY25)
Total operating revenue · FY25
$357.3M
vs Urban PPS hospitals58th pctl of 1,503 (FY25)
Total margin · incl. nonoperating · FY25
+16.8%
vs Urban PPS hospitals81st pctl of 1,475 (FY25)
One point of operating margin at BLUE RIDGE HEALTHCARE HOSPITALS, INC is about $3.6M per year (1% of FY25 total operating revenue).

Where BLUE RIDGE HEALTHCARE 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%BLUE RIDGE +12.330826941418266%-20%0%+20%Urban PPS hospital median +1.3311360264910879%BLUE RIDGE +12.330826941418266%
One urban pps hospitalBLUE RIDGEUrban 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
+12.3% (FY25)
Operating income ÷ total operating revenue
HCRIS WS G-3
Total margin
+16.8% (FY25)
Net income ÷ total revenue incl. nonoperating
HCRIS WS G-3
Days cash on hand
131d (FY25)
Cash, investments & board-designated reserves ÷ daily operating expense (excl. depreciation)
HCRIS WS G / G-3
Current ratio
5.76× (FY25)
Total current assets ÷ current liabilities
HCRIS WS G
Equity financing ratio
80% (FY25)
Total net assets ÷ total assets
HCRIS WS G
Days in net patient A/R
Not shown, outside plausibility bounds
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
HCRIS WS G / G-3
$ in thousands
Line itemFY23FY24FY25
Patient revenue277,330304,507332,228
Other operating revenue21,70324,09725,098
Total operating revenue299,033328,604357,326
Total operating expenses280,458293,552313,265
Operating income18,57535,05244,061
Operating margin %+6.2%+10.7%+12.3%
Grants & contributions4331,7751,529
Investment income6,6885,0955,884
Other non-operating, net12,29316,87011,692
Net income37,98958,79263,166
Net income %+11.9%+16.7%+16.8%
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 138-bed hospital at 60% occupancy 67% 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
60.4%
Verified fact2025
HCRIS WS S-3
Average daily census
83.52
Verified fact2025
HCRIS WS S-3
Staffed beds (acute)
138
Verified fact2025
HCRIS WS S-3
Annual discharges
8,133
Verified fact2025
HCRIS WS S-3
Average length of stay
3.7d
Verified fact2025
HCRIS WS S-3
Outpatient share of patient revenue
66.7%
Verified fact2025
HCRIS WS G-2 L28
Total FTEs
1,441
Verified fact2025
HCRIS WS S-3 Pt II
Contract labor share of labor cost
16.9%
Verified fact2025
HCRIS WS S-3 Pt V
Who it serves
Total unreimbursed & uncompensated care
$12.5M
Verified fact2024
HCRIS WS S-10 line 31
How the care measures up
C. difficile infection (SIR)
0.069
Better than the National Benchmark
CMS-reported measure07/01/2024 to 06/30/2025
CMS Care Compare
Hospital-wide unplanned readmission
14.4%
No Different Than the National Rate
CMS-reported measure07/01/2023 to 06/30/2024
CMS Care Compare
Medicare spending per beneficiary
1
CMS-reported measure01/01/2024 to 12/31/2024
CMS Care Compare
Patient-safety composite (PSI-90)
0.902999
CMS-reported measure07/01/2022 to 06/30/2024
CMS Care Compare

Trajectory

Cost-report basis · 6 reporting years
Operating margin
+10.8%+9.5%+2.6%+6.2%+10.7%+12.3%FY20FY21FY22FY23FY24FY25
Days cash on hand
571 days506 days881 days74 days84 days131 daysFY20FY21FY22FY23FY24FY25

The county this hospital serves

BURKE County, NC · metro, 250K–1M
Median household income
$55.7K
vs $82.1K US · $59.7K rural median
Poverty rate
17.9%
vs 12.5% US · 14.3% rural median
Uninsured
11.5%
vs 8.6% US · 8.4% rural median
Age 65+
21.2%
vs 16.8% US · 20.6% rural median
Fair or poor health
21.0%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 12.1% of county personal income is Medicare/Medicaid medical benefits; 29.9% arrives as government transfers (BEA, 2022).

Portfolio Performance ReviewFrom $7,500Founding Edition

Every facility in your portfolio, benchmarked and triaged: which are fine, which need a closer look, which need attention now. Requires only a CCN roster. Founding Edition: delivered within 30 days of eligibility confirmation, full refund if the published scope cannot be delivered.

build aa21187 · 2026-07-28