Astrelis
Urban PPS hospital · Charlotte, NC

ATRIUM HEALTH PINEVILLE

CCN 340098MECKLENBURG CountyGovernment - Hospital District or AuthorityUrban (USDA RUCC)332 bedsLatest FY 2024
Cost-report basis
HCRIS · as filed
Not audited by Astrelis
The read

A hospital in Charlotte, NC. It ran an operating surplus of 27.6% in FY24 on $717.6M of operating revenue. It held 0 days of cash on hand (0th percentile among Urban PPS hospitals on liquidity). Operating margin declined from 30.5% in FY20 to 27.6% in FY24.

Operating margin · FY24
+27.6%
1.4 pts vs FY23
vs Urban PPS hospitals94th pctl of 2,562 (FY24)
Days cash on hand · FY24
0d
all sources
0.0 days vs FY22
vs Urban PPS hospitals0th pctl of 2,354 (FY24)
Total operating revenue · FY24
$717.6M
64.5 $M vs FY23
vs Urban PPS hospitals82nd pctl of 2,608 (FY24)
Total margin · incl. nonoperating · FY24
+28.6%
1.4 pts vs FY23
vs Urban PPS hospitals95th 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 ATRIUM HEALTH PINEVILLE is about $7.2M per year (1% of FY24 total operating revenue).

Where ATRIUM HEALTH PINEVILLE 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%ATRIUM HEALTH +27.62263212751793%-20%0%+20%Urban PPS hospital median +2.027429837815152%ATRIUM HEALTH +27.62263212751793%
One urban pps hospitalATRIUM HEALTHUrban 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
+27.6% (FY24)
Operating income ÷ total operating revenue
HCRIS WS G-3
Total margin
+28.6% (FY24)
Net income ÷ total revenue incl. nonoperating
HCRIS WS G-3
Days cash on hand
0d (FY24)
Cash, investments & board-designated reserves ÷ daily operating expense (excl. depreciation)
HCRIS WS G / G-3
Current ratio
Not shown, outside plausibility bounds
Total current assets ÷ current liabilities
HCRIS WS G
Equity financing ratio
98% (FY24)
Total net assets ÷ total assets
HCRIS WS G
Days in net patient A/R
53d (FY24)
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
HCRIS WS G / G-3
$ in thousands
Line itemFY22FY23FY24
Patient revenue575,149652,261717,010
Other operating revenue661778549
Total operating revenue575,810653,039717,559
Total operating expenses427,017463,747519,350
Operating income148,793189,293198,209
Operating margin %+25.8%+29.0%+27.6%
Grants & contributions143359
Investment income3722
Other non-operating, net12,39910,20410,247
Net income161,372199,534208,467
Net income %+27.4%+30.1%+28.6%
HCRIS Worksheet G-3 / S-3 · $ thousands · FY20–FY24 · FY20–21 may include COVID-era relief funding in nonoperating income

How it operates

quality & operational context · CMS public reporting

A 332-bed hospital at 83% occupancy 47% 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
83.4%
Verified fact2024
HCRIS WS S-3
Average daily census
280.33
Verified fact2024
HCRIS WS S-3
Staffed beds (acute)
332
Verified fact2024
HCRIS WS S-3
Annual discharges
24,190
Verified fact2024
HCRIS WS S-3
Average length of stay
4.2d
Verified fact2024
HCRIS WS S-3
Outpatient share of patient revenue
47.5%
Verified fact2024
HCRIS WS G-2 L28
Total FTEs
2,092
Verified fact2024
HCRIS WS S-3 Pt II
Contract labor share of labor cost
18.8%
Verified fact2024
HCRIS WS S-3 Pt V
Who it serves
Total unreimbursed & uncompensated care
$26.2M
Verified fact2023
HCRIS WS S-10 line 31
How the care measures up
C. difficile infection (SIR)
0.312
Better than the National Benchmark
CMS-reported measure07/01/2024 to 06/30/2025
CMS Care Compare
Hospital-wide unplanned readmission
15.5%
No Different Than the National Rate
CMS-reported measure07/01/2023 to 06/30/2024
CMS Care Compare
Medicare spending per beneficiary
0.94
CMS-reported measure01/01/2024 to 12/31/2024
CMS Care Compare
Patient-safety composite (PSI-90)
1.039941
CMS-reported measure07/01/2022 to 06/30/2024
CMS Care Compare

Trajectory

Cost-report basis · 5 reporting years
Operating margin
+30.5%+32.1%+25.8%+29.0%+27.6%FY20FY21FY22FY23FY24
Days cash on hand
0 days0 days0 days0 daysFY20FY21FY22FY23FY24

The county this hospital serves

MECKLENBURG County, NC · metro, 1M+ population
Median household income
$83.8K
vs $82.1K US · $59.7K rural median
Poverty rate
10.4%
vs 12.5% US · 14.3% rural median
Uninsured
11.6%
vs 8.6% US · 8.4% rural median
Age 65+
11.7%
vs 16.8% US · 20.6% rural median
Fair or poor health
15.9%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 4.3% of county personal income is Medicare/Medicaid medical benefits; 11.2% arrives as government transfers (BEA, 2022).

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