Astrelis
Critical Access Hospital · Nags Head, NC

THE OUTER BANKS HOSPITAL, INC

CCN 341324DARE CountyVoluntary non-profit - PrivateRural (USDA RUCC)21 bedsLatest FY 2025
Cost-report basis
HCRIS · as filed
Not audited by Astrelis
The read

A hospital in Nags Head, NC. It ran an operating surplus of 28.4% in FY25 on $126.2M of operating revenue. It held 116 days of cash on hand (53rd percentile among Critical Access Hospitals on liquidity).

Operating margin · FY25
+28.4%
vs Critical Access Hospitals97th pctl of 824 (FY25)
Days cash on hand · FY25
116d
all sources
vs Critical Access Hospitals53rd pctl of 827 (FY25)
Total operating revenue · FY25
$126.2M
vs Critical Access Hospitals96th pctl of 833 (FY25)
Total margin · incl. nonoperating · FY25
+30.1%
vs Critical Access Hospitals97th pctl of 824 (FY25)
One point of operating margin at THE OUTER BANKS HOSPITAL, INC is about $1.3M per year (1% of FY25 total operating revenue).

Where THE OUTER BANKS sits among Critical Access Hospitals

Operating margin · FY25 pool · n = 824 of 1,404 filed

Each point is one Critical Access 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 Critical Access Hospital median is -0.2%. Descriptive context only, not a ranking.

-20%-10%0%+10%+20%Critical Access Hospital median -0.24974129749702573%THE OUTER +28.443015825614854%-20%0%+20%Critical Access Hospital median -0.24974129749702573%THE OUTER +28.443015825614854%
One critical access hospitalTHE OUTERCritical Access 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
+28.4% (FY25)
Operating income ÷ total operating revenue
HCRIS WS G-3
Total margin
+30.1% (FY25)
Net income ÷ total revenue incl. nonoperating
HCRIS WS G-3
Days cash on hand
116d (FY25)
Cash, investments & board-designated reserves ÷ daily operating expense (excl. depreciation)
HCRIS WS G / G-3
Current ratio
17.75× (FY25)
Total current assets ÷ current liabilities
HCRIS WS G
Equity financing ratio
95% (FY25)
Total net assets ÷ total assets
HCRIS WS G
Days in net patient A/R
56d (FY25)
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
HCRIS WS G / G-3
Medicare inpatient contribution margin
+52.4% (FY25)
91st percentile of 171 CAHs. Full comparison in the CAH Performance Benchmark.
HCRIS cost report · CAH economics engine
Medicare outpatient contribution margin
+64.7% (FY25)
88th percentile of 171 CAHs. Full comparison in the CAH Performance Benchmark.
HCRIS cost report · CAH economics engine
$ in thousands
Line itemFY23FY24FY25
Patient revenue96,664106,300122,239
Other operating revenue1,4027,3274,006
Total operating revenue98,066113,628126,245
Total operating expenses73,03286,09490,337
Operating income25,03527,53335,908
Operating margin %+25.5%+24.2%+28.4%
Grants & contributions1996
Investment income2,4693,1391,609
Other non-operating, net00299
Net income27,50530,67238,812
Net income %+27.4%+26.3%+30.1%
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 21-bed hospital at 46% occupancy 86% 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
46.1%
Verified fact2025
HCRIS WS S-3
Average daily census
9.71
Verified fact2025
HCRIS WS S-3
Staffed beds (acute)
21
Verified fact2025
HCRIS WS S-3
Annual discharges
1,407
Verified fact2025
HCRIS WS S-3
Average length of stay
2.5d
Verified fact2025
HCRIS WS S-3
Outpatient share of patient revenue
86.1%
Verified fact2025
HCRIS WS G-2 L28
Who it serves
Total unreimbursed & uncompensated care
$6.4M
Verified fact2023
HCRIS WS S-10 line 31
How the care measures up
C. difficile infection (SIR)
0
No Different than 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

Trajectory

Cost-report basis · 6 reporting years
Operating margin
+28.1%+33.5%+27.4%+25.5%+24.2%+28.4%FY20FY21FY22FY23FY24FY25
Days cash on hand
313 days337 days323 days271 days37 days116 daysFY20FY21FY22FY23FY24FY25

The county this hospital serves

DARE County, NC · nonmetro, urban 20K+, metro-adjacent
Median household income
$81.2K
vs $82.1K US · $59.7K rural median
Poverty rate
7.5%
vs 12.5% US · 14.3% rural median
Uninsured
8.9%
vs 8.6% US · 8.4% rural median
Age 65+
24.3%
vs 16.8% US · 20.6% rural median
Fair or poor health
15.5%
self-reported, adults · CDC PLACES
Primary-care shortage
Not designated
HRSA HPSA
Economic context: 5.7% of county personal income is Medicare/Medicaid medical benefits; 17.7% arrives as government transfers (BEA, 2022).

What this hospital means to Dare County

economic contribution · FY25 cost report
Direct annual spending
$90.3M
total operating expense · reported
Total economic output
$207.8M
× 2.30 output multiplier · estimate, upper bound for rural
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). Direct figures are reported values from the facility's HCRIS cost report; multiplied figures are estimates.

CAH Performance Benchmark$2,500Founding Edition

Where this facility is underperforming its matched peer cohort and what that gap is worth, measure by measure. Founding Edition: delivered within 30 days of eligibility confirmation, full refund if the published scope cannot be delivered.

Commercial Pricing Study$10,000CAH only, subject to data validation

Your negotiated commercial rates against Medicare and against peers, from hospitals' own published price files. We validate your hospital's rate file before taking payment.

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