A hospital in Erwin, NC. It ran an operating surplus of 24.6% in FY24 on $4.4M of operating revenue. It held 982 days of cash on hand (99th percentile among Psychiatric hospitals on liquidity). Operating margin improved from -15.4% in FY20 to 24.6% in FY24.
Operating margin · FY24
+24.6%
vs Psychiatric hospitals86th pctl of 437 (FY24)
Days cash on hand · FY24
982d
all sources
vs Psychiatric hospitals99th pctl of 376 (FY24)
Total operating revenue · FY24
$4.4M
vs Psychiatric hospitals6th pctl of 509 (FY24)
Total margin · incl. nonoperating · FY24
+70.6%
vs Psychiatric hospitals100th pctl of 434 (FY24)
One point of operating margin at GOOD HOPE HOSPITAL, INC is about $44K per year (1% of FY24 total operating revenue).
Where GOOD HOPE HOSPITAL, sits among Psychiatric hospitals
Operating margin · FY24 pool · n = 437 of 610 filed
Each point is one Psychiatric 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 Psychiatric hospital median is +4.8%. Descriptive context only, not a ranking.
One psychiatric hospitalGOOD HOPEPsychiatric 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.
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
HCRIS WS G / G-3
$ in thousands
Line item
FY22
FY23
FY24
Patient revenue
2,289
2,455
4,409
Other operating revenue
400
400
25
Total operating revenue
2,689
2,855
4,435
Total operating expenses
3,720
3,862
3,344
Operating income
(1,032)
(1,007)
1,091
Operating margin %
-38.4%
-35.3%
+24.6%
Other non-operating, net
986
(451)
8,255
Net income
(46)
(1,458)
9,346
Net income %
-1.3%
-60.6%
+73.6%
HCRIS Worksheet G-3 / S-3 · $ thousands · FY20–FY24 · where other operating income is not reported, total operating revenue reflects net patient revenue alone · FY20–21 may include COVID-era relief funding in nonoperating income
How it operates
quality & operational context · CMS public reporting
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
90.7%
Verified fact2024
HCRIS WS S-3
Average daily census
14.55
Verified fact2024
HCRIS WS S-3
Staffed beds (acute)
16
Verified fact2024
HCRIS WS S-3
Annual discharges
471
Verified fact2024
HCRIS WS S-3
Average length of stay
11.3d
Verified fact2024
HCRIS WS S-3
How the care measures up
No public quality measures are reported for this facility in the current Care Compare refresh.
Trajectory
Cost-report basis · 5 reporting years
Operating margin
Days cash on hand
The county this hospital serves
HARNETT County, NC · nonmetro, urban 20K+, metro-adjacent
Median household income
$69.0K
vs $82.1K US
Poverty rate
14.5%
vs 12.5% US
Uninsured
10.7%
vs 8.6% US
Age 65+
13.4%
vs 16.8% US
Fair or poor health
20.5%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 10.3% of county personal income is Medicare/Medicaid medical benefits; 25.4% arrives as government transfers (BEA, 2022).
The Board Briefing$1,000
The free profile shows the record. The Board Briefing tells you what changed, what matters, and what your board should ask. 35+ pages, built entirely from public sources, no client data required. Delivered within 2 business days. If we cannot deliver the published scope for your facility, you pay nothing.
