A hospital in Garner, NC. It ran an operating loss of 15.3% in FY24 on $18.8M of operating revenue. Only a single comparable reporting year is available, so trend context is limited.
Operating margin · FY24
-15.3%
vs Psychiatric hospitals16th pctl of 437 (FY24)
Days cash on hand
Not available
all sources
vs Psychiatric hospitals—
Total operating revenue · FY24
$18.8M
vs Psychiatric hospitals41st pctl of 509 (FY24)
Total margin · incl. nonoperating · FY24
-15.3%
vs Psychiatric hospitals10th pctl of 434 (FY24)
One point of operating margin at RALEIGH OAKS BEHAVIORAL HEALTH is about $188K per year (1% of FY24 total operating revenue).
Where RALEIGH OAKS BEHAVIORAL 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 hospitalRALEIGH OAKSPsychiatric 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.
Not shown, balance sheet did not reconcile as filed
Total current assets ÷ current liabilities
HCRIS WS G
Equity financing ratio
Not shown, balance sheet did not reconcile as filed
Total net assets ÷ total assets
HCRIS WS G
Days in net patient A/R
Not shown, balance sheet did not reconcile as filed
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
HCRIS WS G / G-3
$ in thousands
Line item
FY23
FY24
Patient revenue
8,624
18,844
Other operating revenue
7
—
Total operating revenue
8,631
18,844
Total operating expenses
13,044
21,734
Operating income
(4,413)
(2,890)
Operating margin %
-51.1%
-15.3%
Other non-operating, net
1
13
Net income
(4,412)
(2,877)
Net income %
-51.1%
-15.3%
2 of 3 years available for this statement.
HCRIS Worksheet G-3 / S-3 · $ thousands · FY23–FY24 · where other operating income is not reported, total operating revenue reflects net patient revenue alone
How it operates
quality & operational context · CMS public reporting
A 102-bed hospital at 60% occupancy 0% 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
60.0%
Verified fact2024
HCRIS WS S-3
Average daily census
61.42
Verified fact2024
HCRIS WS S-3
Staffed beds (acute)
102
Verified fact2024
HCRIS WS S-3
Annual discharges
2,669
Verified fact2024
HCRIS WS S-3
Average length of stay
8.4d
Verified fact2024
HCRIS WS S-3
Outpatient share of patient revenue
0.3%
Verified fact2024
HCRIS WS G-2 L28
How the care measures up
No public quality measures are reported for this facility in the current Care Compare refresh.
Trajectory
Cost-report basis · 2 reporting years
Operating margin
Days cash on hand
FY24 days cash suppressed: out of display range.
The county this hospital serves
WAKE County, NC
Median household income
$79.8K
vs $82.1K US
Poverty rate
11.2%
vs 12.5% US
Uninsured
11.1%
vs 8.6% US
Age 65+
13.5%
vs 16.8% US
Fair or poor health
18.7%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 7.2% of county personal income is Medicare/Medicaid medical benefits; 18.9% arrives as government transfers (BEA, 2022).
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