Astrelis
Urban PPS hospital · Minot, ND

TRINITY HOSPITALS

CCN 350006WARD CountyVoluntary non-profit - Private70 bedsLatest FY 2025
Cost-report basis
HCRIS · as filed
Not audited by Astrelis
The read

A hospital in Minot, ND. It ran an operating loss of 7.1% in FY25 on $502.9M of operating revenue. It held 69 days of cash on hand (65th percentile among Urban PPS hospitals on liquidity). Operating margin declined from 2.9% in FY21 to -7.1% in FY25, though it rose 0.9 points in the most recent year.

Operating margin · FY25
-7.1%
0.9 pts vs FY24
vs Urban PPS hospitals26th pctl of 1,475 (FY25)
Days cash on hand · FY25
69d
all sources
15.1 days vs FY24
vs Urban PPS hospitals65th pctl of 1,386 (FY25)
Total operating revenue · FY25
$502.9M
22.2 $M vs FY24
vs Urban PPS hospitals70th pctl of 1,503 (FY25)
Total margin · incl. nonoperating · FY25
-4.8%
0.2 pts vs FY24
vs Urban PPS hospitals17th pctl of 1,475 (FY25)
One point of operating margin at TRINITY HOSPITALS is about $5.0M per year (1% of FY25 total operating revenue).

Where TRINITY HOSPITALS 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%TRINITY HOSPITALS -7.1012276861836945%-20%0%+20%Urban PPS hospital median +1.3311360264910879%TRINITY HOSPITALS -7.1012276861836945%
One urban pps hospitalTRINITY HOSPITALSUrban 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
-7.1% (FY25)
Operating income ÷ total operating revenue
HCRIS WS G-3
Total margin
-4.8% (FY25)
Net income ÷ total revenue incl. nonoperating
HCRIS WS G-3
Days cash on hand
69d (FY25)
Cash, investments & board-designated reserves ÷ daily operating expense (excl. depreciation)
HCRIS WS G / G-3
Current ratio
1.77× (FY25)
Total current assets ÷ current liabilities
HCRIS WS G
Equity financing ratio
37% (FY25)
Total net assets ÷ total assets
HCRIS WS G
Days in net patient A/R
48d (FY25)
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
HCRIS WS G / G-3
$ in thousands
Line itemFY23FY24FY25
Patient revenue461,364471,186493,793
Other operating revenue12,0679,4719,097
Total operating revenue473,432480,658502,889
Total operating expenses486,986519,178538,600
Operating income(13,554)(38,521)(35,711)
Operating margin %-2.9%-8.0%-7.1%
Investment income7,7502,5883,153
Other non-operating, net13,35111,2527,964
Net income7,547(24,681)(24,594)
Net income %+1.5%-5.0%-4.8%
HCRIS Worksheet G-3 / S-3 · $ thousands · FY21–FY25 · FY20–21 may include COVID-era relief funding in nonoperating income

How it operates

quality & operational context · CMS public reporting

A 70-bed hospital at 93% occupancy 74% 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
93.2%
Verified fact2025
HCRIS WS S-3
Average daily census
65.42
Verified fact2025
HCRIS WS S-3
Staffed beds (acute)
70
Verified fact2025
HCRIS WS S-3
Annual discharges
7,359
Verified fact2025
HCRIS WS S-3
Average length of stay
3.2d
Verified fact2025
HCRIS WS S-3
Outpatient share of patient revenue
74.0%
Verified fact2025
HCRIS WS G-2 L28
Total FTEs
1,921
Verified fact2025
HCRIS WS S-3 Pt II
Contract labor share of labor cost
10.5%
Verified fact2025
HCRIS WS S-3 Pt V
How the care measures up
C. difficile infection (SIR)
0.351
Better than the National Benchmark
CMS-reported measure07/01/2024 to 06/30/2025
CMS Care Compare
Hospital-wide unplanned readmission
14.6%
No Different Than the National Rate
CMS-reported measure07/01/2023 to 06/30/2024
CMS Care Compare
Medicare spending per beneficiary
0.93
CMS-reported measure01/01/2024 to 12/31/2024
CMS Care Compare
Patient-safety composite (PSI-90)
1.025799
CMS-reported measure07/01/2022 to 06/30/2024
CMS Care Compare

Trajectory

Cost-report basis · 5 reporting years
Operating margin
+2.9%-0.6%-2.9%-8.0%-7.1%FY21FY22FY23FY24FY25
Days cash on hand
281 days153 days100 days84 days69 daysFY21FY22FY23FY24FY25

The county this hospital serves

WARD County, ND
Median household income
$79.3K
vs $82.1K US · $59.7K rural median
Poverty rate
7.8%
vs 12.5% US · 14.3% rural median
Uninsured
6.1%
vs 8.6% US · 8.4% rural median
Age 65+
13.7%
vs 16.8% US · 20.6% rural median
Fair or poor health
15.0%
self-reported, adults · CDC PLACES
Primary-care shortage
Not designated
HRSA HPSA
Economic context: 6.2% of county personal income is Medicare/Medicaid medical benefits; 15.1% arrives as government transfers (BEA, 2022).

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