Astrelis
Urban PPS hospital · Ravenna, OH

UNIVERSITY HOSPITALS PORTAGE MEDICAL CENTER

CCN 360078PORTAGE CountyVoluntary non-profit - PrivateUrban (USDA RUCC)83 bedsLatest FY 2024
Cost-report basis
HCRIS · as filed
Not audited by Astrelis
The read

A hospital in Ravenna, OH. It ran an operating loss of 6.2% in FY24 on $167.4M of operating revenue. It held 12 days of cash on hand (43rd percentile among Urban PPS hospitals on liquidity). Operating margin declined from -2.7% in FY20 to -6.2% in FY24, though it rose 2.5 points in the most recent year. Including nonoperating items, the all-in result was positive at 1.2%.

Operating margin · FY24
-6.2%
2.5 pts vs FY23
vs Urban PPS hospitals27th pctl of 2,562 (FY24)
Days cash on hand · FY24
12d
all sources
0.7 days vs FY23
vs Urban PPS hospitals43rd pctl of 2,354 (FY24)
Total operating revenue · FY24
$167.4M
9.5 $M vs FY23
vs Urban PPS hospitals35th pctl of 2,608 (FY24)
Total margin · incl. nonoperating · FY24
+1.2%
1.9 pts vs FY23
vs Urban PPS hospitals33rd 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 UNIVERSITY HOSPITALS PORTAGE MEDICAL CENTER is about $1.7M per year (1% of FY24 total operating revenue).

Where UNIVERSITY HOSPITALS PORTAGE 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%UNIVERSITY HOSPITALS -6.169171284312823%-20%0%+20%Urban PPS hospital median +2.027429837815152%UNIVERSITY HOSPITALS -6.169171284312823%
One urban pps hospitalUNIVERSITY 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
-6.2% (FY24)
Operating income ÷ total operating revenue
HCRIS WS G-3
Total margin
+1.2% (FY24)
Net income ÷ total revenue incl. nonoperating
HCRIS WS G-3
Days cash on hand
12d (FY24)
Cash, investments & board-designated reserves ÷ daily operating expense (excl. depreciation)
HCRIS WS G / G-3
Current ratio
3.02× (FY24)
Total current assets ÷ current liabilities
HCRIS WS G
Equity financing ratio
90% (FY24)
Total net assets ÷ total assets
HCRIS WS G
Days in net patient A/R
49d (FY24)
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
HCRIS WS G / G-3
$ in thousands
Line itemFY22FY23FY24
Patient revenue163,268155,807165,988
Other operating revenue7922,1431,450
Total operating revenue164,060157,950167,437
Total operating expenses169,391171,705177,767
Operating income(5,331)(13,755)(10,329)
Operating margin %-3.2%-8.7%-6.2%
Other non-operating, net8,62812,57812,549
Net income3,297(1,177)2,220
Net income %+1.9%-0.7%+1.2%
HCRIS Worksheet G-3 / S-3 · $ thousands · FY20–FY24 · FY20–21 may include COVID-era relief funding in nonoperating income
FY20, FY21, FY22, FY23, FY24 net patient A/R is not shown: gross A/R was not reported on the filing, making the derived net figure spurious (AR quality flag).

How it operates

quality & operational context · CMS public reporting

A 83-bed hospital at 67% occupancy 66% 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
67.4%
Verified fact2024
HCRIS WS S-3
Average daily census
56.12
Verified fact2024
HCRIS WS S-3
Staffed beds (acute)
83
Verified fact2024
HCRIS WS S-3
Annual discharges
5,449
Verified fact2024
HCRIS WS S-3
Average length of stay
3.8d
Verified fact2024
HCRIS WS S-3
Outpatient share of patient revenue
66.3%
Verified fact2024
HCRIS WS G-2 L28
Total FTEs
775.40
Verified fact2024
HCRIS WS S-3 Pt II
Contract labor share of labor cost
18.7%
Verified fact2024
HCRIS WS S-3 Pt V
Who it serves
Total unreimbursed & uncompensated care
$12.9M
Verified fact2023
HCRIS WS S-10 line 31
How the care measures up
C. difficile infection (SIR)
0.512
No Different than 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
0.95
CMS-reported measure01/01/2024 to 12/31/2024
CMS Care Compare
Patient-safety composite (PSI-90)
0.856028
CMS-reported measure07/01/2022 to 06/30/2024
CMS Care Compare

Trajectory

Cost-report basis · 5 reporting years
Operating margin
-2.7%+3.0%-3.2%-8.7%-6.2%FY20FY21FY22FY23FY24
Days cash on hand
14 days15 days10 days11 days12 daysFY20FY21FY22FY23FY24

The county this hospital serves

PORTAGE County, OH · metro, 250K–1M
Median household income
$72.8K
vs $82.1K US · $59.7K rural median
Poverty rate
11.4%
vs 12.5% US · 14.3% rural median
Uninsured
5.2%
vs 8.6% US · 8.4% rural median
Age 65+
17.8%
vs 16.8% US · 20.6% rural median
Fair or poor health
18.0%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 9.0% of county personal income is Medicare/Medicaid medical benefits; 20.7% arrives as government transfers (BEA, 2022).

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