Astrelis
Urban PPS hospital · Springfield, OH

OHIO VALLEY SURGICAL HOSPITAL

CCN 360355CLARK CountyVoluntary non-profit - PrivateUrban (USDA RUCC)24 bedsLatest FY 2024
Cost-report basis
HCRIS · as filed
Not audited by Astrelis
The read

A hospital in Springfield, OH. It ran an operating loss of 2.9% in FY24 on $56.5M of operating revenue. It held 19 days of cash on hand (48th percentile among Urban PPS hospitals on liquidity).

Operating margin · FY24
-2.9%
vs Urban PPS hospitals35th pctl of 2,562 (FY24)
Days cash on hand · FY24
19d
all sources
vs Urban PPS hospitals48th pctl of 2,354 (FY24)
Total operating revenue · FY24
$56.5M
vs Urban PPS hospitals12th pctl of 2,608 (FY24)
Total margin · incl. nonoperating · FY24
-0.7%
vs Urban PPS hospitals25th 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 OHIO VALLEY SURGICAL HOSPITAL is about $565K per year (1% of FY24 total operating revenue).

Where OHIO VALLEY SURGICAL 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%OHIO VALLEY -2.917644227877038%-20%0%+20%Urban PPS hospital median +2.027429837815152%OHIO VALLEY -2.917644227877038%
One urban pps hospitalOHIO VALLEYUrban 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
-2.9% (FY24)
Operating income ÷ total operating revenue
HCRIS WS G-3
Total margin
-0.7% (FY24)
Net income ÷ total revenue incl. nonoperating
HCRIS WS G-3
Days cash on hand
19d (FY24)
Cash, investments & board-designated reserves ÷ daily operating expense (excl. depreciation)
HCRIS WS G / G-3
Current ratio
1.39× (FY24)
Total current assets ÷ current liabilities
HCRIS WS G
Equity financing ratio
27% (FY24)
Total net assets ÷ total assets
HCRIS WS G
Days in net patient A/R
30d (FY24)
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
HCRIS WS G / G-3
$ in thousands
Line itemFY22FY23FY24
Patient revenue49,61756,45456,510
Other operating revenue15328
Total operating revenue49,63156,48556,518
Total operating expenses52,72957,55358,167
Operating income(3,098)(1,068)(1,649)
Operating margin %-6.2%-1.9%-2.9%
Grants & contributions814
Investment income8811
Other non-operating, net901,3561,231
Net income(2,186)296(407)
Net income %-4.3%+0.5%-0.7%
HCRIS Worksheet G-3 / S-3 · $ thousands · FY20–FY24 · FY20–21 may include COVID-era relief funding in nonoperating income
FY20, FY21 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 24-bed hospital at 4% occupancy 94% 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
4.4%
Verified fact2024
HCRIS WS S-3
Average daily census
1.05
Verified fact2024
HCRIS WS S-3
Staffed beds (acute)
24
Verified fact2024
HCRIS WS S-3
Annual discharges
187
Verified fact2024
HCRIS WS S-3
Average length of stay
2.1d
Verified fact2024
HCRIS WS S-3
Outpatient share of patient revenue
94.2%
Verified fact2024
HCRIS WS G-2 L28
Total FTEs
227
Verified fact2024
HCRIS WS S-3 Pt II
Contract labor share of labor cost
22.1%
Verified fact2024
HCRIS WS S-3 Pt V
Who it serves
Total unreimbursed & uncompensated care
$2.6M
Verified fact2023
HCRIS WS S-10 line 31
How the care measures up
C. difficile infection (SIR)
Results cannot be calculated for this reporting period.
CMS-reported measure07/01/2024 to 06/30/2025
CMS Care Compare
Hospital-wide unplanned readmission
14.5%
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)
0.94086
CMS-reported measure07/01/2022 to 06/30/2024
CMS Care Compare

Trajectory

Cost-report basis · 5 reporting years
Operating margin
-2.6%-2.3%-6.2%-1.9%-2.9%FY20FY21FY22FY23FY24
Days cash on hand
87 days34 days25 days10 days19 daysFY20FY21FY22FY23FY24

The county this hospital serves

CLARK County, OH · metro, under 250K
Median household income
$60.8K
vs $82.1K US · $59.7K rural median
Poverty rate
15.6%
vs 12.5% US · 14.3% rural median
Uninsured
6.8%
vs 8.6% US · 8.4% rural median
Age 65+
20.0%
vs 16.8% US · 20.6% rural median
Fair or poor health
22.4%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 14.5% of county personal income is Medicare/Medicaid medical benefits; 29.5% arrives as government transfers (BEA, 2022).

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