A hospital in Kenton, OH. It ran an operating surplus of 14.1% in FY25 on $42.7M of operating revenue. It held 0 days of cash on hand (0th percentile among Critical Access Hospitals on liquidity). Operating margin declined from 21.6% in FY21 to 14.1% in FY25.
Operating margin · FY25
+14.1%
▼ 1.3 pts vs FY24
vs Critical Access Hospitals87th pctl of 824 (FY25)
Days cash on hand · FY25
0d
all sources
▼ 1.0 days vs FY24
vs Critical Access Hospitals0th pctl of 827 (FY25)
Total operating revenue · FY25
$42.7M
▲ 0.2 $M vs FY24
vs Critical Access Hospitals65th pctl of 833 (FY25)
Total margin · incl. nonoperating · FY25
+14.3%
▼ 1.3 pts vs FY24
vs Critical Access Hospitals78th pctl of 824 (FY25)
One point of operating margin at HARDIN MEMORIAL HOSPITAL is about $427K per year (1% of FY25 total operating revenue).
Where HARDIN MEMORIAL HOSPITAL sits among Critical Access Hospitals
Operating margin · FY25 pool · n = 824 of 1,404 filed
Each point is one Critical Access 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 Critical Access Hospital median is -0.2%. Descriptive context only, not a ranking.
One critical access hospitalHARDIN MEMORIALCritical Access 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
Medicare inpatient contribution margin
+47.6% (FY24)
Full comparison in the CAH Performance Benchmark.
HCRIS cost report · CAH economics engine
Medicare outpatient contribution margin
+57.4% (FY24)
Full comparison in the CAH Performance Benchmark.
HCRIS cost report · CAH economics engine
$ in thousands
Line item
FY23
FY24
FY25
Patient revenue
37,951
41,470
42,288
Other operating revenue
447
1,005
435
Total operating revenue
38,398
42,476
42,723
Total operating expenses
34,124
35,913
36,697
Operating income
4,274
6,562
6,026
Operating margin %
+11.1%
+15.4%
+14.1%
Investment income
168
4
12
Other non-operating, net
87
92
90
Net income
4,529
6,658
6,128
Net income %
+11.7%
+15.6%
+14.3%
HCRIS Worksheet G-3 / S-3 · $ thousands · FY21–FY25 · FY20–21 may include COVID-era relief funding in nonoperating income
FY22, FY23, FY24, FY25 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 25-bed hospital at 10% occupancy where swing beds are 52% of the inpatient business and 90% 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
10.0%
Verified fact2025
HCRIS WS S-3
Average daily census
2.51
Verified fact2025
HCRIS WS S-3
Staffed beds (acute)
25
Verified fact2025
HCRIS WS S-3
Annual discharges
342
Verified fact2025
HCRIS WS S-3
Average length of stay
2.7d
Verified fact2025
HCRIS WS S-3
Swing-bed average daily census
2.68
Verified fact2025
HCRIS WS S-3 L5–6
Swing-bed share of inpatient days
51.6%
Verified fact2025
HCRIS WS S-3 (acute + swing days)
Outpatient share of patient revenue
90.4%
Verified fact2025
HCRIS WS G-2 L28
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
15%
No Different Than the National Rate
CMS-reported measure07/01/2023 to 06/30/2024
CMS Care Compare
Trajectory
Cost-report basis · 5 reporting years
Operating margin
Days cash on hand
The county this hospital serves
HARDIN County, OH
Median household income
$58.0K
vs $82.1K US · $59.7K rural median
Poverty rate
18.2%
vs 12.5% US · 14.3% rural median
Uninsured
11.9%
vs 8.6% US · 8.4% rural median
Age 65+
16.1%
vs 16.8% US · 20.6% rural median
Fair or poor health
20.7%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 13.3% of county personal income is Medicare/Medicaid medical benefits; 29.0% arrives as government transfers (BEA, 2022).
What this hospital means to Hardin County
economic contribution · FY25 cost report
Direct annual spending
$36.7M
total operating expense · reported
Total economic output
$84.4M
× 2.30 output multiplier · estimate, upper bound for rural
Method: NCRHW 2016 study of critical access hospitals (IMPLAN Type II), employment × 1.34, earnings × 1.19; output × 2.30 (AHA national, upper bound for rural). Direct figures are reported values from the facility's HCRIS cost report; multiplied figures are estimates.
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