A hospital in Astoria, OR. It ran an operating surplus of 8.5% in FY24 on $224.9M of operating revenue. It held 342 days of cash on hand (88th percentile among Critical Access Hospitals on liquidity). Operating margin declined from 10.7% in FY20 to 8.5% in FY24, though it rose 2.6 points in the most recent year.
Operating margin · FY24
+8.5%
vs Critical Access Hospitals79th pctl of 1,340 (FY24)
Days cash on hand · FY24
342d
all sources
vs Critical Access Hospitals88th pctl of 1,325 (FY24)
Total operating revenue · FY24
$224.9M
vs Critical Access Hospitals100th pctl of 1,356 (FY24)
Total margin · incl. nonoperating · FY24
+13.8%
vs Critical Access Hospitals80th pctl of 1,340 (FY24)
Benchmarked within its own FY24 pool (n=1,340); the Critical Access Hospital cohort's current year is FY25.
One point of operating margin at COLUMBIA MEMORIAL HOSPITAL is about $2.2M per year (1% of FY24 total operating revenue).
Where COLUMBIA MEMORIAL HOSPITAL sits among Critical Access Hospitals
Operating margin · FY24 pool · n = 1,340 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 -1.8%. Descriptive context only, not a ranking.
Benchmarked within its own FY24 pool (n=1,340); the Critical Access Hospital cohort's current year is FY25.
One critical access hospitalCOLUMBIA 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
+43.2% (FY24)
80th percentile of 476 CAHs. Full comparison in the CAH Performance Benchmark.
HCRIS cost report · CAH economics engine
Medicare outpatient contribution margin
+65.4% (FY24)
84th percentile of 476 CAHs. Full comparison in the CAH Performance Benchmark.
HCRIS cost report · CAH economics engine
$ in thousands
Line item
FY22
FY23
FY24
Patient revenue
165,933
188,905
223,761
Other operating revenue
1,670
1,269
1,165
Total operating revenue
167,603
190,174
224,926
Total operating expenses
157,302
178,924
205,764
Operating income
10,301
11,250
19,162
Operating margin %
+6.1%
+5.9%
+8.5%
Other non-operating, net
(8,310)
17,554
13,900
Net income
1,991
28,804
33,062
Net income %
+1.2%
+13.9%
+13.8%
HCRIS Worksheet G-3 / S-3 · $ thousands · FY20–FY24 · FY20–21 may include COVID-era relief funding in nonoperating income
How it operates
quality & operational context · CMS public reporting
A 21-bed hospital at 36% occupancy 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
36.2%
Verified fact2024
HCRIS WS S-3
Average daily census
7.63
Verified fact2024
HCRIS WS S-3
Staffed beds (acute)
21
Verified fact2024
HCRIS WS S-3
Annual discharges
1,232
Verified fact2024
HCRIS WS S-3
Average length of stay
2.3d
Verified fact2024
HCRIS WS S-3
Swing-bed average daily census
1.61
Verified fact2024
HCRIS WS S-3 L5–6
Swing-bed share of inpatient days
17.4%
Verified fact2024
HCRIS WS S-3 (acute + swing days)
Outpatient share of patient revenue
89.9%
Verified fact2024
HCRIS WS G-2 L28
Who it serves
Total unreimbursed & uncompensated care
$3.2M
Verified fact2023
HCRIS WS S-10 line 31
How the care measures up
C. difficile infection (SIR)
Results are not available for this reporting period.
CMS-reported measure07/01/2024 to 06/30/2025
CMS Care Compare
Hospital-wide unplanned readmission
Results are not available for this reporting period.
CMS-reported measure07/01/2023 to 06/30/2024
CMS Care Compare
Pricing
Pilot · FY24
Commercial rates vs Medicare
406%
Commercial negotiated rates as a percent of Medicare rates, outpatient basket. 73rd percentile among CAHs.
Hospital price files + Medicare rates
Directional indicator from public price files. Facility-specific rate positioning is the Commercial Pricing Study →
Trajectory
Cost-report basis · 5 reporting years
Operating margin
Days cash on hand
The county this hospital serves
CLATSOP County, OR · nonmetro, urban 20K+, metro-adjacent
Median household income
$68.7K
vs $82.1K US · $59.7K rural median
Poverty rate
12.3%
vs 12.5% US · 14.3% rural median
Uninsured
6.5%
vs 8.6% US · 8.4% rural median
Age 65+
24.3%
vs 16.8% US · 20.6% rural median
Fair or poor health
20.3%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 11.9% of county personal income is Medicare/Medicaid medical benefits; 26.9% arrives as government transfers (BEA, 2022).
What this hospital means to Clatsop County
economic contribution · FY24 cost report
Direct annual spending
$205.8M
total operating expense · reported
Total economic output
$473.3M
× 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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