Astrelis
Urban PPS hospital · Philadelphia, PA

WILLS EYE HOSPITAL

CCN 390331PHILADELPHIA CountyVoluntary non-profit - PrivateUrban (USDA RUCC)4 bedsLatest FY 2025
Cost-report basis
HCRIS · as filed
Not audited by Astrelis
The read

A hospital in Philadelphia, PA. It ran an operating loss of 22.3% in FY25 on $45.7M of operating revenue. It held 145 days of cash on hand (77th percentile among Urban PPS hospitals on liquidity). Operating margin declined from -11.5% in FY21 to -22.3% in FY25, though it rose 7.4 points in the most recent year.

Operating margin · FY25
-22.3%
7.4 pts vs FY24
vs Urban PPS hospitals9th pctl of 1,475 (FY25)
Days cash on hand · FY25
145d
all sources
340.4 days vs FY24
vs Urban PPS hospitals77th pctl of 1,386 (FY25)
Total operating revenue · FY25
$45.7M
2.6 $M vs FY24
vs Urban PPS hospitals8th pctl of 1,503 (FY25)
Total margin · incl. nonoperating · FY25
-12.0%
5.0 pts vs FY24
vs Urban PPS hospitals7th pctl of 1,475 (FY25)
One point of operating margin at WILLS EYE HOSPITAL is about $457K per year (1% of FY25 total operating revenue).

Where WILLS EYE HOSPITAL 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%WILLS EYE -22.278933879164807%-20%0%+20%Urban PPS hospital median +1.3311360264910879%WILLS EYE -22.278933879164807%
One urban pps hospitalWILLS EYEUrban 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
-22.3% (FY25)
Operating income ÷ total operating revenue
HCRIS WS G-3
Total margin
-12.0% (FY25)
Net income ÷ total revenue incl. nonoperating
HCRIS WS G-3
Days cash on hand
145d (FY25)
Cash, investments & board-designated reserves ÷ daily operating expense (excl. depreciation)
HCRIS WS G / G-3
Current ratio
1.92× (FY25)
Total current assets ÷ current liabilities
HCRIS WS G
Equity financing ratio
63% (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 revenue41,20241,87844,372
Other operating revenue1,2691,2201,357
Total operating revenue42,47143,09945,728
Total operating expenses52,13655,87155,916
Operating income(9,665)(12,773)(10,188)
Operating margin %-22.8%-29.6%-22.3%
Grants & contributions1,4162,7144,275
Investment income7,9005,338(1,119)
Other non-operating, net1,0161,0781,042
Net income667(3,643)(5,990)
Net income %+1.3%-7.0%-12.0%
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 4-bed hospital at 43% occupancy 97% 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
42.8%
Verified fact2025
HCRIS WS S-3
Average daily census
1.72
Verified fact2025
HCRIS WS S-3
Staffed beds (acute)
4
Verified fact2025
HCRIS WS S-3
Annual discharges
235
Verified fact2025
HCRIS WS S-3
Average length of stay
2.7d
Verified fact2025
HCRIS WS S-3
Outpatient share of patient revenue
97.5%
Verified fact2025
HCRIS WS G-2 L28
Total FTEs
164.60
Verified fact2025
HCRIS WS S-3 Pt II
Contract labor share of labor cost
25.3%
Verified fact2025
HCRIS WS S-3 Pt V
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
The number of cases/patients is too few to report.
CMS-reported measure07/01/2023 to 06/30/2024
CMS Care Compare
Medicare spending per beneficiary
The number of cases/patients is too few to report.
CMS-reported measure01/01/2024 to 12/31/2024
CMS Care Compare
Patient-safety composite (PSI-90)
The number of cases/patients is too few to report.
CMS-reported measure07/01/2022 to 06/30/2024
CMS Care Compare

Trajectory

Cost-report basis · 5 reporting years
Operating margin
-11.5%-19.4%-22.8%-29.6%-22.3%FY21FY22FY23FY24FY25
Days cash on hand
961 days688 days561 days485 days145 daysFY21FY22FY23FY24FY25

The county this hospital serves

PHILADELPHIA County, PA
Median household income
$60.7K
vs $82.1K US · $59.7K rural median
Poverty rate
22.0%
vs 12.5% US · 14.3% rural median
Uninsured
7.2%
vs 8.6% US · 8.4% rural median
Age 65+
14.4%
vs 16.8% US · 20.6% rural median
Fair or poor health
Not available
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 16.9% of county personal income is Medicare/Medicaid medical benefits; 28.2% arrives as government transfers (BEA, 2022).

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