Astrelis
Urban PPS hospital · Providence, RI

RHODE ISLAND HOSPITAL

CCN 410007Voluntary non-profit - PrivateUrban (USDA RUCC)487 bedsLatest FY 2025
Cost-report basis
HCRIS · as filed
Not audited by Astrelis
The read

A hospital in Providence, RI. It ran an operating loss of 27.2% in FY25 on $1728.2M of operating revenue. It held 153 days of cash on hand (78th percentile among Urban PPS hospitals on liquidity). Operating margin declined from -22.2% in FY20 to -27.2% in FY25. Including nonoperating items, the all-in result was positive at 7.3%.

Operating margin · FY25
-27.2%
1.5 pts vs FY24
vs Urban PPS hospitals7th pctl of 1,475 (FY25)
Days cash on hand · FY25
153d
all sources
12.3 days vs FY24
vs Urban PPS hospitals78th pctl of 1,386 (FY25)
Total operating revenue · FY25
$1.73B
78.9 $M vs FY24
vs Urban PPS hospitals94th pctl of 1,503 (FY25)
Total margin · incl. nonoperating · FY25
+7.3%
0.1 pts vs FY24
vs Urban PPS hospitals54th pctl of 1,475 (FY25)
One point of operating margin at RHODE ISLAND HOSPITAL is about $17.3M per year (1% of FY25 total operating revenue).

Where RHODE ISLAND 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%RHODE ISLAND -27.243657657893277%-20%0%+20%Urban PPS hospital median +1.3311360264910879%RHODE ISLAND -27.243657657893277%
One urban pps hospitalRHODE ISLANDUrban 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
-27.2% (FY25)
Operating income ÷ total operating revenue
HCRIS WS G-3
Total margin
+7.3% (FY25)
Net income ÷ total revenue incl. nonoperating
HCRIS WS G-3
Days cash on hand
153d (FY25)
Cash, investments & board-designated reserves ÷ daily operating expense (excl. depreciation)
HCRIS WS G / G-3
Current ratio
1.57× (FY25)
Total current assets ÷ current liabilities
HCRIS WS G
Equity financing ratio
56% (FY25)
Total net assets ÷ total assets
HCRIS WS G
Days in net patient A/R
40d (FY25)
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
HCRIS WS G / G-3
$ in thousands
Line itemFY23FY24FY25
Patient revenue1,516,9921,649,2981,728,234
Total operating revenue1,516,9921,649,2981,728,234
Total operating expenses1,896,0302,073,2692,199,068
Operating income(379,037)(423,971)(470,834)
Operating margin %-25.0%-25.7%-27.2%
Investment income7,1197,3767,966
Other non-operating, net407,194574,230633,364
Net income35,276157,635170,496
Net income %+1.8%+7.1%+7.2%
HCRIS Worksheet G-3 / S-3 · $ thousands · FY20–FY25 · where other operating income is not reported, total operating revenue reflects net patient revenue alone · FY20–21 may include COVID-era relief funding in nonoperating income

How it operates

quality & operational context · CMS public reporting

A 487-bed hospital at 84% occupancy 60% 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
83.6%
Verified fact2025
HCRIS WS S-3
Average daily census
408.10
Verified fact2025
HCRIS WS S-3
Staffed beds (acute)
487
Verified fact2025
HCRIS WS S-3
Annual discharges
32,381
Verified fact2025
HCRIS WS S-3
Average length of stay
4.6d
Verified fact2025
HCRIS WS S-3
Outpatient share of patient revenue
60.0%
Verified fact2025
HCRIS WS G-2 L28
Total FTEs
6,587
Verified fact2025
HCRIS WS S-3 Pt II
Contract labor share of labor cost
23.3%
Verified fact2025
HCRIS WS S-3 Pt V
Who it serves
Total unreimbursed & uncompensated care
$56.1M
Verified fact2023
HCRIS WS S-10 line 31
How the care measures up
C. difficile infection (SIR)
0.317
Better than the National Benchmark
CMS-reported measure07/01/2024 to 06/30/2025
CMS Care Compare
Hospital-wide unplanned readmission
14.9%
No Different Than the National Rate
CMS-reported measure07/01/2023 to 06/30/2024
CMS Care Compare
Medicare spending per beneficiary
1.02
CMS-reported measure01/01/2024 to 12/31/2024
CMS Care Compare
Patient-safety composite (PSI-90)
0.754613
CMS-reported measure07/01/2022 to 06/30/2024
CMS Care Compare

Trajectory

Cost-report basis · 6 reporting years
Operating margin
-22.2%-27.1%-28.1%-25.0%-25.7%-27.2%FY20FY21FY22FY23FY24FY25
Days cash on hand
163 days198 days128 days123 days166 days153 daysFY20FY21FY22FY23FY24FY25

The county this hospital serves

PROVIDENCE County, RI
Median household income
$78.2K
vs $82.1K US · $59.7K rural median
Poverty rate
13.0%
vs 12.5% US · 14.3% rural median
Uninsured
5.3%
vs 8.6% US · 8.4% rural median
Age 65+
16.0%
vs 16.8% US · 20.6% rural median
Fair or poor health
18.6%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 11.4% of county personal income is Medicare/Medicaid medical benefits; 23.1% arrives as government transfers (BEA, 2022).

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