Astrelis
Psychiatric hospital · Providence, RI

BUTLER HOSPITAL

CCN 414000PROVIDENCE CountyVoluntary non-profit - PrivateUrban (USDA RUCC)168 bedsLatest FY 2025
Cost-report basis
HCRIS · as filed
Not audited by Astrelis
Financial anchor year: FY25. Margin and revenue are as filed for FY25. Balance-sheet measures (current ratio, equity financing, days in A/R) use FY24, the latest filing whose balance sheet reconciled as filed. Days cash on hand is FY24, the most recent year that passed the display gate. Every tile below states its own fiscal year; nothing is carried forward or estimated.
The read

A hospital in Providence, RI. It ran an operating loss of 56.8% in FY25 on $137.6M of operating revenue. It held 30 days of cash on hand in FY24, its most recent reported liquidity (73rd percentile among Psychiatric hospitals on liquidity). Operating margin declined from -44.9% in FY20 to -56.8% in FY25.

Operating margin · FY25
-56.8%
25.4 pts vs FY24
vs Psychiatric hospitals4th pctl of 437 (FY24)
Days cash on hand · FY24
30d
all sources
113.0 days vs FY23
vs Psychiatric hospitals73rd pctl of 376 (FY24)
Total operating revenue · FY25
$137.6M
16.9 $M vs FY24
vs Psychiatric hospitals98th pctl of 509 (FY24)
Total margin · incl. nonoperating · FY25
-17.2%
29.9 pts vs FY24
vs Psychiatric hospitals8th pctl of 434 (FY24)
This facility's newest settled year, FY25, has not yet reached pool validity: benchmarked against the FY24 pool (n=437).
One point of operating margin at BUTLER HOSPITAL is about $1.4M per year (1% of FY25 total operating revenue).

Where BUTLER HOSPITAL sits among Psychiatric hospitals

Operating margin · FY24 pool · n = 437 of 610 filed

Each point is one Psychiatric 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 Psychiatric hospital median is +4.8%. Descriptive context only, not a ranking.

This facility's newest settled year, FY25, has not yet reached pool validity: benchmarked against the FY24 pool (n=437).
-20%-10%0%+10%+20%Psychiatric hospital median +4.788257940327237%BUTLER HOSPITAL -56.821021552310015%-20%0%+20%Psychiatric hospital median +4.788257940327237%BUTLER HOSPITAL -56.821021552310015%
One psychiatric hospitalBUTLER HOSPITALPsychiatric 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
-56.8% (FY25)
Operating income ÷ total operating revenue
HCRIS WS G-3
Total margin
-17.2% (FY25)
Net income ÷ total revenue incl. nonoperating
HCRIS WS G-3
Days cash on hand
30d (FY24)
Cash, investments & board-designated reserves ÷ daily operating expense (excl. depreciation)
HCRIS WS G / G-3
Current ratio
2.34× (FY24)
Total current assets ÷ current liabilities
HCRIS WS G
Equity financing ratio
73% (FY24)
Total net assets ÷ total assets
HCRIS WS G
Days in net patient A/R
34d (FY24)
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
HCRIS WS G / G-3
$ in thousands
Line itemFY23FY24FY25
Patient revenue94,677119,855121,353
Other operating revenue18,53779416,224
Total operating revenue113,214120,650137,577
Total operating expenses128,597158,524215,749
Operating income(15,383)(37,874)(78,173)
Operating margin %-13.6%-31.4%-56.8%
Other non-operating, net24,37960,94446,584
Net income8,99623,070(31,589)
Net income %+6.5%+12.7%-17.2%
HCRIS Worksheet G-3 / S-3 · $ thousands · FY20–FY25 · FY20–21 may include COVID-era relief funding in nonoperating income

How it operates

quality & operational context · CMS public reporting

A 168-bed hospital at 83% occupancy 32% 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
83.2%
Verified fact2025
HCRIS WS S-3
Average daily census
140.08
Verified fact2025
HCRIS WS S-3
Staffed beds (acute)
168
Verified fact2025
HCRIS WS S-3
Annual discharges
6,384
Verified fact2025
HCRIS WS S-3
Average length of stay
8.0d
Verified fact2025
HCRIS WS S-3
Outpatient share of patient revenue
32.3%
Verified fact2025
HCRIS WS G-2 L28
How the care measures up
No public quality measures are reported for this facility in the current Care Compare refresh.

Trajectory

Cost-report basis · 6 reporting years
Operating margin
-44.9%-48.6%-44.2%-13.6%-31.4%-56.8%FY20FY21FY22FY23FY24FY25
Days cash on hand
33 days37 days119 days142 days30 daysFY20FY21FY22FY23FY24FY25
FY25 days cash suppressed: out of display range.

The county this hospital serves

PROVIDENCE County, RI · metro, 1M+ population
Median household income
$78.2K
vs $82.1K US
Poverty rate
13.0%
vs 12.5% US
Uninsured
5.3%
vs 8.6% US
Age 65+
16.0%
vs 16.8% US
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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