A hospital in Florence, SC. It ran an operating loss of 2.3% in FY25 on $307.0M of operating revenue. It held 117 days of cash on hand (73rd percentile among Urban PPS hospitals on liquidity). Operating margin improved from -3.2% in FY21 to -2.3% in FY25, though it fell 13.9 points in the most recent year. Including nonoperating items, the all-in result was positive at 15.1%.
Operating margin · FY25
-2.3%
vs Urban PPS hospitals38th pctl of 1,475 (FY25)
Days cash on hand · FY25
117d
all sources
vs Urban PPS hospitals73rd pctl of 1,386 (FY25)
Total operating revenue · FY25
$307.0M
vs Urban PPS hospitals53rd pctl of 1,503 (FY25)
Total margin · incl. nonoperating · FY25
+15.1%
vs Urban PPS hospitals77th pctl of 1,475 (FY25)
One point of operating margin at MUSC HEALTH FLORENCE MEDICAL CENTER is about $3.1M per year (1% of FY25 total operating revenue).
Where MUSC HEALTH FLORENCE 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.
One urban pps hospitalMUSC HEALTHUrban 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.
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
HCRIS WS G / G-3
$ in thousands
Line item
FY23
FY24
FY25
Patient revenue
252,935
323,463
299,588
Other operating revenue
6,045
7,064
7,372
Total operating revenue
258,979
330,527
306,960
Total operating expenses
270,446
292,303
314,139
Operating income
(11,466)
38,225
(7,179)
Operating margin %
-4.4%
+11.6%
-2.3%
Grants & contributions
1,062
692
38,118
Investment income
213
172
—
Other non-operating, net
174
1,453
26,769
Net income
(10,017)
40,542
57,708
Net income %
-3.8%
+12.2%
+15.5%
HCRIS Worksheet G-3 / S-3 · $ thousands · FY21–FY25 · FY20–21 may include COVID-era relief funding in nonoperating income
FY21, FY22 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 187-bed hospital at 72% occupancy 55% 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
72.0%
Verified fact2025
HCRIS WS S-3
Average daily census
135.01
Verified fact2025
HCRIS WS S-3
Staffed beds (acute)
187
Verified fact2025
HCRIS WS S-3
Annual discharges
12,902
Verified fact2025
HCRIS WS S-3
Average length of stay
3.8d
Verified fact2025
HCRIS WS S-3
Outpatient share of patient revenue
55.4%
Verified fact2025
HCRIS WS G-2 L28
Total FTEs
1,088
Verified fact2025
HCRIS WS S-3 Pt II
Contract labor share of labor cost
25.4%
Verified fact2025
HCRIS WS S-3 Pt V
How the care measures up
C. difficile infection (SIR)
0.476
Better than the National Benchmark
CMS-reported measure07/01/2024 to 06/30/2025
CMS Care Compare
Hospital-wide unplanned readmission
15.3%
No Different Than the National Rate
CMS-reported measure07/01/2023 to 06/30/2024
CMS Care Compare
Medicare spending per beneficiary
0.98
CMS-reported measure01/01/2024 to 12/31/2024
CMS Care Compare
Patient-safety composite (PSI-90)
1.053269
CMS-reported measure07/01/2022 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
FLORENCE County, SC
Median household income
$56.6K
vs $82.1K US · $59.7K rural median
Poverty rate
18.3%
vs 12.5% US · 14.3% rural median
Uninsured
10.0%
vs 8.6% US · 8.4% rural median
Age 65+
17.7%
vs 16.8% US · 20.6% rural median
Fair or poor health
22.0%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 11.7% of county personal income is Medicare/Medicaid medical benefits; 27.2% arrives as government transfers (BEA, 2022).
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