Astrelis
Psychiatric hospital · Charleston, SC

PALMETTO LOWCOUNTRY BEHAVIORAL HEALTH

CCN 424006CHARLESTON CountyProprietaryUrban (USDA RUCC)103 bedsLatest FY 2024
Cost-report basis
HCRIS · as filed
Not audited by Astrelis
The read

A hospital in Charleston, SC. It ran an operating loss of 18.4% in FY24 on $15.2M of operating revenue. Operating margin declined from 6.7% in FY20 to -18.4% in FY24.

Operating margin · FY24
-18.4%
11.4 pts vs FY23
vs Psychiatric hospitals13th pctl of 437 (FY24)
Days cash on hand
Not available
all sources
vs Psychiatric hospitals
Total operating revenue · FY24
$15.2M
0.0 $M vs FY23
vs Psychiatric hospitals34th pctl of 509 (FY24)
Total margin · incl. nonoperating · FY24
-18.4%
11.4 pts vs FY23
vs Psychiatric hospitals8th pctl of 434 (FY24)
One point of operating margin at PALMETTO LOWCOUNTRY BEHAVIORAL HEALTH is about $152K per year (1% of FY24 total operating revenue).

Where PALMETTO LOWCOUNTRY BEHAVIORAL 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.

-20%-10%0%+10%+20%Psychiatric hospital median +4.788257940327237%PALMETTO LOWCOUNTRY -18.39573249036847%-20%0%+20%Psychiatric hospital median +4.788257940327237%PALMETTO LOWCOUNTRY -18.39573249036847%
One psychiatric hospitalPALMETTO LOWCOUNTRYPsychiatric 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
-18.4% (FY24)
Operating income ÷ total operating revenue
HCRIS WS G-3
Total margin
-18.4% (FY24)
Net income ÷ total revenue incl. nonoperating
HCRIS WS G-3
Days cash on hand
Not reported in this filing
Cash, investments & board-designated reserves ÷ daily operating expense (excl. depreciation)
HCRIS WS G / G-3
Current ratio
Not shown, balance sheet did not reconcile as filed
Total current assets ÷ current liabilities
HCRIS WS G
Equity financing ratio
Not shown, balance sheet did not reconcile as filed
Total net assets ÷ total assets
HCRIS WS G
Days in net patient A/R
Not shown, balance sheet did not reconcile as filed
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
HCRIS WS G / G-3
$ in thousands
Line itemFY22FY23FY24
Patient revenue13,73315,20415,090
Other operating revenue91594
Total operating revenue13,74115,21915,185
Total operating expenses14,68916,28017,978
Operating income(947)(1,061)(2,793)
Operating margin %-6.9%-7.0%-18.4%
Other non-operating, net000
Net income(947)(1,061)(2,793)
Net income %-6.9%-7.0%-18.4%
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 103-bed hospital at 52% occupancy 10% 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
52.1%
Verified fact2024
HCRIS WS S-3
Average daily census
53.77
Verified fact2024
HCRIS WS S-3
Staffed beds (acute)
103
Verified fact2024
HCRIS WS S-3
Annual discharges
2,303
Verified fact2024
HCRIS WS S-3
Average length of stay
8.5d
Verified fact2024
HCRIS WS S-3
Outpatient share of patient revenue
10.1%
Verified fact2024
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 · 5 reporting years
Operating margin
+6.7%-4.3%-6.9%-7.0%-18.4%FY20FY21FY22FY23FY24
Days cash on hand
Not available
FY24 days cash suppressed: out of display range.

The county this hospital serves

CHARLESTON County, SC · metro, 250K–1M
Median household income
$84.3K
vs $82.1K US
Poverty rate
11.6%
vs 12.5% US
Uninsured
8.9%
vs 8.6% US
Age 65+
17.5%
vs 16.8% US
Fair or poor health
14.8%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 5.1% of county personal income is Medicare/Medicaid medical benefits; 13.4% arrives as government transfers (BEA, 2022).
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