A hospital in Memphis, TN. It ran an operating surplus of 6.3% in FY25 on $1130.5M of operating revenue. It held 18 days of cash on hand (47th percentile among Urban PPS hospitals on liquidity). Operating margin improved from -2.3% in FY20 to 6.3% in FY25.
Operating margin · FY25
+6.3%
▲ 6.9 pts vs FY24
vs Urban PPS hospitals64th pctl of 1,475 (FY25)
Days cash on hand · FY25
18d
all sources
▼ 32.1 days vs FY24
vs Urban PPS hospitals47th pctl of 1,386 (FY25)
Total operating revenue · FY25
$1.13B
▲ 179.7 $M vs FY24
vs Urban PPS hospitals89th pctl of 1,503 (FY25)
Total margin · incl. nonoperating · FY25
+8.6%
▲ 6.4 pts vs FY24
vs Urban PPS hospitals59th pctl of 1,475 (FY25)
One point of operating margin at BAPTIST MEMORIAL HOSPITAL is about $11.3M per year (1% of FY25 total operating revenue).
Where BAPTIST MEMORIAL 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.
One urban pps hospitalBAPTIST MEMORIALUrban 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
876,280
950,851
1,130,547
Total operating revenue
876,280
950,851
1,130,547
Total operating expenses
906,341
956,142
1,059,324
Operating income
(30,061)
(5,291)
71,222
Operating margin %
-3.4%
-0.6%
+6.3%
Grants & contributions
3,314
3,168
4,506
Investment income
2,911
3,151
3,920
Other non-operating, net
14,701
21,545
23,483
Net income
(9,135)
22,573
103,131
Net income %
-1.0%
+2.3%
+8.9%
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
FY22, FY23, FY24, FY25 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 677-bed hospital at 73% occupancy 42% 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
73.1%
Verified fact2025
HCRIS WS S-3
Average daily census
487.15
Verified fact2025
HCRIS WS S-3
Staffed beds (acute)
677
Verified fact2025
HCRIS WS S-3
Annual discharges
35,800
Verified fact2025
HCRIS WS S-3
Average length of stay
5.0d
Verified fact2025
HCRIS WS S-3
Outpatient share of patient revenue
42.0%
Verified fact2025
HCRIS WS G-2 L28
Total FTEs
4,116
Verified fact2025
HCRIS WS S-3 Pt II
Contract labor share of labor cost
17.4%
Verified fact2025
HCRIS WS S-3 Pt V
Who it serves
Total unreimbursed & uncompensated care
$122.4M
Verified fact2023
HCRIS WS S-10 line 31
How the care measures up
C. difficile infection (SIR)
0.46
Better than the National Benchmark
CMS-reported measure07/01/2024 to 06/30/2025
CMS Care Compare
Hospital-wide unplanned readmission
15.4%
No Different Than the National Rate
CMS-reported measure07/01/2023 to 06/30/2024
CMS Care Compare
Medicare spending per beneficiary
0.99
CMS-reported measure01/01/2024 to 12/31/2024
CMS Care Compare
Patient-safety composite (PSI-90)
The data are based on claims that the hospital or facility submitted to CMS. The hospital or facility has reported discrepancies in their claims data.
CMS-reported measure07/01/2022 to 06/30/2024
CMS Care Compare
Trajectory
Cost-report basis · 6 reporting years
Operating margin
Days cash on hand
The county this hospital serves
SHELBY County, TN · metro, 1M+ population
Median household income
$62.3K
vs $82.1K US · $59.7K rural median
Poverty rate
17.5%
vs 12.5% US · 14.3% rural median
Uninsured
12.1%
vs 8.6% US · 8.4% rural median
Age 65+
14.4%
vs 16.8% US · 20.6% rural median
Fair or poor health
23.0%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 7.7% of county personal income is Medicare/Medicaid medical benefits; 19.5% arrives as government transfers (BEA, 2022).
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