A hospital in Memphis, TN. It ran an operating loss of 1.6% in FY24 on $1857.0M of operating revenue. Operating margin improved from -20.7% in FY20 to -1.6% in FY24. Including nonoperating items, the all-in result was positive at 2.3%.
Operating margin · FY24
-1.6%
▲ 14.6 pts vs FY23
vs Urban PPS hospitals38th pctl of 2,562 (FY24)
Days cash on hand
Not available
all sources
vs Urban PPS hospitals—
Total operating revenue · FY24
$1.86B
▲ 206.0 $M vs FY23
vs Urban PPS hospitals96th pctl of 2,608 (FY24)
Total margin · incl. nonoperating · FY24
+2.3%
▲ 18.4 pts vs FY23
vs Urban PPS hospitals36th pctl of 2,563 (FY24)
Benchmarked within its own FY24 pool (n=2,562); the Urban PPS hospital cohort's current year is FY25.
One point of operating margin at METHODIST HOSPITALS OF MEMPHIS is about $18.6M per year (1% of FY24 total operating revenue).
Where METHODIST HOSPITALS OF sits among Urban PPS hospitals
Operating margin · FY24 pool · n = 2,562 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 +2.0%. Descriptive context only, not a ranking.
Benchmarked within its own FY24 pool (n=2,562); the Urban PPS hospital cohort's current year is FY25.
One urban pps hospitalMETHODIST HOSPITALSUrban 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.
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 item
FY22
FY23
FY24
Patient revenue
1,718,628
1,651,008
1,746,598
Other operating revenue
92,447
—
110,386
Total operating revenue
1,811,075
1,651,008
1,856,984
Total operating expenses
1,915,419
1,916,940
1,885,871
Operating income
(104,344)
(265,931)
(28,887)
Operating margin %
-5.8%
-16.1%
-1.6%
Investment income
55,604
—
65,347
Other non-operating, net
10,929
0
7,496
Net income
(37,811)
(265,931)
43,956
Net income %
-2.0%
-16.1%
+2.3%
HCRIS Worksheet G-3 / S-3 · $ thousands · FY20–FY24 · 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
FY24 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 942-bed hospital at 58% occupancy 47% 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
58.3%
Verified fact2024
HCRIS WS S-3
Average daily census
550.50
Verified fact2024
HCRIS WS S-3
Staffed beds (acute)
942
Verified fact2024
HCRIS WS S-3
Annual discharges
50,828
Verified fact2024
HCRIS WS S-3
Average length of stay
4.0d
Verified fact2024
HCRIS WS S-3
Outpatient share of patient revenue
46.9%
Verified fact2024
HCRIS WS G-2 L28
Total FTEs
7,970
Verified fact2024
HCRIS WS S-3 Pt II
Who it serves
Total unreimbursed & uncompensated care
$197.2M
Verified fact2023
HCRIS WS S-10 line 31
How the care measures up
C. difficile infection (SIR)
0.24
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
1.03
CMS-reported measure01/01/2024 to 12/31/2024
CMS Care Compare
Patient-safety composite (PSI-90)
1.185782
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
FY24 days cash suppressed: out of display range.
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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