Astrelis
Rural PPS hospital · Mineral Wells, TX

PALO PINTO GENERAL HOSPITAL

CCN 450565PALO PINTO CountyGovernment - Hospital District or AuthorityRural (USDA RUCC)40 bedsLatest FY 2025
Cost-report basis
HCRIS · as filed
Not audited by Astrelis
Financial anchor year: FY24. Margin and revenue are as filed for FY24. Balance-sheet measures (current ratio, equity financing, days in A/R) use FY25, the latest filing whose balance sheet reconciled as filed. Days cash on hand is FY25, 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 Mineral Wells, TX. It ran an operating surplus of 49.4% in FY24 on $127.2M of operating revenue. It held 140 days of cash on hand in FY25, its most recent reported liquidity (77th percentile among Rural PPS hospitals on liquidity). Only a single comparable reporting year is available, so trend context is limited. Including nonoperating items, the all-in result was negative at 2.1%.

Operating margin · FY24
+49.4%
vs Rural PPS hospitals99th pctl of 387 (FY24)
Days cash on hand · FY25
140d
all sources
vs Rural PPS hospitals77th pctl of 376 (FY24)
Total operating revenue · FY25
$127.2M
vs Rural PPS hospitals62nd pctl of 393 (FY24)
Total margin · incl. nonoperating · FY24
-2.1%
vs Rural PPS hospitals28th pctl of 387 (FY24)
This facility's newest settled year, FY25, has not yet reached pool validity: benchmarked against the FY24 pool (n=387).
One point of operating margin at PALO PINTO GENERAL HOSPITAL is about $1.3M per year (1% of FY25 total operating revenue).

Where PALO PINTO GENERAL sits among Rural PPS hospitals

Operating margin · FY24 pool · n = 387 of 418 filed

Each point is one Rural 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 Rural PPS hospital median is -0.9%. 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=387).
-20%-10%0%+10%+20%Rural PPS hospital median -0.8727424997636124%PALO PINTO +49.354524696821066%-20%0%+20%Rural PPS hospital median -0.8727424997636124%PALO PINTO +49.354524696821066%
One rural pps hospitalPALO PINTORural 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.

Operating margin
+49.4% (FY24)
Operating income ÷ total operating revenue
HCRIS WS G-3
Total margin
-2.1% (FY24)
Net income ÷ total revenue incl. nonoperating
HCRIS WS G-3
Days cash on hand
140d (FY25)
Cash, investments & board-designated reserves ÷ daily operating expense (excl. depreciation)
HCRIS WS G / G-3
Current ratio
2.06× (FY25)
Total current assets ÷ current liabilities
HCRIS WS G
Equity financing ratio
68% (FY25)
Total net assets ÷ total assets
HCRIS WS G
Days in net patient A/R
175d (FY25)
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
HCRIS WS G / G-3
$ in thousands
Line itemFY23FY24FY25
Patient revenue32,51435,58233,389
Other operating revenue1,22497,86393,831
Total operating revenue33,737133,444127,219
Total operating expenses63,85767,58470,160
Operating income(30,120)65,86157,059
Operating margin %-89.3%+49.4%+44.9%
Grants & contributions640
Other non-operating, net30,607(68,766)(67,455)
Net income487(2,841)(10,396)
Net income %+0.8%-4.4%-17.4%
HCRIS Worksheet G-3 / S-3 · $ thousands · FY20–FY25 · FY20–21 may include COVID-era relief funding in nonoperating income
FY25 operating and total margins are not shown: they compute from near-zero net patient revenue, so the ratio is not meaningful (display gate; statement values unchanged).

How it operates

quality & operational context · CMS public reporting

A 40-bed hospital at 15% occupancy where swing beds are 25% of the inpatient business and 77% 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
15.0%
Verified fact2025
HCRIS WS S-3
Average daily census
6.03
Verified fact2025
HCRIS WS S-3
Staffed beds (acute)
40
Verified fact2025
HCRIS WS S-3
Annual discharges
1,289
Verified fact2025
HCRIS WS S-3
Average length of stay
1.7d
Verified fact2025
HCRIS WS S-3
Swing-bed average daily census
1.99
Verified fact2025
HCRIS WS S-3 L5–6
Swing-bed share of inpatient days
24.8%
Verified fact2025
HCRIS WS S-3 (acute + swing days)
Outpatient share of patient revenue
76.8%
Verified fact2025
HCRIS WS G-2 L28
Total FTEs
327.10
Verified fact2025
HCRIS WS S-3 Pt II
Contract labor share of labor cost
15.7%
Verified fact2025
HCRIS WS S-3 Pt V
Who it serves
Total unreimbursed & uncompensated care
$6.3M
Verified fact2023
HCRIS WS S-10 line 31
How the care measures up
C. difficile infection (SIR)
Results cannot be calculated for this reporting period.
CMS-reported measure07/01/2024 to 06/30/2025
CMS Care Compare
Hospital-wide unplanned readmission
15.1%
No Different Than the National Rate
CMS-reported measure07/01/2023 to 06/30/2024
CMS Care Compare
Medicare spending per beneficiary
0.96
CMS-reported measure01/01/2024 to 12/31/2024
CMS Care Compare
Patient-safety composite (PSI-90)
1.060014
CMS-reported measure07/01/2022 to 06/30/2024
CMS Care Compare

Trajectory

Cost-report basis · 6 reporting years
Operating margin
-3.1%+51.8%+50.4%-89.3%+49.4%FY20FY21FY22FY23FY24FY25
Days cash on hand
252 days248 days254 days211 days170 days140 daysFY20FY21FY22FY23FY24FY25

The county this hospital serves

PALO PINTO County, TX · nonmetro, urban 5–20K, metro-adjacent
Median household income
$65.0K
vs $82.1K US · $59.7K rural median
Poverty rate
17.0%
vs 12.5% US · 14.3% rural median
Uninsured
20.1%
vs 8.6% US · 8.4% rural median
Age 65+
20.0%
vs 16.8% US · 20.6% rural median
Fair or poor health
24.7%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 13.4% of county personal income is Medicare/Medicaid medical benefits; 27.5% arrives as government transfers (BEA, 2022).

What this hospital means to Palo Pinto County

economic contribution · FY25 cost report
Direct annual spending
$70.2M
total operating expense · reported
Total economic output
$161.4M
× 2.30 output multiplier · upper-bound estimate, upper bound for rural
Share of county employment
3.9%
of all county jobs
Method: NCRHW 2016 study of critical access hospitals (IMPLAN Type II), employment × 1.34, earnings × 1.19; output × 2.30 (AHA national, upper bound for rural). This hospital is not a critical access hospital. No published multiplier specific to its type was used, so the CAH ratios are applied unchanged and every multiplied figure here should be read as an upper-bound estimate, not a measurement of this facility. Direct figures are reported values from the facility's HCRIS cost report; multiplied figures are estimates.

Rural PPS Performance Benchmark$2,500Founding Edition

Where this facility is underperforming its matched peer cohort and what that gap is worth, measure by measure. Founding Edition: delivered within 30 days of eligibility confirmation, full refund if the published scope cannot be delivered.

build aa21187 · 2026-07-23