Astrelis
Psychiatric hospital · Abilene, TX

OCEANS BEHAVIORAL HOSPITAL OF ABILENE

CCN 454122TAYLOR CountyProprietaryUrban (USDA RUCC)90 bedsLatest FY 2024
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 FY20, the latest filing whose balance sheet reconciled as filed. Days cash on hand is FY20, 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 Abilene, TX. It ran an operating surplus of 18.9% in FY24 on $22.2M of operating revenue. It held 0 days of cash on hand in FY20, its most recent reported liquidity (0th percentile among Psychiatric hospitals on liquidity). Operating margin improved from 15.5% in FY20 to 18.9% in FY24, though it fell 3.4 points in the most recent year. These figures come from filings spanning FY20–FY24: read each by its own year rather than as one current picture.

Operating margin · FY24
+18.9%
3.4 pts vs FY23
vs Psychiatric hospitals78th pctl of 437 (FY24)
Days cash on hand · FY20
0d
all sources
vs Psychiatric hospitals0th pctl of 376 (FY24)
Total operating revenue · FY24
$22.2M
0.6 $M vs FY23
vs Psychiatric hospitals49th pctl of 509 (FY24)
Total margin · incl. nonoperating · FY24
+18.9%
3.4 pts vs FY23
vs Psychiatric hospitals77th pctl of 434 (FY24)
One point of operating margin at OCEANS BEHAVIORAL HOSPITAL OF ABILENE is about $222K per year (1% of FY24 total operating revenue).

Where OCEANS BEHAVIORAL HOSPITAL 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%OCEANS BEHAVIORAL +18.941811324491095%-20%0%+20%Psychiatric hospital median +4.788257940327237%OCEANS BEHAVIORAL +18.941811324491095%
One psychiatric hospitalOCEANS BEHAVIORALPsychiatric 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
+18.9% (FY24)
Operating income ÷ total operating revenue
HCRIS WS G-3
Total margin
+18.9% (FY24)
Net income ÷ total revenue incl. nonoperating
HCRIS WS G-3
Days cash on hand
0d (FY20)
Cash, investments & board-designated reserves ÷ daily operating expense (excl. depreciation)
HCRIS WS G / G-3
Current ratio
4.00× (FY20)
Total current assets ÷ current liabilities
HCRIS WS G
Equity financing ratio
65% (FY20)
Total net assets ÷ total assets
HCRIS WS G
Days in net patient A/R
28d (FY20)
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
HCRIS WS G / G-3
$ in thousands
Line itemFY22FY23FY24
Patient revenue18,80422,78122,194
Other operating revenue6422026
Total operating revenue19,44622,80222,219
Total operating expenses15,97117,70818,010
Operating income3,4755,0944,209
Operating margin %+17.9%+22.3%+18.9%
Other non-operating, net800
Net income3,4835,0944,209
Net income %+17.9%+22.3%+18.9%
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

How it operates

quality & operational context · CMS public reporting

A 90-bed hospital at 65% occupancy 11% 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
64.8%
Verified fact2024
HCRIS WS S-3
Average daily census
58.47
Verified fact2024
HCRIS WS S-3
Staffed beds (acute)
90
Verified fact2024
HCRIS WS S-3
Annual discharges
2,051
Verified fact2024
HCRIS WS S-3
Average length of stay
10.4d
Verified fact2024
HCRIS WS S-3
Outpatient share of patient revenue
10.6%
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
+15.5%+29.1%+17.9%+22.3%+18.9%FY20FY21FY22FY23FY24
Days cash on hand
0 daysFY20FY21FY22FY23FY24
FY24 days cash suppressed: out of display range.

The county this hospital serves

TAYLOR County, TX · metro, under 250K
Median household income
$66.4K
vs $82.1K US
Poverty rate
13.5%
vs 12.5% US
Uninsured
14.5%
vs 8.6% US
Age 65+
14.8%
vs 16.8% US
Fair or poor health
20.2%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 11.4% of county personal income is Medicare/Medicaid medical benefits; 23.4% arrives as government transfers (BEA, 2022).
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