Astrelis
Psychiatric hospital · Lubbock, TX

OCEANS BEHAVIORAL HOSPITAL OF LUBBOCK

CCN 454157LUBBOCK CountyProprietaryUrban (USDA RUCC)32 bedsLatest FY 2024
Cost-report basis
HCRIS · as filed
Not audited by Astrelis
The read

A hospital in Lubbock, TX. It ran an operating loss of 2.2% in FY24 on $9.1M of operating revenue. It held 0 days of cash on hand (0th percentile among Psychiatric hospitals on liquidity). Only a single comparable reporting year is available, so trend context is limited.

Operating margin · FY24
-2.2%
vs Psychiatric hospitals35th pctl of 437 (FY24)
Days cash on hand · FY24
0d
all sources
vs Psychiatric hospitals0th pctl of 376 (FY24)
Total operating revenue · FY24
$9.1M
vs Psychiatric hospitals18th pctl of 509 (FY24)
Total margin · incl. nonoperating · FY24
-2.2%
vs Psychiatric hospitals27th pctl of 434 (FY24)
One point of operating margin at OCEANS BEHAVIORAL HOSPITAL OF LUBBOCK is about $91K 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 -2.236246097013941%-20%0%+20%Psychiatric hospital median +4.788257940327237%OCEANS BEHAVIORAL -2.236246097013941%
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
-2.2% (FY24)
Operating income ÷ total operating revenue
HCRIS WS G-3
Total margin
-2.2% (FY24)
Net income ÷ total revenue incl. nonoperating
HCRIS WS G-3
Days cash on hand
0d (FY24)
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 itemFY23FY24
Patient revenue3,5539,088
Other operating revenue57
Total operating revenue3,5589,096
Total operating expenses8,0909,299
Operating income(4,533)(203)
Operating margin %-127.4%-2.2%
Net income(4,533)(203)
Net income %-127.4%-2.2%
2 of 3 years available for this statement.
HCRIS Worksheet G-3 / S-3 · $ thousands · FY23–FY24
FY23, 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).
FY23 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 32-bed hospital at 85% occupancy 17% 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
84.9%
Verified fact2024
HCRIS WS S-3
Average daily census
27.24
Verified fact2024
HCRIS WS S-3
Staffed beds (acute)
32
Verified fact2024
HCRIS WS S-3
Annual discharges
1,060
Verified fact2024
HCRIS WS S-3
Average length of stay
9.4d
Verified fact2024
HCRIS WS S-3
Outpatient share of patient revenue
16.7%
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 · 2 reporting years
Operating margin
-2.2%FY23FY24
Days cash on hand
0 days0 daysFY23FY24

The county this hospital serves

LUBBOCK County, TX · metro, 250K–1M
Median household income
$63.4K
vs $82.1K US
Poverty rate
17.2%
vs 12.5% US
Uninsured
13.7%
vs 8.6% US
Age 65+
13.1%
vs 16.8% US
Fair or poor health
21.0%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 9.6% of county personal income is Medicare/Medicaid medical benefits; 20.8% arrives as government transfers (BEA, 2022).
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