Financial anchor year: FY24. Margin and revenue are as filed for FY24. Balance-sheet measures (current ratio, equity financing, days in A/R) use FY23, the latest filing whose balance sheet reconciled as filed. Days cash on hand is FY23, 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 South Boston, VA. It ran an operating loss of 15.2% in FY24 on $105.7M of operating revenue. It held 33 days of cash on hand in FY23, its most recent reported liquidity (53rd percentile among Rural PPS hospitals on liquidity). Operating margin declined from -8.8% in FY20 to -15.2% in FY24, though it rose 4.9 points in the most recent year.
Operating margin · FY24
-15.2%
vs Rural PPS hospitals16th pctl of 387 (FY24)
Days cash on hand · FY23
33d
all sources
vs Rural PPS hospitals53rd pctl of 376 (FY24)
Total operating revenue · FY24
$105.7M
vs Rural PPS hospitals54th pctl of 393 (FY24)
Total margin · incl. nonoperating · FY24
-18.2%
vs Rural PPS hospitals6th pctl of 387 (FY24)
One point of operating margin at SENTARA HALIFAX REGIONAL HOSPITAL is about $1.1M per year (1% of FY24 total operating revenue).
Where SENTARA HALIFAX REGIONAL 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.
One rural pps hospitalSENTARA HALIFAXRural 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
FY22
FY23
FY24
Patient revenue
104,573
102,425
101,120
Other operating revenue
4,728
2,944
4,545
Total operating revenue
109,301
105,369
105,665
Total operating expenses
121,813
126,612
121,760
Operating income
(12,512)
(21,243)
(16,095)
Operating margin %
-11.4%
-20.2%
-15.2%
Grants & contributions
—
—
34
Investment income
23
14
6
Other non-operating, net
(323)
(6,889)
(3,169)
Net income
(12,812)
(28,118)
(19,224)
Net income %
-11.8%
-28.5%
-18.7%
HCRIS Worksheet G-3 / S-3 · $ thousands · FY20–FY24 · FY20–21 may include COVID-era relief funding in nonoperating income
How it operates
quality & operational context · CMS public reporting
A 32-bed hospital at 61% occupancy 74% 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
60.6%
Verified fact2024
HCRIS WS S-3
Average daily census
19.43
Verified fact2024
HCRIS WS S-3
Staffed beds (acute)
32
Verified fact2024
HCRIS WS S-3
Annual discharges
2,441
Verified fact2024
HCRIS WS S-3
Average length of stay
2.9d
Verified fact2024
HCRIS WS S-3
Outpatient share of patient revenue
73.6%
Verified fact2024
HCRIS WS G-2 L28
Total FTEs
414.10
Verified fact2024
HCRIS WS S-3 Pt II
Contract labor share of labor cost
25.2%
Verified fact2024
HCRIS WS S-3 Pt V
Who it serves
Total unreimbursed & uncompensated care
$4.7M
Verified fact2023
HCRIS WS S-10 line 31
How the care measures up
C. difficile infection (SIR)
0
Better than the National Benchmark
CMS-reported measure07/01/2024 to 06/30/2025
CMS Care Compare
Hospital-wide unplanned readmission
14.3%
No Different Than the National Rate
CMS-reported measure07/01/2023 to 06/30/2024
CMS Care Compare
Medicare spending per beneficiary
0.84
CMS-reported measure01/01/2024 to 12/31/2024
CMS Care Compare
Patient-safety composite (PSI-90)
0.905211
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
HALIFAX County, VA · nonmetro, urban 5–20K, metro-adjacent
Median household income
$49.2K
vs $82.1K US · $59.7K rural median
Poverty rate
17.9%
vs 12.5% US · 14.3% rural median
Uninsured
8.8%
vs 8.6% US · 8.4% rural median
Age 65+
25.3%
vs 16.8% US · 20.6% rural median
Fair or poor health
24.9%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 18.2% of county personal income is Medicare/Medicaid medical benefits; 38.1% arrives as government transfers (BEA, 2022).
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.
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