Astrelis
Urban PPS hospital · Fredericksburg, VA

MARY WASHINGTON HOSPITAL

CCN 490022Voluntary non-profit - PrivateUrban (USDA RUCC)379 bedsLatest FY 2024
Cost-report basis
HCRIS · as filed
Not audited by Astrelis
The read

A hospital in Fredericksburg, VA. It ran an operating surplus of 9.1% in FY24 on $704.0M of operating revenue. It held 46 days of cash on hand (60th percentile among Urban PPS hospitals on liquidity). Operating margin improved from 2.4% in FY20 to 9.1% in FY24.

Operating margin · FY24
+9.1%
2.1 pts vs FY23
vs Urban PPS hospitals70th pctl of 2,562 (FY24)
Days cash on hand · FY24
46d
all sources
1.4 days vs FY23
vs Urban PPS hospitals60th pctl of 2,354 (FY24)
Total operating revenue · FY24
$704.0M
70.1 $M vs FY23
vs Urban PPS hospitals82nd pctl of 2,608 (FY24)
Total margin · incl. nonoperating · FY24
+10.5%
3.0 pts vs FY23
vs Urban PPS hospitals66th 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 MARY WASHINGTON HOSPITAL is about $7.0M per year (1% of FY24 total operating revenue).

Where MARY WASHINGTON HOSPITAL 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.
-20%-10%0%+10%+20%Urban PPS hospital median +2.027429837815152%MARY WASHINGTON +9.1362297069575%-20%0%+20%Urban PPS hospital median +2.027429837815152%MARY WASHINGTON +9.1362297069575%
One urban pps hospitalMARY WASHINGTONUrban 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
+9.1% (FY24)
Operating income ÷ total operating revenue
HCRIS WS G-3
Total margin
+10.5% (FY24)
Net income ÷ total revenue incl. nonoperating
HCRIS WS G-3
Days cash on hand
46d (FY24)
Cash, investments & board-designated reserves ÷ daily operating expense (excl. depreciation)
HCRIS WS G / G-3
Current ratio
3.37× (FY24)
Total current assets ÷ current liabilities
HCRIS WS G
Equity financing ratio
73% (FY24)
Total net assets ÷ total assets
HCRIS WS G
Days in net patient A/R
40d (FY24)
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
HCRIS WS G / G-3
$ in thousands
Line itemFY22FY23FY24
Patient revenue552,128607,268697,071
Other operating revenue12,56126,6426,964
Total operating revenue564,689633,910704,034
Total operating expenses542,715589,614639,712
Operating income21,97444,29664,322
Operating margin %+3.9%+7.0%+9.1%
Grants & contributions2,0562,6679,026
Investment income74146131
Other non-operating, net6797451,900
Net income24,78347,85475,379
Net income %+4.4%+7.5%+10.5%
HCRIS Worksheet G-3 / S-3 · $ thousands · FY20–FY24 · 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 379-bed hospital at 71% occupancy 55% 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
70.5%
Verified fact2024
HCRIS WS S-3
Average daily census
268
Verified fact2024
HCRIS WS S-3
Staffed beds (acute)
379
Verified fact2024
HCRIS WS S-3
Annual discharges
22,612
Verified fact2024
HCRIS WS S-3
Average length of stay
4.3d
Verified fact2024
HCRIS WS S-3
Outpatient share of patient revenue
54.7%
Verified fact2024
HCRIS WS G-2 L28
Total FTEs
1,911
Verified fact2024
HCRIS WS S-3 Pt II
Contract labor share of labor cost
14.6%
Verified fact2024
HCRIS WS S-3 Pt V
Who it serves
Total unreimbursed & uncompensated care
$13.7M
Verified fact2023
HCRIS WS S-10 line 31
How the care measures up
C. difficile infection (SIR)
0.097
Better than the National Benchmark
CMS-reported measure07/01/2024 to 06/30/2025
CMS Care Compare
Hospital-wide unplanned readmission
15.4%
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)
The data are based on claims that the hospital or facility submitted to CMS. The hospital or facility has reported discrepancies in their claims data.
CMS-reported measure07/01/2022 to 06/30/2024
CMS Care Compare

Trajectory

Cost-report basis · 5 reporting years
Operating margin
+2.4%+2.1%+3.9%+7.0%+9.1%FY20FY21FY22FY23FY24
Days cash on hand
61 days60 days46 days47 days46 daysFY20FY21FY22FY23FY24

The county this hospital serves

FREDERICKSBURG CITY, VA · metro, 1M+ population
Median household income
$85.4K
vs $82.1K US · $59.7K rural median
Poverty rate
16.4%
vs 12.5% US · 14.3% rural median
Uninsured
7.9%
vs 8.6% US · 8.4% rural median
Age 65+
11.2%
vs 16.8% US · 20.6% rural median
Fair or poor health
17.2%
self-reported, adults · CDC PLACES
Primary-care shortage
Not designated
HRSA HPSA

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