Astrelis
Urban PPS hospital · Falls Church, VA

INOVA FAIRFAX HOSPITAL

CCN 490063Voluntary non-profit - PrivateUrban (USDA RUCC)685 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 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 Falls Church, VA. It ran an operating surplus of 28.1% in FY24 on $3367.9M of operating revenue. It held 0 days of cash on hand in FY23, its most recent reported liquidity (21st percentile among Urban PPS hospitals on liquidity). Operating margin improved from 1.7% in FY20 to 28.1% in FY24.

Operating margin · FY24
+28.1%
vs Urban PPS hospitals95th pctl of 2,562 (FY24)
Days cash on hand · FY23
0d
all sources
vs Urban PPS hospitals21st pctl of 2,354 (FY24)
Total operating revenue · FY24
$3.37B
vs Urban PPS hospitals99th pctl of 2,608 (FY24)
Total margin · incl. nonoperating · FY24
+28.1%
vs Urban PPS hospitals94th 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 INOVA FAIRFAX HOSPITAL is about $33.7M per year (1% of FY24 total operating revenue).

Where INOVA FAIRFAX 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%INOVA FAIRFAX +28.09361305157541%-20%0%+20%Urban PPS hospital median +2.027429837815152%INOVA FAIRFAX +28.09361305157541%
One urban pps hospitalINOVA FAIRFAXUrban 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
+28.1% (FY24)
Operating income ÷ total operating revenue
HCRIS WS G-3
Total margin
+28.1% (FY24)
Net income ÷ total revenue incl. nonoperating
HCRIS WS G-3
Days cash on hand
0d (FY23)
Cash, investments & board-designated reserves ÷ daily operating expense (excl. depreciation)
HCRIS WS G / G-3
Current ratio
1.38× (FY23)
Total current assets ÷ current liabilities
HCRIS WS G
Equity financing ratio
35% (FY23)
Total net assets ÷ total assets
HCRIS WS G
Days in net patient A/R
41d (FY23)
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
HCRIS WS G / G-3
$ in thousands
Line itemFY22FY23FY24
Patient revenue2,410,2892,663,0513,086,684
Other operating revenue84,716111,046281,167
Total operating revenue2,495,0052,774,0973,367,851
Total operating expenses1,915,1522,051,2902,421,700
Operating income579,853722,807946,151
Operating margin %+23.2%+26.1%+28.1%
Other non-operating, net1,6841,6641,790
Net income581,537724,471947,941
Net income %+23.3%+26.1%+28.1%
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 685-bed hospital at 85% occupancy 50% 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
85.0%
Verified fact2024
HCRIS WS S-3
Average daily census
583.57
Verified fact2024
HCRIS WS S-3
Staffed beds (acute)
685
Verified fact2024
HCRIS WS S-3
Annual discharges
51,243
Verified fact2024
HCRIS WS S-3
Average length of stay
4.2d
Verified fact2024
HCRIS WS S-3
Outpatient share of patient revenue
49.5%
Verified fact2024
HCRIS WS G-2 L28
Total FTEs
7,785
Verified fact2024
HCRIS WS S-3 Pt II
Contract labor share of labor cost
18.1%
Verified fact2024
HCRIS WS S-3 Pt V
Who it serves
Total unreimbursed & uncompensated care
$206.9M
Verified fact2023
HCRIS WS S-10 line 31
How the care measures up
C. difficile infection (SIR)
0.488
Better than the National Benchmark
CMS-reported measure07/01/2024 to 06/30/2025
CMS Care Compare
Hospital-wide unplanned readmission
14.1%
Better Than the National Rate
CMS-reported measure07/01/2023 to 06/30/2024
CMS Care Compare
Medicare spending per beneficiary
0.98
CMS-reported measure01/01/2024 to 12/31/2024
CMS Care Compare
Patient-safety composite (PSI-90)
0.858866
CMS-reported measure07/01/2022 to 06/30/2024
CMS Care Compare

Trajectory

Cost-report basis · 5 reporting years
Operating margin
+1.7%+4.5%+23.2%+26.1%+28.1%FY20FY21FY22FY23FY24
Days cash on hand
2 days0 days0 days0 daysFY20FY21FY22FY23FY24
FY24 days cash suppressed: out of display range.

The county this hospital serves

FAIRFAX County, VA
Median household income
$150.1K
vs $82.1K US · $59.7K rural median
Poverty rate
5.9%
vs 12.5% US · 14.3% rural median
Uninsured
7.4%
vs 8.6% US · 8.4% rural median
Age 65+
14.5%
vs 16.8% US · 20.6% rural median
Fair or poor health
13.8%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA

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