A hospital in Franklin, VA. It ran an operating loss of 22.8% in FY24 on $48.0M of operating revenue. Operating margin improved from -25.8% in FY20 to -22.8% in FY24, though it fell 4.0 points in the most recent year.
Operating margin · FY24
-22.8%
▼ 4.0 pts vs FY23
vs Rural PPS hospitals9th pctl of 387 (FY24)
Days cash on hand
Not available
all sources
vs Rural PPS hospitals—
Total operating revenue · FY24
$48.0M
▼ 3.5 $M vs FY23
vs Rural PPS hospitals27th pctl of 393 (FY24)
Total margin · incl. nonoperating · FY24
-21.7%
▼ 4.2 pts vs FY23
vs Rural PPS hospitals3rd pctl of 387 (FY24)
One point of operating margin at BON SECOURS SOUTHAMPTON MEMORIAL HOSPITAL is about $480K per year (1% of FY24 total operating revenue).
Where BON SECOURS SOUTHAMPTON 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 hospitalBON SECOURSRural 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.
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 item
FY22
FY23
FY24
Patient revenue
57,533
51,401
47,517
Other operating revenue
138
109
478
Total operating revenue
57,671
51,510
47,995
Total operating expenses
63,175
61,211
58,941
Operating income
(5,504)
(9,701)
(10,946)
Operating margin %
-9.5%
-18.8%
-22.8%
Other non-operating, net
2,223
609
441
Net income
(3,281)
(9,092)
(10,505)
Net income %
-5.5%
-17.4%
-21.7%
HCRIS Worksheet G-3 / S-3 · $ thousands · FY20–FY24 · FY20–21 may include COVID-era relief funding in nonoperating income
FY20, FY21 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 34-bed hospital at 12% occupancy 79% 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
11.5%
Verified fact2024
HCRIS WS S-3
Average daily census
3.94
Verified fact2024
HCRIS WS S-3
Staffed beds (acute)
34
Verified fact2024
HCRIS WS S-3
Annual discharges
942
Verified fact2024
HCRIS WS S-3
Average length of stay
1.5d
Verified fact2024
HCRIS WS S-3
Swing-bed average daily census
0.28
Verified fact2024
HCRIS WS S-3 L5–6
Swing-bed share of inpatient days
6.6%
Verified fact2024
HCRIS WS S-3 (acute + swing days)
Outpatient share of patient revenue
79.2%
Verified fact2024
HCRIS WS G-2 L28
Total FTEs
217.10
Verified fact2024
HCRIS WS S-3 Pt II
Contract labor share of labor cost
19.8%
Verified fact2024
HCRIS WS S-3 Pt V
Who it serves
Total unreimbursed & uncompensated care
$4.5M
Verified fact2023
HCRIS WS S-10 line 31
How the care measures up
C. difficile infection (SIR)
0
No Different than National Benchmark
CMS-reported measure07/01/2024 to 06/30/2025
CMS Care Compare
Hospital-wide unplanned readmission
15.2%
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)
0.930709
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
FRANKLIN CITY, VA · nonmetro, urban 5–20K, metro-adjacent
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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