A hospital in Richmond, VA. It ran an operating surplus of 35.5% in FY25 on $844.7M of operating revenue. It held 7 days of cash on hand (39th percentile among Urban PPS hospitals on liquidity). Operating margin improved from 17.8% in FY21 to 35.5% in FY25.
Operating margin · FY25
+35.5%
▲ 1.2 pts vs FY24
vs Urban PPS hospitals97th pctl of 1,475 (FY25)
Days cash on hand · FY25
7d
all sources
▼ 0.7 days vs FY24
vs Urban PPS hospitals39th pctl of 1,386 (FY25)
Total operating revenue · FY25
$844.7M
▲ 68.1 $M vs FY24
vs Urban PPS hospitals84th pctl of 1,503 (FY25)
Total margin · incl. nonoperating · FY25
+35.5%
▲ 1.0 pts vs FY24
vs Urban PPS hospitals97th pctl of 1,475 (FY25)
One point of operating margin at HENRICO DOCTORS' HOSPITAL is about $8.4M per year (1% of FY25 total operating revenue).
Where HENRICO DOCTORS' HOSPITAL sits among Urban PPS hospitals
Operating margin · FY25 pool · n = 1,475 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 +1.3%. Descriptive context only, not a ranking.
One urban pps hospitalHENRICO DOCTORS'Urban 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
FY23
FY24
FY25
Patient revenue
660,527
776,625
842,343
Other operating revenue
173
1
2,337
Total operating revenue
660,700
776,626
844,681
Total operating expenses
535,800
510,315
545,112
Operating income
124,899
266,312
299,569
Operating margin %
+18.9%
+34.3%
+35.5%
Other non-operating, net
57,269
2,065
0
Net income
182,168
268,377
299,569
Net income %
+25.4%
+34.5%
+35.5%
HCRIS Worksheet G-3 / S-3 · $ thousands · FY21–FY25 · FY20–21 may include COVID-era relief funding in nonoperating income
How it operates
quality & operational context · CMS public reporting
A 598-bed hospital at 35% occupancy 51% 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
35.1%
Verified fact2025
HCRIS WS S-3
Average daily census
210.31
Verified fact2025
HCRIS WS S-3
Staffed beds (acute)
598
Verified fact2025
HCRIS WS S-3
Annual discharges
21,951
Verified fact2025
HCRIS WS S-3
Average length of stay
3.5d
Verified fact2025
HCRIS WS S-3
Outpatient share of patient revenue
51.2%
Verified fact2025
HCRIS WS G-2 L28
Total FTEs
1,850
Verified fact2025
HCRIS WS S-3 Pt II
Contract labor share of labor cost
18.9%
Verified fact2025
HCRIS WS S-3 Pt V
How the care measures up
C. difficile infection (SIR)
0.135
Better than the 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
1.06
CMS-reported measure01/01/2024 to 12/31/2024
CMS Care Compare
Patient-safety composite (PSI-90)
0.604825
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
The county this hospital serves
Location, VA
Median household income
$86.4K
vs $82.1K US · $59.7K rural median
Poverty rate
8.4%
vs 12.5% US · 14.3% rural median
Uninsured
6.6%
vs 8.6% US · 8.4% rural median
Age 65+
16.5%
vs 16.8% US · 20.6% rural median
Fair or poor health
16.6%
self-reported, adults · CDC PLACES
Primary-care shortage
Not designated
HRSA HPSA
Economic context: 6.2% of county personal income is Medicare/Medicaid medical benefits; 14.6% arrives as government transfers (BEA, 2022).
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