Astrelis
Psychiatric hospital · Petersburg, VA

POPLAR SPRINGS HOSPITAL

CCN 494022ProprietaryUrban (USDA RUCC)144 bedsLatest FY 2025
Cost-report basis
HCRIS · as filed
Not audited by Astrelis
Financial anchor year: FY25. Margin and revenue are as filed for FY25. Balance-sheet measures (current ratio, equity financing, days in A/R) use FY21, the latest filing whose balance sheet reconciled as filed. Days cash on hand is FY21, 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 Petersburg, VA. It ran an operating surplus of 12.4% in FY25 on $45.5M of operating revenue. It held 746 days of cash on hand in FY21, its most recent reported liquidity (99th percentile among Psychiatric hospitals on liquidity). Operating margin improved from -1.3% in FY21 to 12.4% in FY25, though it fell 4.9 points in the most recent year. These figures come from filings spanning FY21–FY25: read each by its own year rather than as one current picture.

Operating margin · FY25
+12.4%
4.9 pts vs FY24
vs Psychiatric hospitals67th pctl of 437 (FY24)
Days cash on hand · FY21
746d
all sources
vs Psychiatric hospitals99th pctl of 376 (FY24)
Total operating revenue · FY25
$45.5M
1.0 $M vs FY24
vs Psychiatric hospitals80th pctl of 509 (FY24)
Total margin · incl. nonoperating · FY25
+12.4%
4.9 pts vs FY24
vs Psychiatric hospitals64th pctl of 434 (FY24)
This facility's newest settled year, FY25, has not yet reached pool validity: benchmarked against the FY24 pool (n=437).
One point of operating margin at POPLAR SPRINGS HOSPITAL is about $455K per year (1% of FY25 total operating revenue).

Where POPLAR SPRINGS HOSPITAL sits among Psychiatric hospitals

Operating margin · FY24 pool · n = 437 of 610 filed

Each point is one Psychiatric 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 Psychiatric hospital median is +4.8%. Descriptive context only, not a ranking.

This facility's newest settled year, FY25, has not yet reached pool validity: benchmarked against the FY24 pool (n=437).
-20%-10%0%+10%+20%Psychiatric hospital median +4.788257940327237%POPLAR SPRINGS +12.448324390887501%-20%0%+20%Psychiatric hospital median +4.788257940327237%POPLAR SPRINGS +12.448324390887501%
One psychiatric hospitalPOPLAR SPRINGSPsychiatric 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
+12.4% (FY25)
Operating income ÷ total operating revenue
HCRIS WS G-3
Total margin
+12.4% (FY25)
Net income ÷ total revenue incl. nonoperating
HCRIS WS G-3
Days cash on hand
746d (FY21)
Cash, investments & board-designated reserves ÷ daily operating expense (excl. depreciation)
HCRIS WS G / G-3
Current ratio
1.50× (FY21)
Total current assets ÷ current liabilities
HCRIS WS G
Equity financing ratio
63% (FY21)
Total net assets ÷ total assets
HCRIS WS G
Days in net patient A/R
50d (FY21)
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
HCRIS WS G / G-3
$ in thousands
Line itemFY23FY24FY25
Patient revenue41,08244,48345,354
Other operating revenue141(42)122
Total operating revenue41,22344,44145,476
Total operating expenses33,89136,73539,815
Operating income7,3317,7065,661
Operating margin %+17.8%+17.3%+12.4%
Other non-operating, net7200
Net income7,4037,7065,661
Net income %+17.9%+17.3%+12.4%
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 144-bed hospital at 73% occupancy 3% 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
72.6%
Verified fact2025
HCRIS WS S-3
Average daily census
104.85
Verified fact2025
HCRIS WS S-3
Staffed beds (acute)
144
Verified fact2025
HCRIS WS S-3
Annual discharges
3,575
Verified fact2025
HCRIS WS S-3
Average length of stay
10.7d
Verified fact2025
HCRIS WS S-3
Outpatient share of patient revenue
2.7%
Verified fact2025
HCRIS WS G-2 L28
How the care measures up
No public quality measures are reported for this facility in the current Care Compare refresh.

Trajectory

Cost-report basis · 5 reporting years
Operating margin
-1.3%+7.9%+17.8%+17.3%+12.4%FY21FY22FY23FY24FY25
Days cash on hand
746 daysFY21FY22FY23FY24FY25
FY25 days cash suppressed: out of display range.

The county this hospital serves

Location, VA
Median household income
$50.7K
vs $82.1K US
Poverty rate
21.1%
vs 12.5% US
Uninsured
8.2%
vs 8.6% US
Age 65+
17.0%
vs 16.8% US
Fair or poor health
27.1%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
build aa21187 · 2026-07-23