A hospital in Centralia, WA. It ran an operating loss of 14.3% in FY24 on $239.2M of operating revenue. It held 243 days of cash on hand (87th percentile among Rural PPS hospitals on liquidity). Operating margin declined from 8.4% in FY20 to -14.3% in FY24.
Operating margin · FY24
-14.3%
▼ 15.6 pts vs FY23
vs Rural PPS hospitals17th pctl of 387 (FY24)
Days cash on hand · FY24
243d
all sources
▲ 103.1 days vs FY23
vs Rural PPS hospitals87th pctl of 376 (FY24)
Total operating revenue · FY24
$239.2M
▼ 21.6 $M vs FY23
vs Rural PPS hospitals85th pctl of 393 (FY24)
Total margin · incl. nonoperating · FY24
-13.8%
▼ 14.6 pts vs FY23
vs Rural PPS hospitals9th pctl of 387 (FY24)
One point of operating margin at PROVIDENCE CENTRALIA HOSPITAL is about $2.4M per year (1% of FY24 total operating revenue).
Where PROVIDENCE CENTRALIA HOSPITAL 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 hospitalPROVIDENCE CENTRALIARural 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.
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
HCRIS WS G / G-3
$ in thousands
Line item
FY22
FY23
FY24
Patient revenue
240,565
252,616
226,555
Other operating revenue
6,138
8,233
12,695
Total operating revenue
246,703
260,849
239,249
Total operating expenses
241,819
257,390
273,357
Operating income
4,884
3,459
(34,107)
Operating margin %
+2.0%
+1.3%
-14.3%
Grants & contributions
12
1,169
58
Investment income
(1,171)
(2,573)
814
Other non-operating, net
2,219
14
14
Net income
5,944
2,069
(33,221)
Net income %
+2.4%
+0.8%
-13.8%
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 108-bed hospital at 46% occupancy 75% 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
46.5%
Verified fact2024
HCRIS WS S-3
Average daily census
50.32
Verified fact2024
HCRIS WS S-3
Staffed beds (acute)
108
Verified fact2024
HCRIS WS S-3
Annual discharges
7,832
Verified fact2024
HCRIS WS S-3
Average length of stay
2.3d
Verified fact2024
HCRIS WS S-3
Outpatient share of patient revenue
75.3%
Verified fact2024
HCRIS WS G-2 L28
Total FTEs
728.30
Verified fact2024
HCRIS WS S-3 Pt II
Contract labor share of labor cost
23.3%
Verified fact2024
HCRIS WS S-3 Pt V
Who it serves
Total unreimbursed & uncompensated care
$23.3M
Verified fact2023
HCRIS WS S-10 line 31
How the care measures up
C. difficile infection (SIR)
0.658
No Different than National Benchmark
CMS-reported measure07/01/2024 to 06/30/2025
CMS Care Compare
Hospital-wide unplanned readmission
15.1%
No Different Than the National Rate
CMS-reported measure07/01/2023 to 06/30/2024
CMS Care Compare
Medicare spending per beneficiary
0.91
CMS-reported measure01/01/2024 to 12/31/2024
CMS Care Compare
Patient-safety composite (PSI-90)
0.916197
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
LEWIS County, WA · nonmetro, urban 20K+, metro-adjacent
Median household income
$69.7K
vs $82.1K US · $59.7K rural median
Poverty rate
13.0%
vs 12.5% US · 14.3% rural median
Uninsured
7.1%
vs 8.6% US · 8.4% rural median
Age 65+
21.2%
vs 16.8% US · 20.6% rural median
Fair or poor health
19.0%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 11.8% of county personal income is Medicare/Medicaid medical benefits; 26.9% arrives as government transfers (BEA, 2022).
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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