Astrelis
Urban PPS hospital · Silverdale, WA

HARRISON MEDICAL CENTER

CCN 500039KITSAP CountyVoluntary non-profit - Private214 bedsLatest FY 2025
Cost-report basis
HCRIS · as filed
Not audited by Astrelis
The read

A hospital in Silverdale, WA. It ran an operating surplus of 11.9% in FY25 on $820.2M of operating revenue. It held 2 days of cash on hand (33rd percentile among Urban PPS hospitals on liquidity). Operating margin improved from 8.2% in FY21 to 11.9% in FY25, though it fell 0.6 points in the most recent year.

Operating margin · FY25
+11.9%
0.6 pts vs FY24
vs Urban PPS hospitals77th pctl of 1,475 (FY25)
Days cash on hand · FY25
2d
all sources
0.5 days vs FY24
vs Urban PPS hospitals33rd pctl of 1,386 (FY25)
Total operating revenue · FY25
$820.2M
58.0 $M vs FY24
vs Urban PPS hospitals83rd pctl of 1,503 (FY25)
Total margin · incl. nonoperating · FY25
+14.1%
0.9 pts vs FY24
vs Urban PPS hospitals75th pctl of 1,475 (FY25)
One point of operating margin at HARRISON MEDICAL CENTER is about $8.2M per year (1% of FY25 total operating revenue).

Where HARRISON MEDICAL CENTER 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.

-20%-10%0%+10%+20%Urban PPS hospital median +1.3311360264910879%HARRISON MEDICAL +11.885834058443582%-20%0%+20%Urban PPS hospital median +1.3311360264910879%HARRISON MEDICAL +11.885834058443582%
One urban pps hospitalHARRISON MEDICALUrban 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
+11.9% (FY25)
Operating income ÷ total operating revenue
HCRIS WS G-3
Total margin
+14.1% (FY25)
Net income ÷ total revenue incl. nonoperating
HCRIS WS G-3
Days cash on hand
2d (FY25)
Cash, investments & board-designated reserves ÷ daily operating expense (excl. depreciation)
HCRIS WS G / G-3
Current ratio
2.79× (FY25)
Total current assets ÷ current liabilities
HCRIS WS G
Equity financing ratio
86% (FY25)
Total net assets ÷ total assets
HCRIS WS G
Days in net patient A/R
58d (FY25)
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
HCRIS WS G / G-3
$ in thousands
Line itemFY23FY24FY25
Patient revenue653,406762,224820,220
Total operating revenue653,406762,224820,220
Total operating expenses638,909666,985722,730
Operating income14,49795,23997,490
Operating margin %+2.2%+12.5%+11.9%
Grants & contributions435269
Investment income(2,935)1,394215
Other non-operating, net32,71320,69620,706
Net income44,279117,364118,680
Net income %+6.5%+15.0%+14.1%
HCRIS Worksheet G-3 / S-3 · $ thousands · FY21–FY25 · where other operating income is not reported, total operating revenue reflects net patient revenue alone · FY20–21 may include COVID-era relief funding in nonoperating income
FY23 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 214-bed hospital at 100% occupancy 53% 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
99.6%
Verified fact2025
HCRIS WS S-3
Average daily census
213.65
Verified fact2025
HCRIS WS S-3
Staffed beds (acute)
214
Verified fact2025
HCRIS WS S-3
Annual discharges
18,403
Verified fact2025
HCRIS WS S-3
Average length of stay
4.2d
Verified fact2025
HCRIS WS S-3
Outpatient share of patient revenue
53.1%
Verified fact2025
HCRIS WS G-2 L28
Total FTEs
1,860
Verified fact2025
HCRIS WS S-3 Pt II
Contract labor share of labor cost
18.8%
Verified fact2025
HCRIS WS S-3 Pt V
How the care measures up
C. difficile infection (SIR)
0.376
Better than the National Benchmark
CMS-reported measure07/01/2024 to 06/30/2025
CMS Care Compare
Hospital-wide unplanned readmission
13.7%
Better Than the National Rate
CMS-reported measure07/01/2023 to 06/30/2024
CMS Care Compare
Medicare spending per beneficiary
0.95
CMS-reported measure01/01/2024 to 12/31/2024
CMS Care Compare
Patient-safety composite (PSI-90)
0.889638
CMS-reported measure07/01/2022 to 06/30/2024
CMS Care Compare

Trajectory

Cost-report basis · 5 reporting years
Operating margin
+8.2%+9.6%+2.2%+12.5%+11.9%FY21FY22FY23FY24FY25
Days cash on hand
339 days162 days19 days1 day2 daysFY21FY22FY23FY24FY25

The county this hospital serves

KITSAP County, WA
Median household income
$98.5K
vs $82.1K US · $59.7K rural median
Poverty rate
8.3%
vs 12.5% US · 14.3% rural median
Uninsured
5.3%
vs 8.6% US · 8.4% rural median
Age 65+
19.1%
vs 16.8% US · 20.6% rural median
Fair or poor health
14.2%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 6.9% of county personal income is Medicare/Medicaid medical benefits; 17.5% arrives as government transfers (BEA, 2022).

Portfolio Performance ReviewFrom $7,500Founding Edition

Every facility in your portfolio, benchmarked and triaged: which are fine, which need a closer look, which need attention now. Requires only a CCN roster. Founding Edition: delivered within 30 days of eligibility confirmation, full refund if the published scope cannot be delivered.

build aa21187 · 2026-07-23