Astrelis
Critical Access Hospital · Ilwaco, WA

OCEAN BEACH HOSPITAL

CCN 501314PACIFIC CountyGovernment - Hospital District or AuthorityRural (USDA RUCC)25 bedsLatest FY 2024
Cost-report basis
HCRIS · as filed
Not audited by Astrelis
The read

A hospital in Ilwaco, WA. It ran an operating loss of 10.5% in FY24 on $36.5M of operating revenue. It held 214 days of cash on hand (74th percentile among Critical Access Hospitals on liquidity). Operating margin improved from -33.9% in FY20 to -10.5% in FY24. Including nonoperating items, the all-in result was positive at 0.0%.

Operating margin · FY24
-10.5%
0.0 pts vs FY23
vs Critical Access Hospitals26th pctl of 1,340 (FY24)
Days cash on hand · FY24
214d
all sources
58.6 days vs FY23
vs Critical Access Hospitals74th pctl of 1,325 (FY24)
Total operating revenue · FY24
$36.5M
2.4 $M vs FY23
vs Critical Access Hospitals59th pctl of 1,356 (FY24)
Total margin · incl. nonoperating · FY24
0.0%
2.1 pts vs FY23
vs Critical Access Hospitals30th pctl of 1,340 (FY24)
Benchmarked within its own FY24 pool (n=1,340); the Critical Access Hospital cohort's current year is FY25.
One point of operating margin at OCEAN BEACH HOSPITAL is about $365K per year (1% of FY24 total operating revenue).

Where OCEAN BEACH HOSPITAL sits among Critical Access Hospitals

Operating margin · FY24 pool · n = 1,340 of 1,404 filed

Each point is one Critical Access 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 Critical Access Hospital median is -1.8%. Descriptive context only, not a ranking.

Benchmarked within its own FY24 pool (n=1,340); the Critical Access Hospital cohort's current year is FY25.
-20%-10%0%+10%+20%Critical Access Hospital median -1.8424776517003405%OCEAN BEACH -10.523819055793052%-20%0%+20%Critical Access Hospital median -1.8424776517003405%OCEAN BEACH -10.523819055793052%
One critical access hospitalOCEAN BEACHCritical Access 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
-10.5% (FY24)
Operating income ÷ total operating revenue
HCRIS WS G-3
Total margin
0.0% (FY24)
Net income ÷ total revenue incl. nonoperating
HCRIS WS G-3
Days cash on hand
214d (FY24)
Cash, investments & board-designated reserves ÷ daily operating expense (excl. depreciation)
HCRIS WS G / G-3
Current ratio
8.55× (FY24)
Total current assets ÷ current liabilities
HCRIS WS G
Equity financing ratio
58% (FY24)
Total net assets ÷ total assets
HCRIS WS G
Days in net patient A/R
56d (FY24)
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
HCRIS WS G / G-3
Medicare inpatient contribution margin
+42.9% (FY24)
77th percentile of 171 CAHs. Full comparison in the CAH Performance Benchmark.
HCRIS cost report · CAH economics engine
Medicare outpatient contribution margin
+34.3% (FY24)
19th percentile of 171 CAHs. Full comparison in the CAH Performance Benchmark.
HCRIS cost report · CAH economics engine
$ in thousands
Line itemFY22FY23FY24
Patient revenue31,41133,83436,354
Other operating revenue239203115
Total operating revenue31,65034,03736,469
Total operating expenses32,53737,60440,307
Operating income(887)(3,566)(3,838)
Operating margin %-2.8%-10.5%-10.5%
Grants & contributions3,8921,3302,072
Investment income3218441,023
Other non-operating, net918621752
Net income4,244(771)9
Net income %+11.5%-2.1%0.0%
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 25-bed hospital at 13% occupancy where swing beds are 37% of the inpatient business and 86% 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
13.1%
Verified fact2024
HCRIS WS S-3
Average daily census
3.28
Verified fact2024
HCRIS WS S-3
Staffed beds (acute)
25
Verified fact2024
HCRIS WS S-3
Annual discharges
302
Verified fact2024
HCRIS WS S-3
Average length of stay
4.0d
Verified fact2024
HCRIS WS S-3
Swing-bed average daily census
1.93
Verified fact2024
HCRIS WS S-3 L5–6
Swing-bed share of inpatient days
37.0%
Verified fact2024
HCRIS WS S-3 (acute + swing days)
Outpatient share of patient revenue
86.1%
Verified fact2024
HCRIS WS G-2 L28
Who it serves
Total unreimbursed & uncompensated care
$3.5M
Verified fact2023
HCRIS WS S-10 line 31
How the care measures up
C. difficile infection (SIR)
Results cannot be calculated for this reporting period.
CMS-reported measure07/01/2024 to 06/30/2025
CMS Care Compare
Hospital-wide unplanned readmission
14.4%
No Different Than the National Rate
CMS-reported measure07/01/2023 to 06/30/2024
CMS Care Compare

Trajectory

Cost-report basis · 5 reporting years
Operating margin
-33.9%-0.4%-2.8%-10.5%-10.5%FY20FY21FY22FY23FY24
Days cash on hand
303 days291 days225 days155 days214 daysFY20FY21FY22FY23FY24

The county this hospital serves

PACIFIC County, WA · nonmetro, urban 5–20K
Median household income
$62.4K
vs $82.1K US · $59.7K rural median
Poverty rate
11.6%
vs 12.5% US · 14.3% rural median
Uninsured
5.4%
vs 8.6% US · 8.4% rural median
Age 65+
33.0%
vs 16.8% US · 20.6% rural median
Fair or poor health
19.1%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 17.6% of county personal income is Medicare/Medicaid medical benefits; 40.1% arrives as government transfers (BEA, 2022).

What this hospital means to Pacific County

economic contribution · FY24 cost report
Direct annual spending
$40.3M
total operating expense · reported
Total economic output
$92.7M
× 2.30 output multiplier · estimate, upper bound for rural
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). Direct figures are reported values from the facility's HCRIS cost report; multiplied figures are estimates.

CAH Performance Benchmark$2,500Founding Edition

Where this facility is underperforming its matched peer cohort and what that gap is worth, measure by measure. Founding Edition: delivered within 30 days of eligibility confirmation, full refund if the published scope cannot be delivered.

Commercial Pricing Study$10,000CAH only, subject to data validation

Your negotiated commercial rates against Medicare and against peers, from hospitals' own published price files. We validate your hospital's rate file before taking payment.

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