Financial anchor year: FY25. Margin and revenue are as filed for FY25. Balance-sheet measures (current ratio, equity financing, days in A/R) use FY22, the latest filing whose balance sheet reconciled as filed. Every tile below states its own fiscal year; nothing is carried forward or estimated.
The read
A hospital in Watertown, WI. It ran an operating surplus of 4.2% in FY25 on $115.2M of operating revenue. It held 5 days of cash on hand (29th percentile among Rural PPS hospitals on liquidity). Operating margin improved from 1.8% in FY21 to 4.2% in FY25. These figures come from filings spanning FY22–FY25: read each by its own year rather than as one current picture.
Operating margin · FY25
+4.2%
vs Rural PPS hospitals65th pctl of 387 (FY24)
Days cash on hand · FY25
5d
all sources
vs Rural PPS hospitals29th pctl of 376 (FY24)
Total operating revenue · FY25
$115.2M
vs Rural PPS hospitals58th pctl of 393 (FY24)
Total margin · incl. nonoperating · FY25
+5.0%
vs Rural PPS hospitals58th pctl of 387 (FY24)
This facility's newest settled year, FY25, has not yet reached pool validity: benchmarked against the FY24 pool (n=387).
One point of operating margin at WATERTOWN MEMORIAL HOSPITAL is about $1.2M per year (1% of FY25 total operating revenue).
Where WATERTOWN MEMORIAL 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.
This facility's newest settled year, FY25, has not yet reached pool validity: benchmarked against the FY24 pool (n=387).
One rural pps hospitalWATERTOWN MEMORIALRural 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
FY23
FY24
FY25
Patient revenue
102,366
108,247
113,545
Other operating revenue
1,245
—
1,662
Total operating revenue
103,612
108,247
115,207
Total operating expenses
124,284
107,405
110,359
Operating income
(20,673)
842
4,847
Operating margin %
-20.0%
+0.8%
+4.2%
Other non-operating, net
862
2,853
935
Net income
(19,811)
3,695
5,782
Net income %
-19.0%
+3.3%
+5.0%
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
How it operates
quality & operational context · CMS public reporting
A 72-bed hospital at 18% occupancy 67% 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
17.5%
Verified fact2025
HCRIS WS S-3
Average daily census
12.65
Verified fact2025
HCRIS WS S-3
Staffed beds (acute)
72
Verified fact2025
HCRIS WS S-3
Annual discharges
1,878
Verified fact2025
HCRIS WS S-3
Average length of stay
2.5d
Verified fact2025
HCRIS WS S-3
Swing-bed average daily census
0.01
Verified fact2025
HCRIS WS S-3 L5–6
Swing-bed share of inpatient days
0.1%
Verified fact2025
HCRIS WS S-3 (acute + swing days)
Outpatient share of patient revenue
66.6%
Verified fact2025
HCRIS WS G-2 L28
Total FTEs
488.70
Verified fact2025
HCRIS WS S-3 Pt II
Contract labor share of labor cost
16.0%
Verified fact2025
HCRIS WS S-3 Pt V
How the care measures up
C. difficile infection (SIR)
0
No Different than National Benchmark
CMS-reported measure07/01/2024 to 06/30/2025
CMS Care Compare
Hospital-wide unplanned readmission
14.3%
No Different Than the National Rate
CMS-reported measure07/01/2023 to 06/30/2024
CMS Care Compare
Medicare spending per beneficiary
0.97
CMS-reported measure01/01/2024 to 12/31/2024
CMS Care Compare
Patient-safety composite (PSI-90)
0.905536
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
DODGE County, WI
Median household income
$74.0K
vs $82.1K US · $59.7K rural median
Poverty rate
7.9%
vs 12.5% US · 14.3% rural median
Uninsured
4.0%
vs 8.6% US · 8.4% rural median
Age 65+
18.5%
vs 16.8% US · 20.6% rural median
Fair or poor health
18.2%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 7.8% of county personal income is Medicare/Medicaid medical benefits; 20.0% 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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