A hospital in Franklin, WI. It ran an operating surplus of 34.0% in FY24 on $90.3M of operating revenue. It held 135 days of cash on hand (77th percentile among Urban PPS hospitals on liquidity). Operating margin declined from 38.1% in FY20 to 34.0% in FY24.
Operating margin · FY24
+34.0%
▼ 2.8 pts vs FY23
vs Urban PPS hospitals97th pctl of 2,562 (FY24)
Days cash on hand · FY24
135d
all sources
▲ 22.8 days vs FY23
vs Urban PPS hospitals77th pctl of 2,354 (FY24)
Total operating revenue · FY24
$90.3M
▲ 2.7 $M vs FY23
vs Urban PPS hospitals20th pctl of 2,608 (FY24)
Total margin · incl. nonoperating · FY24
+34.4%
▼ 2.9 pts vs FY23
vs Urban PPS hospitals97th pctl of 2,563 (FY24)
Benchmarked within its own FY24 pool (n=2,562); the Urban PPS hospital cohort's current year is FY25.
One point of operating margin at MIDWEST ORTHOPEDIC SPECIALTY HOSPITAL is about $903K per year (1% of FY24 total operating revenue).
Where MIDWEST ORTHOPEDIC SPECIALTY sits among Urban PPS hospitals
Operating margin · FY24 pool · n = 2,562 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 +2.0%. Descriptive context only, not a ranking.
Benchmarked within its own FY24 pool (n=2,562); the Urban PPS hospital cohort's current year is FY25.
One urban pps hospitalMIDWEST ORTHOPEDICUrban 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
78,417
87,192
89,876
Other operating revenue
240
352
385
Total operating revenue
78,657
87,544
90,261
Total operating expenses
49,397
55,319
59,553
Operating income
29,260
32,225
30,709
Operating margin %
+37.2%
+36.8%
+34.0%
Investment income
79
331
360
Other non-operating, net
321
300
175
Net income
29,660
32,856
31,244
Net income %
+37.5%
+37.3%
+34.4%
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 16-bed hospital at 19% occupancy 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
19.5%
Verified fact2024
HCRIS WS S-3
Average daily census
3.12
Verified fact2024
HCRIS WS S-3
Staffed beds (acute)
16
Verified fact2024
HCRIS WS S-3
Annual discharges
503
Verified fact2024
HCRIS WS S-3
Average length of stay
2.3d
Verified fact2024
HCRIS WS S-3
Outpatient share of patient revenue
85.8%
Verified fact2024
HCRIS WS G-2 L28
Total FTEs
150.20
Verified fact2024
HCRIS WS S-3 Pt II
Contract labor share of labor cost
20.3%
Verified fact2024
HCRIS WS S-3 Pt V
Who it serves
Total unreimbursed & uncompensated care
$2.2M
Verified fact2023
HCRIS WS S-10 line 31
How the care measures up
C. difficile infection (SIR)
Results are based on a shorter time period than required.; Results cannot be calculated for this reporting period.; This measure was calculated using partial performance period data due to a CMS-approved exception.
CMS-reported measure07/01/2024 to 06/30/2025
CMS Care Compare
Hospital-wide unplanned readmission
This measure was calculated using partial performance period data due to a CMS-approved exception.
CMS-reported measure07/01/2023 to 06/30/2024
CMS Care Compare
Medicare spending per beneficiary
Results are not available for this reporting period.
CMS-reported measure01/01/2024 to 12/31/2024
CMS Care Compare
Patient-safety composite (PSI-90)
This measure was calculated using partial performance period data due to a CMS-approved exception.
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
MILWAUKEE County, WI · metro, 1M+ population
Median household income
$62.1K
vs $82.1K US · $59.7K rural median
Poverty rate
17.5%
vs 12.5% US · 14.3% rural median
Uninsured
7.1%
vs 8.6% US · 8.4% rural median
Age 65+
14.4%
vs 16.8% US · 20.6% rural median
Fair or poor health
22.2%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 11.3% of county personal income is Medicare/Medicaid medical benefits; 23.5% arrives as government transfers (BEA, 2022).
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