Operating margin: +20.6% in FY2025, the 94th percentile of 1,322 critical access hospitals in the FY2025 pool. Days cash on hand: 418 days in FY2025, the 91st percentile of 1,297 critical access hospitals in the FY2025 pool. Total operating revenue: $143.3M in FY2025, the 97th percentile of 1,331 critical access hospitals in the FY2025 pool. Total margin (including nonoperating): +21.1% in FY2025, the 90th percentile of 1,322 critical access hospitals in the FY2025 pool. Figures as filed; not audited by Astrelis.
The read
A hospital in Platteville, WI. It ran an operating surplus of 20.6% in FY25 on $143.3M of operating revenue. It held 418 days of cash on hand (91st percentile of 1,297 Critical Access Hospitals on liquidity, FY25 pool). Operating margin improved from 8.8% in FY21 to 20.6% in FY25.
Operating margin · FY25
+20.6%
Astrelis calculation · as-filed inputs
▲ 11.6 pts vs FY24
vs Critical Access Hospitals94th pctl of 1,322 (FY25 pool)
pool: this metric's own fiscal year · excludes historical, non-panel, and out-of-range values
Days cash on hand · FY25
418d
all sources
Astrelis calculation · as-filed inputs
▲ 56 days vs FY24
vs Critical Access Hospitals91st pctl of 1,297 (FY25 pool)
pool: this metric's own fiscal year · excludes historical, non-panel, and out-of-range values
Total operating revenue · FY25
$143.3M
Astrelis calculation · as-filed inputs
▲ $31.2M vs FY24
vs Critical Access Hospitals97th pctl of 1,331 (FY25 pool)
pool: this metric's own fiscal year · excludes historical, non-panel, and out-of-range values
Total margin · incl. nonoperating · FY25
+21.1%
Astrelis calculation · as-filed inputs
▲ 7.8 pts vs FY24
vs Critical Access Hospitals90th pctl of 1,322 (FY25 pool)
pool: this metric's own fiscal year · excludes historical, non-panel, and out-of-range values
One point of operating margin at SOUTHWEST HEALTH CENTER is about $1.4M per year (1% of FY25 total operating revenue).
Where SOUTHWEST HEALTH CENTER sits among Critical Access Hospitals
Operating margin · FY25 pool · n = 1,322 of 1,404 filed
Each point is one Critical Access Hospital in the national FY25 distribution for Critical Access Hospitals, this hospital's comparison cohort, 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 FY25 median is -0.6%. Descriptive context only, not a ranking.
One critical access hospitalSOUTHWEST HEALTHCritical 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 computes only when every input is reported in the filing (otherwise its cell states which input is Not reported in source); a year whose balance sheet does not reconcile is labeled, and its derived ratios read Astrelis calculation unavailable. Not audited by Astrelis.
Net patient receivables × days in the report's own period ÷ net patient revenue, same fiscal year
Astrelis calculation · HCRIS WS G / G-3
$ in thousands
Line item
FY23
FY24
FY25
Patient revenue
103,731
109,954
138,535
Other operating revenue
4,140
2,113
4,754
Total operating revenue
107,871
112,067
143,289
Total operating expenses
95,028
101,933
113,764
Operating income
12,842
10,135
29,526
Operating margin %
+11.9%
+9.0%
+20.6%
Grants & contributions
380
234
179
Investment income
198
2,667
1,856
Other non-operating, net
5,895
2,636
275
Net income
19,316
15,672
31,835
Net income %
+16.9%
+13.3%
+21.1%
— = Not reported in source for that year.
HCRIS Worksheet G-3 / S-3 · $ thousands · FY21–FY25 · FY20–21 may include COVID-era relief funding in nonoperating income
How it operates
quality & operational context · CMS public reporting
A 25-bed hospital running at 27% occupancy, where 91% of patient revenue is outpatient.
The metrics this hospital type is judged on: care quality, patient experience, and scale. Each is labeled by provenance class and public source; descriptive context only, never a ranking or adequacy claim. Provenance labels: Reported value is copied from the named public source; Astrelis calculation is a formula applied to unchanged reported inputs, with the formula shown; Illustrative estimate is a benchmark gap, multiplier, or scenario — never a measurement.
Scale and flow
Occupancy
27.2%
Reported value2025
HCRIS WS S-3
Average daily census
6.81
Reported value2025
HCRIS WS S-3
Staffed beds (acute)
25
Reported value2025
HCRIS WS S-3
Annual discharges
708
Reported value2025
HCRIS WS S-3
Average length of stay
4 days
Reported value2025
HCRIS WS S-3
Cost per patient day
$45,799
Astrelis calculation2025
Astrelis calculation — total operating expense ÷ total patient days (HCRIS WS G-3 / S-3)
Cost per discharge (unadjusted)
$160,683
Astrelis calculation2025
Astrelis calculation — total operating expense ÷ discharges, NOT case-mix adjusted (adjusted discharges are not on the public filing set)
Swing-bed average daily census
0.47
Reported value2025
HCRIS WS S-3 L5–6
Swing-bed share of inpatient days
6.5%
Reported value2025
HCRIS WS S-3 (acute + swing days)
Outpatient share of patient revenue
90.7%
Reported value2025
HCRIS WS G-2 L28
How the care measures up
C. difficile infection (SIR)
Not reported in source (note 1)
CMS-reported measure07/01/2024 to 06/30/2025
CMS Care Compare
Hospital-wide unplanned readmission
14.1%
No Different Than the National Rate
CMS-reported measure07/01/2023 to 06/30/2024
CMS Care Compare
Note 1: Results cannot be calculated for this reporting period.
Commercial negotiated rates as a percent of Medicare rates, outpatient basket. Chart bound 300%; values beyond it are clipped at the bar edge and shown at their actual figure.
Hospital price files + Medicare rates
Directional indicator from public price files. Facility-specific rate positioning is the Commercial Pricing Study →
Trajectory
Cost-report basis · 5 reporting years
Operating margin
Days cash on hand
The county this hospital serves
GRANT County, WI
Median household income
$64.3K
vs $82.1K US · $59.7K rural median
Poverty rate
13.4%
vs 12.5% US · 14.3% rural median
Uninsured
7.5%
vs 8.6% US · 8.4% rural median
Age 65+
18.0%
vs 16.8% US · 20.6% rural median
Fair or poor health
18.5%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 10.2% of county personal income is Medicare/Medicaid medical benefits; 22.8% arrives as government transfers (BEA, 2022).
Illustrative advocacy scenario: what this hospital means to Grant County
Illustrative estimate · FY25 cost report
Direct annual spending
$113.8M
total operating expense · Reported value, not a local-capture estimate
Economic activity
$261.7M
direct spending × 2.30 · AHA national hospital economic activity report — a national hospital ratio, not a CAH or county figure · Illustrative estimate
Employment and labor income multipliers are from the National Center for Rural Health Works 2016 study of Critical Access Hospital economic impact (IMPLAN Type II, U.S. rural county populations); the economic-activity ratio is from the AHA national hospital economic activity report and describes U.S. hospitals as a whole; it is not a CAH-specific or county-specific figure. Applying any of these to an individual facility is an illustrative advocacy scenario, not a measurement: local capture depends on payroll residency, purchasing patterns, and county economic structure the sources do not observe. This facility is a critical access hospital, the NCRHW study population. Direct figures are reported values from the facility's HCRIS cost report. Want a defensible facility-specific figure? Request a Facility Economic Impact Study →
Operating margin vs its peer poolFY25Astrelis calculation
Operating margin vs its peer pool: FY25 pool · n = 1,322.
CAH Performance Benchmark: FY25 peer pool · n = 1,322 · conservative low band; acuity limits stated in the report.
Basis: 97 services in the basket · 7 classified commercial payers (60% of commercial volume classified) · pricing files · numerator: negotiated commercial allowed amounts (classified payers) · denominator: Medicare OPPS-equivalent for the same services · weighting: volume-weighted line-level outpatient service basket (CY2026 OPPS equivalent) (weight coverage 98%).
Report coverage: Limited Facility Benchmark. 14 of 17 facility measures available from public sources. The report covers the available measures against their peer benchmarks; measures the public record does not carry become findings. Coverage is disclosed here before you reserve, and thin data is never a decline reason. The refund guarantee stands: if we cannot deliver the published scope, you pay nothing.
The Board Briefing
Your facility and its world, board-ready. Measures the public record does not carry become findings, never a decline reason.
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Astrelis Atlas, "Southwest Health Center", https://astrelis.co/hospitals/521354, release 2321a4fc37a7 (2026-10-22). Figures as filed in the named public sources; not audited by Astrelis.
Machine-readable twin of this page: astrelis.co/hospitals/521354.md (Markdown, the same figures with their fiscal years, pools and definitions). Last modified: release 2321a4fc37a7, 2026-10-22. Figures are as filed in the named public sources. Astrelis is not a CPA firm and performs no audit, review or attestation of any facility.
