Astrelis
Children's hospital · Milwaukee, WI

CHILDRENS HOSPITAL OF WISCONSIN

CCN 523300MILWAUKEE CountyVoluntary non-profit - OtherUrban (USDA RUCC)132 bedsLatest FY 2024
Cost-report basis
HCRIS · as filed
Not audited by Astrelis
The read

A hospital in Milwaukee, WI. It ran an operating surplus of 7.2% in FY24 on $928.9M of operating revenue. It held 136 days of cash on hand (43rd percentile among Children's hospitals on liquidity). Operating margin improved from -0.3% in FY20 to 7.2% in FY24.

Operating margin · FY24
+7.2%
2.1 pts vs FY23
vs Children's hospitals61st pctl of 66 (FY24)
Days cash on hand · FY24
136d
all sources
5.9 days vs FY23
vs Children's hospitals43rd pctl of 60 (FY24)
Total operating revenue · FY24
$928.9M
72.8 $M vs FY23
vs Children's hospitals57th pctl of 68 (FY24)
Total margin · incl. nonoperating · FY24
+10.4%
1.2 pts vs FY23
vs Children's hospitals52nd pctl of 66 (FY24)
Benchmarked within its own FY24 pool (n=66); the Children's hospital cohort's current year is FY25.
One point of operating margin at CHILDRENS HOSPITAL OF WISCONSIN is about $9.3M per year (1% of FY24 total operating revenue).

Where CHILDRENS HOSPITAL OF sits among Children's hospitals

Operating margin · FY24 pool · n = 66 of 73 filed

Each point is one Children's 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 Children's hospital median is +5.6%. Descriptive context only, not a ranking.

Benchmarked within its own FY24 pool (n=66); the Children's hospital cohort's current year is FY25.
-20%-10%0%+10%+20%Children's hospital median +5.572969972789766%CHILDRENS HOSPITAL +7.20560781971937%-20%0%+20%Children's hospital median +5.572969972789766%CHILDRENS HOSPITAL +7.20560781971937%
One children's hospitalCHILDRENS HOSPITALChildren's 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
+7.2% (FY24)
Operating income ÷ total operating revenue
HCRIS WS G-3
Total margin
+10.4% (FY24)
Net income ÷ total revenue incl. nonoperating
HCRIS WS G-3
Days cash on hand
136d (FY24)
Cash, investments & board-designated reserves ÷ daily operating expense (excl. depreciation)
HCRIS WS G / G-3
Current ratio
5.75× (FY24)
Total current assets ÷ current liabilities
HCRIS WS G
Equity financing ratio
78% (FY24)
Total net assets ÷ total assets
HCRIS WS G
Days in net patient A/R
53d (FY24)
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
HCRIS WS G / G-3
$ in thousands
Line itemFY22FY23FY24
Patient revenue795,099834,612901,072
Other operating revenue59,05621,50327,831
Total operating revenue854,155856,115928,903
Total operating expenses755,232812,626861,970
Operating income98,92443,48966,933
Operating margin %+11.6%+5.1%+7.2%
Grants & contributions(1,975)
Investment income(22,290)15,38210,317
Other non-operating, net22,27023,29522,916
Net income96,92982,166100,166
Net income %+11.4%+9.2%+10.4%
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 132-bed hospital at 57% occupancy 46% 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
57.4%
Verified fact2024
HCRIS WS S-3
Average daily census
76.04
Verified fact2024
HCRIS WS S-3
Staffed beds (acute)
132
Verified fact2024
HCRIS WS S-3
Annual discharges
10,276
Verified fact2024
HCRIS WS S-3
Average length of stay
2.7d
Verified fact2024
HCRIS WS S-3
Outpatient share of patient revenue
45.9%
Verified fact2024
HCRIS WS G-2 L28
How the care measures up
C. difficile infection (SIR)
Data are shown only for hospitals that participate in the Inpatient Quality Reporting (IQR) and Outpatient Quality Reporting (OQR) programs.
CMS-reported measure07/01/2024 to 06/30/2025
CMS Care Compare
Hospital-wide unplanned readmission
Data are shown only for hospitals that participate in the Inpatient Quality Reporting (IQR) and Outpatient Quality Reporting (OQR) programs.
CMS-reported measure07/01/2023 to 06/30/2024
CMS Care Compare
Medicare spending per beneficiary
Data are shown only for hospitals that participate in the Inpatient Quality Reporting (IQR) and Outpatient Quality Reporting (OQR) programs.
CMS-reported measure01/01/2024 to 12/31/2024
CMS Care Compare
Patient-safety composite (PSI-90)
Data are shown only for hospitals that participate in the Inpatient Quality Reporting (IQR) and Outpatient Quality Reporting (OQR) programs.
CMS-reported measure07/01/2022 to 06/30/2024
CMS Care Compare

Trajectory

Cost-report basis · 5 reporting years
Operating margin
-0.3%+10.2%+11.6%+5.1%+7.2%FY20FY21FY22FY23FY24
Days cash on hand
921 days961 days159 days142 days136 daysFY20FY21FY22FY23FY24

The county this hospital serves

MILWAUKEE County, WI · metro, 1M+ population
Median household income
$62.1K
vs $82.1K US
Poverty rate
17.5%
vs 12.5% US
Uninsured
7.1%
vs 8.6% US
Age 65+
14.4%
vs 16.8% US
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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