Astrelis
Rural PPS hospital · Riverton, WY

SAGEWEST HEALTH CARE

CCN 530008FREMONT CountyProprietaryRural (USDA RUCC)121 bedsLatest FY 2024
Cost-report basis
HCRIS · as filed
Not audited by Astrelis
The read

A hospital in Riverton, WY. It ran an operating loss of 5.6% in FY24 on $68.9M of operating revenue. It held 1 day of cash on hand (21st percentile among Rural PPS hospitals on liquidity). Operating margin declined from 3.9% in FY20 to -5.6% in FY24, though it rose 15.3 points in the most recent year.

Operating margin · FY24
-5.6%
15.3 pts vs FY23
vs Rural PPS hospitals34th pctl of 387 (FY24)
Days cash on hand · FY24
1d
all sources
4.7 days vs FY23
vs Rural PPS hospitals21st pctl of 376 (FY24)
Total operating revenue · FY24
$68.9M
4.9 $M vs FY23
vs Rural PPS hospitals39th pctl of 393 (FY24)
Total margin · incl. nonoperating · FY24
-5.4%
15.5 pts vs FY23
vs Rural PPS hospitals22nd pctl of 387 (FY24)
One point of operating margin at SAGEWEST HEALTH CARE is about $689K per year (1% of FY24 total operating revenue).

Where SAGEWEST HEALTH CARE 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.

-20%-10%0%+10%+20%Rural PPS hospital median -0.8727424997636124%SAGEWEST HEALTH -5.624407928427705%-20%0%+20%Rural PPS hospital median -0.8727424997636124%SAGEWEST HEALTH -5.624407928427705%
One rural pps hospitalSAGEWEST HEALTHRural 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.

Operating margin
-5.6% (FY24)
Operating income ÷ total operating revenue
HCRIS WS G-3
Total margin
-5.4% (FY24)
Net income ÷ total revenue incl. nonoperating
HCRIS WS G-3
Days cash on hand
1d (FY24)
Cash, investments & board-designated reserves ÷ daily operating expense (excl. depreciation)
HCRIS WS G / G-3
Current ratio
Not shown, balance sheet did not reconcile as filed
Total current assets ÷ current liabilities
HCRIS WS G
Equity financing ratio
Not shown, balance sheet did not reconcile as filed
Total net assets ÷ total assets
HCRIS WS G
Days in net patient A/R
Not shown, balance sheet did not reconcile as filed
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
HCRIS WS G / G-3
$ in thousands
Line itemFY22FY23FY24
Patient revenue68,32373,32968,697
Other operating revenue691535235
Total operating revenue69,01373,86468,932
Total operating expenses72,25189,33472,809
Operating income(3,238)(15,470)(3,877)
Operating margin %-4.7%-20.9%-5.6%
Investment income2
Other non-operating, net8445148
Net income(3,152)(15,425)(3,729)
Net income %-4.6%-20.9%-5.4%
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 121-bed hospital at 11% occupancy 66% 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
10.7%
Verified fact2024
HCRIS WS S-3
Average daily census
13.01
Verified fact2024
HCRIS WS S-3
Staffed beds (acute)
121
Verified fact2024
HCRIS WS S-3
Annual discharges
1,848
Verified fact2024
HCRIS WS S-3
Average length of stay
2.6d
Verified fact2024
HCRIS WS S-3
Outpatient share of patient revenue
65.8%
Verified fact2024
HCRIS WS G-2 L28
Total FTEs
207.80
Verified fact2024
HCRIS WS S-3 Pt II
Contract labor share of labor cost
16.8%
Verified fact2024
HCRIS WS S-3 Pt V
Who it serves
Total unreimbursed & uncompensated care
$6.3M
Verified fact2023
HCRIS WS S-10 line 31
How the care measures up
C. difficile infection (SIR)
0.929
No Different than National Benchmark
CMS-reported measure07/01/2024 to 06/30/2025
CMS Care Compare
Hospital-wide unplanned readmission
15.5%
No Different Than the National Rate
CMS-reported measure07/01/2023 to 06/30/2024
CMS Care Compare
Medicare spending per beneficiary
0.95
CMS-reported measure01/01/2024 to 12/31/2024
CMS Care Compare
Patient-safety composite (PSI-90)
0.959238
CMS-reported measure07/01/2022 to 06/30/2024
CMS Care Compare

Trajectory

Cost-report basis · 5 reporting years
Operating margin
+3.9%+5.6%-4.7%-20.9%-5.6%FY20FY21FY22FY23FY24
Days cash on hand
0 days0 days0 days6 days1 dayFY20FY21FY22FY23FY24

The county this hospital serves

FREMONT County, WY · nonmetro, urban 5–20K
Median household income
$64.6K
vs $82.1K US · $59.7K rural median
Poverty rate
12.4%
vs 12.5% US · 14.3% rural median
Uninsured
18.6%
vs 8.6% US · 8.4% rural median
Age 65+
19.6%
vs 16.8% US · 20.6% rural median
Fair or poor health
20.6%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 11.7% of county personal income is Medicare/Medicaid medical benefits; 26.3% arrives as government transfers (BEA, 2022).

What this hospital means to Fremont County

economic contribution · FY24 cost report
Direct annual spending
$72.8M
total operating expense · reported
Total economic output
$167.5M
× 2.30 output multiplier · upper-bound estimate, upper bound for rural
Share of county employment
1.3%
of all county jobs
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.

Rural PPS 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.

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