A dialysis facility in Plattsburgh, NY. It ran an operating surplus of 37.5% in FY24 on $9.5M of operating revenue. It held 38 days of cash on hand (49th percentile among dialysis facilities on liquidity). Operating margin improved from 16.9% in FY20 to 37.5% in FY24, though it fell 5.5 points in the most recent year.
Operating margin · FY24
+37.5%
▼ 5.5 pts vs FY23
vs dialysis facilities96th pctl of 7,741
Days cash on hand · FY24
38d
all sources
▼ 14.9 days vs FY23
vs dialysis facilities49th pctl
Total operating revenue · FY24
$9.5M
▼ 0.9 $M vs FY23
vs dialysis facilities97th pctl
Total margin · incl. nonoperating · FY24
+23.3%
▼ 4.4 pts vs FY23
vs dialysis facilities79th pctl
Where H.K. FREEDMAN RENAL sits among dialysis facilities
Operating margin · FY24 pool · n = 7,741 of 7,741 filed
Each point is one dialysis facility 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 dialysis facility median is +11.9%. Descriptive context only, not a ranking.
One dialysis facilityH.K. FREEDMANdialysis facility median
The money
$ thousands · HCRIS cost-report basis · as filed, QA-gated
Ratios tell you how this dialysis facility 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
+37.5% (FY24)
Operating income ÷ total operating revenue
HCRIS WS G-3
Total margin
+23.3% (FY24)
Net income ÷ total revenue incl. nonoperating
HCRIS WS G-3
Days cash on hand
38d (FY24)
Cash & investments ÷ daily operating expense
HCRIS WS G / G-3
Current ratio
0.80× (FY24)
Total current assets ÷ current liabilities
HCRIS WS G
Equity financing ratio
30% (FY24)
Total net assets ÷ total assets
HCRIS WS G
Days in net patient A/R
57d (FY24)
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
HCRIS WS G / G-3
$ in thousands
Line item
FY22
FY23
FY24
Patient revenue
10,481
10,400
9,511
Total operating revenue
10,481
10,400
9,511
Total operating expenses
5,848
5,933
5,945
Operating income
4,634
4,467
3,566
Operating margin %
+44.2%
+43.0%
+37.5%
Other non-operating, net
3
(2,197)
(1,760)
Net income
4,637
2,270
1,806
Net income %
+44.2%
+27.7%
+23.3%
HCRIS CMS-265 cost report · $ thousands · FY20–FY24 · operating revenue reflects net patient service revenue · FY20–21 may include COVID-era relief funding
How it operates
quality & operational context · CMS public reporting
The metrics this dialysis facility 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.
Quality star
4★
Proxy2026
CMS Dialysis Compare
Total treatments
15,979
Verified fact2024
HCRIS CMS-265
Cost per treatment ($)
372.06
Verified fact2024
HCRIS CMS-265
Net revenue per treatment ($)
595.24
Verified fact2024
HCRIS CMS-265
Dialysis stations
24
Verified fact2026
CMS Dialysis Facility Compare
Modalities offered
3
Verified fact2026
CMS Dialysis Facility Compare
Trajectory
Cost-report basis · 5 reporting years
Operating margin
Days cash on hand
The county this dialysis facility serves
Location, NY · nonmetro, urban 20K+, metro-adjacent
Median household income
$69.2K
vs $82.1K US · $59.7K rural median
Poverty rate
13.8%
vs 12.5% US · 14.3% rural median
Uninsured
2.9%
vs 8.6% US · 8.4% rural median
Age 65+
18.3%
vs 16.8% US · 20.6% rural median
Fair or poor health
17.4%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 12.0% of county personal income is Medicare/Medicaid medical benefits; 27.1% arrives as government transfers (BEA, 2022).
The Board Briefing$1,000
The free profile shows the record. The Board Briefing tells you what changed, what matters, and what your board should ask. 35+ pages, built entirely from public sources, no client data required. Delivered within 2 business days. If we cannot deliver the published scope for your facility, you pay nothing.
