Astrelis
Skilled nursing facility · Muncie, IN

MORRISON WOODS HEALTH CAMPUS

CCN 155769Delaware CountyFor profit - Limited Liability companyLatest FY 2025
Cost-report basis
HCRIS · as filed
Not audited by Astrelis
The read

A skilled nursing facility in Muncie, IN. It ran an operating loss of 41.6% in FY25 on $10.8M of operating revenue. It held 0 days of cash on hand (9th percentile among SNFs on liquidity). Operating margin declined from 8.1% in FY20 to -41.6% in FY25. Including nonoperating items, the all-in result was positive at 14.5%. On care, it carries a 4-star CMS quality rating. Its potentially-preventable readmissions runs 13.7%. On the filed record it is running at an operating loss with strong measured quality. Source-reported context, not a recommendation.

Overall Five-Star
4
Verified fact2025
Source: CMS Care Compare
Total nursing HPRD
4.28
Verified fact2025
Source: CMS PBJ staffing
Operating margin · FY25
-41.6%
vs SNFs3rd pctl of 12,481 (FY25)
Return to community
62.1%
Proxy2026
Source: CMS SNF QRP

Where MORRISON WOODS HEALTH sits among SNFs

Operating margin · FY25 pool · n = 12,481 of 13,901 filed

Each point is one SNF 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 SNF median is +1.0%. Descriptive context only, not a ranking.

-20%-10%0%+10%+20%SNF median +1.03%MORRISON WOODS -41.56%-20%0%+20%SNF median +1.03%MORRISON WOODS -41.56%
One snfMORRISON WOODSSNF median

The money

$ thousands · HCRIS cost-report basis · as filed, QA-gated

Ratios tell you how this skilled nursing 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
-41.6% (FY25)
Operating income ÷ total operating revenue
HCRIS WS G-3
Total margin
+14.5% (FY25)
Net income ÷ total revenue incl. nonoperating
HCRIS WS G-3
Days cash on hand
0d (FY25)
Cash & investments ÷ daily operating expense
HCRIS WS G / G-3
Current ratio
0.85× (FY25)
Total current assets ÷ current liabilities
HCRIS WS G
Equity financing ratio
0% (FY25)
Total net assets ÷ total assets
HCRIS WS G
Days in net patient A/R
35d (FY25)
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
HCRIS WS G / G-3
$ in thousands
Line itemFY23FY24FY25
Patient revenue14,38916,87910,802
Total operating revenue14,38916,87910,802
Total operating expenses11,64714,88615,292
Operating income2,7421,993(4,489)
Operating margin %+19.1%+11.8%-41.6%
Other non-operating, net84717,078
Net income2,8262,0642,589
Net income %+19.5%+12.2%+14.5%
HCRIS Worksheet G-3 (SNF) · $ thousands · FY20–FY25 · operating revenue reflects net patient revenue (the SNF form carries no other-operating split) · FY20–21 may include COVID-era relief funding in other income

How it operates

quality & operational context · CMS public reporting

The metrics this skilled nursing 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.

Overall Five-Star
4
Verified fact2025
CMS Care Compare
Health inspection star
3
Verified fact2025
CMS Care Compare
Quality measure star
5
Verified fact2025
CMS Care Compare
Staffing star
2
Verified fact2025
CMS Care Compare
Total nursing HPRD
4.28
Verified fact2025
CMS PBJ staffing
RN HPRD
0.61
Verified fact2025
CMS PBJ staffing
Total nurse turnover
52.9%
Verified fact2025
CMS PBJ staffing
Return to community
62.1%
Proxy2026
CMS SNF QRP
Potentially-preventable readmissions
13.7%
Proxy2026
CMS SNF QRP
Occupancy
84.2%
Verified fact2025
HCRIS WS S-1 (SNF cost report)
Medicare day share
33.9%
Verified fact2025
HCRIS WS S-1 (SNF cost report)
Medicaid day share
28.7%
Verified fact2025
HCRIS WS S-1 (SNF cost report)
Other payer day share
37.4%
Verified fact2025
HCRIS WS S-1 (SNF cost report)

Trajectory

Cost-report basis · 6 reporting years
Operating margin
+8.1%+22.8%+19.1%+19.1%+11.8%-41.6%FY20FY21FY22FY23FY24FY25
Days cash on hand
143 days0 daysFY20FY21FY22FY23FY24FY25

The county this skilled nursing facility serves

Delaware County, IN · metro, under 250K
Median household income
$56.9K
vs $82.1K US · $59.7K rural median
Poverty rate
19.9%
vs 12.5% US · 14.3% rural median
Uninsured
7.2%
vs 8.6% US · 8.4% rural median
Age 65+
17.4%
vs 16.8% US · 20.6% rural median
Fair or poor health
22.6%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 16.1% of county personal income is Medicare/Medicaid medical benefits; 32.0% arrives as government transfers (BEA, 2022).

SNF Performance Benchmark$2,500Available

Where this facility is underperforming its matched peer cohort and what that gap is worth, measure by measure. Delivered within 30 days of eligibility confirmation.

build aa21187 · 2026-07-28