HCRIS
Cost Report · CCN 150172 · FY 2024

PHYSICIANS MEDICAL CENTER

NEW ALBANY, IN 47150 · Fiscal year ending 2024-12-31

Acute Care Hospitals410 beds⚠ Distress flaggedSystem: physicians
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$60.7M
TOTAL REVENUES
$8.4M
NET INCOME
13.8%
OPERATING MARGIN
360
DISCHARGES
01 — FINANCIAL

Financial summary

Total revenues
$60.7M
Total costs
$53.2M
Net income
$8.4M
Operating margin
13.8%
Total charges
$226.1M
Medicare charges
$3.4M
Medicaid charges
Charity care charges
Uncompensated care
$69K
Bad debt
$843K
Total assets
$147.8M
Total liabilities
$24.3M
Fund balance
$123.5M
02 — UTILIZATION

Utilization

Total beds
10
Bed days available
3,660
Total inpatient days
687
Medicare inpatient days
151
Medicaid inpatient days
45
Total outpatient visits
Total discharges
360
Total FTEs
Inpatient residents
Outpatient residents
03 — HISTORY

Latest filing

Fiscal yearDischargesRevenueNet incomeMargin
2024-12-31360$60.7M$8.4M13.8%
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03b — TREND CHART

Revenue, costs, and net income by fiscal year

Multi-year P&L chart — visualize revenue, costs, and net income side-by-side across every filing.See Solo · $499/yr
DISTRESS RADAR

Risk signals detected

Auto-flagged from 3-year trend on margin, volume, and bad debt

This hospital tripped 2 distress signals. Upgrade to see which signals fired and the underlying numbers.See Solo · $499/yr
04 — PEER BENCHMARK

Peer cohort — IN Acute Care Hospitals

81 hospitals filing FY2024

Median operating margin
9.0%
25th percentile margin
-0.9%
75th percentile margin
18.2%
Median discharges
4,439
Median net income
$20.2M
Median bed count
111
05 — QUALITY (CMS CARE COMPARE)

CMS Care Compare quality measures

Sourced from data.cms.gov · refreshed monthly. CMS publishes these — we surface them.

Overall rating
Not rated
Emergency services
No
Mortality vs national avg
Same as the national average
Safety vs national avg
Same as the national average
Readmissions vs national avg
Same as the national average
Patient experience vs national avg
Timely & effective vs national avg
07a — MS-DRG MIX

Top inpatient DRGs by volume

Per CMS Medicare Inpatient Hospitals dataset (PY2022)

DRGDescriptionDischargesAvg payment
748FEMALE REPRODUCTIVE SYSTEM RECONSTRUCTIVE PROCEDURES16$10K
748FEMALE REPRODUCTIVE SYSTEM RECONSTRUCTIVE PROCEDURES13$9K
07 — MARKET (HSAF)

Top patient-origin ZIPs

Catchment based on CMS Hospital Service Area File (PY2019)

ZIPCasesBed days
471502448
471501929
471501932
471501527
471301430
471501432
471301429
471301222
471501124
40075
06 — COMMUNITY BENEFIT (IRS 990 SCHEDULE H)

Schedule H community benefit · COMMUNITY PHYSICIANS

FY2024 · matched by name + state · sourced via ProPublica Nonprofit Explorer

Total revenue (990)
Total expenses (990)
Charity care cost
Unreimbursed Medicaid
Community health improvement spend
CROSS-REFERENCE

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Price transparency data
Published negotiated rates, payer mix, and compliance grade from this hospital's machine-readable file.
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