Richland Memorial Hospital
800 East Locust, Olney, IL 62450-2958 · Richland County
General Acute
At a glance
Latest cost report FY2024
Net patient revenue
$32.7M
Operating margin
-12.8%
Net income
-$3.9M
Staffed beds
47
Annual discharges
597
Ownership & identity
Control, system & affiliation
Ownership / controlNonprofit (other) Health system— Hospital typeGeneral Acute Phone— CMS star rating— Emergency services—
Net patient revenue trend
FY2019–FY2024
| Fiscal year | Net patient revenue |
|---|---|
| FY2019 | $54,498,430 |
| FY2020 | $46,572,747 |
| FY2021 | $55,371,962 |
| FY2022 | $46,429,852 |
| FY2023 | $68,103,414 |
| FY2024 | $32,699,172 |
Payer mix
Share of inpatient days
Medicare45.5%Medicaid2.1%Commercial & other52.4%
How Richland Memorial Hospital compares
#173 of 209 Illinois hospitals by net patient revenue
Full financial detail
Premium · in the Hospitals app
🔒 5-year income statement & balance sheet
Line-by-line revenue, expenses, assets, liabilities and net assets for FY2020–FY2024, plus top Medicare DRGs, cost structure, EBITDAR, and Medicare reimbursement (IME, DSH, charity & uncompensated care).
Open in the Hospitals app → 🔒 Screener & comparison builder
Screen all 6,421 U.S. hospitals, benchmark Richland Memorial Hospital against Illinois peers on margin, revenue, occupancy and payer mix, build side-by-side comparisons, and export — in the interactive app.
Open the benchmarking tool →