SMARTCARE LLC — financial and operating metrics

CCN 239274, FARMINGTON HILLS, MI · Medicare cost reports, FY2022–FY2025

Unverified figures. Metrics marked unverified are derived from cost-report coordinates that have not yet been reconciled against audited financial statements. We show you which, rather than hiding it.

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MetricFY2022FY2023FY2024FY2025
Total home health visitsunverified10,1219,0777,6326,998
Total patient revenue (gross charges)unverified$1,493,082$1,491,964$1,297,136$1,036,230
Contractual allowances and discountsunverified$-10,000
Net patient revenueunverified$1,493,082$1,491,964$1,297,136$1,046,230
Total operating expensesunverified$1,669,137$1,692,274$1,756,702$1,766,902
Net income from service to patientsunverified$-176,055$-200,310$-459,566$-720,672
Net income (loss) for the periodunverified$-176,049$-200,310$-459,566$-633,514
Operating marginunverified-11.8%-13.4%-35.4%-68.9%
Net revenue per visitunverified$148$164$170$150
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