COLORADO SPRINGS HOSPICE — financial and operating metrics

CCN 061585, COLORADO SPRINGS, CO · Medicare cost reports, FY2018–FY2023

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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MetricFY2018FY2019FY2020FY2021FY2022FY2023
Total patient revenue (gross charges)unverified$3,703,579$2,998,727$2,622,454$2,766,851$2,292,592$832,486
Contractual allowances and discountsunverified$93,210$68,333$50,222$93,912$61,676$86,553
Net patient revenueunverified$3,610,369$2,930,394$2,572,232$2,672,939$2,230,916$745,933
Total revenue, all sourcesunverified$3,679,736$2,979,297$2,574,664$2,753,976$2,230,931$754,111
Total operating expensesunverified$2,783,018$2,567,643$2,361,742$2,305,870$2,063,720$980,386
Net income (loss) for the periodunverified$896,718$411,654$212,922$448,106$167,211$-226,275
Total hospice daysunverified22,66418,54815,82516,12114,4783,584
Operating marginunverified24.4%13.8%8.3%16.3%7.5%-30.0%
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