TOUCH OF CARE HOSPICE — financial and operating metrics

CCN 061609, MONTROSE, CO · Medicare cost reports, FY2019–FY2024

Short reporting period. FY2019 (204 days) covers less than a full year, usually because the hospice changed its fiscal year end, opened, closed or changed hands. Its totals are not comparable with the full years beside them, and no figure here has been scaled up to disguise that.

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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MetricFY2019
204d
FY2020FY2021FY2022FY2023FY2024
Total patient revenue (gross charges)unverified$94,334$721,853$897,956$747,668$918,627$733,873
Net patient revenueunverified$94,334$721,853$897,956$747,668$918,627$733,873
Total revenue, all sourcesunverified$94,334$876,548$1,041,304$843,949$852,882$786,097
Total operating expensesunverified$185,775$799,850$1,216,987$1,001,083$1,111,936$1,192,712
Net income (loss) for the periodunverified$-91,441$76,698$-175,683$-157,134$-259,054$-406,615
Total hospice daysunverified5582,8443,6993,2213,1192,719
Operating marginunverified-96.9%8.8%-16.9%-18.6%-30.4%-51.7%
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See pricing · How we derive these numbers