JOURNEYCARE INC. — financial and operating metrics

CCN 141602, DEKALB, IL · Medicare cost reports, FY2016–FY2020

Short reporting period. FY2016 (122 days), FY2019 (272 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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MetricFY2016
122d
FY2017FY2018FY2019
272d
FY2020
Total patient revenue (gross charges)unverified$616,179$2,211,108$2,477,210$1,712,298$291,180
Contractual allowances and discountsunverified$40,434$5,471,415$1,053,487$166,202
Net patient revenueunverified$575,745$2,211,108$-2,994,205$658,811$124,978
Total revenue, all sourcesunverified$729,313$1,918,850$-2,358,336$1,339,053$152,090
Total operating expensesunverified$767,460$2,430,937$2,417,370$1,897,086$-1,357,159
Net income (loss) for the periodunverified$-38,147$-512,087$-4,775,706$-558,033$1,509,249
Total hospice daysunverified3,42710,51612,2308,3411,266
Operating marginunverified-5.2%-26.7%202.5%-41.7%992.3%
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