CARE INITIATIVES HOSPICE - C. RAPIDS — financial and operating metrics

CCN 161597, CEDAR RAPIDS, IA · Medicare cost reports, FY2020–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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MetricFY2020FY2021FY2022FY2023FY2024FY2025
Total patient revenue (gross charges)unverified$886,454$2,087,853$2,925,762$2,297,529$1,634,410$2,538,850
Contractual allowances and discountsunverified$30,571$48,768$114,779$105,553$27,149
Net patient revenueunverified$855,883$2,039,085$2,810,983$2,191,976$1,607,261$2,538,850
Total revenue, all sourcesunverified$876,946$2,055,340$2,857,883$2,196,506$1,563,054$2,450,426
Total operating expensesunverified$1,223,290$1,742,736$2,646,170$2,737,817$2,017,460$2,249,518
Net income (loss) for the periodunverified$-346,344$312,604$211,713$-541,311$-454,406$200,908
Total hospice daysunverified5,48712,83418,04813,4018,85714,417
Operating marginunverified-39.5%15.2%7.4%-24.6%-29.1%8.2%
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