CARING HOSPICE SVCS OF MASSACHUSETTS — financial and operating metrics

CCN 221611, NORWOOD, MA · Medicare cost reports, FY2020–FY2024

Short reporting period. FY2020 (71 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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MetricFY2020
71d
FY2021FY2022FY2023FY2024
Total patient revenue (gross charges)unverified$67,383$698,862$1,553,787$2,396,345$3,999,266
Net patient revenueunverified$67,383$698,862$1,553,787$2,396,345$3,999,266
Total revenue, all sourcesunverified$67,383$707,777$1,553,990$2,400,597$4,128,483
Total operating expensesunverified$226,127$812,895$1,298,381$1,970,206$2,971,353
Net income (loss) for the periodunverified$-158,744$-105,118$255,609$430,391$1,157,130
Total hospice daysunverified3523,6277,94512,40720,100
Operating marginunverified-235.6%-14.9%16.4%17.9%28.0%
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