HENRY FORD HOSPICE — financial and operating metrics

CCN 231517, DETROIT, MI · 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$16,944,332$17,898,677$16,811,824$15,918,732$18,401,553$18,850,029
Contractual allowances and discountsunverified$2,229,801$2,818,246$3,201,570$2,800,675$3,656,762$3,941,930
Net patient revenueunverified$14,714,531$15,080,431$13,610,254$13,118,057$14,744,791$14,908,099
Total revenue, all sourcesunverified$16,504,658$19,071,060$15,274,201$15,134,421$16,641,602$17,464,169
Total operating expensesunverified$15,155,658$16,050,377$16,334,300$16,230,401$18,128,051$18,842,863
Net income (loss) for the periodunverified$1,349,000$3,020,683$-1,060,099$-1,095,980$-1,486,449$-1,378,694
Total hospice daysunverified67,28971,51065,32861,73668,73269,591
Operating marginunverified8.2%15.8%-6.9%-7.2%-8.9%-7.9%
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