ABSOLUTE HOSPICE — financial and operating metrics

CCN 231633, GRAND BLANC, 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$2,695,588$4,045,199$7,342,192$7,949,873$8,345,043$8,515,876
Contractual allowances and discountsunverified$88,420$155,964$215,692
Net patient revenueunverified$2,695,588$4,045,199$7,253,772$7,793,909$8,129,351$8,515,876
Total revenue, all sourcesunverified$3,247,299$4,548,740$7,253,772$8,098,452$8,129,351$8,515,876
Total operating expensesunverified$1,211,947$1,552,997$2,579,290$3,278,844$3,168,540$3,304,227
Net income (loss) for the periodunverified$2,035,352$2,995,743$4,674,482$4,819,608$4,960,811$5,211,649
Total hospice daysunverified21,65932,27843,33945,26646,15147,534
Operating marginunverified62.7%65.9%64.4%59.5%61.0%61.2%
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See pricing · How we derive these numbers