OPEN ARMS HOSPICE INC. — financial and operating metrics

CCN 231671, NOVI, 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$980,819$1,768,453$2,379,055$3,970,992$4,414,261$5,054,763
Net patient revenueunverified$980,819$1,768,453$2,379,055$3,970,992$4,414,261$5,054,763
Total revenue, all sourcesunverified$980,819$1,838,211$2,379,055$3,970,992$4,414,261$5,054,763
Total operating expensesunverified$938,986$1,645,757$2,312,906$3,416,079$4,062,899$3,927,182
Net income (loss) for the periodunverified$41,833$192,454$66,149$554,913$351,362$1,127,581
Total hospice daysunverified6,26610,78821,48023,49621,60426,451
Operating marginunverified4.3%10.5%2.8%14.0%8.0%22.3%
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See pricing · How we derive these numbers