CENTER FOR HOPE HOSPICE INC. — financial and operating metrics

CCN 311505, SCOTCH PLAINS, NJ · 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$10,786,512$8,377,395$9,208,967$11,017,157$9,870,168$8,579,161
Contractual allowances and discountsunverified$4,867,814$2,453,777$2,599,623$3,004,349$1,849,226$1,081,865
Net patient revenueunverified$5,918,698$5,923,618$6,609,344$8,012,808$8,020,942$7,497,296
Total revenue, all sourcesunverified$12,164,031$11,719,254$13,854,121$14,981,396$14,692,508$14,275,986
Total operating expensesunverified$12,010,303$11,704,105$13,233,669$16,570,310$16,245,677$15,202,126
Net income (loss) for the periodunverified$153,728$15,149$620,452$-1,588,914$-1,553,169$-926,140
Total hospice daysunverified44,96732,88835,38039,54739,33638,871
Operating marginunverified1.3%0.1%4.5%-10.6%-10.6%-6.5%
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