HARRIS PALLIATIVE CARE AND HOSPICE — financial and operating metrics

CCN 341549, SYLVA, NC · Medicare cost reports, FY2017–FY2022

Short reporting period. FY2022 (258 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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MetricFY2017FY2018FY2019FY2020FY2021FY2022
258d
Total patient revenue (gross charges)unverified$1,427,883$651,590$810,385$954,962$880,260$235,368
Contractual allowances and discountsunverified$1,890$7,980$87,611
Net patient revenueunverified$1,427,883$651,590$808,495$946,982$880,260$147,757
Total revenue, all sourcesunverified$1,594,251$706,444$821,608$1,005,893$1,004,366$303,615
Total operating expensesunverified$1,653,691$934,152$906,577$1,035,317$1,089,872$562,848
Net income (loss) for the periodunverified$-59,440$-227,708$-84,969$-29,424$-85,506$-259,233
Total hospice daysunverified10,0064,3505,2096,3736,2123,925
Operating marginunverified-3.7%-32.2%-10.3%-2.9%-8.5%-85.4%
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