MEDCARE PLUS HOSPICE — financial and operating metrics

CCN 551525, PASADENA, CA · Medicare cost reports, FY2015–FY2016

Short reporting period. FY2015 (121 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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MetricFY2015
121d
FY2016
Total patient revenue (gross charges)unverified$1,555,246$3,398,198
Contractual allowances and discountsunverified$515,020
Net patient revenueunverified$1,040,226$3,398,198
Total revenue, all sourcesunverified$1,183,186$3,484,465
Total operating expensesunverified$1,610,743$2,778,388
Net income (loss) for the periodunverified$-427,557$706,077
Total hospice daysunverified5,49817,089
Operating marginunverified-36.1%20.3%
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