OPTIMAL HOSPICE - SANTA CLARA — financial and operating metrics

CCN 551552, SANTA CLARA, CA · Medicare cost reports, FY2015–FY2017

Short reporting period. FY2017 (256 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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MetricFY2015FY2016FY2017
256d
Total patient revenue (gross charges)unverified$2,485,444$1,920,740$741,082
Contractual allowances and discountsunverified$191,524$-12,498$14,531
Net patient revenueunverified$2,293,920$1,933,238$726,551
Total revenue, all sourcesunverified$2,492,675$2,142,821$747,749
Total operating expensesunverified$-5,093,777$-9,572,435$771,610
Net income (loss) for the periodunverified$7,586,452$11,715,256$-23,861
Total hospice daysunverified10,4907,7032,873
Operating marginunverified304.3%546.7%-3.2%
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