SPECTRUM HOSPICE INC. — financial and operating metrics

CCN 551698, GLENDALE, CA · Medicare cost reports, FY2018–FY2023

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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MetricFY2018FY2019FY2020FY2021FY2022FY2023
Total patient revenue (gross charges)unverified$1,311,484$1,216,463$962,530$583,399$1,856,809$2,185,370
Contractual allowances and discountsunverified$130,148$156,266$8,019$899$419,561
Net patient revenueunverified$1,181,336$1,060,197$954,511$582,500$1,856,809$1,765,809
Total revenue, all sourcesunverified$1,181,336$1,060,197$954,511$662,570$1,856,809$1,765,809
Total operating expensesunverified$885,418$673,826$875,625$501,424$1,563,964$1,460,662
Net income (loss) for the periodunverified$295,918$386,371$78,886$161,146$292,845$305,147
Total hospice daysunverified8,3305,2894,7115,36813,30513,360
Operating marginunverified25.0%36.4%8.3%24.3%15.8%17.3%
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