RELIANCE HOSPICE INC. — financial and operating metrics

CCN 551699, MORENO VALLEY, CA · Medicare cost reports, FY2015–FY2018

Short reporting period. FY2018 (88 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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MetricFY2015FY2016FY2017FY2018
88d
Total patient revenue (gross charges)unverified$7,556,988$5,834,389$5,238,909$206,455
Contractual allowances and discountsunverified$138,063$109,183$949,105$-1,548,045
Net patient revenueunverified$7,418,925$5,725,206$4,289,804$1,754,500
Total revenue, all sourcesunverified$7,934,564$6,163,148$4,418,436$1,837,199
Total operating expensesunverified$7,495,790$6,228,850$4,724,995$1,732,251
Net income (loss) for the periodunverified$438,774$-65,702$-306,559$104,948
Total hospice daysunverified38,96630,52223,586744
Operating marginunverified5.5%-1.1%-6.9%5.7%
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See pricing · How we derive these numbers