NGOZI HOSPICE CARE INC. — financial and operating metrics

CCN 671606, BEDFORD, TX · Medicare cost reports, FY2015–FY2019

Short reporting period. FY2019 (119 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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MetricFY2015FY2016FY2017FY2018FY2019
119d
Total patient revenue (gross charges)unverified$635,614$553,575$2,436,926$5,721,358$1,124,618
Contractual allowances and discountsunverified$1,529,049$163,685$49,889
Net patient revenueunverified$635,614$553,575$907,877$5,557,673$1,074,729
Total revenue, all sourcesunverified$867,138$835,520$1,132,474$6,279,046$1,238,441
Total operating expensesunverified$942,409$871,855$1,946,408$6,538,236$-77,552
Net income (loss) for the periodunverified$-75,271$-36,335$-813,934$-259,190$1,315,993
Total hospice daysunverified8,2893,81712,58732,1297,069
Operating marginunverified-8.7%-4.3%-71.9%-4.1%106.3%
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