AZURE HOSPICE CARE INC. — financial and operating metrics

CCN A01608, GARDEN GROVE, CA · Medicare cost reports, FY2019–FY2022

Short reporting period. FY2019 (195 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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MetricFY2019
195d
FY2020FY2021FY2022
Total patient revenue (gross charges)unverified$289,987$2,090,658$1,451,438$1,269,626
Contractual allowances and discountsunverified$8,764$34,453
Net patient revenueunverified$289,987$2,081,894$1,451,438$1,235,173
Total revenue, all sourcesunverified$289,987$2,081,894$1,678,009$1,235,173
Total operating expensesunverified$340,735$1,988,482$1,654,394$1,061,151
Net income (loss) for the periodunverified$-50,748$93,412$23,615$174,022
Total hospice daysunverified2,16410,5507,1596,701
Operating marginunverified-17.5%4.5%1.4%14.1%
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