Astrelis
health center · FL

FOUNDCARE INC.

CCN 101061Latest FY 2023
Cost-report basis
HCRIS · as filed
Not audited by Astrelis
The read

A health center in FL. It reported $10.7M of operating revenue. Only a single comparable reporting year is available, so trend context is limited.

Total patients (UDS)
29,532
Verified fact2024
Source: HRSA UDS
Uninsured patient share
29.5%
Proxy2024
Source: HRSA UDS
Operating margin
Not available
vs health centers
Total visits
142,500
Verified fact2024
Source: HRSA UDS

Where FOUNDCARE INC. sits among health centers

Operating margin · FY23 pool · n = 1,112 of 4,110 filed

Each point is one health center in the national distribution for this provider type, placed by operating margin. Facilities are not matched on size, case mix, or market — that is the matched-peer comparison in the paid benchmark. The health center median is -36.6%. Descriptive context only, not a ranking.

-20%-10%0%+10%+20%health center median -36.625%-20%0%+20%health center median -36.625%
One health centerFOUNDCARE INC.health center median

The organization behind this center

HRSA UDS 2024 · awardee level · whole organization

This site belongs to Foundcare Inc. (grant H80CS26626), which operates 3 FQHC sites. UDS reports at the organization level: the figures below describe the whole organization and are repeated on each of its site pages, never summed per site.

Patients
29,532
unduplicated, organization-wide · UDS Table 4
Medical visits
66,156
organization-wide clinic visits
Medical staffing
58.4FTE
8.7 physician · 11.2 NP
Cost per patient
$1,799
total accrued cost ÷ patients · UDS Table 8A
Payer mix (share of patients)
Medicaid 34.0% · Medicare 6.4% · Uninsured 29.5% · Private 30.2% · Other public 0.0%

Appendix: the Medicare cost-report view

$ thousands · HCRIS cost-report basis · as filed, QA-gated

Read this first: this is a partial, Medicare-centric view. Health centers are grant-funded: HRSA Section 330 grants, Medicaid, and sliding-fee revenue dominate their finance and are not on this cost report, which carries only an income statement. A thin or negative cost-report margin here is not whole-organization distress; the organization-level picture is the UDS section above.

Ratios tell you how this health center is doing. Statements tell you what kind of organization it is, and where the money comes from. Every figure below traces to a public cost-report filing, shown as filed. A ratio renders only when every input is reported in the filing; a year missing its core lines is not shown; a year whose balance sheet does not reconcile is labeled. Not audited by Astrelis.

Operating margin
Not reported in this filing
Operating income ÷ total operating revenue · Medicare cost-report scope, not the organization's full financials
HCRIS WS G-3
Total margin
+8.9% (FY23)
Net income ÷ total revenue incl. nonoperating · Medicare cost-report scope, not the organization's full financials
HCRIS WS G-3
Days cash on hand
Not reported in this filing
Cash & investments ÷ daily operating expense
HCRIS WS G / G-3
Current ratio
Not reported in this filing
Total current assets ÷ current liabilities
HCRIS WS G
Equity financing ratio
Not reported in this filing
Total net assets ÷ total assets
HCRIS WS G
Days in net patient A/R
Not reported in this filing
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
HCRIS WS G / G-3
$ in thousands
Line itemFY21FY22FY23
Patient revenue7,54810,87610,668
Total operating revenue7,54810,87610,668
Total operating expenses29,64940,95548,705
Operating income(22,101)(30,079)(38,037)
Operating margin %-292.8%-276.6%-356.6%
Other non-operating, net28,60237,38642,815
Net income6,5017,3074,778
Net income %+18.0%+15.1%+8.9%
HCRIS CMS-224 cost report · $ thousands · FY20–FY23 · Medicare cost-report scope, not the organization’s full financials · FY20–21 may include COVID-era relief funding
A condensed balance sheet is not shown for this health center: the public cost report does not carry substantive balance-sheet detail (assets, liabilities, and net assets that reconcile) for this provider. The income statement and ratio exhibit above are the reliable financial view here. We lead with those rather than render a hollow table.

How it operates

quality & operational context · CMS public reporting

The metrics this health center type is judged on: care quality, patient experience, and scale. Each is labeled by evidence class and public source; descriptive context only, never a ranking or adequacy claim.

Total patients (UDS)
29,532
Verified fact2024
HRSA UDS
Uninsured patient share
29.5%
Proxy2024
HRSA UDS
Medicaid patient share
34.0%
Proxy2024
HRSA UDS
Medical visits
61,783
Verified fact2024
HRSA UDS
Behavioral health visits
5,186
Verified fact2024
HRSA UDS
Dental visits
6,078
Verified fact2024
HRSA UDS
Total staff FTE
242.16
Verified fact2024
HRSA UDS
Service sites
9
Verified fact2024
HRSA UDS
Revenue per patient
$548
Proxy2024
HRSA UDS
Total visits
142,500
Verified fact2024
HRSA UDS
Cost per visit ($, Medicare scope)
231.63
Verified fact2023
HCRIS CMS-224
Total visits (Medicare scope)
43,552
Verified fact2023
HCRIS CMS-224

Trajectory

Cost-report basis · 4 reporting years
Operating margin
Not available
Days cash on hand
Not available

The county this health center serves

Location, FL · metro, 1M+ population
Median household income
$81.1K
vs $82.1K US · $59.7K rural median
Poverty rate
11.1%
vs 12.5% US · 14.3% rural median
Uninsured
13.2%
vs 8.6% US · 8.4% rural median
Age 65+
24.6%
vs 16.8% US · 20.6% rural median
Fair or poor health
19.4%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 4.7% of county personal income is Medicare/Medicaid medical benefits; 11.3% arrives as government transfers (BEA, 2022).
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