# Citrus Health Network, Inc.

Health Center, FL
Page: https://astrelis.co/providers/health_center/101118  
This twin: https://astrelis.co/providers/health_center/101118.md  
CMS Certification Number (CCN): 101118  
Release: 2321a4fc37a7 (2026-10-22)

## Headline figures (fiscal years on file: 2019 to 2023)

- **Operating margin (FY2023):** -17.0%. Astrelis calculation. Definition: https://astrelis.co/methodology#health-center
- **Total operating revenue (FY2023):** $1.3M. Reported value. Definition: https://astrelis.co/methodology#health-center
- **Total margin (including nonoperating) (FY2023):** -16.9%. Astrelis calculation. Definition: https://astrelis.co/methodology#health-center

## Audited financial statements (Federal Audit Clearinghouse)

Read from the FAC-11 template of the audited statements: every line, every ratio and every status column print as the template carries them, and no figure is withheld. A report's tie status says whether its statements foot; a ratio's plausibility status says whether it sits inside its possible range; a median of fewer than five values says so. The figures were not audited by Astrelis. Contract: https://astrelis.co/methodology/fqhc-audit-contract

### CITRUS HEALTH NETWORK, INC., FL

Match to this profile: matched by name (method: name and state).

- FY ending 2025-06-30 (audit year 2025): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2025-06-GSAFAC-0000399494
- FY ending 2024-06-30 (audit year 2024): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2024-06-GSAFAC-0000347126
- FY ending 2023-06-30 (audit year 2023): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2023-06-GSAFAC-0000022648

| Line | FY ending 2025-06-30 | FY ending 2024-06-30 | FY ending 2023-06-30 |
|---|---:|---:|---:|
| cash and investments (current) (Statement of financial position) | 9,622,821 [derived, p.6] | 13,663,264 [derived, p.6] | 16,196,460 [derived, p.6] |
| patient receivables, net (Statement of financial position) | 4,706,514 [derived, p.6] | 4,465,163 [derived, p.6] | 2,550,894 [derived, p.6] |
| grants and other receivables (Statement of financial position) | 13,288,628 [derived, p.6] | 7,820,507 [derived, p.6] | 7,458,652 [derived, p.6] |
| other current assets (Statement of financial position) | 2,694,127 [derived, p.6] | 2,635,521 [derived, p.6] | 2,101,569 [derived, p.6] |
| TOTAL CURRENT ASSETS (Statement of financial position) | 30,312,090 [extracted, p.6] | 28,584,455 [extracted, p.6] | 28,307,575 [extracted, p.6] |
| property and equipment, net (Statement of financial position) | 11,507,151 [derived, p.6] | 10,333,643 [derived, p.6] | 9,974,477 [derived, p.6] |
| other long-term assets (Statement of financial position) | 2,605,142 [derived, p.6] | 4,217,395 [derived, p.6] | 5,390,161 [derived, p.6] |
| TOTAL ASSETS (Statement of financial position) | 44,424,383 [extracted, p.6] | 43,135,493 [extracted, p.6] | 43,672,213 [extracted, p.6] |
| payables and accrued expenses (Statement of financial position) | 14,330,863 [derived, p.6] | 13,579,849 [derived, p.6] | 10,527,112 [derived, p.6] |
| deferred revenue (Statement of financial position) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| current debt and leases (Statement of financial position) | 6,778,136 [derived, p.6] | 5,214,302 [derived, p.6] | 1,848,061 [derived, p.6] |
| other current liabilities (Statement of financial position) | 268,959 [derived, p.6] | 253,338 [derived, p.6] | 205,467 [derived, p.6] |
| TOTAL CURRENT LIABILITIES (Statement of financial position) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| long-term debt and leases (Statement of financial position) | 657,349 [derived, p.6] | 2,203,452 [derived, p.6] | 6,929,886 [derived, p.6] |
| other long-term liabilities (Statement of financial position) | 3,547,904 [derived, p.6] | 3,251,035 [derived, p.6] | absent (not printed, or not read) |
| TOTAL LIABILITIES (Statement of financial position) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| net assets without donor restrictions (Statement of financial position) | 17,962,879 [derived, p.6] | 17,679,762 [derived, p.6] | 23,108,446 [derived, p.6] |
| net assets with donor restrictions (Statement of financial position) | 878,293 [derived, p.6] | 953,755 [derived, p.6] | 1,053,241 [derived, p.6] |
| TOTAL NET ASSETS (Statement of financial position) | 18,841,172 [extracted, p.6] | 18,633,517 [extracted, p.6] | 24,161,687 [extracted, p.6] |
| patient service revenue, net (Statement of activities) | 62,681,425 [derived, p.7] | 52,433,898 [derived, p.7] | 50,393,321 [derived, p.7] |
| pharmacy and 340B revenue (Statement of activities) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| federal grants (Statement of activities) | 176,968,793 [derived, p.7] | 173,882,407 [derived, p.7] | 174,746,311 [derived, p.7] |
| other grants and contracts (Statement of activities) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| contributions (Statement of activities) | 3,480,872 [derived, p.7] | 4,369,465 [derived, p.7] | 3,677,577 [derived, p.7] |
| other revenue (Statement of activities) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| TOTAL REVENUE AND SUPPORT (Statement of activities) | 243,131,090 [extracted, p.7] | 230,685,770 [extracted, p.7] | 228,817,209 [extracted, p.7] |
| salaries and benefits (Statement of activities) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| supplies and pharmaceuticals (Statement of activities) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| purchased and professional services (Statement of activities) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| occupancy (Statement of activities) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| depreciation and amortization (Statement of activities) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| interest (Statement of activities) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| other expenses (Statement of activities) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| TOTAL EXPENSES (Statement of activities) | 242,949,775 [extracted, p.7] | 236,220,562 [extracted, p.7] | 228,036,107 [extracted, p.7] |
| OPERATING RESULT (Statement of activities) | 181,315 [extracted, p.7] | -5,534,792 [extracted, p.7] | 781,102 [extracted, p.7] |
| non-operating and other changes (Statement of activities) | 26,340 [derived, p.7] | 6,622 [derived, p.7] | 13,840 [derived, p.7] |
| CHANGE IN NET ASSETS (Statement of activities) | 207,655 [extracted, p.7] | -5,528,170 [extracted, p.7] | 794,942 [extracted, p.7] |
| net assets, beginning (Statement of activities) | 18,633,517 [extracted, p.7] | 24,161,687 [extracted, p.7] | 23,366,745 [extracted, p.7] |
| net assets, end (Statement of activities) | 18,841,172 [extracted, p.7] | 18,633,517 [extracted, p.7] | 24,161,687 [extracted, p.7] |

| Ratio | FY ending 2025-06-30 | FY ending 2024-06-30 | FY ending 2023-06-30 |
|---|---:|---:|---:|
| Days cash on hand | absent [not computed] | absent [not computed] | absent [not computed] |
| Current ratio | absent [not computed] | absent [not computed] | absent [not computed] |
| Operating margin | 0.1% [plausible] | -2.4% [plausible] | 0.3% [plausible] |
| Total margin | 0.1% [plausible] | -2.4% [plausible] | 0.3% [plausible] |
| Patient revenue share | 25.8% [plausible] | 22.7% [plausible] | 22.0% [plausible] |
| Grant dependency | absent [not computed] | absent [not computed] | absent [not computed] |
| Salaries share | absent [not computed] | absent [not computed] | absent [not computed] |
| Days in patient receivables | 27 days [plausible] | 31 days [plausible] | 18 days [plausible] |
| Debt to net assets | 0.39x [plausible] | 0.40x [plausible] | 0.36x [plausible] |
| Health center award share | absent [not computed] | absent [not computed] | absent [not computed] |

## Sources

HRSA Uniform Data System (awardee level; organization match Verified). CMS HCRIS cost reports, form CMS-224-14, as filed (the Medicare cost-report appendix). Federal Audit Clearinghouse single audits as filed (CITRUS HEALTH NETWORK, INC.; FAC-11 template snapshot, SRC-FAC-001); the organization match is matched by name.

Methodology: https://astrelis.co/methodology · Data sources: https://astrelis.co/data-sources · Data philosophy: https://astrelis.co/data-philosophy

## Cite this page

Astrelis Atlas, "Citrus Health Network, Inc.", https://astrelis.co/providers/health_center/101118, release 2321a4fc37a7 (2026-10-22). Figures as filed in the named public sources; not audited by Astrelis.

Figures are as filed in the named public sources. Astrelis is not a CPA firm and performs no audit, review or attestation of any facility.