# Pines Health Services

Health Center, ME
Page: https://astrelis.co/providers/health_center/201868  
This twin: https://astrelis.co/providers/health_center/201868.md  
CMS Certification Number (CCN): 201868  
Release: 2321a4fc37a7 (2026-10-22)

## Headline figures (fiscal years on file: 2019 to 2025)

- **Operating margin (FY2025):** -74.5%. Astrelis calculation. Definition: https://astrelis.co/methodology#health-center
- **Total operating revenue (FY2025):** $16.5M. Reported value. Definition: https://astrelis.co/methodology#health-center
- **Total margin (including nonoperating) (FY2025):** -0.3%. 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

### Pines Health Services, ME

Match to this profile: identifier verified: the EIN the dataset carries for this CCN agrees with the filed EIN (method: exact name and state (FACLAND tier 1)).

- FY ending 2025-12-31 (audit year 2025): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2025-12-GSAFAC-0000405703
- FY ending 2024-12-31 (audit year 2024): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2024-12-GSAFAC-0000358615
- FY ending 2023-12-31 (audit year 2023): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2023-12-GSAFAC-0000028166

| Line | FY ending 2025-12-31 | FY ending 2024-12-31 | FY ending 2023-12-31 |
|---|---:|---:|---:|
| cash and investments (current) (Statement of financial position) | 1,137,765 [derived, p.5] | 1,100,252 [derived, p.5] | 1,818,794 [derived, p.5] |
| patient receivables, net (Statement of financial position) | 1,143,009 [derived, p.5] | 1,104,123 [derived, p.5] | 1,522,425 [derived, p.5] |
| grants and other receivables (Statement of financial position) | 1,610,769 [derived, p.5] | 1,144,622 [derived, p.5] | 1,035,345 [derived, p.5] |
| other current assets (Statement of financial position) | 146,127 [derived, p.5] | 165,417 [derived, p.5] | 214,820 [derived, p.5] |
| TOTAL CURRENT ASSETS (Statement of financial position) | 4,037,670 [extracted, p.5] | 3,514,414 [extracted, p.5] | 4,591,384 [extracted, p.5] |
| property and equipment, net (Statement of financial position) | 1,892,813 [derived, p.5] | 2,189,913 [derived, p.5] | 2,107,567 [derived, p.5] |
| other long-term assets (Statement of financial position) | 644,962 [derived, p.5] | 736,050 [derived, p.5] | 807,106 [derived, p.5] |
| TOTAL ASSETS (Statement of financial position) | 6,575,445 [extracted, p.5] | 6,440,377 [extracted, p.5] | 7,506,057 [extracted, p.5] |
| payables and accrued expenses (Statement of financial position) | 2,593,142 [derived, p.6] | 2,284,744 [derived, p.6] | 1,619,348 [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) | 76,657 [derived, p.6] | 73,656 [derived, p.6] | 58,047 [derived, p.6] |
| other current liabilities (Statement of financial position) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| TOTAL CURRENT LIABILITIES (Statement of financial position) | 2,669,799 [extracted, p.6] | 2,358,400 [extracted, p.6] | 1,677,395 [extracted, p.6] |
| long-term debt and leases (Statement of financial position) | 530,172 [derived, p.6] | 606,829 [derived, p.6] | 680,485 [derived, p.6] |
| other long-term liabilities (Statement of financial position) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| TOTAL LIABILITIES (Statement of financial position) | 3,199,971 [extracted, p.6] | 2,965,229 [extracted, p.6] | 2,357,880 [extracted, p.6] |
| net assets without donor restrictions (Statement of financial position) | 2,875,474 [derived, p.6] | 2,975,148 [derived, p.6] | 4,648,177 [derived, p.6] |
| net assets with donor restrictions (Statement of financial position) | 500,000 [derived, p.6] | 500,000 [derived, p.6] | 500,000 [derived, p.6] |
| TOTAL NET ASSETS (Statement of financial position) | 3,375,474 [extracted, p.6] | 3,475,148 [extracted, p.6] | 5,148,177 [extracted, p.6] |
| patient service revenue, net (Statement of activities) | 16,520,372 [derived, p.7] | 14,914,057 [derived, p.7] | 14,632,864 [derived, p.7] |
| pharmacy and 340B revenue (Statement of activities) | 4,733,635 [derived, p.7] | absent (not printed, or not read) | absent (not printed, or not read) |
| federal grants (Statement of activities) | 2,407,237 [derived, p.7] | 3,076,898 [derived, p.7] | 3,662,737 [derived, p.7] |
| other grants and contracts (Statement of activities) | 2,527,905 [derived, p.7] | 2,648,278 [derived, p.7] | 2,405,788 [derived, p.7] |
| contributions (Statement of activities) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| other revenue (Statement of activities) | 2,538,059 [derived, p.7] | 6,374,060 [derived, p.7] | 6,964,895 [derived, p.7] |
| TOTAL REVENUE AND SUPPORT (Statement of activities) | 28,727,208 [extracted, p.7] | 27,013,293 [extracted, p.7] | 27,666,284 [extracted, p.7] |
| salaries and benefits (Statement of activities) | 18,481,482 [derived, p.7] | 17,756,172 [derived, p.7] | 17,356,765 [derived, p.7] |
| supplies and pharmaceuticals (Statement of activities) | 2,853,601 [derived, p.7] | 3,066,748 [derived, p.7] | 2,828,449 [derived, p.7] |
| purchased and professional services (Statement of activities) | 4,493,885 [derived, p.7] | 4,952,729 [derived, p.7] | 3,978,998 [derived, p.7] |
| occupancy (Statement of activities) | 2,527,190 [derived, p.7] | 2,439,147 [derived, p.7] | 2,361,132 [derived, p.7] |
| depreciation and amortization (Statement of activities) | 282,259 [derived, p.7] | 277,671 [derived, p.7] | 190,790 [derived, p.7] |
| 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) | 188,465 [derived, p.7] | 182,051 [derived, p.7] | 187,160 [derived, p.7] |
| TOTAL EXPENSES (Statement of activities) | 28,826,882 [extracted, p.7] | 28,674,518 [extracted, p.7] | 26,903,294 [extracted, p.7] |
| OPERATING RESULT (Statement of activities) | -99,674 [extracted, p.7] | -1,661,225 [extracted, p.7] | 762,990 [extracted, p.7] |
| non-operating and other changes (Statement of activities) | absent (not printed, or not read) | -11,804 [derived, p.7] | -250,000 [derived, p.7] |
| CHANGE IN NET ASSETS (Statement of activities) | -99,674 [extracted, p.7] | -1,673,029 [extracted, p.7] | 512,990 [extracted, p.7] |
| net assets, beginning (Statement of activities) | 3,475,148 [extracted, p.7] | 5,148,177 [extracted, p.7] | 4,635,187 [extracted, p.7] |
| net assets, end (Statement of activities) | 3,375,474 [extracted, p.7] | 3,475,148 [extracted, p.7] | 5,148,177 [extracted, p.7] |

| Ratio | FY ending 2025-12-31 | FY ending 2024-12-31 | FY ending 2023-12-31 |
|---|---:|---:|---:|
| Days cash on hand | 15 days [plausible] | 14 days [plausible] | 25 days [plausible] |
| Current ratio | 1.51x [plausible] | 1.49x [plausible] | 2.74x [plausible] |
| Operating margin | -0.3% [plausible] | -6.1% [plausible] | 2.8% [plausible] |
| Total margin | -0.3% [plausible] | -6.2% [plausible] | 1.9% [plausible] |
| Patient revenue share | 57.5% [plausible] | 55.2% [plausible] | 52.9% [plausible] |
| Grant dependency | 17.2% [plausible] | 21.2% [plausible] | 21.9% [plausible] |
| Salaries share | 64.1% [plausible] | 61.9% [plausible] | 64.5% [plausible] |
| Days in patient receivables | 25 days [plausible] | 27 days [plausible] | 38 days [plausible] |
| Debt to net assets | 0.18x [plausible] | 0.20x [plausible] | 0.14x [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 (Pines Health Services; FAC-11 template snapshot, SRC-FAC-001).

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

## Cite this page

Astrelis Atlas, "Pines Health Services", https://astrelis.co/providers/health_center/201868, 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.