# Parkwest Health Systems, Inc.

Health Center, MD
Page: https://astrelis.co/providers/health_center/211805  
This twin: https://astrelis.co/providers/health_center/211805.md  
CMS Certification Number (CCN): 211805  
Release: 2321a4fc37a7 (2026-10-22)

## Headline figures (fiscal years on file: 2019 to 2024)

- **Total patients (UDS) (FY2024):** 7,402. Reported value. Definition: https://astrelis.co/methodology#health-center
- **Total visits (all service types) (FY2024):** 25,132. Reported value. Definition: https://astrelis.co/methodology#health-center
- **Service sites (FY2024):** 3. Reported value. Definition: https://astrelis.co/methodology#health-center
- **Uninsured patient share (FY2024):** 23.9%. Illustrative estimate. Definition: https://astrelis.co/methodology#health-center
- **Operating margin (FY2024):** -301.0%. Astrelis calculation. Definition: https://astrelis.co/methodology#health-center
- **Total operating revenue (FY2024):** $4.8M. Reported value. Definition: https://astrelis.co/methodology#health-center
- **Total margin (including nonoperating) (FY2024):** -10.2%. 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

### PARK WEST HEALTH SYSTEMS, INCORPORATED, MD

Match to this profile: matched by name (method: exact name and state (FACLAND tier 1)).

- FY ending 2025-11-30 (audit year 2025): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2025-11-GSAFAC-0000424403
- FY ending 2024-11-30 (audit year 2024): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2024-11-GSAFAC-0000378476
- FY ending 2023-11-30 (audit year 2023): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2023-11-GSAFAC-0000053524

| Line | FY ending 2025-11-30 | FY ending 2024-11-30 | FY ending 2023-11-30 |
|---|---:|---:|---:|
| cash and investments (current) (Statement of financial position) | 1,598,889 [derived, p.6] | 1,503,825 [derived, p.6] | 1,920,766 [derived, p.6] |
| patient receivables, net (Statement of financial position) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| grants and other receivables (Statement of financial position) | 1,390,095 [derived, p.6] | 1,282,597 [derived, p.6] | 881,693 [derived, p.6] |
| other current assets (Statement of financial position) | 2,112,289 [derived, p.6] | 1,573,473 [derived, p.6] | 2,168,121 [derived, p.6] |
| TOTAL CURRENT ASSETS (Statement of financial position) | 5,101,273 [extracted, p.6] | 4,359,895 [extracted, p.6] | 4,970,580 [extracted, p.6] |
| property and equipment, net (Statement of financial position) | 2,642,394 [derived, p.6] | 2,956,664 [derived, p.6] | 3,468,410 [derived, p.6] |
| other long-term assets (Statement of financial position) | 61,184 [derived, p.6] | 61,184 [derived, p.6] | 61,184 [derived, p.6] |
| TOTAL ASSETS (Statement of financial position) | 7,804,851 [extracted, p.6] | 7,377,743 [extracted, p.6] | 8,500,174 [extracted, p.6] |
| payables and accrued expenses (Statement of financial position) | 1,198,500 [derived, p.7] | 804,409 [derived, p.7] | 728,602 [derived, p.7] |
| deferred revenue (Statement of financial position) | 1,878,500 [derived, p.7] | 1,303,500 [derived, p.7] | 788,566 [derived, p.7] |
| current debt and leases (Statement of financial position) | 365,141 [derived, p.7] | 348,576 [derived, p.7] | 338,099 [derived, p.7] |
| 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) | 3,442,141 [extracted, p.7] | 2,456,485 [extracted, p.7] | 1,855,267 [extracted, p.7] |
| long-term debt and leases (Statement of financial position) | 640,866 [derived, p.7] | 1,002,671 [derived, p.7] | 1,089,236 [derived, p.7] |
| 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) | 4,083,007 [extracted, p.7] | 3,459,156 [extracted, p.7] | 2,944,503 [extracted, p.7] |
| net assets without donor restrictions (Statement of financial position) | 3,671,844 [derived, p.7] | 3,843,587 [derived, p.7] | 5,455,671 [derived, p.7] |
| net assets with donor restrictions (Statement of financial position) | 50,000 [derived, p.7] | 75,000 [derived, p.7] | 100,000 [derived, p.7] |
| TOTAL NET ASSETS (Statement of financial position) | 3,721,844 [extracted, p.7] | 3,918,587 [extracted, p.7] | 5,555,671 [extracted, p.7] |
| patient service revenue, net (Statement of activities) | 9,723,190 [derived, p.8] | 9,155,358 [derived, p.8] | 12,865,077 [derived, p.8] |
| pharmacy and 340B revenue (Statement of activities) | 9,229,294 [derived, p.8] | 6,665,798 [derived, p.8] | absent (not printed, or not read) |
| federal grants (Statement of activities) | 1,357,018 [derived, p.8] | 1,347,627 [derived, p.8] | 1,414,285 [derived, p.8] |
| other grants and contracts (Statement of activities) | 4,850,632 [derived, p.8] | 4,744,140 [derived, p.8] | 4,835,151 [derived, p.8] |
| 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) | -3,159,506 [derived, p.8] | -4,093,994 [derived, p.8] | -1,439,301 [derived, p.8] |
| TOTAL REVENUE AND SUPPORT (Statement of activities) | 22,000,628 [extracted, p.8] | 17,818,929 [extracted, p.8] | 17,675,212 [extracted, p.8] |
| 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) | 22,172,371 [extracted, p.8] | 19,431,013 [extracted, p.8] | 16,003,096 [extracted, p.8] |
| OPERATING RESULT (Statement of activities) | -171,743 [extracted, p.8] | -1,612,084 [extracted, p.8] | 1,672,116 [extracted, p.8] |
| non-operating and other changes (Statement of activities) | -25,000 [derived, p.8] | -25,000 [derived, p.8] | -25,000 [derived, p.8] |
| CHANGE IN NET ASSETS (Statement of activities) | -196,743 [extracted, p.8] | -1,637,084 [extracted, p.8] | 1,647,116 [extracted, p.8] |
| net assets, beginning (Statement of activities) | 3,918,587 [extracted, p.8] | 5,555,671 [extracted, p.8] | 3,908,555 [extracted, p.8] |
| net assets, end (Statement of activities) | 3,721,844 [extracted, p.8] | 3,918,587 [extracted, p.8] | 5,555,671 [extracted, p.8] |

| Ratio | FY ending 2025-11-30 | FY ending 2024-11-30 | FY ending 2023-11-30 |
|---|---:|---:|---:|
| Days cash on hand | absent [not computed] | absent [not computed] | absent [not computed] |
| Current ratio | 1.48x [plausible] | 1.77x [plausible] | 2.68x [plausible] |
| Operating margin | -0.8% [plausible] | -9.0% [plausible] | 9.5% [plausible] |
| Total margin | -0.9% [plausible] | -9.2% [plausible] | 9.3% [plausible] |
| Patient revenue share | 44.2% [plausible] | 51.4% [plausible] | 72.8% [plausible] |
| Grant dependency | 28.2% [plausible] | 34.2% [plausible] | 35.4% [plausible] |
| Salaries share | absent [not computed] | absent [not computed] | absent [not computed] |
| Days in patient receivables | absent [not computed] | absent [not computed] | absent [not computed] |
| Debt to net assets | 0.27x [plausible] | 0.34x [plausible] | 0.26x [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 (PARK WEST HEALTH SYSTEMS, INCORPORATED; 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, "Parkwest Health Systems, Inc.", https://astrelis.co/providers/health_center/211805, 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.