# The Healthcare Connection, Inc.

Health Center, OH
Page: https://astrelis.co/providers/health_center/361805  
This twin: https://astrelis.co/providers/health_center/361805.md  
CMS Certification Number (CCN): 361805  
Release: 2321a4fc37a7 (2026-10-22)

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

- **Total patients (UDS) (FY2024):** 21,552. Reported value. Definition: https://astrelis.co/methodology#health-center
- **Operating margin (FY2025):** -167.1%. Astrelis calculation. Definition: https://astrelis.co/methodology#health-center
- **Service sites (FY2024):** 9. Reported value. Definition: https://astrelis.co/methodology#health-center
- **Uninsured patient share (FY2024):** 21.3%. Illustrative estimate. Definition: https://astrelis.co/methodology#health-center
- **Total operating revenue (FY2025):** $6.8M. Reported value. Definition: https://astrelis.co/methodology#health-center
- **Total margin (including nonoperating) (FY2025):** +6.2%. 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

### HEALTHCARE CONNECTION INC, OH

Match to this profile: identifier verified: the EIN the dataset carries for this CCN agrees with the filed EIN (method: exact name and state, narrowed by address (FACLAND tier 1+3)).

- FY ending 2025-12-31 (audit year 2025): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2025-12-GSAFAC-0000428660
- FY ending 2024-12-31 (audit year 2024): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2024-12-GSAFAC-0000382400
- FY ending 2023-12-31 (audit year 2023): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2023-12-GSAFAC-0000049612

| Line | FY ending 2025-12-31 | FY ending 2024-12-31 | FY ending 2023-12-31 |
|---|---:|---:|---:|
| cash and investments (current) (Statement of financial position) | 573,686 [derived, p.6] | 1,897,736 [derived, p.6] | 1,655,435 [derived, p.6] |
| patient receivables, net (Statement of financial position) | 2,721,849 [derived, p.6] | 882,730 [derived, p.6] | 796,005 [derived, p.6] |
| grants and other receivables (Statement of financial position) | 456,474 [derived, p.6] | 523,983 [derived, p.6] | 77,683 [derived, p.6] |
| other current assets (Statement of financial position) | 633,285 [derived, p.6] | 373,129 [derived, p.6] | 130,500 [derived, p.6] |
| TOTAL CURRENT ASSETS (Statement of financial position) | 4,385,294 [extracted, p.6] | 3,677,578 [extracted, p.6] | 2,659,623 [extracted, p.6] |
| property and equipment, net (Statement of financial position) | 8,213,595 [derived, p.6] | 7,624,892 [derived, p.6] | 7,904,073 [derived, p.6] |
| other long-term assets (Statement of financial position) | 176,860 [derived, p.6] | 78,082 [derived, p.6] | 120,396 [derived, p.6] |
| TOTAL ASSETS (Statement of financial position) | 12,775,749 [extracted, p.6] | 11,380,552 [extracted, p.6] | 10,684,092 [extracted, p.6] |
| payables and accrued expenses (Statement of financial position) | 1,827,601 [derived, p.6] | 1,203,059 [derived, p.6] | 821,447 [derived, p.6] |
| deferred revenue (Statement of financial position) | 62,568 [derived, p.6] | 198,300 [derived, p.6] | 93,652 [derived, p.6] |
| current debt and leases (Statement of financial position) | 656,873 [derived, p.6] | 254,939 [derived, p.6] | 291,079 [derived, p.6] |
| other current liabilities (Statement of financial position) | absent (not printed, or not read) | 52,943 [derived, p.6] | 318,129 [derived, p.6] |
| TOTAL CURRENT LIABILITIES (Statement of financial position) | 2,547,042 [extracted, p.6] | 1,709,241 [extracted, p.6] | 1,524,307 [extracted, p.6] |
| long-term debt and leases (Statement of financial position) | 1,363,371 [derived, p.6] | 1,887,560 [derived, p.6] | 2,140,934 [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) | 3,910,413 [extracted, p.6] | 3,596,801 [extracted, p.6] | 3,665,241 [extracted, p.6] |
| net assets without donor restrictions (Statement of financial position) | 8,417,139 [derived, p.6] | 7,585,471 [derived, p.6] | 7,015,180 [derived, p.6] |
| net assets with donor restrictions (Statement of financial position) | 448,197 [derived, p.6] | 198,280 [derived, p.6] | 3,671 [derived, p.6] |
| TOTAL NET ASSETS (Statement of financial position) | 8,865,336 [extracted, p.6] | 7,783,751 [extracted, p.6] | 7,018,851 [extracted, p.6] |
| patient service revenue, net (Statement of activities) | 7,147,275 [derived, p.7] | 7,355,011 [derived, p.7] | 6,446,713 [derived, p.7] |
| pharmacy and 340B revenue (Statement of activities) | 6,285,086 [derived, p.7] | 4,769,143 [derived, p.7] | 465,067 [derived, p.7] |
| federal grants (Statement of activities) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| other grants and contracts (Statement of activities) | 4,405,538 [derived, p.7] | 2,725,925 [derived, p.7] | 4,162,348 [derived, p.7] |
| contributions (Statement of activities) | 243,436 [derived, p.7] | 139,200 [derived, p.7] | 125,760 [derived, p.7] |
| other revenue (Statement of activities) | 1,064,227 [derived, p.7] | 1,515,463 [derived, p.7] | 725,458 [derived, p.7] |
| TOTAL REVENUE AND SUPPORT (Statement of activities) | 19,145,562 [extracted, p.7] | 16,504,742 [extracted, p.7] | 11,925,346 [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) | 18,654,435 [extracted, p.7] | 16,059,311 [extracted, p.7] | 13,751,619 [extracted, p.7] |
| OPERATING RESULT (Statement of activities) | 491,127 [extracted, p.7] | 445,431 [extracted, p.7] | -1,826,273 [extracted, p.7] |
| non-operating and other changes (Statement of activities) | 590,458 [derived, p.7] | 319,469 [derived, p.7] | 429,702 [derived, p.7] |
| CHANGE IN NET ASSETS (Statement of activities) | 1,081,585 [extracted, p.7] | 764,900 [extracted, p.7] | -1,396,571 [extracted, p.7] |
| net assets, beginning (Statement of activities) | 7,783,751 [extracted, p.7] | 7,018,851 [extracted, p.7] | 8,415,422 [extracted, p.7] |
| net assets, end (Statement of activities) | 8,865,336 [extracted, p.7] | 7,783,751 [extracted, p.7] | 7,018,851 [extracted, p.7] |

| Ratio | FY ending 2025-12-31 | FY ending 2024-12-31 | FY ending 2023-12-31 |
|---|---:|---:|---:|
| Days cash on hand | absent [not computed] | absent [not computed] | absent [not computed] |
| Current ratio | 1.72x [plausible] | 2.15x [plausible] | 1.74x [plausible] |
| Operating margin | 2.6% [plausible] | 2.7% [plausible] | -15.3% [plausible] |
| Total margin | 5.6% [plausible] | 4.6% [plausible] | -11.7% [plausible] |
| Patient revenue share | 37.3% [plausible] | 44.6% [plausible] | 54.1% [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 | 139 days [plausible] | 44 days [plausible] | 45 days [plausible] |
| Debt to net assets | 0.23x [plausible] | 0.28x [plausible] | 0.35x [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 (HEALTHCARE CONNECTION INC; 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, "The Healthcare Connection, Inc.", https://astrelis.co/providers/health_center/361805, 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.