# Muskingum Valley Health Centers, Inc.

Health Center, OH
Page: https://astrelis.co/providers/health_center/361923  
This twin: https://astrelis.co/providers/health_center/361923.md  
CMS Certification Number (CCN): 361923  
Release: 2321a4fc37a7 (2026-10-22)

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

- **Operating margin (FY2025):** -78.4%. Astrelis calculation. Definition: https://astrelis.co/methodology#health-center
- **Total operating revenue (FY2025):** $39.7M. Reported value. Definition: https://astrelis.co/methodology#health-center
- **Total margin (including nonoperating) (FY2025):** +8.5%. 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

### Muskingum Valley Health Centers, OH

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

- FY ending 2025-12-31 (audit year 2025): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2025-12-GSAFAC-0000411345
- FY ending 2024-12-31 (audit year 2024): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2024-12-GSAFAC-0000365516
- FY ending 2023-12-31 (audit year 2023): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2023-12-GSAFAC-0000038698

| Line | FY ending 2025-12-31 | FY ending 2024-12-31 | FY ending 2023-12-31 |
|---|---:|---:|---:|
| cash and investments (current) (Statement of financial position) | 23,902,865 [derived, p.6] | 14,417,311 [derived, p.6] | 14,060,714 [derived, p.6] |
| patient receivables, net (Statement of financial position) | 3,715,535 [derived, p.6] | 4,525,164 [derived, p.6] | 5,085,166 [derived, p.6] |
| grants and other receivables (Statement of financial position) | 2,005,744 [derived, p.6] | 1,269,719 [derived, p.6] | 1,245,043 [derived, p.6] |
| other current assets (Statement of financial position) | 1,508,578 [derived, p.6] | 1,887,784 [derived, p.6] | 1,692,501 [derived, p.6] |
| TOTAL CURRENT ASSETS (Statement of financial position) | 31,132,722 [extracted, p.6] | 22,099,978 [extracted, p.6] | 22,083,424 [extracted, p.6] |
| property and equipment, net (Statement of financial position) | 34,891,621 [derived, p.6] | 36,958,372 [derived, p.6] | 35,342,088 [derived, p.6] |
| other long-term assets (Statement of financial position) | 1,570,250 [derived, p.6] | 1,627,767 [derived, p.6] | 1,129,887 [derived, p.6] |
| TOTAL ASSETS (Statement of financial position) | 67,594,593 [extracted, p.6] | 60,686,117 [extracted, p.6] | 58,555,399 [extracted, p.6] |
| payables and accrued expenses (Statement of financial position) | 4,648,205 [derived, p.6] | 3,502,289 [derived, p.6] | 2,565,353 [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) | 787,194 [derived, p.6] | 774,230 [derived, p.6] | 849,799 [derived, p.6] |
| other current liabilities (Statement of financial position) | absent (not printed, or not read) | 5,394 [derived, p.6] | 94,600 [derived, p.6] |
| TOTAL CURRENT LIABILITIES (Statement of financial position) | 5,435,399 [extracted, p.6] | 4,281,913 [extracted, p.6] | 3,509,752 [extracted, p.6] |
| long-term debt and leases (Statement of financial position) | 13,945,497 [derived, p.6] | 14,680,278 [derived, p.6] | 14,896,805 [derived, p.6] |
| other long-term liabilities (Statement of financial position) | 770,000 [derived, p.6] | 827,500 [derived, p.6] | 885,000 [derived, p.6] |
| TOTAL LIABILITIES (Statement of financial position) | 20,150,896 [extracted, p.6] | 19,789,691 [extracted, p.6] | 19,291,557 [extracted, p.6] |
| net assets without donor restrictions (Statement of financial position) | 46,939,123 [derived, p.6] | 40,486,466 [derived, p.6] | 38,947,059 [derived, p.6] |
| net assets with donor restrictions (Statement of financial position) | 504,574 [derived, p.6] | 409,960 [derived, p.6] | 316,783 [derived, p.6] |
| TOTAL NET ASSETS (Statement of financial position) | 47,443,697 [extracted, p.6] | 40,896,426 [extracted, p.6] | 39,263,842 [extracted, p.6] |
| patient service revenue, net (Statement of activities) | 39,660,370 [derived, p.7] | 38,087,459 [derived, p.7] | 35,257,954 [derived, p.7] |
| pharmacy and 340B revenue (Statement of activities) | 24,111,905 [derived, p.7] | 14,814,078 [derived, p.7] | 10,716,245 [derived, p.7] |
| federal grants (Statement of activities) | 5,548,077 [derived, p.7] | absent (not printed, or not read) | absent (not printed, or not read) |
| other grants and contracts (Statement of activities) | 5,122,609 [derived, p.7] | 5,714,475 [derived, p.7] | 6,072,505 [derived, p.7] |
| contributions (Statement of activities) | 219,469 [derived, p.7] | 1,444,066 [derived, p.7] | 6,471,369 [derived, p.7] |
| other revenue (Statement of activities) | 979,262 [derived, p.7] | 991,544 [derived, p.7] | 1,098,661 [derived, p.7] |
| TOTAL REVENUE AND SUPPORT (Statement of activities) | 75,641,692 [extracted, p.7] | 61,051,622 [extracted, p.7] | 59,616,734 [extracted, p.7] |
| salaries and benefits (Statement of activities) | 41,105,228 [derived, p.7] | 39,796,151 [derived, p.7] | 38,490,441 [derived, p.7] |
| supplies and pharmaceuticals (Statement of activities) | 20,451,429 [derived, p.7] | 13,250,576 [derived, p.7] | 10,241,028 [derived, p.7] |
| purchased and professional services (Statement of activities) | 2,709,687 [derived, p.7] | 1,997,611 [derived, p.7] | 1,772,928 [derived, p.7] |
| occupancy (Statement of activities) | 1,103,279 [derived, p.7] | 1,137,667 [derived, p.7] | 1,279,781 [derived, p.7] |
| depreciation and amortization (Statement of activities) | 1,612,896 [derived, p.7] | 1,534,715 [derived, p.7] | 1,502,132 [derived, p.7] |
| interest (Statement of activities) | 633,439 [derived, p.7] | 658,320 [derived, p.7] | 680,920 [derived, p.7] |
| other expenses (Statement of activities) | 3,120,818 [derived, p.7] | 2,629,160 [derived, p.7] | 2,941,071 [derived, p.7] |
| TOTAL EXPENSES (Statement of activities) | 70,736,776 [extracted, p.7] | 61,004,200 [extracted, p.7] | 56,908,301 [extracted, p.7] |
| OPERATING RESULT (Statement of activities) | 4,904,916 [extracted, p.7] | 47,422 [extracted, p.7] | 2,708,433 [extracted, p.7] |
| non-operating and other changes (Statement of activities) | 1,642,355 [derived, p.7] | 1,585,162 [derived, p.7] | 1,187,745 [derived, p.7] |
| CHANGE IN NET ASSETS (Statement of activities) | 6,547,271 [extracted, p.7] | 1,632,584 [extracted, p.7] | 3,896,178 [extracted, p.7] |
| net assets, beginning (Statement of activities) | 40,896,426 [extracted, p.7] | 39,263,842 [extracted, p.7] | 35,367,664 [extracted, p.7] |
| net assets, end (Statement of activities) | 47,443,697 [extracted, p.7] | 40,896,426 [extracted, p.7] | 39,263,842 [extracted, p.7] |

| Ratio | FY ending 2025-12-31 | FY ending 2024-12-31 | FY ending 2023-12-31 |
|---|---:|---:|---:|
| Days cash on hand | 126 days [plausible] | 89 days [plausible] | 93 days [plausible] |
| Current ratio | 5.73x [plausible] | 5.16x [plausible] | 6.29x [plausible] |
| Operating margin | 6.5% [plausible] | 0.1% [plausible] | 4.5% [plausible] |
| Total margin | 8.7% [plausible] | 2.7% [plausible] | 6.5% [plausible] |
| Patient revenue share | 52.4% [plausible] | 62.4% [plausible] | 59.1% [plausible] |
| Grant dependency | 14.1% [plausible] | absent [not computed] | absent [not computed] |
| Salaries share | 58.1% [plausible] | 65.2% [plausible] | 67.6% [plausible] |
| Days in patient receivables | 34 days [plausible] | 43 days [plausible] | 53 days [plausible] |
| Debt to net assets | 0.31x [plausible] | 0.38x [plausible] | 0.40x [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 (Muskingum Valley Health Centers; 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, "Muskingum Valley Health Centers, Inc.", https://astrelis.co/providers/health_center/361923, 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.