# Neomed Center, Inc

Health Center, PR
Page: https://astrelis.co/providers/health_center/401832  
This twin: https://astrelis.co/providers/health_center/401832.md  
CMS Certification Number (CCN): 401832  
Release: 2321a4fc37a7 (2026-10-22)

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

- **Operating margin (FY2021):** -6.4%. Astrelis calculation. Definition: https://astrelis.co/methodology#health-center
- **Total operating revenue (FY2021):** $16.6M. Reported value. Definition: https://astrelis.co/methodology#health-center
- **Total margin (including nonoperating) (FY2021):** -6.4%. 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

### NEOMED CENTER, INC., PR

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

- FY ending 2025-06-30 (audit year 2025): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2025-06-GSAFAC-0000413071
- FY ending 2024-06-30 (audit year 2024): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2024-06-GSAFAC-0000361605
- FY ending 2023-06-30 (audit year 2023): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2023-06-GSAFAC-0000032735

| Line | FY ending 2025-06-30 | FY ending 2024-06-30 | FY ending 2023-06-30 |
|---|---:|---:|---:|
| cash and investments (current) (Statement of financial position) | 8,962,571 [derived, p.6] | 11,014,628 [derived, p.6] | 10,474,158 [derived, p.6] |
| patient receivables, net (Statement of financial position) | 4,109,391 [derived, p.6] | 4,804,614 [derived, p.6] | 10,248,112 [derived, p.6] |
| grants and other receivables (Statement of financial position) | 405,893 [derived, p.6] | 148,205 [derived, p.6] | absent (not printed, or not read) |
| other current assets (Statement of financial position) | 1,876,777 [derived, p.6] | 1,602,641 [derived, p.6] | 1,406,263 [derived, p.6] |
| TOTAL CURRENT ASSETS (Statement of financial position) | 15,354,632 [extracted, p.6] | 17,570,088 [extracted, p.6] | 22,128,533 [extracted, p.6] |
| property and equipment, net (Statement of financial position) | 43,906,768 [derived, p.6] | 39,957,318 [derived, p.6] | 35,883,941 [derived, p.6] |
| other long-term assets (Statement of financial position) | 6,588,018 [derived, p.6] | 3,772,466 [derived, p.6] | 1,768,629 [derived, p.6] |
| TOTAL ASSETS (Statement of financial position) | 65,849,418 [extracted, p.6] | 61,299,872 [extracted, p.6] | 59,781,103 [extracted, p.6] |
| payables and accrued expenses (Statement of financial position) | 7,874,387 [derived, p.6] | 5,409,385 [derived, p.6] | 4,768,313 [derived, p.6] |
| deferred revenue (Statement of financial position) | 1,811,974 [derived, p.6] | 209,260 [derived, p.6] | absent (not printed, or not read) |
| current debt and leases (Statement of financial position) | 232,170 [derived, p.6] | 6,119,882 [derived, p.6] | 3,039,815 [derived, p.6] |
| other current liabilities (Statement of financial position) | 13,549,827 [derived, p.6] | 2,175,000 [derived, p.6] | 937,018 [derived, p.6] |
| TOTAL CURRENT LIABILITIES (Statement of financial position) | 23,468,358 [extracted, p.6] | 13,913,527 [extracted, p.6] | 8,745,146 [extracted, p.6] |
| long-term debt and leases (Statement of financial position) | 4,634,564 [derived, p.6] | 4,787,440 [derived, p.6] | 6,181,878 [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) | 28,102,922 [extracted, p.6] | 18,700,967 [extracted, p.6] | 14,927,024 [extracted, p.6] |
| net assets without donor restrictions (Statement of financial position) | 37,746,496 [derived, p.6] | 42,598,905 [derived, p.6] | 43,864,301 [derived, p.6] |
| net assets with donor restrictions (Statement of financial position) | absent (not printed, or not read) | absent (not printed, or not read) | 989,778 [derived, p.6] |
| TOTAL NET ASSETS (Statement of financial position) | 37,746,496 [extracted, p.6] | 42,598,905 [extracted, p.6] | 44,854,079 [extracted, p.6] |
| patient service revenue, net (Statement of activities) | 89,262,510 [derived, p.7] | 76,241,454 [derived, p.7] | 63,788,934 [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) | 8,119,531 [derived, p.7] | 11,572,164 [derived, p.7] | 15,161,375 [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) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| other revenue (Statement of activities) | 341,223 [derived, p.7] | 410,520 [derived, p.7] | 869,176 [derived, p.7] |
| TOTAL REVENUE AND SUPPORT (Statement of activities) | 97,723,264 [extracted, p.7] | 88,224,138 [extracted, p.7] | 79,819,485 [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) | 96,651,441 [extracted, p.7] | 90,479,312 [extracted, p.7] | 75,327,446 [extracted, p.7] |
| OPERATING RESULT (Statement of activities) | 1,071,823 [extracted, p.7] | absent (not printed, or not read) | absent (not printed, or not read) |
| non-operating and other changes (Statement of activities) | -5,924,231 [derived, p.7] | absent (not printed, or not read) | absent (not printed, or not read) |
| CHANGE IN NET ASSETS (Statement of activities) | -4,852,408 [extracted, p.7] | -2,255,174 [extracted, p.7] | 4,492,039 [extracted, p.7] |
| net assets, beginning (Statement of activities) | 42,598,905 [extracted, p.7] | 44,854,079 [extracted, p.7] | 40,362,040 [extracted, p.7] |
| net assets, end (Statement of activities) | 37,746,496 [extracted, p.7] | 42,598,905 [extracted, p.7] | 44,854,079 [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 | 0.65x [plausible] | 1.26x [plausible] | 2.53x [plausible] |
| Operating margin | 1.1% [plausible] | absent [not computed] | absent [not computed] |
| Total margin | -5.0% [plausible] | -2.6% [plausible] | 5.6% [plausible] |
| Patient revenue share | 91.3% [plausible] | 86.4% [plausible] | 79.9% [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 | 17 days [plausible] | 23 days [plausible] | 59 days [plausible] |
| Debt to net assets | 0.13x [plausible] | 0.26x [plausible] | 0.21x [plausible] |
| Health center award share | absent [not computed] | absent [not computed] | absent [not computed] |

## Sources

Organization not established: no HRSA Uniform Data System organization is attached to this site, so no organization figure is read. CMS HCRIS cost reports, form CMS-224-14, as filed (the Medicare cost-report appendix). Federal Audit Clearinghouse single audits as filed (NEOMED CENTER, 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, "Neomed Center, Inc", https://astrelis.co/providers/health_center/401832, 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.