# Tandem Health Sc

Health Center, SC
Page: https://astrelis.co/providers/health_center/421866  
This twin: https://astrelis.co/providers/health_center/421866.md  
CMS Certification Number (CCN): 421866  
Release: 2321a4fc37a7 (2026-10-22)

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

- **Operating margin (FY2025):** -155.2%. Astrelis calculation. Definition: https://astrelis.co/methodology#health-center
- **Total operating revenue (FY2025):** $13.8M. Reported value. Definition: https://astrelis.co/methodology#health-center
- **Total margin (including nonoperating) (FY2025):** -2.1%. 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

### Tandem Health SC, GA

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 2025-09-30 (audit year 2025): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2025-09-GSAFAC-0000388804
- FY ending 2024-09-30 (audit year 2024): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2024-09-GSAFAC-0000069714
- FY ending 2023-09-30 (audit year 2023): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2023-09-GSAFAC-0000013065

| Line | FY ending 2025-09-30 | FY ending 2024-09-30 | FY ending 2023-09-30 |
|---|---:|---:|---:|
| cash and investments (current) (Statement of financial position) | 2,067,387 [derived, p.7] | 2,786,661 [derived, p.6] | 4,513,366 [derived, p.6] |
| patient receivables, net (Statement of financial position) | 2,154,151 [derived, p.7] | 1,808,405 [derived, p.6] | 1,232,292 [derived, p.6] |
| grants and other receivables (Statement of financial position) | 55,773 [derived, p.7] | 308,001 [derived, p.6] | 782,449 [derived, p.6] |
| other current assets (Statement of financial position) | 512,634 [derived, p.7] | 444,470 [derived, p.6] | 428,819 [derived, p.6] |
| TOTAL CURRENT ASSETS (Statement of financial position) | 4,789,945 [extracted, p.7] | 5,347,537 [extracted, p.6] | 6,956,926 [extracted, p.6] |
| property and equipment, net (Statement of financial position) | 11,411,102 [derived, p.7] | 11,836,575 [derived, p.6] | 11,013,790 [derived, p.6] |
| other long-term assets (Statement of financial position) | 4,880,581 [derived, p.7] | 5,143,388 [derived, p.6] | 3,862,875 [derived, p.6] |
| TOTAL ASSETS (Statement of financial position) | 21,081,628 [extracted, p.7] | 22,327,500 [extracted, p.6] | 21,833,591 [extracted, p.6] |
| payables and accrued expenses (Statement of financial position) | 2,089,448 [derived, p.8] | 1,927,397 [derived, p.7] | 1,887,167 [derived, p.7] |
| deferred revenue (Statement of financial position) | 268,932 [derived, p.8] | 389,560 [derived, p.7] | 55,336 [derived, p.7] |
| current debt and leases (Statement of financial position) | 1,098,046 [derived, p.8] | 1,052,762 [derived, p.7] | 5,060,718 [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) | 3,456,426 [extracted, p.8] | 3,369,719 [extracted, p.7] | 7,003,221 [extracted, p.7] |
| long-term debt and leases (Statement of financial position) | 7,947,515 [derived, p.8] | 8,735,455 [derived, p.7] | 3,998,552 [derived, p.7] |
| other long-term liabilities (Statement of financial position) | 1,262,232 [derived, p.8] | 1,090,415 [derived, p.7] | 470,878 [derived, p.7] |
| TOTAL LIABILITIES (Statement of financial position) | 12,666,173 [extracted, p.8] | 13,195,589 [extracted, p.7] | 11,472,651 [extracted, p.7] |
| net assets without donor restrictions (Statement of financial position) | 8,415,455 [derived, p.8] | 9,131,911 [derived, p.7] | 10,334,212 [derived, p.7] |
| net assets with donor restrictions (Statement of financial position) | absent (not printed, or not read) | absent (not printed, or not read) | 26,728 [derived, p.7] |
| TOTAL NET ASSETS (Statement of financial position) | 8,415,455 [extracted, p.8] | 9,131,911 [extracted, p.7] | 10,360,940 [extracted, p.7] |
| patient service revenue, net (Statement of activities) | 28,792,438 [derived, p.9] | 27,065,488 [derived, p.8] | 23,386,176 [derived, p.8] |
| 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) | 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) | 3,985,348 [derived, p.9] | 4,150,283 [derived, p.8] | 5,681,504 [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) | 1,630,399 [derived, p.9] | 1,057,193 [derived, p.8] | 1,060,896 [derived, p.8] |
| TOTAL REVENUE AND SUPPORT (Statement of activities) | 34,408,185 [extracted, p.9] | 32,272,964 [extracted, p.8] | 30,128,576 [extracted, p.8] |
| salaries and benefits (Statement of activities) | 19,474,508 [derived, p.9] | 19,607,087 [derived, p.8] | 17,399,001 [derived, p.8] |
| supplies and pharmaceuticals (Statement of activities) | 6,358,934 [derived, p.9] | 5,355,927 [derived, p.8] | 3,958,537 [derived, p.8] |
| purchased and professional services (Statement of activities) | 4,537,153 [derived, p.9] | 4,072,800 [derived, p.8] | 2,847,665 [derived, p.8] |
| occupancy (Statement of activities) | 658,011 [derived, p.9] | 715,306 [derived, p.8] | 652,125 [derived, p.8] |
| depreciation and amortization (Statement of activities) | 1,149,019 [derived, p.9] | 875,781 [derived, p.8] | 763,109 [derived, p.8] |
| interest (Statement of activities) | 368,418 [derived, p.9] | 329,036 [derived, p.8] | 283,980 [derived, p.8] |
| other expenses (Statement of activities) | 2,673,950 [derived, p.9] | 3,100,573 [derived, p.8] | 2,799,462 [derived, p.8] |
| TOTAL EXPENSES (Statement of activities) | 35,219,993 [extracted, p.9] | 34,056,510 [extracted, p.8] | 28,703,879 [extracted, p.8] |
| OPERATING RESULT (Statement of activities) | -811,808 [extracted, p.9] | -1,783,546 [extracted, p.8] | 1,424,697 [extracted, p.8] |
| non-operating and other changes (Statement of activities) | 95,352 [derived, p.10] | 554,517 [derived, p.9] | 522,052 [derived, p.8] |
| CHANGE IN NET ASSETS (Statement of activities) | -716,456 [extracted, p.10] | -1,229,029 [extracted, p.9] | 1,946,749 [extracted, p.8] |
| net assets, beginning (Statement of activities) | 9,131,911 [extracted, p.10] | 10,360,940 [extracted, p.9] | 8,414,191 [extracted, p.8] |
| net assets, end (Statement of activities) | 8,415,455 [extracted, p.10] | 9,131,911 [extracted, p.9] | 10,360,940 [extracted, p.8] |

| Ratio | FY ending 2025-09-30 | FY ending 2024-09-30 | FY ending 2023-09-30 |
|---|---:|---:|---:|
| Days cash on hand | 22 days [plausible] | 31 days [plausible] | 59 days [plausible] |
| Current ratio | 1.39x [plausible] | 1.59x [plausible] | 0.99x [plausible] |
| Operating margin | -2.4% [plausible] | -5.5% [plausible] | 4.7% [plausible] |
| Total margin | -2.1% [plausible] | -3.8% [plausible] | 6.5% [plausible] |
| Patient revenue share | 83.7% [plausible] | 83.9% [plausible] | 77.6% [plausible] |
| Grant dependency | absent [not computed] | absent [not computed] | absent [not computed] |
| Salaries share | 55.3% [plausible] | 57.6% [plausible] | 60.6% [plausible] |
| Days in patient receivables | 27 days [plausible] | 24 days [plausible] | 19 days [plausible] |
| Debt to net assets | 1.07x [plausible] | 1.07x [plausible] | 0.87x [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 (Tandem Health SC; 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, "Tandem Health Sc", https://astrelis.co/providers/health_center/421866, 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.
