# Pancare Of Florida, Inc. D.B.A. Chc-Bay County

Health Center, FL
Page: https://astrelis.co/providers/health_center/681920  
This twin: https://astrelis.co/providers/health_center/681920.md  
CMS Certification Number (CCN): 681920  
Release: 2321a4fc37a7 (2026-10-22)

## Headline figures (fiscal years on file: 2022 to 2025)

Filings that are not a full fiscal year: FY2022 covers 284 days. These years sit in no comparison pool.

- **Operating margin (FY2025):** +36.8%. Astrelis calculation. Definition: https://astrelis.co/methodology#health-center
- **Total operating revenue (FY2025):** $0.6M. Reported value. Definition: https://astrelis.co/methodology#health-center
- **Total margin (including nonoperating) (FY2025):** +66.9%. 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

### PANCARE OF FLORIDA, INC., FL

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

- FY ending 2025-11-30 (audit year 2025): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2025-11-GSAFAC-0000426065
- FY ending 2024-11-30 (audit year 2024): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2024-11-GSAFAC-0000378588
- FY ending 2023-11-30 (audit year 2023): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2023-11-GSAFAC-0000373100

| Line | FY ending 2025-11-30 | FY ending 2024-11-30 | FY ending 2023-11-30 |
|---|---:|---:|---:|
| cash and investments (current) (Statement of financial position) | 3,944,093 [derived, p.6] | 2,542,162 [derived, p.6] | 3,376,421 [derived, p.6] |
| patient receivables, net (Statement of financial position) | 1,690,117 [derived, p.6] | 1,449,531 [derived, p.6] | 1,313,013 [derived, p.6] |
| grants and other receivables (Statement of financial position) | 3,812,033 [derived, p.6] | 4,427,508 [derived, p.6] | 2,977,929 [derived, p.6] |
| other current assets (Statement of financial position) | 1,444,663 [derived, p.6] | 1,118,060 [derived, p.6] | 588,993 [derived, p.6] |
| TOTAL CURRENT ASSETS (Statement of financial position) | 10,890,906 [extracted, p.6] | 9,537,261 [extracted, p.6] | 8,256,356 [extracted, p.6] |
| property and equipment, net (Statement of financial position) | 26,933,323 [derived, p.6] | 27,130,087 [derived, p.6] | 22,765,269 [derived, p.6] |
| other long-term assets (Statement of financial position) | 2,264,871 [derived, p.6] | 2,117,002 [derived, p.6] | 1,451,737 [derived, p.6] |
| TOTAL ASSETS (Statement of financial position) | 40,089,100 [extracted, p.6] | 38,784,350 [extracted, p.6] | 32,473,362 [extracted, p.6] |
| payables and accrued expenses (Statement of financial position) | 2,940,640 [derived, p.7] | 5,638,201 [derived, p.7] | 3,584,769 [derived, p.7] |
| 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) | 2,486,905 [derived, p.7] | 2,472,796 [derived, p.7] | 263,165 [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) | 5,427,545 [extracted, p.7] | 8,110,997 [extracted, p.7] | 3,847,934 [extracted, p.7] |
| long-term debt and leases (Statement of financial position) | 4,210,959 [derived, p.7] | 4,646,780 [derived, p.7] | 3,862,925 [derived, p.7] |
| other long-term liabilities (Statement of financial position) | 1,278,666 [derived, p.7] | 996,153 [derived, p.7] | 751,022 [derived, p.7] |
| TOTAL LIABILITIES (Statement of financial position) | 10,917,170 [extracted, p.7] | 13,753,930 [extracted, p.7] | 8,461,881 [extracted, p.7] |
| net assets without donor restrictions (Statement of financial position) | 29,171,930 [derived, p.7] | 25,030,420 [derived, p.7] | 24,011,481 [derived, p.7] |
| net assets with donor restrictions (Statement of financial position) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| TOTAL NET ASSETS (Statement of financial position) | 29,171,930 [extracted, p.7] | 25,030,420 [extracted, p.7] | 24,011,481 [extracted, p.7] |
| patient service revenue, net (Statement of activities) | 12,323,039 [derived, p.8] | 11,326,841 [derived, p.8] | 11,395,845 [derived, p.8] |
| pharmacy and 340B revenue (Statement of activities) | 23,625,315 [derived, p.8] | 13,035,577 [derived, p.8] | 8,852,726 [derived, p.8] |
| federal grants (Statement of activities) | 12,037,956 [derived, p.8] | 11,477,439 [derived, p.8] | 11,241,496 [derived, p.8] |
| other grants and contracts (Statement of activities) | 1,646,204 [derived, p.8] | 1,364,045 [derived, p.8] | 399,420 [derived, p.8] |
| contributions (Statement of activities) | 3,271,007 [derived, p.8] | 4,047,525 [derived, p.8] | 2,964,932 [derived, p.8] |
| other revenue (Statement of activities) | 3,790,047 [derived, p.8] | 4,710,030 [derived, p.8] | 3,385,776 [derived, p.8] |
| TOTAL REVENUE AND SUPPORT (Statement of activities) | 56,693,568 [extracted, p.8] | 45,961,457 [extracted, p.8] | 38,240,195 [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) | 52,669,224 [extracted, p.8] | 43,906,253 [extracted, p.8] | 36,233,533 [extracted, p.8] |
| OPERATING RESULT (Statement of activities) | 4,024,344 [extracted, p.8] | 2,055,204 [extracted, p.8] | absent (not printed, or not read) |
| non-operating and other changes (Statement of activities) | 117,166 [derived, p.8] | -1,036,265 [derived, p.8] | absent (not printed, or not read) |
| CHANGE IN NET ASSETS (Statement of activities) | 4,141,510 [extracted, p.8] | 1,018,939 [extracted, p.8] | 2,006,662 [extracted, p.8] |
| net assets, beginning (Statement of activities) | 25,030,420 [extracted, p.8] | 24,011,481 [extracted, p.8] | 22,004,819 [extracted, p.8] |
| net assets, end (Statement of activities) | 29,171,930 [extracted, p.8] | 25,030,420 [extracted, p.8] | 24,011,481 [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 | 2.01x [plausible] | 1.18x [plausible] | 2.15x [plausible] |
| Operating margin | 7.1% [plausible] | 4.5% [plausible] | absent [not computed] |
| Total margin | 7.3% [plausible] | 2.2% [plausible] | 5.2% [plausible] |
| Patient revenue share | 21.7% [plausible] | 24.6% [plausible] | 29.8% [plausible] |
| Grant dependency | 24.1% [plausible] | 27.9% [plausible] | 30.4% [plausible] |
| Salaries share | absent [not computed] | absent [not computed] | absent [not computed] |
| Days in patient receivables | 50 days [plausible] | 47 days [plausible] | 42 days [plausible] |
| Debt to net assets | 0.23x [plausible] | 0.28x [plausible] | 0.17x [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 (PANCARE OF FLORIDA, 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, "Pancare Of Florida, Inc. D.B.A. Chc-Bay County", https://astrelis.co/providers/health_center/681920, 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.