# Careconnect Health, Inc

Health Center, GA
Page: https://astrelis.co/providers/health_center/851053  
This twin: https://astrelis.co/providers/health_center/851053.md  
CMS Certification Number (CCN): 851053  
Release: 2321a4fc37a7 (2026-10-22)

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

- **Total patients (UDS) (FY2024):** 140,411. Reported value. Definition: https://astrelis.co/methodology#health-center
- **Total visits (all service types) (FY2024):** 412,666. Reported value. Definition: https://astrelis.co/methodology#health-center
- **Service sites (FY2024):** 53. Reported value. Definition: https://astrelis.co/methodology#health-center
- **Uninsured patient share (FY2024):** 12.5%. Illustrative estimate. 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

### CareConnect Health, Inc., GA

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

- FY ending 2025-01-31 (audit year 2025): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2025-01-GSAFAC-0000385356
- FY ending 2024-01-31 (audit year 2024): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2024-01-GSAFAC-0000052756
- FY ending 2023-01-31 (audit year 2023): balance sheet foots only; audit as filed https://app.fac.gov/dissemination/summary/2023-01-GSAFAC-0000000071

| Line | FY ending 2025-01-31 | FY ending 2024-01-31 | FY ending 2023-01-31 |
|---|---:|---:|---:|
| cash and investments (current) (Statement of financial position) | 55,860,534 [derived, p.6] | 59,240,483 [derived, p.6] | 47,697,894 [derived, p.6] |
| patient receivables, net (Statement of financial position) | 9,687,628 [derived, p.6] | 9,156,709 [derived, p.6] | 10,911,972 [derived, p.6] |
| grants and other receivables (Statement of financial position) | 683,969 [derived, p.6] | 743,019 [derived, p.6] | 3,840,551 [derived, p.6] |
| other current assets (Statement of financial position) | 38,981 [derived, p.6] | 29,323 [derived, p.6] | 67,498 [derived, p.6] |
| TOTAL CURRENT ASSETS (Statement of financial position) | 66,271,112 [extracted, p.6] | 69,169,534 [extracted, p.6] | 62,517,915 [extracted, p.6] |
| property and equipment, net (Statement of financial position) | 28,365,263 [derived, p.6] | 24,298,959 [derived, p.6] | 19,428,164 [derived, p.6] |
| other long-term assets (Statement of financial position) | 8,064,108 [derived, p.6] | 8,234,395 [derived, p.6] | 8,273,979 [derived, p.6] |
| TOTAL ASSETS (Statement of financial position) | 102,700,483 [extracted, p.6] | 101,702,888 [extracted, p.6] | 90,220,058 [extracted, p.6] |
| payables and accrued expenses (Statement of financial position) | 2,989,742 [derived, p.6] | 2,485,142 [derived, p.6] | 2,522,028 [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) | 1,090,139 [derived, p.6] | 1,083,769 [derived, p.6] | 1,031,626 [derived, p.6] |
| 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) | 4,079,881 [extracted, p.6] | 3,568,911 [extracted, p.6] | 3,553,654 [extracted, p.6] |
| long-term debt and leases (Statement of financial position) | 5,394,302 [derived, p.6] | 6,046,378 [derived, p.6] | 6,506,450 [derived, p.6] |
| other long-term liabilities (Statement of financial position) | 1,333,142 [derived, p.6] | 1,007,386 [derived, p.6] | 781,830 [derived, p.6] |
| TOTAL LIABILITIES (Statement of financial position) | 10,807,325 [extracted, p.6] | 10,622,675 [extracted, p.6] | 10,841,934 [extracted, p.6] |
| net assets without donor restrictions (Statement of financial position) | 91,893,158 [derived, p.6] | 91,080,213 [derived, p.6] | 79,378,124 [derived, p.6] |
| 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) | 91,893,158 [extracted, p.6] | 91,080,213 [extracted, p.6] | 79,378,124 [extracted, p.6] |
| patient service revenue, net (Statement of activities) | 53,859,595 [derived, p.7] | 55,051,574 [derived, p.7] | 48,859,956 [derived, p.7] |
| pharmacy and 340B revenue (Statement of activities) | 5,314,869 [derived, p.7] | 6,978,010 [derived, p.7] | 5,731,858 [derived, p.7] |
| federal grants (Statement of activities) | 8,808,766 [derived, p.7] | 10,473,000 [derived, p.7] | 16,796,533 [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) | 1,975,533 [derived, p.7] | 1,564,478 [derived, p.7] | 1,042,920 [derived, p.7] |
| other revenue (Statement of activities) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| TOTAL REVENUE AND SUPPORT (Statement of activities) | 69,958,763 [extracted, p.7] | 74,067,062 [extracted, p.7] | 72,431,267 [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) | 70,206,861 [extracted, p.7] | 66,375,551 [extracted, p.7] | 56,810,842 [extracted, p.7] |
| OPERATING RESULT (Statement of activities) | -248,098 [extracted, p.7] | 7,691,511 [extracted, p.7] | 15,620,425 [extracted, p.7] |
| non-operating and other changes (Statement of activities) | 1,061,043 [derived, p.7] | 2,030,578 [derived, p.7] | 2,111,424 [derived, p.7] |
| CHANGE IN NET ASSETS (Statement of activities) | 812,945 [extracted, p.7] | 9,722,089 [extracted, p.7] | 17,731,849 [extracted, p.7] |
| net assets, beginning (Statement of activities) | 91,080,213 [extracted, p.7] | 81,358,124 [extracted, p.7] | absent (the total's presence could not be verified) |
| net assets, end (Statement of activities) | 91,893,158 [extracted, p.7] | 91,080,213 [extracted, p.7] | 79,378,124 [extracted, p.7] |

| Ratio | FY ending 2025-01-31 | FY ending 2024-01-31 | FY ending 2023-01-31 |
|---|---:|---:|---:|
| Days cash on hand | absent [not computed] | absent [not computed] | absent [not computed] |
| Current ratio | 16.24x [plausible] | 19.38x [plausible] | 17.59x [plausible] |
| Operating margin | -0.4% [plausible] | 10.4% [plausible] | 21.6% [plausible] |
| Total margin | 1.2% [plausible] | 13.1% [plausible] | 24.5% [plausible] |
| Patient revenue share | 77.0% [plausible] | 74.3% [plausible] | 67.5% [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 | 66 days [plausible] | 61 days [plausible] | 82 days [plausible] |
| Debt to net assets | 0.07x [plausible] | 0.08x [plausible] | 0.09x [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 (CareConnect Health, 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, "Careconnect Health, Inc", https://astrelis.co/providers/health_center/851053, 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.