Astrelis
health center · NC

TRIAD ADULT AND PEDIATRIC MEDICINE, INC.

CCN 861882Latest FY 2024
Cost-report basis
HCRIS · as filed
Not audited by Astrelis
The read

A health center in NC. It ran an operating loss of 42.4% in FY23 on $9.2M of operating revenue. Only a single comparable reporting year is available, so trend context is limited. Including nonoperating items, the all-in result was positive at 10.9%.

Total patients (UDS)
13,927
Verified fact2024
Source: HRSA UDS
Uninsured patient share
7.8%
Proxy2024
Source: HRSA UDS
Operating margin · FY23
-42.4%
vs health centers
Total visits
41,442
Verified fact2024
Source: HRSA UDS

Where TRIAD ADULT AND sits among health centers

Operating margin · FY23 pool · n = 1,112 of 4,110 filed

Each point is one health center in the national distribution for this provider type, placed by operating margin. Facilities are not matched on size, case mix, or market — that is the matched-peer comparison in the paid benchmark. The health center median is -36.6%. Descriptive context only, not a ranking.

-20%-10%0%+10%+20%health center median -36.625%TRIAD ADULT -42.41%-20%0%+20%health center median -36.625%TRIAD ADULT -42.41%
One health centerTRIAD ADULThealth center median

The organization behind this center

HRSA UDS 2024 · awardee level · whole organization

This site belongs to Triad Adult And Pediatric Medicine, Inc. (grant H80CS26514), which operates 3 FQHC sites. UDS reports at the organization level: the figures below describe the whole organization and are repeated on each of its site pages, never summed per site.

Patients
13,927
unduplicated, organization-wide · UDS Table 4
Medical visits
33,283
organization-wide clinic visits
Medical staffing
38.9FTE
5.3 physician · 9.5 NP · 1.7 PA
Cost per patient
$908
total accrued cost ÷ patients · UDS Table 8A
Payer mix (share of patients)
Medicaid 78.8% · Medicare 2.8% · Uninsured 7.8% · Private 10.5% · Other public 0.0%

Appendix: the Medicare cost-report view

$ thousands · HCRIS cost-report basis · as filed, QA-gated

Read this first: this is a partial, Medicare-centric view. Health centers are grant-funded: HRSA Section 330 grants, Medicaid, and sliding-fee revenue dominate their finance and are not on this cost report, which carries only an income statement. A thin or negative cost-report margin here is not whole-organization distress; the organization-level picture is the UDS section above.

Ratios tell you how this health center is doing. Statements tell you what kind of organization it is, and where the money comes from. Every figure below traces to a public cost-report filing, shown as filed. A ratio renders only when every input is reported in the filing; a year missing its core lines is not shown; a year whose balance sheet does not reconcile is labeled. Not audited by Astrelis.

Operating margin
-42.4% (FY23)
Operating income ÷ total operating revenue · Medicare cost-report scope, not the organization's full financials
HCRIS WS G-3
Total margin
+10.9% (FY23)
Net income ÷ total revenue incl. nonoperating · Medicare cost-report scope, not the organization's full financials
HCRIS WS G-3
Days cash on hand
Not reported in this filing
Cash & investments ÷ daily operating expense
HCRIS WS G / G-3
Current ratio
Not reported in this filing
Total current assets ÷ current liabilities
HCRIS WS G
Equity financing ratio
Not reported in this filing
Total net assets ÷ total assets
HCRIS WS G
Days in net patient A/R
Not reported in this filing
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
HCRIS WS G / G-3
$ in thousands
Line itemFY22FY23
Patient revenue1,0899,150
Total operating revenue1,0899,150
Total operating expenses1,80213,030
Operating income(712)(3,880)
Operating margin %-65.4%-42.4%
Other non-operating, net7535,482
Net income411,602
Net income %+2.2%+10.9%
2 of 3 years available for this statement.
HCRIS CMS-224 cost report · $ thousands · FY22–FY24 · Medicare cost-report scope, not the organization’s full financials
A condensed balance sheet is not shown for this health center: the public cost report does not carry substantive balance-sheet detail (assets, liabilities, and net assets that reconcile) for this provider. The income statement and ratio exhibit above are the reliable financial view here. We lead with those rather than render a hollow table.

How it operates

quality & operational context · CMS public reporting

The metrics this health center type is judged on: care quality, patient experience, and scale. Each is labeled by evidence class and public source; descriptive context only, never a ranking or adequacy claim.

Total patients (UDS)
13,927
Verified fact2024
HRSA UDS
Uninsured patient share
7.8%
Proxy2024
HRSA UDS
Medicaid patient share
78.9%
Proxy2024
HRSA UDS
Medical visits
33,013
Verified fact2024
HRSA UDS
Behavioral health visits
7,896
Verified fact2024
HRSA UDS
Total staff FTE
108.55
Verified fact2024
HRSA UDS
Service sites
6
Verified fact2024
HRSA UDS
Revenue per patient
$179
Proxy2024
HRSA UDS
Total visits
41,442
Verified fact2024
HRSA UDS

Trajectory

Cost-report basis · 3 reporting years
Operating margin
-65.4%-42.4%FY22FY23FY24
Days cash on hand
Not available

The county this health center serves

Location, NC · metro, 250K–1M
Median household income
$66.0K
vs $82.1K US · $59.7K rural median
Poverty rate
15.2%
vs 12.5% US · 14.3% rural median
Uninsured
9.0%
vs 8.6% US · 8.4% rural median
Age 65+
15.6%
vs 16.8% US · 20.6% rural median
Fair or poor health
18.3%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 7.7% of county personal income is Medicare/Medicaid medical benefits; 20.1% arrives as government transfers (BEA, 2022).
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