Astrelis
Home health agency · Cerritos, CA

RAE STAR HEALTH SYSTEMS, INC

CCN 059019Los Angeles CountyPROPRIETARYLatest FY 2024
Cost-report basis
HCRIS · as filed
Not audited by Astrelis
The read

A home health agency in Cerritos, CA. It ran an operating surplus of 8.4% in FY24 on $1.2M of operating revenue. It held 172 days of cash on hand (90th percentile among home health agencies on liquidity). Operating margin declined from 13.5% in FY20 to 8.4% in FY24. On care, it carries a 2.5-star CMS quality rating. Its within-stay preventable hospitalization runs 11.2%. On the filed record it is comfortably profitable with lower measured quality. Source-reported context, not a recommendation.

Quality of patient care star
2.5
Verified fact2026
Source: CMS Care Compare
Days cash on hand · FY24
172d
all sources
26.1 days vs FY23
vs home health agencies90th pctl of 4,699 (FY24)
Operating margin · FY24
+8.4%
3.0 pts vs FY23
vs home health agencies62nd pctl of 6,394 (FY24)
Within-stay preventable hospitalization
11.2%
Verified fact2026
Source: CMS Care Compare

Where RAE STAR HEALTH sits among home health agencies

Operating margin · FY24 pool · n = 6,394 of 8,555 filed

Each point is one home health agency 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 home health agency median is +4.1%. Descriptive context only, not a ranking.

-20%-10%0%+10%+20%home health agency median +4.095%RAE STAR +8.39%-20%0%+20%home health agency median +4.095%RAE STAR +8.39%
One home health agencyRAE STARhome health agency median

The money

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

Ratios tell you how this home health agency 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
+8.4% (FY24)
Operating income ÷ total operating revenue
HCRIS WS G-3
Total margin
+9.5% (FY24)
Net income ÷ total revenue incl. nonoperating
HCRIS WS G-3
Days cash on hand
172d (FY24)
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
72% (FY24)
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 itemFY22FY23FY24
Patient revenue1,1801,2661,181
Total operating revenue1,1801,2661,181
Total operating expenses1,0521,1211,082
Operating income12814499
Operating margin %+10.8%+11.4%+8.4%
Other non-operating, net21115
Net income130155114
Net income %+11.0%+12.1%+9.5%
HCRIS CMS-1728 cost report · $ thousands · FY20–FY24 · operating revenue reflects net patient service revenue · FY20–21 may include COVID-era relief funding

How it operates

quality & operational context · CMS public reporting

The metrics this home health agency 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.

Quality of patient care star
2.5
Verified fact2026
CMS Care Compare
Timely initiation of care
98.3%
Verified fact2026
CMS Care Compare
Improvement in ambulation
68.2%
Verified fact2026
CMS Care Compare
Improvement in dyspnea
97.2%
Verified fact2026
CMS Care Compare
Within-stay preventable hospitalization
11.2%
Verified fact2026
CMS Care Compare
Discharge to community
61.7%
Proxy2024
CMS HHVBP
Rated care 9–10
94.0%
Proxy2026
CMS HHCAHPS
ZIP codes served
50
Proxy2026
CMS HH PUF
Total visits
3,495
Verified fact2024
HCRIS CMS-1728
Total episodes
507
Verified fact2024
HCRIS CMS-1728
Unduplicated patients
113
Verified fact2024
HCRIS CMS-1728
Cost per visit ($)
309.56
Verified fact2024
HCRIS CMS-1728
Medicare revenue share
100.0%
Verified fact2024
HCRIS CMS-1728

Trajectory

Cost-report basis · 5 reporting years
Operating margin
+13.5%+17.8%+10.8%+11.4%+8.4%FY20FY21FY22FY23FY24
Days cash on hand
124 days204 days185 days198 days172 daysFY20FY21FY22FY23FY24

The county this home health agency serves

Los Angeles County, CA · metro, 1M+ population
Median household income
$87.8K
vs $82.1K US · $59.7K rural median
Poverty rate
13.6%
vs 12.5% US · 14.3% rural median
Uninsured
8.7%
vs 8.6% US · 8.4% rural median
Age 65+
14.7%
vs 16.8% US · 20.6% rural median
Fair or poor health
23.6%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 10.3% of county personal income is Medicare/Medicaid medical benefits; 19.2% arrives as government transfers (BEA, 2022).

Home Health Performance Benchmark$2,500Founding Edition

Where this facility is underperforming its matched peer cohort and what that gap is worth, measure by measure. Founding Edition: delivered within 30 days of eligibility confirmation, full refund if the published scope cannot be delivered.

build aa21187 · 2026-07-26