Astrelis
Home health agency · Canoga Park, CA

CARESS HOME HEALTH PROVIDERS, INC

CCN 059164Los Angeles CountyPROPRIETARYLatest FY 2024
Cost-report basis
HCRIS · as filed
Not audited by Astrelis
Financial anchor year: FY24. Margin and revenue are as filed for FY24. Balance-sheet measures (current ratio, equity financing, days in A/R) use FY23, the latest filing whose balance sheet reconciled as filed. Every tile below states its own fiscal year; nothing is carried forward or estimated.
The read

A home health agency in Canoga Park, CA. It ran an operating surplus of 5.3% in FY24 on $1.7M of operating revenue. Operating margin improved from -3.5% in FY20 to 5.3% in FY24. On care, it carries a 2.5-star CMS quality rating. Its within-stay preventable hospitalization runs 11.3%. 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
Not available
vs home health agencies
Operating margin · FY24
+5.3%
vs home health agencies54th pctl of 6,394 (FY24)
Within-stay preventable hospitalization
11.3%
Verified fact2026
Source: CMS Care Compare

Where CARESS HOME 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%CARESS HOME +5.29%-20%0%+20%home health agency median +4.095%CARESS HOME +5.29%
One home health agencyCARESS HOMEhome 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
+5.3% (FY24)
Operating income ÷ total operating revenue
HCRIS WS G-3
Total margin
+5.9% (FY24)
Net income ÷ total revenue incl. nonoperating
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
50% (FY23)
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 revenue1,9361,7671,739
Total operating revenue1,9361,7671,739
Total operating expenses1,9261,7351,647
Operating income103292
Operating margin %+0.5%+1.8%+5.3%
Other non-operating, net1881911
Net income19851103
Net income %+9.3%+2.9%+5.9%
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
87.2%
Verified fact2026
CMS Care Compare
Improvement in ambulation
84.3%
Verified fact2026
CMS Care Compare
Improvement in dyspnea
93.7%
Verified fact2026
CMS Care Compare
Within-stay preventable hospitalization
11.3%
Verified fact2026
CMS Care Compare
Discharge to community
73.8%
Proxy2024
CMS HHVBP
ZIP codes served
30
Proxy2026
CMS HH PUF
Total visits
6,032
Verified fact2024
HCRIS CMS-1728
Total episodes
482
Verified fact2024
HCRIS CMS-1728
Unduplicated patients
237
Verified fact2024
HCRIS CMS-1728
Cost per visit ($)
273.05
Verified fact2024
HCRIS CMS-1728
Medicare revenue share
98.8%
Verified fact2024
HCRIS CMS-1728

Trajectory

Cost-report basis · 5 reporting years
Operating margin
-3.5%-0.4%+0.5%+1.8%+5.3%FY20FY21FY22FY23FY24
Days cash on hand
36 days7 days4 days6 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