Astrelis
Home health agency · Mooresville, IN

CORNERSTONE HOME HEALTHCARE

CCN 157619Morgan CountyPROPRIETARYLatest FY 2024
Cost-report basis
HCRIS · as filed
Not audited by Astrelis
The read

A home health agency in Mooresville, IN. It ran an operating surplus of 18.7% in FY23 on $1.2M of operating revenue. It held 35 days of cash on hand (62nd percentile among home health agencies on liquidity). Operating margin declined from 28.0% in FY20 to 18.7% in FY23. Its within-stay preventable hospitalization runs 11.3%.

Days cash on hand · FY23
35d
all sources
45.2 days vs FY22
vs home health agencies62nd pctl of 4,699 (FY24)
Total operating revenue · FY23
$1.2M
0.6 $M vs FY22
vs home health agencies29th pctl of 6,669 (FY24)
Operating margin · FY23
+18.7%
23.6 pts vs FY22
vs home health agencies83rd pctl of 6,394 (FY24)
Within-stay preventable hospitalization
11.3%
Verified fact2026
Source: CMS Care Compare

Where CORNERSTONE HOME HEALTHCARE 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%CORNERSTONE HOME +18.73%-20%0%+20%home health agency median +4.095%CORNERSTONE HOME +18.73%
One home health agencyCORNERSTONE 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
+18.7% (FY23)
Operating income ÷ total operating revenue
HCRIS WS G-3
Total margin
+19.7% (FY23)
Net income ÷ total revenue incl. nonoperating
HCRIS WS G-3
Days cash on hand
35d (FY23)
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
93% (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 itemFY21FY22FY23
Patient revenue1,4751,7591,176
Total operating revenue1,4751,7591,176
Total operating expenses1,2691,014956
Operating income206745220
Operating margin %+14.0%+42.4%+18.7%
Other non-operating, net407115
Net income613746235
Net income %+32.6%+42.4%+19.7%
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.

Within-stay preventable hospitalization
11.3%
Verified fact2026
CMS Care Compare
Discharge to community
77.1%
Proxy2024
CMS HHVBP
ZIP codes served
1
Proxy2026
CMS HH PUF
Visits / episodes
5,712
Verified fact2023
CMS HH PUF

Trajectory

Cost-report basis · 5 reporting years
Operating margin
+28.0%+14.0%+42.3%+18.7%FY20FY21FY22FY23FY24
Days cash on hand
29 days62 days80 days35 daysFY20FY21FY22FY23FY24

The county this home health agency serves

Morgan County, IN · metro, 1M+ population
Median household income
$79.1K
vs $82.1K US · $59.7K rural median
Poverty rate
8.5%
vs 12.5% US · 14.3% rural median
Uninsured
5.1%
vs 8.6% US · 8.4% rural median
Age 65+
17.7%
vs 16.8% US · 20.6% rural median
Fair or poor health
19.9%
self-reported, adults · CDC PLACES
Primary-care shortage
Not designated
HRSA HPSA
Economic context: 9.4% of county personal income is Medicare/Medicaid medical benefits; 23.0% 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 · 2026-07-27