Astrelis
Home health agency · Sault Sainte Marie, MI

CHIPPEWA COUNTY HEALTH DEPT

CCN 237018Chippewa CountyLatest FY 2024
Historical record. CMS lists this CCN as terminated (voluntary - merger/closure). No successor CCN is recorded. The financials below are the historical results reported under this number and are excluded from current peer comparisons and state counts.
Cost-report basis
HCRIS · as filed
Not audited by Astrelis

Days cash on hand: 97 days in FY2024. Total operating revenue: $4.2M in FY2024. Operating margin: -2.3% in FY2024. Total margin (including nonoperating): +1.3% in FY2024. Figures as filed; not audited by Astrelis.

The read

A home health agency in Sault Sainte Marie, MI. It ran an operating loss of 2.3% in FY24 on $4.2M of operating revenue. It held 97 days of cash on hand. Operating margin improved from -19.8% in FY20 to -2.3% in FY24. Including nonoperating items, the all-in result was positive at 1.3%.

Days cash on hand · FY24
97d
all sources
Astrelis calculation · as-filed inputs
▼ 26 days vs FY23
not ranked: no valid same-year pool for this metric (needs n ≥ 25 and ≥ 50% of the cohort's filers at FY24)
Total operating revenue · FY24
$4.2M
Astrelis calculation · as-filed inputs
▼ $1.4M vs FY23
not ranked: no valid same-year pool for this metric (needs n ≥ 25 and ≥ 50% of the cohort's filers at FY24)
Operating margin · FY24
-2.3%
Astrelis calculation · as-filed inputs
▲ 16.0 pts vs FY23
not ranked: no valid same-year pool for this metric (needs n ≥ 25 and ≥ 50% of the cohort's filers at FY24)
Total margin · incl. nonoperating · FY24
+1.3%
Astrelis calculation · as-filed inputs
▲ 15.3 pts vs FY23
not ranked: no valid same-year pool for this metric (needs n ≥ 25 and ≥ 50% of the cohort's filers at FY24)

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 computes only when every input is reported in the filing (otherwise its cell states which input is Not reported in source); a year whose balance sheet does not reconcile is labeled, and its derived ratios read Astrelis calculation unavailable. Not audited by Astrelis.

Operating margin
-2.3% (FY24)
Operating income ÷ total operating revenue
Astrelis calculation · HCRIS WS G-3
Total margin
+1.3% (FY24)
Net income ÷ total revenue incl. nonoperating
Astrelis calculation · HCRIS WS G-3
Days cash on hand
97d (FY24)
Cash & investments ÷ daily operating expense
Astrelis calculation · HCRIS WS G / G-3
Current ratio
Not reported in source
Total current assets ÷ current liabilities
Astrelis calculation · HCRIS WS G
Equity financing ratio
69% (FY24)
Total net assets ÷ total assets
Astrelis calculation · HCRIS WS G
Days in net patient A/R
Not reported in source
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
Astrelis calculation · HCRIS WS G / G-3
$ in thousands
Line itemFY22FY23FY24 · 273 days
Patient revenue4,5685,5734,181
Total operating revenue4,5685,5734,181
Total operating expenses5,6816,5944,279
Operating income(1,113)(1,021)(98)
Operating margin %-24.4%-18.3%-2.3%
Other non-operating, net742210154
Net income(370)(811)56
Net income %-7.0%-14.0%+1.3%
— = Not reported in source for that year.
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 provenance class and public source; descriptive context only, never a ranking or adequacy claim. Provenance labels: Reported value is copied from the named public source; Astrelis calculation is a formula applied to unchanged reported inputs, with the formula shown; Illustrative estimate is a benchmark gap, multiplier, or scenario — never a measurement.

Total visits
1,919
Reported value2024
HCRIS CMS-1728
Total episodes
94
Reported value2024
HCRIS CMS-1728
Visits per episode
20.40
Astrelis calculation2024
Astrelis calculation — total visits ÷ total episodes, both reported above (HCRIS CMS-1728)
Unduplicated patients
153
Reported value2024
HCRIS CMS-1728
Cost per visit ($)
2,230
Reported value2024
HCRIS CMS-1728
Medicare revenue share
3.0%
Reported value2024
HCRIS CMS-1728

Trajectory

Cost-report basis · 5 reporting years
Operating margin
-19.8%+5.4%-24.4%-18.3%-2.3%FY20FY21FY22FY23FY24
Days cash on hand
162 days168 days167 days123 days97 daysFY20FY21FY22FY23FY24

The county this home health agency serves

Chippewa County, MI
Median household income
$60.6K
vs $82.1K US · $59.7K rural median
Poverty rate
15.6%
vs 12.5% US · 14.3% rural median
Uninsured
6.6%
vs 8.6% US · 8.4% rural median
Age 65+
19.1%
vs 16.8% US · 20.6% rural median
Fair or poor health
20.8%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 13.5% of county personal income is Medicare/Medicaid medical benefits; 30.7% arrives as government transfers (BEA, 2022).
Operating margin (as filed)FY24Astrelis calculation

-2.3% operating margin in FY24.

The Board Briefing

Operating margin improved 16.0 points vs FY23 — the briefing traces why, line by line.

Reserve The Board Briefing →
Report coverage: Historical Facility Benchmark. 10 of 14 facility measures available from public sources. This CCN is terminated. The report benchmarks the record's final filed years against their own contemporaneous peer pools and says so on every exhibit; no current-year comparison is implied. The refund guarantee stands: if we cannot deliver the published scope, you pay nothing.

Home Health Performance Benchmark

Utilization-pattern and cost benchmarks against matched peers. Directional screens; public data cannot fully control for acuity.

$2,500Founding Edition · built to order, first edition · invoice after coverage confirmation · within 30 days
Reservation: invoice after coverage confirmation. No payment is collected on this site. Full refund if the published scope cannot be delivered.

Portfolio Performance Review

A roster-priced triage of the per-facility benchmarks: every facility on your roster, benchmarked and sorted. Requires only a CCN roster.

From $7,500Founding Edition · built to order, first edition · priced by roster size · invoice after coverage confirmation · within 30 days
Request: scoped and quoted before any invoice. No payment is collected on this site.

Cite this page

release 2321a4fc37a7 · 2026-10-22

Astrelis Atlas, "Chippewa County Health Dept", https://astrelis.co/providers/home_health/237018, release 2321a4fc37a7 (2026-10-22). Figures as filed in the named public sources; not audited by Astrelis.

Machine-readable twin of this page: astrelis.co/providers/home_health/237018.md (Markdown, the same figures with their fiscal years, pools and definitions). Last modified: release 2321a4fc37a7, 2026-10-22. 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.

build 2321a4fc37a7 · 2026-10-22 · dev