Quality of patient care star (1–5): 4 stars in FY2026. HHCAHPS patient-survey star (1–5): 4 stars in FY2026. Operating margin: -25.3% in FY2025. Within-stay preventable hospitalization: 6.4% in FY2026. Days cash on hand: 29 days in FY2025. Total operating revenue: $4.4M in FY2025. Total margin (including nonoperating): -7.9% in FY2025. Figures as filed; not audited by Astrelis.
The read
A home health agency in Lansing, MI. It ran an operating loss of 25.3% in FY25 on $4.4M of operating revenue. It held 29 days of cash on hand. 6 reporting years are on file, but revenue scale shifts too much between them for a comparable trend, so trend context is limited. On care, it carries a 4-star CMS quality rating and 4-star patient experience. Its within-stay preventable hospitalization rate is 6.4%. On the filed record it is running at an operating loss with strong measured quality. Source-reported context, not a recommendation.
Quality of patient care star (1–5)
4★
Reported value2026
Source: CMS Care Compare
HHCAHPS patient-survey star (1–5)
4★
Reported value2026
Source: CMS HHCAHPS
Operating margin · FY25
-25.3%
Astrelis calculation · as-filed inputs
▲ 3.2 pts vs FY24
not ranked: no valid same-year pool for this metric (needs n ≥ 25 and ≥ 50% of the cohort's filers at FY25)
Within-stay preventable hospitalization
6.4%
Reported value2026
Source: CMS Care Compare
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
-25.3% (FY25)
Operating income ÷ total operating revenue
Astrelis calculation · HCRIS WS G-3
Total margin
-7.9% (FY25)
Net income ÷ total revenue incl. nonoperating
Astrelis calculation · HCRIS WS G-3
Days cash on hand
29d (FY25)
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
19% (FY25)
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 item
FY23
FY24
FY25 · 181 days
Patient revenue
6,443
7,811
4,405
Total operating revenue
6,443
7,811
4,405
Total operating expenses
9,668
10,038
5,519
Operating income
(3,225)
(2,226)
(1,114)
Operating margin %
-50.1%
-28.5%
-25.3%
Other non-operating, net
1,221
947
712
Net income
(2,004)
(1,279)
(402)
Net income %
-26.2%
-14.6%
-7.9%
— = Not reported in source for that year.
HCRIS CMS-1728 cost report · $ thousands · FY20–FY25 · 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.
Quality of patient care star (1–5)
4★
Reported value2026
CMS Care Compare
HHCAHPS patient-survey star (1–5)
4★
Reported value2026
CMS HHCAHPS
Timely initiation of care
98.1%
Reported value2026
CMS Care Compare
Improvement in ambulation
89.1%
Reported value2026
CMS Care Compare
Improvement in dyspnea
91.2%
Reported value2026
CMS Care Compare
Within-stay preventable hospitalization
6.4%
Reported value2026
CMS Care Compare
Discharge to community
81.9%
Reported value2024
CMS HHVBP
Rated care 9–10 (% of patients)
89.0%
Reported value2026
CMS HHCAHPS
ZIP codes served
59
Reported value2026
CMS HH PUF
Total visits
23,736
Reported value2025
HCRIS CMS-1728
Total episodes
484
Reported value2025
HCRIS CMS-1728
Visits per episode
49
Astrelis calculation2025
Astrelis calculation — total visits ÷ total episodes, both reported above (HCRIS CMS-1728)
Unduplicated patients
1,434
Reported value2025
HCRIS CMS-1728
Cost per visit ($)
232.50
Reported value2025
HCRIS CMS-1728
Medicare revenue share
24.8%
Reported value2025
HCRIS CMS-1728
Trajectory
Cost-report basis · 6 reporting years
Operating margin
Days cash on hand
The county this home health agency serves
Ingham County, MI
Median household income
$64.4K
vs $82.1K US · $59.7K rural median
Poverty rate
16.4%
vs 12.5% US · 14.3% rural median
Uninsured
4.9%
vs 8.6% US · 8.4% rural median
Age 65+
14.6%
vs 16.8% US · 20.6% rural median
Fair or poor health
17.7%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 9.5% of county personal income is Medicare/Medicaid medical benefits; 22.1% arrives as government transfers (BEA, 2022).
A facility-specific dollar comparison cannot be calculated because a valid same-year peer pool was not reported. The report still includes all available facility measures, peer benchmarks, and a source-coverage inventory.
Report coverage: Standard Facility Benchmark. 14 of 14 facility measures available from public sources. Every declared facility measure is available for this record, benchmarked against its same-year peer pools. The refund guarantee stands: if we cannot deliver the published scope, you pay nothing.
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Astrelis Atlas, "Sparrow Home Care", https://astrelis.co/providers/home_health/237164, 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/237164.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.
