A home health agency in Muskegon, MI. It ran an operating surplus of 5.0% in FY25 on $8.6M of operating revenue. Operating margin declined from 5.9% in FY21 to 5.0% in FY25. On care, it carries a 4-star CMS quality rating and 4-star patient experience. Its within-stay preventable hospitalization runs 8.6%. On the filed record it is comfortably profitable with strong measured quality. Source-reported context, not a recommendation.
Quality of patient care star
4★
Verified fact2026
Source: CMS Care Compare
HHCAHPS patient-survey star
4★
Verified fact2026
Source: CMS HHCAHPS
Operating margin · FY25
+5.0%
▼ 2.8 pts vs FY24
vs home health agencies53rd pctl of 6,394 (FY24)
Within-stay preventable hospitalization
8.6%
Verified fact2026
Source: CMS Care Compare
This facility's newest settled year, FY25, has not yet reached pool validity: benchmarked against the FY24 pool (n=6,394).
Where TRINITY HEALTH AT 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.
This facility's newest settled year, FY25, has not yet reached pool validity: benchmarked against the FY24 pool (n=6,394).
One home health agencyTRINITY HEALTHhome 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
+5.0% (FY25)
Operating income ÷ total operating revenue
HCRIS WS G-3
Total margin
+5.1% (FY25)
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
93% (FY25)
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 item
FY23
FY24
FY25
Patient revenue
9,293
8,394
8,643
Total operating revenue
9,293
8,394
8,643
Total operating expenses
7,907
7,743
8,215
Operating income
1,386
652
428
Operating margin %
+14.9%
+7.8%
+5.0%
Other non-operating, net
18
18
17
Net income
1,404
670
445
Net income %
+15.1%
+8.0%
+5.1%
HCRIS CMS-1728 cost report · $ thousands · FY21–FY25 · operating revenue reflects net patient service revenue · FY20–21 may include COVID-era relief funding
A condensed balance sheet is not shown for this home health agency: the public cost report does not carry substantive balance-sheet detail (assets, liabilities, and net assets that reconcile) for this provider. The income statement and ratio exhibit above are the reliable financial view here. We lead with those rather than render a hollow table.
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
4★
Verified fact2026
CMS Care Compare
HHCAHPS patient-survey star
4★
Verified fact2026
CMS HHCAHPS
Timely initiation of care
98.8%
Verified fact2026
CMS Care Compare
Improvement in ambulation
91.0%
Verified fact2026
CMS Care Compare
Improvement in dyspnea
93.5%
Verified fact2026
CMS Care Compare
Within-stay preventable hospitalization
8.6%
Verified fact2026
CMS Care Compare
Discharge to community
79.5%
Proxy2024
CMS HHVBP
Rated care 9–10
86.0%
Proxy2026
CMS HHCAHPS
ZIP codes served
30
Proxy2026
CMS HH PUF
Total visits
43,833
Verified fact2025
HCRIS CMS-1728
Total episodes
1,108
Verified fact2025
HCRIS CMS-1728
Unduplicated patients
3,002
Verified fact2025
HCRIS CMS-1728
Cost per visit ($)
187.42
Verified fact2025
HCRIS CMS-1728
Medicare revenue share
25.8%
Verified fact2025
HCRIS CMS-1728
Trajectory
Cost-report basis · 5 reporting years
Operating margin
Days cash on hand
The county this home health agency serves
Muskegon County, MI · metro, under 250K
Median household income
$63.5K
vs $82.1K US · $59.7K rural median
Poverty rate
12.6%
vs 12.5% US · 14.3% rural median
Uninsured
4.8%
vs 8.6% US · 8.4% rural median
Age 65+
18.0%
vs 16.8% US · 20.6% rural median
Fair or poor health
21.4%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 12.4% of county personal income is Medicare/Medicaid medical benefits; 28.9% arrives as government transfers (BEA, 2022).
Opportunity screen · FY24
≈ $2.3M
of annual opportunity identified against peer medians across 2 measures
Directional, conservative band. Arithmetic against matched-peer medians from public filings, not a projection; public data cannot fully control for patient acuity.
FY24 has not yet reached pool validity: benchmarked against the FY23 pool (n=5,836).
The free profile shows the record. The Board Briefing tells you what changed, what matters, and what your board should ask. 35+ pages, built entirely from public sources, no client data required. Delivered within 2 business days. If we cannot deliver the published scope for your facility, you pay nothing.
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.
