Astrelis
Home health agency · Southfield, MI

PARRISH HOME HEALTHCARE

CCN 237474Oakland CountyPROPRIETARYLatest FY 2024
Cost-report basis
HCRIS · as filed
Not audited by Astrelis
Financial anchor year: FY22. Margin and revenue are as filed for FY22. Balance-sheet measures (current ratio, equity financing, days in A/R) use FY21, the latest filing whose balance sheet reconciled as filed. Days cash on hand is FY21, the most recent year that passed the display gate. Every tile below states its own fiscal year; nothing is carried forward or estimated.
The read

A home health agency in Southfield, MI. It ran an operating loss of 24.0% in FY22 on $0.2M of operating revenue. It held 12 days of cash on hand in FY21, its most recent reported liquidity (35th percentile among home health agencies on liquidity). Only a single comparable reporting year is available, so trend context is limited. On care, it carries a 2.5-star CMS quality rating. On the filed record it is running at an operating loss 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 · FY21
12d
all sources
vs home health agencies35th pctl of 4,699 (FY24)
Operating margin · FY22
-24.0%
vs home health agencies10th pctl of 6,394 (FY24)
Total operating revenue · FY22
$0.2M
vs home health agencies1st pctl of 6,669 (FY24)

Where PARRISH 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%PARRISH HOME -23.96%-20%0%+20%home health agency median +4.095%PARRISH HOME -23.96%
One home health agencyPARRISH 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
-24.0% (FY22)
Operating income ÷ total operating revenue
HCRIS WS G-3
Total margin
-24.0% (FY22)
Net income ÷ total revenue incl. nonoperating
HCRIS WS G-3
Days cash on hand
12d (FY21)
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
Not reported in this filing
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 itemFY20FY21FY22
Patient revenue487210177
Total operating revenue487210177
Total operating expenses488198219
Operating income011(42)
Operating margin %0.0%+5.2%-23.7%
Net income011(42)
Net income %0.0%+5.2%-23.7%
HCRIS CMS-1728 cost report · $ thousands · FY20–FY24 · 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
2.5
Verified fact2026
CMS Care Compare
Timely initiation of care
83.8%
Verified fact2026
CMS Care Compare
Improvement in ambulation
78.9%
Verified fact2026
CMS Care Compare
Improvement in dyspnea
71.7%
Verified fact2026
CMS Care Compare
Discharge to community
69.8%
Proxy2024
CMS HHVBP
Rated care 9–10
51.0%
Proxy2026
CMS HHCAHPS
ZIP codes served
49
Proxy2026
CMS HH PUF
Visits / episodes
1,249
Verified fact2022
CMS HH PUF

Trajectory

Cost-report basis · 5 reporting years
Operating margin
-0.1%+5.4%-24.0%FY20FY21FY22FY23FY24
Days cash on hand
2 days12 daysFY20FY21FY22FY23FY24

The county this home health agency serves

Oakland County, MI · metro, 1M+ population
Median household income
$95.3K
vs $82.1K US · $59.7K rural median
Poverty rate
7.7%
vs 12.5% US · 14.3% rural median
Uninsured
3.9%
vs 8.6% US · 8.4% rural median
Age 65+
17.9%
vs 16.8% US · 20.6% rural median
Fair or poor health
13.8%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 4.9% of county personal income is Medicare/Medicaid medical benefits; 12.3% 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