Astrelis
Home health agency · Southfield, MI

DIAMOND HOME HEALTH SERVICES

CCN 237493Oakland CountyPROPRIETARYLatest FY 2025
Cost-report basis
HCRIS · as filed
Not audited by Astrelis
The read

A home health agency in Southfield, MI. It ran an operating loss of 13.5% in FY22 on $0.2M of operating revenue. It held 201 days of cash on hand (91st percentile among home health agencies on liquidity). Operating margin improved from -38.1% in FY21 to -13.5% in FY22. On care, it carries a 4.5-star CMS quality rating. 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
4.5
Verified fact2026
Source: CMS Care Compare
Days cash on hand · FY22
201d
all sources
60.2 days vs FY21
vs home health agencies91st pctl of 4,699 (FY24)
Operating margin · FY22
-13.5%
24.7 pts vs FY21
vs home health agencies16th pctl of 6,394 (FY24)
Total operating revenue · FY22
$0.2M
0.0 $M vs FY21
vs home health agencies2nd pctl of 6,669 (FY24)
This facility's newest settled year, FY25, has not yet reached pool validity: benchmarked against the FY24 pool (n=6,394).

Where DIAMOND HOME HEALTH 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).
-20%-10%0%+10%+20%home health agency median +4.095%DIAMOND HOME -13.48%-20%0%+20%home health agency median +4.095%DIAMOND HOME -13.48%
One home health agencyDIAMOND 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
-13.5% (FY22)
Operating income ÷ total operating revenue
HCRIS WS G-3
Total margin
-13.5% (FY22)
Net income ÷ total revenue incl. nonoperating
HCRIS WS G-3
Days cash on hand
201d (FY22)
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
-79% (FY22)
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 itemFY21FY22
Patient revenue161210
Total operating revenue161210
Total operating expenses222238
Operating income(61)(28)
Operating margin %-37.9%-13.3%
Net income(61)(28)
Net income %-37.9%-13.3%
2 of 3 years available for this statement.
HCRIS CMS-1728 cost report · $ thousands · FY21–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 evidence class and public source; descriptive context only, never a ranking or adequacy claim.

Quality of patient care star
4.5
Verified fact2026
CMS Care Compare
Timely initiation of care
100.0%
Verified fact2026
CMS Care Compare
Improvement in ambulation
94.4%
Verified fact2026
CMS Care Compare
Improvement in dyspnea
100.0%
Verified fact2026
CMS Care Compare
Discharge to community
92.4%
Proxy2024
CMS HHVBP
Rated care 9–10
100.0%
Proxy2026
CMS HHCAHPS
ZIP codes served
28
Proxy2026
CMS HH PUF
Visits / episodes
943
Verified fact2022
CMS HH PUF

Trajectory

Cost-report basis · 5 reporting years
Operating margin
-38.1%-13.5%FY21FY22FY23FY24FY25
Days cash on hand
261 days201 daysFY21FY22FY23FY24FY25

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 · 2026-07-26