Astrelis
Home health agency · Bingham Farms, MI

SUNSHINE HOME CARE OF MICHIGAN, INC

CCN 237714Oakland CountyPROPRIETARYLatest FY 2023
Cost-report basis
HCRIS · as filed
Not audited by Astrelis
The read

A home health agency in Bingham Farms, MI. It ran an operating surplus of 8.0% in FY23 on $0.4M of operating revenue. It held 4 days of cash on hand (17th 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-star CMS quality rating. Its within-stay preventable hospitalization runs 8.5%. On the filed record it is comfortably profitable with lower measured quality. Source-reported context, not a recommendation.

Quality of patient care star
2
Verified fact2026
Source: CMS Care Compare
Days cash on hand · FY23
4d
all sources
vs home health agencies17th pctl of 4,925 (FY23)
Operating margin · FY23
+8.0%
vs home health agencies61st pctl of 6,547 (FY23)
Within-stay preventable hospitalization
8.5%
Verified fact2026
Source: CMS Care Compare
Benchmarked within its own FY23 pool (n=6,547); the home health agency cohort's current year is FY24.

Where SUNSHINE HOME CARE sits among home health agencies

Operating margin · FY23 pool · n = 6,547 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 +3.9%. Descriptive context only, not a ranking.

Benchmarked within its own FY23 pool (n=6,547); the home health agency cohort's current year is FY24.
-20%-10%0%+10%+20%home health agency median +3.88%SUNSHINE HOME +8.02%-20%0%+20%home health agency median +3.88%SUNSHINE HOME +8.02%
One home health agencySUNSHINE 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
+8.0% (FY23)
Operating income ÷ total operating revenue
HCRIS WS G-3
Total margin
+8.0% (FY23)
Net income ÷ total revenue incl. nonoperating
HCRIS WS G-3
Days cash on hand
4d (FY23)
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
100% (FY23)
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 itemFY21FY22FY23
Patient revenue997151362
Total operating revenue997151362
Total operating expenses1,145142333
Operating income(147)929
Operating margin %-14.7%+6.0%+8.0%
Net income(147)929
Net income %-14.7%+6.0%+8.0%
HCRIS CMS-1728 cost report · $ thousands · FY20–FY23 · 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
2
Verified fact2026
CMS Care Compare
Timely initiation of care
77.7%
Verified fact2026
CMS Care Compare
Improvement in ambulation
77.0%
Verified fact2026
CMS Care Compare
Improvement in dyspnea
64.9%
Verified fact2026
CMS Care Compare
Within-stay preventable hospitalization
8.5%
Verified fact2026
CMS Care Compare
Discharge to community
91.9%
Proxy2024
CMS HHVBP
ZIP codes served
40
Proxy2026
CMS HH PUF
Total visits
1,668
Verified fact2023
HCRIS CMS-1728
Total episodes
234
Verified fact2023
HCRIS CMS-1728
Unduplicated patients
77
Verified fact2023
HCRIS CMS-1728
Cost per visit ($)
199.74
Verified fact2023
HCRIS CMS-1728
Medicare revenue share
100.0%
Verified fact2023
HCRIS CMS-1728

Trajectory

Cost-report basis · 4 reporting years
Operating margin
-24.4%-14.8%+5.9%+8.0%FY20FY21FY22FY23
Days cash on hand
17 days11 days25 days4 daysFY20FY21FY22FY23

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