A home health agency in Westland, MI. It ran an operating loss of 7.9% in FY21 on $0.1M of operating revenue. It held 0 days of cash on hand (4th percentile among home health agencies on liquidity). Operating margin improved from -13.4% in FY20 to -7.9% in FY21.
Days cash on hand · FY21
0d
all sources
▼ 1.5 days vs FY20
vs home health agencies4th pctl of 4,925 (FY23)
Total operating revenue · FY21
$0.1M
▼ 0.1 $M vs FY20
vs home health agencies1st pctl of 6,841 (FY23)
Operating margin · FY21
-7.9%
▲ 5.5 pts vs FY20
vs home health agencies24th pctl of 6,547 (FY23)
Total margin · incl. nonoperating · FY21
-7.9%
▼ 3.0 pts vs FY20
vs home health agencies20th pctl of 6,696 (FY23)
Benchmarked within its own FY23 pool (n=6,547); the home health agency cohort's current year is FY24.
Where MEDLIFE HOMECARE INC 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.
One home health agencyMEDLIFE HOMECAREhome 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
-7.9% (FY21)
Operating income ÷ total operating revenue
HCRIS WS G-3
Total margin
-7.9% (FY21)
Net income ÷ total revenue incl. nonoperating
HCRIS WS G-3
Days cash on hand
0d (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
100% (FY21)
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
FY20
FY21
Patient revenue
143
78
Total operating revenue
143
78
Total operating expenses
162
84
Operating income
(19)
(6)
Operating margin %
-13.3%
-7.7%
Other non-operating, net
11
0
Net income
(8)
(6)
Net income %
-5.2%
-7.7%
2 of 3 years available for this statement.
HCRIS CMS-1728 cost report · $ thousands · FY20–FY23 · 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.
ZIP codes served
3
Proxy2026
CMS HH PUF
Visits / episodes
236
Verified fact2021
CMS HH PUF
Trajectory
Cost-report basis · 4 reporting years
Operating margin
Days cash on hand
The county this home health agency serves
Wayne County, MI · metro, 1M+ population
Median household income
$59.5K
vs $82.1K US · $59.7K rural median
Poverty rate
20.1%
vs 12.5% US · 14.3% rural median
Uninsured
5.7%
vs 8.6% US · 8.4% rural median
Age 65+
16.1%
vs 16.8% US · 20.6% rural median
Fair or poor health
24.3%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 13.5% of county personal income is Medicare/Medicaid medical benefits; 27.6% arrives as government transfers (BEA, 2022).
The Board Briefing$1,000
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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.
