Historical record. CMS lists this CCN as terminated (voluntary - merger/closure). No successor CCN is recorded. The financials below are the historical results reported under this number and are excluded from current peer comparisons and state counts.
Cost-report basis
HCRIS · as filed
Not audited by Astrelis
The read
A home health agency in Redford, MI. It ran an operating surplus of 14.5% in FY22 on $0.3M of operating revenue. It held 4 days of cash on hand (22nd percentile of 5,716 home health agencies on liquidity, FY22 pool). Operating margin improved from -1.1% in FY20 to 14.5% in FY22.
Days cash on hand · FY22
4d
all sources
Astrelis calculation · as-filed inputs
▼ 12 days vs FY21
vs home health agencies22nd pctl of 5,716 (FY22 pool)
pool: this metric's own fiscal year · excludes historical, non-panel, and out-of-range values
Total operating revenue · FY22
$0.3M
Astrelis calculation · as-filed inputs
▼ $0.1M vs FY21
vs home health agencies7th pctl of 6,624 (FY22 pool)
pool: this metric's own fiscal year · excludes historical, non-panel, and out-of-range values
Operating margin · FY22
+14.5%
Astrelis calculation · as-filed inputs
▲ 11.4 pts vs FY21
vs home health agencies78th pctl of 6,608 (FY22 pool)
pool: this metric's own fiscal year · excludes historical, non-panel, and out-of-range values
Total margin · incl. nonoperating · FY22
+14.7%
Astrelis calculation · as-filed inputs
▲ 7.6 pts vs FY21
vs home health agencies75th pctl of 6,596 (FY22 pool)
pool: this metric's own fiscal year · excludes historical, non-panel, and out-of-range values
Where NEW VISION HOMECARE sits among home health agencies
Operating margin · FY22 pool · n = 6,608 of 7,624 filed
Each point is one home health agency in the national FY22 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 FY22 median is +2.8%. Descriptive context only, not a ranking.
One home health agencyNEW VISIONhome 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 computes only when every input is reported in the filing (otherwise its cell states which input is Not reported in source); a year whose balance sheet does not reconcile is labeled, and its derived ratios read Astrelis calculation unavailable. Not audited by Astrelis.
Operating margin
+14.5% (FY22)
Operating income ÷ total operating revenue
Astrelis calculation · HCRIS WS G-3
Total margin
+14.7% (FY22)
Net income ÷ total revenue incl. nonoperating
Astrelis calculation · HCRIS WS G-3
Days cash on hand
4d (FY22)
Cash & investments ÷ daily operating expense
Astrelis calculation · HCRIS WS G / G-3
Current ratio
Not reported in source
Total current assets ÷ current liabilities
Astrelis calculation · HCRIS WS G
Equity financing ratio
27% (FY22)
Total net assets ÷ total assets
Astrelis calculation · HCRIS WS G
Days in net patient A/R
Not reported in source
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
Astrelis calculation · HCRIS WS G / G-3
$ in thousands
Line item
FY20
FY21
FY22
Patient revenue
417
455
325
Total operating revenue
417
455
325
Total operating expenses
421
440
278
Operating income
(4)
14
47
Operating margin %
-1.1%
+3.1%
+14.5%
Other non-operating, net
49
19
1
Net income
45
33
48
Net income %
+9.7%
+7.0%
+14.7%
— = Not reported in source for that year.
HCRIS CMS-1728 cost report · $ thousands · FY20–FY22 · 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 provenance class and public source; descriptive context only, never a ranking or adequacy claim. Provenance labels: Reported value is copied from the named public source; Astrelis calculation is a formula applied to unchanged reported inputs, with the formula shown; Illustrative estimate is a benchmark gap, multiplier, or scenario — never a measurement.
Total visits
1,071
Reported value2022
HCRIS CMS-1728
Total episodes
122
Reported value2022
HCRIS CMS-1728
Visits per episode
8.80
Astrelis calculation2022
Astrelis calculation — total visits ÷ total episodes, both reported above (HCRIS CMS-1728)
Unduplicated patients
69
Reported value2022
HCRIS CMS-1728
Cost per visit ($)
259.29
Reported value2022
HCRIS CMS-1728
Medicare revenue share
73.5%
Reported value2022
HCRIS CMS-1728
Trajectory
Cost-report basis · 3 reporting years
Operating margin
Days cash on hand
The county this home health agency serves
Wayne County, MI
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).
Operating margin vs its peer poolFY22Astrelis calculation
Operating margin vs its peer pool: FY22 pool · n = 6,608.
Report coverage: Historical Facility Benchmark. 10 of 14 facility measures available from public sources. This CCN is terminated. The report benchmarks the record's final filed years against their own contemporaneous peer pools and says so on every exhibit; no current-year comparison is implied. The refund guarantee stands: if we cannot deliver the published scope, you pay nothing.
The Board Briefing
The record's final filed years, benchmarked against the peer pools of their own era and labeled so on every exhibit.
$1,000delivered within 2 business days of invoice
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