Astrelis
Home health agency · Southfield, MI

WELLBEING HOME HEALTHCARE

CCN 239196Oakland CountyPROPRIETARYLatest FY 2024
Cost-report basis
HCRIS · as filed
Not audited by Astrelis
The read

A home health agency in Southfield, MI. It ran an operating surplus of 13.3% in FY23 on $0.2M of operating revenue. It held 11 days of cash on hand (33rd percentile among home health agencies on liquidity). Operating margin improved from 12.1% in FY20 to 13.3% in FY23. On care, it carries a 3-star CMS quality rating. Its within-stay preventable hospitalization runs 9.1%. On the filed record it is comfortably profitable with mid-range measured quality. Source-reported context, not a recommendation.

Quality of patient care star
3
Verified fact2026
Source: CMS Care Compare
Days cash on hand · FY23
11d
all sources
0.6 days vs FY22
vs home health agencies33rd pctl of 4,699 (FY24)
Operating margin · FY23
+13.3%
1.7 pts vs FY22
vs home health agencies74th pctl of 6,394 (FY24)
Within-stay preventable hospitalization
9.1%
Verified fact2026
Source: CMS Care Compare

Where WELLBEING 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%WELLBEING HOME +13.3%-20%0%+20%home health agency median +4.095%WELLBEING HOME +13.3%
One home health agencyWELLBEING 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
+13.3% (FY23)
Operating income ÷ total operating revenue
HCRIS WS G-3
Total margin
+13.3% (FY23)
Net income ÷ total revenue incl. nonoperating
HCRIS WS G-3
Days cash on hand
11d (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
63% (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 revenue328238215
Total operating revenue328238215
Total operating expenses300210186
Operating income282829
Operating margin %+8.5%+11.8%+13.5%
Net income282829
Net income %+8.5%+11.8%+13.5%
HCRIS CMS-1728 cost report · $ thousands · FY20–FY24 · 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
3
Verified fact2026
CMS Care Compare
Timely initiation of care
96.5%
Verified fact2026
CMS Care Compare
Improvement in ambulation
72.5%
Verified fact2026
CMS Care Compare
Within-stay preventable hospitalization
9.1%
Verified fact2026
CMS Care Compare
Discharge to community
75.2%
Proxy2024
CMS HHVBP
Rated care 9–10
56.0%
Proxy2026
CMS HHCAHPS
ZIP codes served
6
Proxy2026
CMS HH PUF
Visits / episodes
769
Verified fact2023
CMS HH PUF

Trajectory

Cost-report basis · 5 reporting years
Operating margin
+12.1%+8.6%+11.6%+13.3%FY20FY21FY22FY23FY24
Days cash on hand
6 days3 days11 days11 daysFY20FY21FY22FY23FY24

The county this home health agency serves

Oakland County, MI
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 · 2026-07-23