Astrelis
Home health agency · Everett, WA

ALPHA HOME HEALTH, KING COUNTY

CCN 507125Snohomish CountyPROPRIETARYLatest FY 2024
Cost-report basis
HCRIS · as filed
Not audited by Astrelis
The read

A home health agency in Everett, WA. It ran an operating loss of 7.1% in FY23 on $9.1M of operating revenue. It held 1 day of cash on hand (6th percentile among home health agencies on liquidity). Operating margin declined from 4.4% in FY20 to -7.1% in FY23, though it rose 26.0 points in the most recent year. On care, it carries a 3.5-star CMS quality rating. On the filed record it is running at an operating loss with mid-range measured quality. Source-reported context, not a recommendation.

Quality of patient care star
3.5
Verified fact2026
Source: CMS Care Compare
Days cash on hand · FY23
1d
all sources
vs home health agencies6th pctl of 4,699 (FY24)
Operating margin · FY23
-7.1%
vs home health agencies23rd pctl of 6,394 (FY24)
Total operating revenue · FY23
$9.1M
vs home health agencies88th pctl of 6,669 (FY24)

Where ALPHA 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.

-20%-10%0%+10%+20%home health agency median +4.095%ALPHA HOME -7.07%-20%0%+20%home health agency median +4.095%ALPHA HOME -7.07%
One home health agencyALPHA 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
-7.1% (FY23)
Operating income ÷ total operating revenue
HCRIS WS G-3
Total margin
-6.8% (FY23)
Net income ÷ total revenue incl. nonoperating
HCRIS WS G-3
Days cash on hand
1d (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
19% (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 revenue7,3088,3609,145
Total operating revenue7,3088,3609,145
Total operating expenses7,78411,1279,792
Operating income(476)(2,767)(646)
Operating margin %-6.5%-33.1%-7.1%
Other non-operating, net0918
Net income(476)(2,758)(628)
Net income %-6.5%-33.0%-6.9%
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
3.5
Verified fact2026
CMS Care Compare
Timely initiation of care
100.0%
Verified fact2026
CMS Care Compare
Improvement in ambulation
85.1%
Verified fact2026
CMS Care Compare
Improvement in dyspnea
96.2%
Verified fact2026
CMS Care Compare
Rated care 9–10
56.0%
Proxy2026
CMS HHCAHPS
ZIP codes served
19
Proxy2026
CMS HH PUF
Visits / episodes
42,356
Verified fact2023
CMS HH PUF

Trajectory

Cost-report basis · 5 reporting years
Operating margin
+4.4%-6.5%-33.1%-7.1%FY20FY21FY22FY23FY24
Days cash on hand
69 days13 days16 days1 dayFY20FY21FY22FY23FY24

The county this home health agency serves

Snohomish County, WA · metro, 1M+ population
Median household income
$108.0K
vs $82.1K US · $59.7K rural median
Poverty rate
7.9%
vs 12.5% US · 14.3% rural median
Uninsured
6.1%
vs 8.6% US · 8.4% rural median
Age 65+
14.4%
vs 16.8% US · 20.6% rural median
Fair or poor health
14.9%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 5.1% of county personal income is Medicare/Medicaid medical benefits; 13.2% 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