Astrelis
Home health agency · Palm Beach Gardens, FL

PARAMOUNT HOME CARE AGENCY, INC.

CCN 687140Palm Beach County-Latest FY 2024
Cost-report basis
HCRIS · as filed
Not audited by Astrelis
The read

A home health agency in Palm Beach Gardens, FL. It ran an operating surplus of 8.0% in FY24 on $1.3M of operating revenue. It held 30 days of cash on hand (58th percentile among home health agencies on liquidity). Operating margin declined from 13.8% in FY23 to 8.0% in FY24. On care, it carries a 1.5-star CMS quality rating. Its within-stay preventable hospitalization runs 12.7%. On the filed record it is comfortably profitable with lower measured quality. Source-reported context, not a recommendation.

Quality of patient care star
1.5
Verified fact2026
Source: CMS Care Compare
Days cash on hand · FY24
30d
all sources
8.3 days vs FY23
vs home health agencies58th pctl of 4,699 (FY24)
Operating margin · FY24
+8.0%
5.8 pts vs FY23
vs home health agencies61st pctl of 6,394 (FY24)
Within-stay preventable hospitalization
12.7%
Verified fact2026
Source: CMS Care Compare

Where PARAMOUNT HOME CARE 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%PARAMOUNT HOME +7.95%-20%0%+20%home health agency median +4.095%PARAMOUNT HOME +7.95%
One home health agencyPARAMOUNT 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% (FY24)
Operating income ÷ total operating revenue
HCRIS WS G-3
Total margin
+8.0% (FY24)
Net income ÷ total revenue incl. nonoperating
HCRIS WS G-3
Days cash on hand
30d (FY24)
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
41% (FY24)
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 itemFY23FY24
Patient revenue9411,325
Total operating revenue9411,325
Total operating expenses8121,220
Operating income130105
Operating margin %+13.8%+7.9%
Net income130105
Net income %+13.8%+7.9%
2 of 3 years available for this statement.
HCRIS CMS-1728 cost report · $ thousands · FY21–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
1.5
Verified fact2026
CMS Care Compare
Timely initiation of care
97.5%
Verified fact2026
CMS Care Compare
Improvement in ambulation
65.1%
Verified fact2026
CMS Care Compare
Improvement in dyspnea
58.6%
Verified fact2026
CMS Care Compare
Within-stay preventable hospitalization
12.7%
Verified fact2026
CMS Care Compare
Discharge to community
47.6%
Proxy2024
CMS HHVBP
ZIP codes served
9
Proxy2026
CMS HH PUF
Total visits
17,608
Verified fact2024
HCRIS CMS-1728
Total episodes
511
Verified fact2024
HCRIS CMS-1728
Unduplicated patients
157
Verified fact2024
HCRIS CMS-1728
Cost per visit ($)
69.26
Verified fact2024
HCRIS CMS-1728
Medicare revenue share
83.2%
Verified fact2024
HCRIS CMS-1728

Trajectory

Cost-report basis · 4 reporting years
Operating margin
+13.8%+8.0%FY21FY22FY23FY24
Days cash on hand
38 days30 daysFY21FY22FY23FY24

The county this home health agency serves

Palm Beach County, FL · metro, 1M+ population
Median household income
$81.1K
vs $82.1K US · $59.7K rural median
Poverty rate
11.1%
vs 12.5% US · 14.3% rural median
Uninsured
13.2%
vs 8.6% US · 8.4% rural median
Age 65+
24.6%
vs 16.8% US · 20.6% rural median
Fair or poor health
19.4%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 4.7% of county personal income is Medicare/Medicaid medical benefits; 11.3% 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 · 2026-07-25