Astrelis
Home health agency · Houston, TX

PLATINUM HOME CARE INC

CCN 747198Harris CountyPROPRIETARYLatest FY 2023
Cost-report basis
HCRIS · as filed
Not audited by Astrelis
Financial anchor year: FY21. Margin and revenue are as filed for FY21. Balance-sheet measures (current ratio, equity financing, days in A/R) use FY22, the latest filing whose balance sheet reconciled as filed. Days cash on hand is FY23, the most recent year that passed the display gate. Every tile below states its own fiscal year; nothing is carried forward or estimated.
The read

A home health agency in Houston, TX. It ran an operating loss of 90.7% in FY21 on $0.2M of operating revenue. Only a single comparable reporting year is available, so trend context is limited.

Days cash on hand · FY23
Not available
vs home health agencies
Total operating revenue · FY23
$0.2M
vs home health agencies3rd pctl of 6,841 (FY23)
Operating margin · FY21
-90.7%
vs home health agencies0th pctl of 6,547 (FY23)
Total margin · incl. nonoperating · FY22
-29.5%
vs home health agencies6th 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 PLATINUM HOME CARE 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.
-20%-10%0%+10%+20%home health agency median +3.88%PLATINUM HOME -90.66%-20%0%+20%home health agency median +3.88%PLATINUM HOME -90.66%
One home health agencyPLATINUM 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
-90.7% (FY21)
Operating income ÷ total operating revenue
HCRIS WS G-3
Total margin
-29.5% (FY22)
Net income ÷ total revenue incl. nonoperating
HCRIS WS G-3
Days cash on hand
Not reported in this filing
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
-92% (FY22)
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 revenue288315205
Total operating revenue288315205
Total operating expenses549718441
Operating income(261)(403)(236)
Operating margin %-90.6%-127.9%-115.1%
Other non-operating, net5762390
Net income315(164)(236)
Net income %+36.5%-29.6%-115.1%
HCRIS CMS-1728 cost report · $ thousands · FY20–FY23 · 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.

ZIP codes served
12
Proxy2026
CMS HH PUF
Total visits
439
Verified fact2023
HCRIS CMS-1728
Total episodes
132
Verified fact2023
HCRIS CMS-1728
Unduplicated patients
18
Verified fact2023
HCRIS CMS-1728
Cost per visit ($)
1,005
Verified fact2023
HCRIS CMS-1728
Medicare revenue share
98.3%
Verified fact2023
HCRIS CMS-1728

Trajectory

Cost-report basis · 4 reporting years
Operating margin
-30.5%-90.7%FY20FY21FY22FY23
Days cash on hand
109 days120 days388 daysFY20FY21FY22FY23

The county this home health agency serves

Harris County, TX · metro, 1M+ population
Median household income
$73.1K
vs $82.1K US · $59.7K rural median
Poverty rate
15.9%
vs 12.5% US · 14.3% rural median
Uninsured
21.2%
vs 8.6% US · 8.4% rural median
Age 65+
11.4%
vs 16.8% US · 20.6% rural median
Fair or poor health
21.8%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 5.6% of county personal income is Medicare/Medicaid medical benefits; 12.9% arrives as government transfers (BEA, 2022).
Opportunity screen · FY23
$122K

of annual opportunity identified against peer medians across 1 measure

Directional, conservative band. Arithmetic against matched-peer medians from public filings, not a projection; public data cannot fully control for patient acuity.
See what's behind this number in the Performance Benchmark →

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.

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