Astrelis
hospice · Phoenix, AZ

BRIDGES HEALTH SERVICES, INC

CCN 031672Latest FY 2024
Cost-report basis
HCRIS · as filed
Not audited by Astrelis

Average daily census: 43 in FY2024. Hospice Care Index: 8 in FY2024. Operating margin: +27.0% in FY2024, the 90th percentile of 3,692 hospices in the FY2024 pool. Total days of care: 15,638 days in FY2024. Days cash on hand: 88 days in FY2024, the 71st percentile of 2,996 hospices in the FY2024 pool. Total operating revenue: $2.7M in FY2024, the 43rd percentile of 3,694 hospices in the FY2024 pool. Total margin (including nonoperating): +27.6% in FY2024, the 87th percentile of 3,691 hospices in the FY2024 pool. Figures as filed; not audited by Astrelis.

The read

A hospice in Phoenix, AZ. It ran an operating surplus of 27.0% in FY24 on $2.7M of operating revenue. It held 88 days of cash on hand (71st percentile of 2,996 hospices on liquidity, FY24 pool). 5 reporting years are on file, but revenue scale shifts too much between them for a comparable trend, so trend context is limited. It carries an average daily census of 43.

Average daily census
43
Reported value2024
Source: CMS Hospice
Hospice Care Index
8
Reported value2024
Source: CMS Hospice Quality
Operating margin · FY24
+27.0%
Astrelis calculation · as-filed inputs
vs hospices90th pctl of 3,692 (FY24 pool)
pool: this metric's own fiscal year · excludes historical, non-panel, and out-of-range values
Total days of care
15,638 days
Reported value2024
Source: HCRIS CMS-1984

Where BRIDGES HEALTH SERVICES, sits among hospices

Operating margin · FY24 pool · n = 3,692 of 3,944 filed

Each point is one hospice in the national FY24 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 hospice FY24 median is -1.5%. Descriptive context only, not a ranking.

-20%-10%0%+10%+20%hospice median -1.5%BRIDGES HEALTH +27.0%
One hospiceBRIDGES HEALTHhospice median

The money

$ thousands · HCRIS cost-report basis · as filed, QA-gated

Ratios tell you how this hospice 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
+27.0% (FY24)
Operating income ÷ total operating revenue
Astrelis calculation · HCRIS WS G-3
Total margin
+27.6% (FY24)
Net income ÷ total revenue incl. nonoperating
Astrelis calculation · HCRIS WS G-3
Days cash on hand
88d (FY24)
Cash & investments ÷ daily operating expense
Astrelis calculation · HCRIS WS G / G-3
Current ratio
2.94× (FY24)
Total current assets ÷ current liabilities
Astrelis calculation · HCRIS WS G
Equity financing ratio
51% (FY24)
Total net assets ÷ total assets
Astrelis calculation · HCRIS WS G
Days in net patient A/R
58d (FY24)
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
Astrelis calculation · HCRIS WS G / G-3
$ in thousands
Line itemFY22FY23FY24
Patient revenue6331,9252,682
Total operating revenue6331,9252,682
Total operating expenses6571,5061,958
Operating income(24)418724
Operating margin %-3.8%+21.7%+27.0%
Other non-operating, net51724
Net income(19)436748
Net income %-3.0%+22.4%+27.6%
— = Not reported in source for that year.
HCRIS CMS-1984 cost report · $ thousands · FY20–FY24 · patient-service operating basis; non-patient revenue (contributions, investment) is non-operating · FY20–21 may include COVID-era relief funding

How it operates

quality & operational context · CMS public reporting

The metrics this hospice 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.

Hospice Care Index
8
Reported value2024
CMS Hospice Quality
Average daily census
43
Reported value2024
CMS Hospice
Routine home care mix
99.9%
Reported value2024
HCRIS CMS-1984
General inpatient mix
0.0%
Reported value2024
HCRIS CMS-1984
Respite mix
0.1%
Reported value2024
HCRIS CMS-1984
Total days of care
15,638 days
Reported value2024
HCRIS CMS-1984
Continuous home care mix
0.0%
Reported value2024
HCRIS CMS-1984

Trajectory

Cost-report basis · 5 reporting years
Operating margin
+27.9%-18.4%-3.8%+21.7%+27.0%FY20FY21FY22FY23FY24
Days cash on hand
85 days1 day49 days66 days88 daysFY20FY21FY22FY23FY24

State context

Phoenix, AZ
Located in Phoenix, AZ. County-level statistics: linkage not established — this record's county mapping is not verified in the resolved spine, and we never place a facility in a county by guesswork. State-level context appears here once a state aggregate layer lands.
Operating margin vs its peer poolFY24Astrelis calculation

27.0% operating margin — 90th percentile of 3,692 peers (FY24 pool).

The Board Briefing

What changed, what matters, and what your board should ask — every figure sourced to the public record.

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Performance Benchmark Report

A facility-specific dollar comparison cannot be calculated because a benchmark input was not reported. The report still includes all available facility measures, peer benchmarks, and a source-coverage inventory.

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How we calculated this

Operating margin vs its peer pool: FY24 pool · n = 3,692.

Report coverage: Limited Facility Benchmark. 11 of 12 facility measures available from public sources. The report covers the available measures against their peer benchmarks; measures the public record does not carry become findings. Coverage is disclosed here before you reserve, and thin data is never a decline reason. The refund guarantee stands: if we cannot deliver the published scope, you pay nothing.

Hospice Performance Benchmark

Per-patient-day economics and care-level mix against matched peers. Directional; acuity limits stated.

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Portfolio Performance Review

A roster-priced triage of the per-facility benchmarks: every facility on your roster, benchmarked and sorted. Requires only a CCN roster.

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Cite this page

release 2321a4fc37a7 · 2026-10-22

Astrelis Atlas, "Bridges Health Services, Inc", https://astrelis.co/providers/hospice/031672, release 2321a4fc37a7 (2026-10-22). Figures as filed in the named public sources; not audited by Astrelis.

Machine-readable twin of this page: astrelis.co/providers/hospice/031672.md (Markdown, the same figures with their fiscal years, pools and definitions). Last modified: release 2321a4fc37a7, 2026-10-22. Figures are as filed in the named public sources. Astrelis is not a CPA firm and performs no audit, review or attestation of any facility.

build 2321a4fc37a7 · 2026-10-22 · dev