A hospice in Batesville, AR. It ran an operating surplus of 41.9% in FY24 on $1.0M of operating revenue. It held 67 days of cash on hand (67th percentile of 3,076 hospices on liquidity, FY24 pool). Operating margin improved from 4.0% in FY20 to 41.9% in FY24. It carries an average daily census of 14.
Average daily census
14
Reported value2024
Source: CMS Hospice
Hospice Care Index
10
Reported value2024
Source: CMS Hospice Quality
Operating margin · FY24
+41.9%
Astrelis calculation · as-filed inputs
vs hospices97th pctl of 3,782 (FY24 pool)
pool: this metric's own fiscal year · excludes historical, non-panel, and out-of-range values
Total days of care
5,564 days
Reported value2024
Source: HCRIS CMS-1984
Where CARING HANDS HOSPICE, sits among hospices
Operating margin · FY24 pool · n = 3,782 of 3,933 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 -2.0%. Descriptive context only, not a ranking.
One hospiceCARING HANDShospice 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
+41.9% (FY24)
Operating income ÷ total operating revenue
Astrelis calculation · HCRIS WS G-3
Total margin
+67.3% (FY24)
Net income ÷ total revenue incl. nonoperating
Astrelis calculation · HCRIS WS G-3
Days cash on hand
67d (FY24)
Cash & investments ÷ daily operating expense
Astrelis calculation · HCRIS WS G / G-3
Current ratio
Not reported in source
Total current assets ÷ current liabilities
Astrelis calculation · HCRIS WS G
Equity financing ratio
Not reported in source
Total net assets ÷ total assets
Astrelis calculation · HCRIS WS G
Days in net patient A/R
Not reported in source
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
Astrelis calculation · HCRIS WS G / G-3
$ in thousands
Line item
FY22
FY23
FY24
Patient revenue
779
978
964
Total operating revenue
779
978
964
Total operating expenses
592
601
560
Operating income
187
377
405
Operating margin %
+24.0%
+38.6%
+41.9%
Other non-operating, net
0
2
750
Net income
187
379
1,155
Net income %
+24.0%
+38.7%
+67.3%
— = 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
10
Reported value2024
CMS Hospice Quality
Average daily census
14
Reported value2024
CMS Hospice
Routine home care mix
99.7%
Reported value2024
HCRIS CMS-1984
General inpatient mix
0.2%
Reported value2024
HCRIS CMS-1984
Respite mix
0.1%
Reported value2024
HCRIS CMS-1984
Total days of care
5,564 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
Days cash on hand
State context
Batesville, AR
Located in Batesville, AR. 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
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.
Operating margin vs its peer pool: FY24 pool · n = 3,782.
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.
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$1,000delivered within 2 business days of invoice
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