HEART OF HOPE ASIAN AMERICAN HOSPICE CARE, A NONPR
CCN 051637Santa Clara CountyLatest FY 2021
Historical record. CMS lists this CCN as terminated (voluntary - merger/closure). No successor CCN is recorded. The financials below are the historical results reported under this number and are excluded from current peer comparisons and state counts.
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 FY20, the latest filing whose balance sheet reconciled as filed. Days cash on hand is FY20, 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 hospice in San Jose, CA. It ran an operating loss of 0.8% in FY21 on $1.7M of operating revenue. It held 84 days of cash on hand in FY20, its most recent reported liquidity. Only a single comparable reporting year is available, so trend context is limited. Including nonoperating items, the all-in result was positive at 8.7%.
Days cash on hand · FY20
84d
all sources
vs hospices—
Total operating revenue · FY21
$1.7M
vs hospices—
Operating margin · FY21
-0.8%
vs hospices—
Total days of care
9203.0d
Verified fact2021
Source: HCRIS CMS-1984
Where HEART OF HOPE sits among hospices
Operating margin · FY24 pool · n = 3,488 of 5,626 filed
Each point is one hospice 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 hospice median is +0.1%. Descriptive context only, not a ranking.
One hospiceHEART OFhospice 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 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
-0.8% (FY21)
Operating income ÷ total operating revenue
HCRIS WS G-3
Total margin
+8.7% (FY21)
Net income ÷ total revenue incl. nonoperating
HCRIS WS G-3
Days cash on hand
84d (FY20)
Cash & investments ÷ daily operating expense
HCRIS WS G / G-3
Current ratio
3.02× (FY20)
Total current assets ÷ current liabilities
HCRIS WS G
Equity financing ratio
39% (FY20)
Total net assets ÷ total assets
HCRIS WS G
Days in net patient A/R
44d (FY20)
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
HCRIS WS G / G-3
$ in thousands
Line item
FY20
FY21
Patient revenue
9,452
1,686
Total operating revenue
9,452
1,686
Total operating expenses
10,992
1,699
Operating income
(1,540)
(13)
Operating margin %
-16.3%
-0.8%
Other non-operating, net
3,052
175
Net income
1,512
162
Net income %
+12.1%
+8.7%
2 of 3 years available for this statement.
HCRIS CMS-1984 cost report · $ thousands · FY20–FY21 · 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 evidence class and public source; descriptive context only, never a ranking or adequacy claim.
Routine home care mix
99.3%
Verified fact2021
HCRIS CMS-1984
Continuous home care mix
0.6%
Verified fact2021
HCRIS CMS-1984
General inpatient mix
0.1%
Verified fact2021
HCRIS CMS-1984
Total days of care
9203.0d
Verified fact2021
HCRIS CMS-1984
Respite mix
0.0%
Verified fact2021
HCRIS CMS-1984
Trajectory
Cost-report basis · 2 reporting years
Operating margin
Days cash on hand
The county this hospice serves
Santa Clara County, CA
Median household income
$113.7K
vs $82.1K US · $59.7K rural median
Poverty rate
9.5%
vs 12.5% US · 14.3% rural median
Uninsured
6.8%
vs 8.6% US · 8.4% rural median
Age 65+
15.8%
vs 16.8% US · 20.6% rural median
Fair or poor health
19.9%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 5.0% of county personal income is Medicare/Medicaid medical benefits; 12.1% arrives as government transfers (BEA, 2022).
The Board Briefing$1,000
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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.
