Astrelis
hospice · MI

MCLAREN HOSPICE

CCN 231504Latest FY 2023
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: FY20. Margin and revenue are as filed for FY20. Balance-sheet measures (current ratio, equity financing, days in A/R) use FY23, 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 hospice in MI. It ran an operating surplus of 37.7% in FY20 on $3.2M of operating revenue. It held 81 days of cash on hand in FY23, 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 negative at 3.1%. These figures come from filings spanning FY20–FY23: read each by its own year rather than as one current picture.

Days cash on hand · FY23
81d
all sources
vs hospices
Total operating revenue · FY23
$3.2M
vs hospices
Operating margin · FY20
+37.7%
vs hospices
Total days of care
19950.0d
Verified fact2023
Source: HCRIS CMS-1984

Where MCLAREN HOSPICE 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.

-20%-10%0%+10%+20%hospice median +0.08499999999999999%MCLAREN HOSPICE +37.74%-20%0%+20%hospice median +0.08499999999999999%MCLAREN HOSPICE +37.74%
One hospiceMCLAREN HOSPICEhospice 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
+37.7% (FY20)
Operating income ÷ total operating revenue
HCRIS WS G-3
Total margin
-3.1% (FY23)
Net income ÷ total revenue incl. nonoperating
HCRIS WS G-3
Days cash on hand
81d (FY23)
Cash & investments ÷ daily operating expense
HCRIS WS G / G-3
Current ratio
0.81× (FY23)
Total current assets ÷ current liabilities
HCRIS WS G
Equity financing ratio
55% (FY23)
Total net assets ÷ total assets
HCRIS WS G
Days in net patient A/R
Not shown, outside plausibility bounds
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
HCRIS WS G / G-3
$ in thousands
Line itemFY21FY22FY23
Patient revenue3,5033,0573,158
Total operating revenue3,5033,0573,158
Total operating expenses100,858117,901112,329
Operating income(97,355)(114,844)(109,171)
Operating margin %-2779.2%-3756.8%-3457.0%
Other non-operating, net112,868111,908105,767
Net income15,513(2,936)(3,404)
Net income %+13.3%-2.6%-3.1%
HCRIS CMS-1984 cost report · $ thousands · FY20–FY23 · 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
99.8%
Verified fact2023
HCRIS CMS-1984
Continuous home care mix
0.0%
Verified fact2023
HCRIS CMS-1984
General inpatient mix
0.1%
Verified fact2023
HCRIS CMS-1984
Respite mix
0.1%
Verified fact2023
HCRIS CMS-1984
Total days of care
19950.0d
Verified fact2023
HCRIS CMS-1984

Trajectory

Cost-report basis · 4 reporting years
Operating margin
+37.7%FY20FY21FY22FY23
Days cash on hand
155 days57 days81 daysFY20FY21FY22FY23

The county this hospice serves

Location, MI
Median household income
$61.6K
vs $82.1K US · $59.7K rural median
Poverty rate
12.8%
vs 12.5% US · 14.3% rural median
Uninsured
6.2%
vs 8.6% US · 8.4% rural median
Age 65+
28.4%
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: 12.2% of county personal income is Medicare/Medicaid medical benefits; 32.3% arrives as government transfers (BEA, 2022).

Hospice 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 · 2026-07-24