Astrelis
Hospice · Portage, MI

HarmonyCares Hospice

CCN 231643Kalamazoo CountyLatest 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

Days cash on hand: 59 days in FY2020, the 49th percentile of 2,443 hospices in the FY2020 pool. Total operating revenue: $0.5M in FY2023. Operating margin: -107.4% in FY2023. Total days of care: 3,534 days in FY2023. Total margin (including nonoperating): -50.4% in FY2023. Figures as filed; not audited by Astrelis.

Financial anchor year: FY23. Margin and revenue are as filed for FY23. 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 Portage, MI. It ran an operating loss of 107.4% in FY23 on $0.5M of operating revenue. It held 59 days of cash on hand in FY20, its most recent reported liquidity (49th percentile of 2,443 hospices on liquidity, FY20 pool). 4 reporting years are on file, but revenue scale shifts too much between them for a comparable trend, so trend context is limited. These figures come from filings spanning FY20–FY23: read each by its own year rather than as one current picture.

Days cash on hand · FY20
59d
all sources
Astrelis calculation · as-filed inputs
vs hospices49th pctl of 2,443 (FY20 pool)
pool: this metric's own fiscal year · excludes historical, non-panel, and out-of-range values
Total operating revenue · FY23
$0.5M
Astrelis calculation · as-filed inputs
not ranked: no valid same-year pool for this metric (needs n ≥ 25 and ≥ 50% of the cohort's filers at FY23)
Operating margin · FY23
-107.4%
Astrelis calculation · as-filed inputs
not ranked: no valid same-year pool for this metric (needs n ≥ 25 and ≥ 50% of the cohort's filers at FY23)
Total days of care
3,534 days
Reported value2023
Source: HCRIS CMS-1984

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
-107.4% (FY23)
Operating income ÷ total operating revenue
Astrelis calculation · HCRIS WS G-3
Total margin
-50.4% (FY23)
Net income ÷ total revenue incl. nonoperating
Astrelis calculation · HCRIS WS G-3
Days cash on hand
59d (FY20)
Cash & investments ÷ daily operating expense
Astrelis calculation · HCRIS WS G / G-3
Current ratio
1.43× (FY20)
Total current assets ÷ current liabilities
Astrelis calculation · HCRIS WS G
Equity financing ratio
69% (FY20)
Total net assets ÷ total assets
Astrelis calculation · HCRIS WS G
Days in net patient A/R
594d (FY20) — outside expected range; computed from the filed statement and not ranked against peers
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
Astrelis calculation · HCRIS WS G / G-3
$ in thousands
Line itemFY21FY22FY23 · 243 days
Patient revenue1,6871,019528
Total operating revenue1,6871,019528
Total operating expenses2,8321,3791,094
Operating income(1,145)(361)(567)
Operating margin %-67.9%-35.4%-107.4%
Other non-operating, net36451200
Net income(781)(309)(367)
Net income %-38.1%-28.9%-50.4%
— = Not reported in source for that year.
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
Display states. FY23 · Operating margin: -107.4% — Astrelis calculation · outside expected range; shown at the chart boundary and not in peer statistics (this year is not comparison-eligible) (beyond ±100%)

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.

Routine home care mix
99.6%
Reported value2023
HCRIS CMS-1984
Respite mix
0.4%
Reported value2023
HCRIS CMS-1984
Total days of care
3,534 days
Reported value2023
HCRIS CMS-1984
Continuous home care mix
0.0%
Reported value2023
HCRIS CMS-1984
General inpatient mix
0.0%
Reported value2023
HCRIS CMS-1984

Trajectory

Cost-report basis · 4 reporting years
Operating margin
-14.8%-67.9%-35.4%-107.4%FY20FY21FY22FY23
Days cash on hand
59 daysFY20FY21FY22FY23

The county this hospice serves

Kalamazoo County, MI
Median household income
$70.5K
vs $82.1K US · $59.7K rural median
Poverty rate
13.3%
vs 12.5% US · 14.3% rural median
Uninsured
5.0%
vs 8.6% US · 8.4% rural median
Age 65+
15.8%
vs 16.8% US · 20.6% rural median
Fair or poor health
16.7%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 7.0% of county personal income is Medicare/Medicaid medical benefits; 17.9% arrives as government transfers (BEA, 2022).
Operating margin (as filed)FY23Astrelis calculation

-107.4% operating margin in FY23.

The Board Briefing

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

Reserve The Board Briefing →
Report coverage: Historical Facility Benchmark. 9 of 12 facility measures available from public sources. This CCN is terminated. The report benchmarks the record's final filed years against their own contemporaneous peer pools and says so on every exhibit; no current-year comparison is implied. 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.

$2,500Founding Edition · built to order, first edition · invoice after coverage confirmation · within 30 days
Reservation: invoice after coverage confirmation. No payment is collected on this site. Full refund if the published scope cannot be delivered.

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.

From $7,500Founding Edition · built to order, first edition · priced by roster size · invoice after coverage confirmation · within 30 days
Request: scoped and quoted before any invoice. No payment is collected on this site.

Cite this page

release 2321a4fc37a7 · 2026-10-22

Astrelis Atlas, "Harmonycares Hospice", https://astrelis.co/providers/hospice/231643, 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/231643.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