Financial anchor year: FY21. Margin and revenue are as filed for FY21. Balance-sheet measures (current ratio, equity financing, days in A/R) use FY25, the latest filing whose balance sheet reconciled as filed. Days cash on hand is FY25, 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 Scotch Plains, NJ. It ran an operating loss of 97.6% in FY21 on $7.5M of operating revenue. It held 18 days of cash on hand in FY25, its most recent reported liquidity (37th percentile among hospices on liquidity). Only a single comparable reporting year is available, so trend context is limited. It carries an average daily census of 95. These figures come from filings spanning FY21–FY25: read each by its own year rather than as one current picture.
Average daily census
95
Verified fact2025
Source: CMS Hospice
Hospice Care Index
9
Verified fact2025
Source: CMS Hospice Quality
Operating margin · FY21
-97.6%
vs hospices0th pctl of 3,488 (FY24)
Total days of care
38871.0d
Verified fact2025
Source: HCRIS CMS-1984
This facility's newest settled year, FY25, has not yet reached pool validity: benchmarked against the FY24 pool (n=3,488).
Where CENTER FOR 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.
This facility's newest settled year, FY25, has not yet reached pool validity: benchmarked against the FY24 pool (n=3,488).
One hospiceCENTER FORhospice 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
-97.6% (FY21)
Operating income ÷ total operating revenue
HCRIS WS G-3
Total margin
-6.5% (FY25)
Net income ÷ total revenue incl. nonoperating
HCRIS WS G-3
Days cash on hand
18d (FY25)
Cash & investments ÷ daily operating expense
HCRIS WS G / G-3
Current ratio
2.15× (FY25)
Total current assets ÷ current liabilities
HCRIS WS G
Equity financing ratio
38% (FY25)
Total net assets ÷ total assets
HCRIS WS G
Days in net patient A/R
88d (FY25)
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
HCRIS WS G / G-3
$ in thousands
Line item
FY23
FY24
FY25
Patient revenue
8,013
8,021
7,497
Total operating revenue
8,013
8,021
7,497
Total operating expenses
16,570
16,246
15,202
Operating income
(8,557)
(8,225)
(7,705)
Operating margin %
-106.8%
-102.5%
-102.8%
Other non-operating, net
6,968
6,672
6,779
Net income
(1,589)
(1,553)
(926)
Net income %
-10.6%
-10.6%
-6.5%
HCRIS CMS-1984 cost report · $ thousands · FY21–FY25 · 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.
Hospice Care Index
9
Verified fact2025
CMS Hospice Quality
Average daily census
95
Verified fact2025
CMS Hospice
Routine home care mix
98.9%
Verified fact2025
HCRIS CMS-1984
General inpatient mix
0.2%
Verified fact2025
HCRIS CMS-1984
Respite mix
0.9%
Verified fact2025
HCRIS CMS-1984
Total days of care
38871.0d
Verified fact2025
HCRIS CMS-1984
CAHPS family caregiver rating
3
Verified fact2025
CMS Hospice CAHPS
Continuous home care mix
0.0%
Verified fact2025
HCRIS CMS-1984
Trajectory
Cost-report basis · 5 reporting years
Operating margin
Days cash on hand
The county this hospice serves
Union County, NJ
Median household income
$100.1K
vs $82.1K US · $59.7K rural median
Poverty rate
8.9%
vs 12.5% US · 14.3% rural median
Uninsured
12.4%
vs 8.6% US · 8.4% rural median
Age 65+
14.8%
vs 16.8% US · 20.6% rural median
Fair or poor health
17.9%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 6.0% of county personal income is Medicare/Medicaid medical benefits; 13.3% arrives as government transfers (BEA, 2022).
Opportunity screen · FY25
≈ $4.7M
of annual opportunity identified against peer medians across 2 measures
Directional, conservative band. Arithmetic against matched-peer medians from public filings, not a projection; public data cannot fully control for patient acuity.
FY25 has not yet reached pool validity: benchmarked against the FY24 pool (n=4,349).
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