Astrelis
hospice · NJ

HACKENSACK MERIDIAN HOSPICE

CCN 311532Latest 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
The read

A hospice in NJ. It ran an operating loss of 59.5% in FY23 on $3.9M of operating revenue. Operating margin declined from 5.7% in FY20 to -59.5% in FY23.

Days cash on hand
Astrelis calculation unavailable
Total operating revenue · FY23
$3.9M
Astrelis calculation · as-filed inputs
vs hospices60th pctl of 3,635 (FY23 pool)
pool: this metric's own fiscal year · excludes historical, non-panel, and out-of-range values
Operating margin · FY23
-59.5%
Astrelis calculation · as-filed inputs
vs hospices12th pctl of 3,634 (FY23 pool)
pool: this metric's own fiscal year · excludes historical, non-panel, and out-of-range values
Total days of care
22,241 days
Reported value2023
Source: HCRIS CMS-1984

Where HACKENSACK MERIDIAN HOSPICE sits among hospices

Operating margin · FY23 pool · n = 3,634 of 3,933 filed

Each point is one hospice in the national FY23 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 FY23 median is -3.1%. Descriptive context only, not a ranking.

-20%-10%0%+10%+20%hospice median -3.1%HACKENSACK MERIDIAN -59.5%-20%0%+20%hospice median -3.1%HACKENSACK MERIDIAN -59.5%
One hospiceHACKENSACK MERIDIANhospice 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
-59.5% (FY23)
Operating income ÷ total operating revenue
Astrelis calculation · HCRIS WS G-3
Total margin
-59.5% (FY23)
Net income ÷ total revenue incl. nonoperating
Astrelis calculation · HCRIS WS G-3
Days cash on hand
Not reported in source
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
83d (FY23)
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
Astrelis calculation · HCRIS WS G / G-3
$ in thousands
Line itemFY20FY21FY23
Patient revenue6,9965,3303,884
Total operating revenue6,9965,3303,884
Total operating expenses6,5996,3836,195
Operating income397(1,053)(2,311)
Operating margin %+5.7%-19.8%-59.5%
Net income397(1,053)(2,311)
Net income %+5.7%-19.8%-59.5%
— = 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
Balance sheet: Not reported in source — the public cost report does not carry substantive balance-sheet detail (assets, liabilities, and net assets that reconcile) for this hospice. The income statement and ratio exhibit above are the reliable financial view here. We lead with those rather than render a hollow table.

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
95.1%
Reported value2023
HCRIS CMS-1984
General inpatient mix
4.7%
Reported value2023
HCRIS CMS-1984
Respite mix
0.2%
Reported value2023
HCRIS CMS-1984
Total days of care
22,241 days
Reported value2023
HCRIS CMS-1984
Continuous home care mix
0.0%
Reported value2023
HCRIS CMS-1984

Trajectory

Cost-report basis · 3 reporting years
Operating margin
+5.7%-19.8%-59.5%FY20FY21FY23
Days cash on hand
Not available

State context

New Jersey
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 poolFY23Astrelis calculation

-59.5% operating margin — 12th percentile of 3,634 peers (FY23 pool).

The Board Briefing

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

Reserve The Board Briefing →
How we calculated this

Operating margin vs its peer pool: FY23 pool · n = 3,634.

Report coverage: Historical Facility Benchmark. 8 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 · within 30 days of coverage confirmation
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