Astrelis
hospice · NM

ARMADA HOSPICE OF NEW MEXICO, LLC

CCN 321574Latest 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

Days cash on hand: 129 days in FY2021. Total operating revenue: $3.6M in FY2021. Operating margin: -18.7% in FY2021. Total days of care: 20,640 days in FY2021. Total margin (including nonoperating): +5.6% in FY2021. Figures as filed; not audited by Astrelis.

The read

A hospice in NM. It ran an operating loss of 18.7% in FY21 on $3.6M of operating revenue. It held 129 days of cash on hand. Operating margin declined from 12.1% in FY20 to -18.7% in FY21. Including nonoperating items, the all-in result was positive at 5.6%.

Days cash on hand · FY21
129d
all sources
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 FY21)
Total operating revenue · FY21
$3.6M
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 FY21)
Operating margin · FY21
-18.7%
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 FY21)
Total days of care
20,640 days
Reported value2021
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
-18.7% (FY21)
Operating income ÷ total operating revenue
Astrelis calculation · HCRIS WS G-3
Total margin
+5.6% (FY21)
Net income ÷ total revenue incl. nonoperating
Astrelis calculation · HCRIS WS G-3
Days cash on hand
129d (FY21)
Cash & investments ÷ daily operating expense
Astrelis calculation · HCRIS WS G / G-3
Current ratio
8.57× (FY21)
Total current assets ÷ current liabilities
Astrelis calculation · HCRIS WS G
Equity financing ratio
19% (FY21)
Total net assets ÷ total assets
Astrelis calculation · HCRIS WS G
Days in net patient A/R
18d (FY21)
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
Astrelis calculation · HCRIS WS G / G-3
$ in thousands
Line itemFY20FY21 · 273 days
Patient revenue5,4583,600
Total operating revenue5,4583,600
Total operating expenses4,8004,273
Operating income658(673)
Operating margin %+12.1%-18.7%
Other non-operating, net542926
Net income1,200253
Net income %+20.0%+5.6%
2 of 3 years available for this statement.
— = Not reported in source for that year.
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 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
99.8%
Reported value2021
HCRIS CMS-1984
General inpatient mix
0.0%
Reported value2021
HCRIS CMS-1984
Respite mix
0.2%
Reported value2021
HCRIS CMS-1984
Total days of care
20,640 days
Reported value2021
HCRIS CMS-1984
Continuous home care mix
0.0%
Reported value2021
HCRIS CMS-1984

Trajectory

Cost-report basis · 2 reporting years
Operating margin
+12.1%-18.7%FY20FY21
Days cash on hand
20 days129 daysFY20FY21

State context

New Mexico
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 (as filed)FY21Astrelis calculation

-18.7% operating margin in FY21.

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, "Armada Hospice Of New Mexico, Llc", https://astrelis.co/providers/hospice/321574, 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/321574.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