A hospice in Pittsburgh, PA. It ran an operating surplus of 18.6% in FY25 on $3.1M of operating revenue. It held 654 days of cash on hand (97th percentile among hospices on liquidity). Operating margin declined from 26.6% in FY20 to 18.6% in FY25. It carries an average daily census of 41.
Average daily census
41
Verified fact2025
Source: CMS Hospice
Hospice Care Index
9
Verified fact2025
Source: CMS Hospice Quality
Operating margin · FY25
+18.6%
▼ 8.2 pts vs FY24
vs hospices81st pctl of 3,488 (FY24)
Total days of care
18645.0d
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 HOPE HOSPICE INC 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 hospiceHOPE 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
+18.6% (FY25)
Operating income ÷ total operating revenue
HCRIS WS G-3
Total margin
+28.6% (FY25)
Net income ÷ total revenue incl. nonoperating
HCRIS WS G-3
Days cash on hand
654d (FY25)
Cash & investments ÷ daily operating expense
HCRIS WS G / G-3
Current ratio
Not shown, outside plausibility bounds
Total current assets ÷ current liabilities
HCRIS WS G
Equity financing ratio
0% (FY25)
Total net assets ÷ total assets
HCRIS WS G
Days in net patient A/R
Not reported in this filing
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
HCRIS WS G / G-3
$ in thousands
Line item
FY23
FY24
FY25
Patient revenue
1,793
2,642
3,077
Total operating revenue
1,793
2,642
3,077
Total operating expenses
1,596
1,935
2,505
Operating income
197
706
572
Operating margin %
+11.0%
+26.7%
+18.6%
Other non-operating, net
333
285
431
Net income
530
991
1,003
Net income %
+24.9%
+33.9%
+28.6%
HCRIS CMS-1984 cost report · $ thousands · FY20–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
41
Verified fact2025
CMS Hospice
Routine home care mix
99.9%
Verified fact2025
HCRIS CMS-1984
Continuous home care mix
0.0%
Verified fact2025
HCRIS CMS-1984
General inpatient mix
0.1%
Verified fact2025
HCRIS CMS-1984
Respite mix
0.0%
Verified fact2025
HCRIS CMS-1984
Total days of care
18645.0d
Verified fact2025
HCRIS CMS-1984
CAHPS family caregiver rating
4
Verified fact2025
CMS Hospice CAHPS
Trajectory
Cost-report basis · 6 reporting years
Operating margin
Days cash on hand
The county this hospice serves
Allegheny County, PA · metro, 1M+ population
Median household income
$76.4K
vs $82.1K US · $59.7K rural median
Poverty rate
11.2%
vs 12.5% US · 14.3% rural median
Uninsured
3.9%
vs 8.6% US · 8.4% rural median
Age 65+
19.7%
vs 16.8% US · 20.6% rural median
Fair or poor health
Not available
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 8.4% of county personal income is Medicare/Medicaid medical benefits; 17.9% arrives as government transfers (BEA, 2022).
Opportunity screen · FY25
≈ $591K
of annual opportunity identified against peer medians across 1 measure
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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