A hospice in Gallatin, TN. It ran an operating loss of 1.5% in FY24 on $5.3M of operating revenue. Operating margin declined from 6.9% in FY20 to -1.5% in FY24, though it rose 2.8 points in the most recent year. Including nonoperating items, the all-in result was positive at 6.5%. It carries an average daily census of 75.
Average daily census
75
Reported value2024
Source: CMS Hospice
Hospice Care Index
10
Reported value2024
Source: CMS Hospice Quality
Operating margin · FY24
-1.5%
Astrelis calculation · as-filed inputs
vs hospices51st pctl of 3,782 (FY24 pool)
pool: this metric's own fiscal year · excludes historical, non-panel, and out-of-range values
Total days of care
28,958 days
Reported value2024
Source: HCRIS CMS-1984
Where HIGHPOINT HOSPICE sits among hospices
Operating margin · FY24 pool · n = 3,782 of 3,933 filed
Each point is one hospice in the national FY24 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 FY24 median is -2.0%. Descriptive context only, not a ranking.
One hospiceHIGHPOINT 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 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
-1.5% (FY24)
Operating income ÷ total operating revenue
Astrelis calculation · HCRIS WS G-3
Total margin
+6.5% (FY24)
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
4.77× (FY24)
Total current assets ÷ current liabilities
Astrelis calculation · HCRIS WS G
Equity financing ratio
24% (FY24)
Total net assets ÷ total assets
Astrelis calculation · HCRIS WS G
Days in net patient A/R
51d (FY24)
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
Astrelis calculation · HCRIS WS G / G-3
$ in thousands
Line item
FY22
FY23
FY24
Patient revenue
4,373
5,324
5,307
Total operating revenue
4,373
5,324
5,307
Total operating expenses
4,297
5,554
5,386
Operating income
76
(230)
(79)
Operating margin %
+1.7%
-4.3%
-1.5%
Other non-operating, net
291
516
455
Net income
367
286
376
Net income %
+7.9%
+4.9%
+6.5%
— = Not reported in source for that year.
HCRIS CMS-1984 cost report · $ thousands · FY20–FY24 · 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.
Hospice Care Index
10
Reported value2024
CMS Hospice Quality
Average daily census
75
Reported value2024
CMS Hospice
Routine home care mix
98.6%
Reported value2024
HCRIS CMS-1984
General inpatient mix
0.9%
Reported value2024
HCRIS CMS-1984
Respite mix
0.5%
Reported value2024
HCRIS CMS-1984
Total days of care
28,958 days
Reported value2024
HCRIS CMS-1984
CAHPS family caregiver rating (1–5 stars)
3
Reported value2024
CMS Hospice CAHPS
Continuous home care mix
0.0%
Reported value2024
HCRIS CMS-1984
Trajectory
Cost-report basis · 5 reporting years
Operating margin
Days cash on hand
The county this hospice serves
Sumner County, TN
Median household income
$86.0K
vs $82.1K US · $59.7K rural median
Poverty rate
9.0%
vs 12.5% US · 14.3% rural median
Uninsured
7.6%
vs 8.6% US · 8.4% rural median
Age 65+
16.4%
vs 16.8% US · 20.6% rural median
Fair or poor health
18.8%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 5.9% of county personal income is Medicare/Medicaid medical benefits; 15.5% arrives as government transfers (BEA, 2022).
Operating margin vs its peer poolFY24Astrelis calculation
A facility-specific dollar comparison cannot be calculated because a benchmark input was not reported. The report still includes all available facility measures, peer benchmarks, and a source-coverage inventory.
Operating margin vs its peer pool: FY24 pool · n = 3,782.
Report coverage: Limited Facility Benchmark. 11 of 12 facility measures available from public sources. The report covers the available measures against their peer benchmarks; measures the public record does not carry become findings. Coverage is disclosed here before you reserve, and thin data is never a decline reason. The refund guarantee stands: if we cannot deliver the published scope, you pay nothing.
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