Average daily census: 83 in FY2025. Hospice Care Index: 10 in FY2025. Operating margin: +155.6% in FY2025, the 100th percentile of 3,640 hospices in the FY2025 pool. Total days of care: 41,567 days in FY2025. Total operating revenue: $7.0M in FY2025, the 72nd percentile of 3,645 hospices in the FY2025 pool. Total margin (including nonoperating): +135.8% in FY2025, the 100th percentile of 3,641 hospices in the FY2025 pool. Figures as filed; not audited by Astrelis.
The read
A hospice in Murfreesboro, TN. It ran an operating surplus of 155.6% in FY25 on $7.0M of operating revenue. Operating margin declined from 207.6% in FY20 to 155.6% in FY25. It carries an average daily census of 83.
Average daily census
83
Reported value2025
Source: CMS Hospice
Hospice Care Index
10
Reported value2025
Source: CMS Hospice Quality
Operating margin · FY25
+155.6%
Astrelis calculation · as-filed inputs
vs hospices100th pctl of 3,640 (FY25 pool)
pool: this metric's own fiscal year · excludes historical, non-panel, and out-of-range values
Total days of care
41,567 days
Reported value2025
Source: HCRIS CMS-1984
Where CARIS HEALTHCARE sits among hospices
Operating margin · FY25 pool · n = 3,640 of 3,944 filed
Each point is one hospice in the national FY25 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 FY25 median is -0.8%. Descriptive context only, not a ranking.
One hospiceCARIS HEALTHCAREhospice 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
+155.6% (FY25)
Operating income ÷ total operating revenue
Astrelis calculation · HCRIS WS G-3
Total margin
+135.8% (FY25)
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
6.98× (FY25)
Total current assets ÷ current liabilities
Astrelis calculation · HCRIS WS G
Equity financing ratio
5% (FY25)
Total net assets ÷ total assets
Astrelis calculation · HCRIS WS G
Days in net patient A/R
678d (FY25) — outside expected range; computed from the filed statement and not ranked against peers
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
Astrelis calculation · HCRIS WS G / G-3
$ in thousands
Line item
FY23
FY24
FY25
Patient revenue
5,575
5,170
6,964
Total operating revenue
5,575
5,170
6,964
Total operating expenses
(5,289)
(6,145)
(3,875)
Operating income
10,864
11,315
10,839
Operating margin %
+194.9%
+218.9%
+155.6%
Other non-operating, net
1,989
2,358
3,850
Net income
12,853
13,673
14,689
Net income %
+169.9%
+181.6%
+135.8%
— = Not reported in source for that year.
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
Display states.FY25 · Operating margin: 155.6% — Astrelis calculation · outside expected range; shown at the chart boundary and included in peer statistics (beyond ±100%)FY25 · Total margin: 135.8% — Astrelis calculation · outside expected range; shown at the chart boundary and included in peer statistics (beyond ±100%)FY24 · Operating margin: 218.9% — Astrelis calculation · outside expected range; shown at the chart boundary and included in peer statistics (beyond ±100%)FY24 · Total margin: 181.6% — Astrelis calculation · outside expected range; shown at the chart boundary and included in peer statistics (beyond ±100%)FY23 · Operating margin: 194.9% — Astrelis calculation · outside expected range; shown at the chart boundary and included in peer statistics (beyond ±100%)FY23 · Total margin: 169.9% — Astrelis calculation · outside expected range; shown at the chart boundary and included in peer statistics (beyond ±100%)FY22 · Operating margin: 137.5% — Astrelis calculation · outside expected range; shown at the chart boundary and included in peer statistics (beyond ±100%)FY22 · Total margin: 127.6% — Astrelis calculation · outside expected range; shown at the chart boundary and included in peer statistics (beyond ±100%)FY21 · Operating margin: 187.9% — Astrelis calculation · outside expected range; shown at the chart boundary and included in peer statistics (beyond ±100%)FY21 · Total margin: 169.0% — Astrelis calculation · outside expected range; shown at the chart boundary and included in peer statistics (beyond ±100%)FY20 · Operating margin: 207.6% — Astrelis calculation · outside expected range; shown at the chart boundary and included in peer statistics (beyond ±100%)FY20 · Total margin: 178.8% — Astrelis calculation · outside expected range; shown at the chart boundary and included in peer statistics (beyond ±100%)
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 value2025
CMS Hospice Quality
Average daily census
83
Reported value2025
CMS Hospice
Routine home care mix
99.6%
Reported value2025
HCRIS CMS-1984
Continuous home care mix
0.0%
Reported value2025
HCRIS CMS-1984
General inpatient mix
0.1%
Reported value2025
HCRIS CMS-1984
Respite mix
0.3%
Reported value2025
HCRIS CMS-1984
Total days of care
41,567 days
Reported value2025
HCRIS CMS-1984
CAHPS family caregiver rating (1–5 stars)
4
Reported value2025
CMS Hospice CAHPS
Trajectory
Cost-report basis · 6 reporting years
Operating margin
Days cash on hand
The county this hospice serves
Rutherford County, TN · metro, 1M+ population
Median household income
$82.6K
vs $82.1K US · $59.7K rural median
Poverty rate
9.2%
vs 12.5% US · 14.3% rural median
Uninsured
9.8%
vs 8.6% US · 8.4% rural median
Age 65+
10.9%
vs 16.8% US · 20.6% rural median
Fair or poor health
18.2%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 5.8% of county personal income is Medicare/Medicaid medical benefits; 15.7% arrives as government transfers (BEA, 2022).
Operating margin vs its peer poolFY25Astrelis 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: FY25 pool · n = 3,640.
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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Astrelis Atlas, "Caris Healthcare", https://astrelis.co/providers/hospice/441584, 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/441584.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.