Astrelis
hospice · Longview, TX

HEARTSWAY HOSPICE OF NORTHEAST TEXAS

CCN 451579Latest FY 2025
Cost-report basis
HCRIS · as filed
Not audited by Astrelis
The read

A hospice in Longview, TX. It ran an operating loss of 29.2% in FY25 on $4.1M of operating revenue. It held 60 days of cash on hand. Operating margin declined from -7.5% in FY20 to -29.2% in FY25, though it rose 2.2 points in the most recent year. Including nonoperating items, the all-in result was positive at 1.9%. It carries an average daily census of 79.

Average daily census
79
Reported value2025
Source: CMS Hospice
Hospice Care Index
10
Reported value2025
Source: CMS Hospice Quality
Operating margin · FY25
-29.2%
Astrelis calculation · as-filed inputs
2.2 pts vs FY24
not ranked: no valid same-year pool for this metric (needs n ≥ 25 and ≥ 50% of the cohort's filers at FY25)
Total days of care
23,836 days
Reported value2025
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
-29.2% (FY25)
Operating income ÷ total operating revenue
Astrelis calculation · HCRIS WS G-3
Total margin
+1.9% (FY25)
Net income ÷ total revenue incl. nonoperating
Astrelis calculation · HCRIS WS G-3
Days cash on hand
60d (FY25)
Cash & investments ÷ daily operating expense
Astrelis calculation · HCRIS WS G / G-3
Current ratio
2.52× (FY25)
Total current assets ÷ current liabilities
Astrelis calculation · HCRIS WS G
Equity financing ratio
26% (FY25)
Total net assets ÷ total assets
Astrelis calculation · HCRIS WS G
Days in net patient A/R
34d (FY25)
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
Astrelis calculation · HCRIS WS G / G-3
$ in thousands
Line itemFY23FY24FY25
Patient revenue5,5905,0114,058
Total operating revenue5,5905,0114,058
Total operating expenses6,7126,5825,244
Operating income(1,122)(1,571)(1,185)
Operating margin %-20.1%-31.4%-29.2%
Other non-operating, net1,8271,1341,288
Net income705(437)103
Net income %+9.5%-7.1%+1.9%
— = 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

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
79
Reported value2025
CMS Hospice
Routine home care mix
99.9%
Reported value2025
HCRIS CMS-1984
Continuous home care mix
0.0%
Reported value2025
HCRIS CMS-1984
General inpatient mix
0.0%
Reported value2025
HCRIS CMS-1984
Respite mix
0.1%
Reported value2025
HCRIS CMS-1984
Total days of care
23,836 days
Reported value2025
HCRIS CMS-1984
CAHPS family caregiver rating (1–5 stars)
5
Reported value2025
CMS Hospice CAHPS

Trajectory

Cost-report basis · 6 reporting years
Operating margin
-7.5%-18.3%-14.4%-20.1%-31.4%-29.2%FY20FY21FY22FY23FY24FY25
Days cash on hand
42 days35 days47 days49 days37 days60 daysFY20FY21FY22FY23FY24FY25

State context

Longview, TX
Located in Longview, TX. 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)FY25Astrelis calculation

-29.2% operating margin in FY25.

The Board Briefing

Operating margin improved 2.2 points vs FY24 — the briefing traces why, line by line.

Reserve The Board Briefing →
Performance Benchmark Report

A facility-specific dollar comparison cannot be calculated because a valid same-year peer pool was not reported. The report still includes all available facility measures, peer benchmarks, and a source-coverage inventory.

Reserve Performance Benchmark Report →
Report coverage: Standard Facility Benchmark. 12 of 12 facility measures available from public sources. Every declared facility measure is available for this record, benchmarked against its same-year peer pools. 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
Reservation: invoice after coverage confirmation. No payment is collected on this site. Full refund if the published scope cannot be delivered.
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