Astrelis
Hospice · Richmond, VA

ADVANCE CARE HOSPICE LLC

CCN 491651Richmond cityLatest FY 2024
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
The read

A hospice in Richmond, VA. It reported $0.4M of operating revenue. It held 7 days of cash on hand. Only a single comparable reporting year is available, so trend context is limited.

Days cash on hand · FY24
7d
all sources
vs hospices
Total operating revenue · FY24
$0.4M
vs hospices
Operating margin
Not available
vs hospices
Total days of care
2353.0d
Verified fact2024
Source: HCRIS CMS-1984

Where ADVANCE CARE HOSPICE 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.

-20%-10%0%+10%+20%hospice median +0.08499999999999999%-20%0%+20%hospice median +0.08499999999999999%
One hospiceADVANCE CAREhospice 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
Not reported in this filing
Operating income ÷ total operating revenue
HCRIS WS G-3
Total margin
Not reported in this filing
Net income ÷ total revenue incl. nonoperating
HCRIS WS G-3
Days cash on hand
7d (FY24)
Cash & investments ÷ daily operating expense
HCRIS WS G / G-3
Current ratio
0.42× (FY24)
Total current assets ÷ current liabilities
HCRIS WS G
Equity financing ratio
93% (FY24)
Total net assets ÷ total assets
HCRIS WS G
Days in net patient A/R
Not shown, outside plausibility bounds
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
HCRIS WS G / G-3
$ in thousands
Line itemFY23FY24
Patient revenue463407
Total operating revenue463407
Total operating expenses1,1591,185
Operating income(696)(777)
Operating margin %-150.3%-190.9%
Net income(696)(777)
Net income %-150.3%-190.9%
2 of 3 years available for this statement.
HCRIS CMS-1984 cost report · $ thousands · FY23–FY24 · patient-service operating basis; non-patient revenue (contributions, investment) is non-operating

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.

Routine home care mix
99.6%
Verified fact2024
HCRIS CMS-1984
General inpatient mix
0.0%
Verified fact2024
HCRIS CMS-1984
Respite mix
0.4%
Verified fact2024
HCRIS CMS-1984
Total days of care
2353.0d
Verified fact2024
HCRIS CMS-1984
Continuous home care mix
0.0%
Verified fact2024
HCRIS CMS-1984

Trajectory

Cost-report basis · 2 reporting years
Operating margin
Not available
Days cash on hand
24 days7 daysFY23FY24

The county this hospice serves

Richmond city, VA
Median household income
$62.7K
vs $82.1K US · $59.7K rural median
Poverty rate
18.8%
vs 12.5% US · 14.3% rural median
Uninsured
9.8%
vs 8.6% US · 8.4% rural median
Age 65+
13.6%
vs 16.8% US · 20.6% rural median
Fair or poor health
19.7%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 9.7% of county personal income is Medicare/Medicaid medical benefits; 17.8% arrives as government transfers (BEA, 2022).
Opportunity screen · FY24
$410K

of annual opportunity identified against peer medians across 2 measures

Directional, conservative band. Arithmetic against matched-peer medians from public filings, not a projection; public data cannot fully control for patient acuity.
See what's behind this number in the Performance Benchmark →

Hospice Performance Benchmark$2,500Founding Edition

Where this facility is underperforming its matched peer cohort and what that gap is worth, measure by measure. Founding Edition: delivered within 30 days of eligibility confirmation, full refund if the published scope cannot be delivered.

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