Financial anchor year: FY23. Margin and revenue are as filed for FY23. Balance-sheet measures (current ratio, equity financing, days in A/R) use FY20, the latest filing whose balance sheet reconciled as filed. Every tile below states its own fiscal year; nothing is carried forward or estimated.
The read
A hospice in Ridgecrest, CA. It reported $0.3M of operating revenue. It held 31 days of cash on hand (53rd percentile among hospices on liquidity). Only a single comparable reporting year is available, so trend context is limited. These figures come from filings spanning FY20–FY23: read each by its own year rather than as one current picture.
Days cash on hand · FY23
31d
all sources
▼ 14.5 days vs FY22
vs hospices53rd pctl of 2,388 (FY23)
Hospice Care Index
7
Verified fact2023
Source: CMS Hospice Quality
Operating margin
Not available
vs hospices—
Total days of care
1131.0d
Verified fact2023
Source: HCRIS CMS-1984
Benchmarked within its own FY23 pool (n=3,338); the hospice cohort's current year is FY24.
Where RIDGECREST REGIONAL HOSPICE sits among hospices
Operating margin · FY23 pool · n = 3,338 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 -0.8%. Descriptive context only, not a ranking.
Benchmarked within its own FY23 pool (n=3,338); the hospice cohort's current year is FY24.
One hospiceRIDGECREST REGIONALhospice 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
-8.3% (FY23)
Net income ÷ total revenue incl. nonoperating
HCRIS WS G-3
Days cash on hand
31d (FY23)
Cash & investments ÷ daily operating expense
HCRIS WS G / G-3
Current ratio
2.53× (FY20)
Total current assets ÷ current liabilities
HCRIS WS G
Equity financing ratio
45% (FY20)
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 item
FY21
FY22
FY23
Patient revenue
400
334
263
Total operating revenue
400
334
263
Total operating expenses
163,752
171,631
171,097
Operating income
(163,352)
(171,298)
(170,835)
Operating margin %
-40838.0%
-51286.8%
-64956.3%
Other non-operating, net
164,938
153,637
157,737
Net income
1,586
(17,661)
(13,098)
Net income %
+1.0%
-11.5%
-8.3%
HCRIS CMS-1984 cost report · $ thousands · FY20–FY23 · 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
7
Verified fact2023
CMS Hospice Quality
Routine home care mix
100.0%
Verified fact2023
HCRIS CMS-1984
Total days of care
1131.0d
Verified fact2023
HCRIS CMS-1984
Continuous home care mix
0.0%
Verified fact2023
HCRIS CMS-1984
General inpatient mix
0.0%
Verified fact2023
HCRIS CMS-1984
Respite mix
0.0%
Verified fact2023
HCRIS CMS-1984
Trajectory
Cost-report basis · 4 reporting years
Operating margin
Days cash on hand
The county this hospice serves
Kern County, CA · metro, 250K–1M
Median household income
$67.7K
vs $82.1K US · $59.7K rural median
Poverty rate
19.0%
vs 12.5% US · 14.3% rural median
Uninsured
7.8%
vs 8.6% US · 8.4% rural median
Age 65+
11.6%
vs 16.8% US · 20.6% rural median
Fair or poor health
28.1%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 10.1% of county personal income is Medicare/Medicaid medical benefits; 23.3% arrives as government transfers (BEA, 2022).
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