Financial anchor year: FY22. Margin and revenue are as filed for FY22. 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 Westlake Village, CA. It ran an operating surplus of 19.5% in FY22 on $0.5M of operating revenue. It held 39 days of cash on hand (56th percentile among hospices on liquidity). Only a single comparable reporting year is available, so trend context is limited. It carries an average daily census of 2.
Average daily census
2
Verified fact2022
Source: CMS Hospice
Hospice Care Index
9
Verified fact2022
Source: CMS Hospice Quality
Operating margin · FY22
+19.5%
vs hospices83rd pctl of 3,198 (FY22)
Total days of care
1868.0d
Verified fact2022
Source: HCRIS CMS-1984
Benchmarked within its own FY22 pool (n=3,198); the hospice cohort's current year is FY24.
Where 24-7 QUALITY HOSPICE sits among hospices
Operating margin · FY22 pool · n = 3,198 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 -1.3%. Descriptive context only, not a ranking.
Benchmarked within its own FY22 pool (n=3,198); the hospice cohort's current year is FY24.
One hospice24-7 QUALITYhospice 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
+19.5% (FY22)
Operating income ÷ total operating revenue
HCRIS WS G-3
Total margin
+19.5% (FY22)
Net income ÷ total revenue incl. nonoperating
HCRIS WS G-3
Days cash on hand
39d (FY22)
Cash & investments ÷ daily operating expense
HCRIS WS G / G-3
Current ratio
5.28× (FY20)
Total current assets ÷ current liabilities
HCRIS WS G
Equity financing ratio
65% (FY20)
Total net assets ÷ total assets
HCRIS WS G
Days in net patient A/R
Not reported in this filing
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
HCRIS WS G / G-3
$ in thousands
Line item
FY20
FY21
FY22
Patient revenue
568
270
463
Total operating revenue
568
270
463
Total operating expenses
296
434
373
Operating income
272
(163)
90
Operating margin %
+47.9%
-60.4%
+19.4%
Other non-operating, net
0
3
0
Net income
272
(160)
90
Net income %
+47.9%
-58.6%
+19.4%
HCRIS CMS-1984 cost report · $ thousands · FY20–FY22 · 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
9
Verified fact2022
CMS Hospice Quality
Average daily census
2
Verified fact2022
CMS Hospice
Routine home care mix
99.6%
Verified fact2022
HCRIS CMS-1984
Continuous home care mix
0.4%
Verified fact2022
HCRIS CMS-1984
Total days of care
1868.0d
Verified fact2022
HCRIS CMS-1984
General inpatient mix
0.0%
Verified fact2022
HCRIS CMS-1984
Respite mix
0.0%
Verified fact2022
HCRIS CMS-1984
Trajectory
Cost-report basis · 3 reporting years
Operating margin
Days cash on hand
The county this hospice serves
Ventura County, CA · metro, 250K–1M
Median household income
$107.3K
vs $82.1K US · $59.7K rural median
Poverty rate
9.0%
vs 12.5% US · 14.3% rural median
Uninsured
7.9%
vs 8.6% US · 8.4% rural median
Age 65+
16.9%
vs 16.8% US · 20.6% rural median
Fair or poor health
21.9%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 6.5% of county personal income is Medicare/Medicaid medical benefits; 15.3% arrives as government transfers (BEA, 2022).
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