Financial anchor year: FY23. Margin and revenue are as filed for FY23. Balance-sheet measures (current ratio, equity financing, days in A/R) use FY21, 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 Morgan Hill, CA. It ran an operating surplus of 28.7% in FY23 on $0.2M of operating revenue. It held 20 days of cash on hand (42nd percentile of 2,916 hospices on liquidity, FY23 pool). 4 reporting years are on file, but revenue scale shifts too much between them for a like-for-like trend, so trend context is limited. It carries an average daily census of 0.
Average daily census
0
Reported value2023
Source: CMS Hospice
Days cash on hand · FY23
20d
all sources
Astrelis calculation · as-filed inputs
vs hospices42nd pctl of 2,916 (FY23 pool)
pool: this metric's own fiscal year · excludes historical, non-panel, and out-of-range values
Operating margin · FY23
+28.7%
Astrelis calculation · as-filed inputs
vs hospices92nd pctl of 3,634 (FY23 pool)
pool: this metric's own fiscal year · excludes historical, non-panel, and out-of-range values
Total days of care
203 days
Reported value2023
Source: HCRIS CMS-1984
Where MAJESTIC HOSPICE & sits among hospices
Operating margin · FY23 pool · n = 3,634 of 3,933 filed
Each point is one hospice in the national FY23 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 FY23 median is -3.1%. Descriptive context only, not a ranking.
One hospiceMAJESTIC HOSPICEhospice 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
+28.7% (FY23)
Operating income ÷ total operating revenue
Astrelis calculation · HCRIS WS G-3
Total margin
+28.7% (FY23)
Net income ÷ total revenue incl. nonoperating
Astrelis calculation · HCRIS WS G-3
Days cash on hand
20d (FY23)
Cash & investments ÷ daily operating expense
Astrelis calculation · HCRIS WS G / G-3
Current ratio
Not reported in source
Total current assets ÷ current liabilities
Astrelis calculation · HCRIS WS G
Equity financing ratio
90% (FY21)
Total net assets ÷ total assets
Astrelis calculation · HCRIS WS G
Days in net patient A/R
Not reported in source
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
Astrelis calculation · HCRIS WS G / G-3
$ in thousands
Line item
FY21
FY22
FY23
Patient revenue
417
213
158
Total operating revenue
417
213
158
Total operating expenses
326
208
113
Operating income
91
5
45
Operating margin %
+21.9%
+2.5%
+28.7%
Other non-operating, net
22
22
0
Net income
113
27
45
Net income %
+25.8%
+11.6%
+28.7%
— = Not reported in source for that year.
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 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.
Average daily census
0
Reported value2023
CMS Hospice
Routine home care mix
100.0%
Reported value2023
HCRIS CMS-1984
Total days of care
203 days
Reported value2023
HCRIS CMS-1984
Continuous home care mix
0.0%
Reported value2023
HCRIS CMS-1984
General inpatient mix
0.0%
Reported value2023
HCRIS CMS-1984
Respite mix
0.0%
Reported value2023
HCRIS CMS-1984
Trajectory
Cost-report basis · 4 reporting years
Operating margin
Days cash on hand
The county this hospice serves
Santa Clara County, CA · metro, 1M+ population
Median household income
$159.7K
vs $82.1K US · $59.7K rural median
Poverty rate
6.9%
vs 12.5% US · 14.3% rural median
Uninsured
4.0%
vs 8.6% US · 8.4% rural median
Age 65+
14.4%
vs 16.8% US · 20.6% rural median
Fair or poor health
16.1%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 3.3% of county personal income is Medicare/Medicaid medical benefits; 7.0% arrives as government transfers (BEA, 2022).
Operating margin vs its peer poolFY23Astrelis 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: FY23 pool · n = 3,634.
Report coverage: Limited Facility Benchmark. 10 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.
The Board Briefing
Your facility and its world, board-ready. Measures the public record does not carry become findings, never a decline reason.
$1,000delivered within 2 business days of invoice
Reservation: invoice after coverage confirmation. No payment is collected on this site.
