A hospice in Carrollton, TX. It ran an operating loss of 30.2% in FY23 on $0.5M of operating revenue. It held 53 days of cash on hand (65th 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 12.
Average daily census
12
Verified fact2023
Source: CMS Hospice
Hospice Care Index
10
Verified fact2023
Source: CMS Hospice Quality
Operating margin · FY23
-30.2%
vs hospices16th pctl of 3,338 (FY23)
Total days of care
2970.0d
Verified fact2023
Source: HCRIS CMS-1984
Benchmarked within its own FY23 pool (n=3,338); the hospice cohort's current year is FY24.
Where PEACE VALLEY 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 hospicePEACE VALLEYhospice 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
-30.2% (FY23)
Operating income ÷ total operating revenue
HCRIS WS G-3
Total margin
-30.2% (FY23)
Net income ÷ total revenue incl. nonoperating
HCRIS WS G-3
Days cash on hand
53d (FY23)
Cash & investments ÷ daily operating expense
HCRIS WS G / G-3
Current ratio
0.71× (FY23)
Total current assets ÷ current liabilities
HCRIS WS G
Equity financing ratio
340% (FY23)
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
FY21
FY22
FY23
Patient revenue
2,049
2,916
529
Total operating revenue
2,049
2,916
529
Total operating expenses
1,928
3,978
689
Operating income
121
(1,062)
(160)
Operating margin %
+5.9%
-36.4%
-30.2%
Other non-operating, net
0
0
0
Net income
121
(1,062)
(160)
Net income %
+5.9%
-36.4%
-30.2%
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
A condensed balance sheet is not shown for this hospice: the public cost report does not carry substantive balance-sheet detail (assets, liabilities, and net assets that reconcile) for this provider. The income statement and ratio exhibit above are the reliable financial view here. We lead with those rather than render a hollow table.
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
10
Verified fact2023
CMS Hospice Quality
Average daily census
12
Verified fact2023
CMS Hospice
Routine home care mix
99.8%
Verified fact2023
HCRIS CMS-1984
Continuous home care mix
0.1%
Verified fact2023
HCRIS CMS-1984
General inpatient mix
0.2%
Verified fact2023
HCRIS CMS-1984
Respite mix
0.0%
Verified fact2023
HCRIS CMS-1984
Total days of care
2970.0d
Verified fact2023
HCRIS CMS-1984
Trajectory
Cost-report basis · 4 reporting years
Operating margin
Days cash on hand
The county this hospice serves
Denton County, TX · metro, 1M+ population
Median household income
$108.2K
vs $82.1K US · $59.7K rural median
Poverty rate
7.0%
vs 12.5% US · 14.3% rural median
Uninsured
10.8%
vs 8.6% US · 8.4% rural median
Age 65+
11.2%
vs 16.8% US · 20.6% rural median
Fair or poor health
15.6%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 3.3% of county personal income is Medicare/Medicaid medical benefits; 9.3% arrives as government transfers (BEA, 2022).
Opportunity screen · FY23
≈ $202K
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.
FY23 has not yet reached pool validity: benchmarked against the FY24 pool (n=4,349).
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