What is BOONE MEMORIAL HOMECARE?

BOONE MEMORIAL HOMECARE is a Medicare-certified home health agency located in DANVILLE, WV (CCN 517097). Stetho tracks its CMS cost report financials, visit volume, and ownership chain for M&A targeting.

Where is BOONE MEMORIAL HOMECARE located?

BOONE MEMORIAL HOMECARE is located in DANVILLE, WV 29053-7148.

How many visits does BOONE MEMORIAL HOMECARE provide?

BOONE MEMORIAL HOMECARE reported 14,738 total home health visits, with $3.0M in net patient revenue per its latest CMS cost report.

HHA COST REPORT · CCN 517097 · FY 2023

BOONE MEMORIAL HOMECARE

DANVILLE, WV 29053-7148 · Fiscal year ending 2023-12-31

HHA

$3.0M

TOTAL REVENUE

$400K

NET INCOME

13.4%

MARGIN

14,738

TOTAL VISITS

01 — FINANCIAL

Financial summary

Net patient revenue: $3.0M
Total costs: $2.3M
Net income: $400K
Operating margin: 13.4%
Total charges: $3.0M

02 — UTILIZATION

Utilization

Total visits: 14,738
Skilled nursing visits: 8,061
PT visits: 6,677
OT visits: —
Aide visits: —

03 — HISTORY

4-year trend

Year	Revenue	Net Income	Visits	Margin
2020	—	$154	—	—
2021	—	$57	—	—
2022	$3.6M	$217K	19,094	6.0%
2023	$3.0M	$400K	14,738	13.4%

04 — OWNERSHIP

Ownership chain

Owner	Type	Ownership %	Since
LHC GROUP, INC	O	100%	2007-08-01
UNITEDHEALTH GROUP INCORPORATED	O	100%	2023-02-22
WEST VIRGINIA HEALTH CARE GROUP, LLC	O	100%	2013-04-01
ADKINS, KRISTEN	I	0%	2024-05-23
LHC GROUP, INC	O	—	2007-08-01
PROFFITT, JOSHUA	I	—	2019-12-31

CROSS-REFERENCE

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HCRIS.io

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990Health

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CareLens

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