What is ULTIMATE THERAPY SERVICES?

ULTIMATE THERAPY SERVICES is a Medicare-certified home health agency located in HOUSTON, TX (CCN 677999). Stetho tracks its CMS cost report financials, visit volume, and ownership chain for M&A targeting.

Where is ULTIMATE THERAPY SERVICES located?

ULTIMATE THERAPY SERVICES is located in HOUSTON, TX 77063.

How many visits does ULTIMATE THERAPY SERVICES provide?

ULTIMATE THERAPY SERVICES reported 1,095 total home health visits, with $243K in net patient revenue per its latest CMS cost report.

HHA COST REPORT · CCN 677999 · FY 2023

ULTIMATE THERAPY SERVICES

HOUSTON, TX 77063 · Fiscal year ending 2023-12-31

HHA

$243K

TOTAL REVENUE

$10K

NET INCOME

4.3%

MARGIN

1,095

TOTAL VISITS

01 — FINANCIAL

Financial summary

Net patient revenue: $243K
Total costs: $356K
Net income: $10K
Operating margin: 4.3%
Total charges: $243K

02 — UTILIZATION

Utilization

Total visits: 1,095
Skilled nursing visits: 854
PT visits: 180
OT visits: 61
Aide visits: —

03 — HISTORY

4-year trend

Year	Revenue	Net Income	Visits	Margin
2020	$2.1M	$1.8M	—	87.6%
2021	$2.5M	$2.3M	—	90.6%
2022	$305K	$72K	1,420	23.7%
2023	$243K	$10K	1,095	4.3%

04 — OWNERSHIP

Ownership chain

Owner	Type	Ownership %	Since
AKALUSO, NNEAMAKA	I	100%	2016-07-25
UC ULTIMATE THERAPY SERVICES INC	O	100%	2012-01-01
AKALUSO, NNEAMAKA	I	—	2016-07-25
AKALUSO, NNEAMAKA	I	—	2016-07-25
AKALUSO, NNEAMAKA	I	—	2005-01-04

CROSS-REFERENCE

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HCRIS.io

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990Health

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CareLens

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