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HOSPICE · CCN 361683
ABSOLUTE HOSPICE INC
NORTH CANTON, OH 44720
HospiceFor-Profit
$7.9M
TOTAL REVENUE
-56.8%
OPERATING MARGIN
3 / 5
CAREGIVER SURVEY
67
QUALITY MEASURES
13
OWNERS
01 — FINANCIAL
Cost report financials (FY2024)
- Net patient revenue
- $7.9M
- Total costs
- $12.4M
- Operating income (rev − costs)
- −$4.5M
- Operating margin
- -56.8%
- Total charges
- $8.1M
- Total days of care
- 48,249
- Unduplicated patients
- —
Source: CMS hospice cost reports. Operating margin = (net patient revenue − total costs) / net patient revenue.
02 — QUALITY MEASURES
67 quality measures
| Measure | Score | Denominator | Period |
|---|---|---|---|
Average Daily Census Average_Daily_Census | 124 | — | — |
Hospice served at least 1 patient with both Medicare and Medicaid coverage during one year Bene_Dual_Pct | Yes | — | — |
Hospice served at least 1 patient enrolled in Medicare Advantage during one year Bene_MA_Pct | Yes | — | — |
Care Provided in Assisted Living Facility Care_Provided_Assisted_Living | 17 | — | — |
Care Provided in Home Care_Provided_Home | 8 | — | — |
Care Provided in Inpatient Hospice Facility Care_Provided_Inpatient_Hospice | 0 | — | — |
Care Provided in Inpatient Hospital Facility Care_Provided_Inpatient_Hospital | 0 | — | — |
Care Provided in Nursing Facility Care_Provided_Nursing_Facility | 75 | — | — |
Care Provided in All other locations Care_Provided_other_locations | 0 | — | — |
Care Provided in Skilled Nursing Facility Care_Provided_Skilled_Nursing | 0 | — | — |
H_001_01_DENOMINATOR H_001_01_DENOMINATOR | 434 | — | — |
Hospice and Palliative Care Treatment Preferences H_001_01_OBSERVED | 100 | — | — |
H_002_01_DENOMINATOR H_002_01_DENOMINATOR | 434 | — | — |
Beliefs & Values Addressed (if desired by the patient) H_002_01_OBSERVED | 99.8 | — | — |
H_003_01_DENOMINATOR H_003_01_DENOMINATOR | 434 | — | — |
Hospice and Palliative Care Pain Screening H_003_01_OBSERVED | 99.1 | — | — |
H_004_01_DENOMINATOR H_004_01_DENOMINATOR | 201 | — | — |
Hospice and Palliative Care Pain Assessment H_004_01_OBSERVED | 98.5 | — | — |
H_005_01_DENOMINATOR H_005_01_DENOMINATOR | 434 | — | — |
Hospice and Palliative Care Dyspnea Screening H_005_01_OBSERVED | 100 | — | — |
H_006_01_DENOMINATOR H_006_01_DENOMINATOR | 177 | — | — |
Hospice and Palliative Care Dyspnea Treatment H_006_01_OBSERVED | 93.8 | — | — |
H_007_01_DENOMINATOR H_007_01_DENOMINATOR | 126 | — | — |
Patient Treated with an Opioid Who Are Given a Bowel Regimen H_007_01_OBSERVED | 98.4 | — | — |
H_008_01_DENOMINATOR H_008_01_DENOMINATOR | 434 | — | — |
Hospice and Palliative Care Composite Process Measure H_008_01_OBSERVED | 95.2 | — | — |
Hospice Visits in the Last Days of Life H_011_01_DENOMINATOR | 583 | — | — |
Hospice Visits in the Last Days of Life H_011_01_OBSERVED | 59.2 | — | — |
Hospice Care Index Overall Score H_012_00_OBSERVED | 10 | — | — |
CHC/GIP provided (% days) H_012_01_DENOMINATOR | 88534 | — | — |
CHC/GIP provided (% days) H_012_01_OBSERVED | 0 | — | — |
CHC/GIP provided (% days) H_012_01_PERCENTILE | 52 | — | — |
Gaps in nursing visits (% elections) H_012_02_DENOMINATOR | 465 | — | — |
Gaps in nursing visits (% elections) H_012_02_OBSERVED | 52.9 | — | — |
Gaps in nursing visits (% elections) H_012_02_PERCENTILE | 50 | — | — |
Early live discharges (% live discharges) H_012_03_DENOMINATOR | 69 | — | — |
Early live discharges (% live discharges) H_012_03_OBSERVED | 4.3 | — | — |
Early live discharges (% live discharges) H_012_03_PERCENTILE | 35 | — | — |
Late live discharges (% live discharges) H_012_04_DENOMINATOR | 69 | — | — |
Late live discharges (% live discharges) H_012_04_OBSERVED | 46.4 | — | — |
Late live discharges (% live discharges) H_012_04_PERCENTILE | 75 | — | — |
Burdensome transitions, Type 1(% live discharges) H_012_05_DENOMINATOR | 69 | — | — |
Burdensome transitions, Type 1 (% live discharges) H_012_05_OBSERVED | 10.1 | — | — |
Burdensome transitions, Type 1 (% live discharges) H_012_05_PERCENTILE | 65 | — | — |
Burdensome transitions, Type 2(% live discharges) H_012_06_DENOMINATOR | 69 | — | — |
Burdensome transitions, Type 2 (% live discharges) H_012_06_OBSERVED | 1.4 | — | — |
Burdensome transitions, Type 2 (% live discharges) H_012_06_PERCENTILE | 55 | — | — |
Per-beneficiary spending (U.S. dollars $) H_012_07_DENOMINATOR | 898 | — | — |
Per-beneficiary spending (U.S. dollars $) H_012_07_OBSERVED | 15849 | — | — |
Per-beneficiary spending (U.S. dollars $) H_012_07_PERCENTILE | 38 | — | — |
Nurse care minutes per routine home care days (minutes) H_012_08_DENOMINATOR | 88460 | — | — |
Nurse care minutes per routine home care days (minutes) H_012_08_OBSERVED | 10.2 | — | — |
Nurse care minutes per routine home care days (minutes) H_012_08_PERCENTILE | 27 | — | — |
Skilled nursing minutes on weekends (% minutes) H_012_09_DENOMINATOR | 904560 | — | — |
Skilled nursing minutes on weekends (% minutes) H_012_09_OBSERVED | 5.7 | — | — |
Skilled nursing minutes on weekends (% minutes) H_012_09_PERCENTILE | 23 | — | — |
Visits near death (% decedents) H_012_10_DENOMINATOR | 700 | — | — |
Visits near death (% decedents) H_012_10_OBSERVED | 90.9 | — | — |
Visits near death (% decedents) H_012_10_PERCENTILE | 35 | — | — |
Percent of Patients with Cancer Pct_Pts_w_Cancer | 7 | — | — |
Percent of Patients with Circulatory/heart disease Pct_Pts_w_Circ_Heart_Disease | 19 | — | — |
Percent of Patients with Dementia Pct_Pts_w_Dementia | 49 | — | — |
Percent of Patients with Other Conditions Pct_Pts_w_other_conditions | 9 | — | — |
Percent of Patients with Respiratory disease Pct_Pts_w_Resp_Disease | 8 | — | — |
Percent of Patients with Stroke Pct_Pts_w_Stroke | 8 | — | — |
Provided Routine Home Care and other levels of care Provided_Home_Care_and_other | Yes | — | — |
Provided Routine Home Care only Provided_Home_Care_only | No | — | — |
03 — OWNERSHIP
Ownership chain
| Owner | Type | Ownership % | Since |
|---|---|---|---|
| THE SCHROER GROUP, INC. | O | 100% | 2020-05-18 |
| TSG ANCILLIARIES, INC | O | 100% | 2002-12-13 |
| SUSANNE SCHROER DYNASTY TRUST U/A | O | 41% | 2020-05-18 |
| GERALD F SCHROER DYNASTY TR UA 12312009 FBO ANDREW M SCHROER | O | 10% | 2015-12-15 |
| GERALD F SCHROER DYNASTY TR UA 12312009 FBO GERALD F SCHROER JR | O | 10% | 2015-12-15 |
| GERALD F SCHROER DYNASTY TR UA 12312009 FBO MATTHEW SCHROER | O | 10% | 2020-05-18 |
| GERALD F SCHROER DYNASTY TR UA 12312009 MARGARET S GOODMAN | O | 10% | 2015-12-15 |
| FILM, GEORGE | I | — | 2020-05-18 |
| HULL, JODI | I | — | 2004-11-01 |
| MCCONNELL, MICHAEL | I | — | 2024-09-18 |
| MCCONNELL, MICHAEL | I | — | 2014-01-01 |
| MCCONNELL, MICHAEL | I | — | 2022-06-01 |
| NUTTER, ORIAN | I | — | 2009-12-01 |