Hospice Benchmark

Mississippi hospices with 20,000-60,000 patient days: cost per day, margin and cost shares vs 28 peers

30 freestanding hospices in Mississippi with 20,000-60,000 patient days filed a usable FY2025 cost report. Their median total expenses are $154.00 per patient day (quartiles $144.50 to $171.10) against revenue of $188.64; median net margin 19.1% and 7.1% reported a loss. Salaries are 45.5% of total cost at the median, direct nursing 18.1%, administrative and general 26.6%.

Source: CMS HCRIS hospice cost report public use files (Form CMS-1984-14, public domain), FY2025 file, one latest usable report per CCN; universe = freestanding hospices with a usable Medicare cost report in the FY2025 file; fiscal years ending 2025-03-13 to 2026-06-30. Medians over hospices with plausible per-day figures (cost per day USD 40-1,000 and net margin within ±60%; the rest are counted but excluded from medians as likely reporting-unit errors). Per-day figures divide Worksheet F-2 totals by S-1 total patient days; cost shares come from Worksheet A column 7 over line 100. Data as of 2026-11-09.

Medians here (bar) vs 20,000-60,000 patient days hospices nationally (mark):

Total expenses / day
$154.00 vs $176.43
Total revenue / day
$188.64 vs $202.40
Net margin
19.1% vs 12.0%
Medicare share of days
95.4% vs 95.3%
Salaries % of cost
45.5% vs 49.5%
Nursing % of cost
18.1% vs 20.5%
Admin & general % of cost
26.6% vs 27.8%
MetricMedianNote
Hospices in the file30
With plausible per-day figures (medians below)28cost/day USD 40-1,000 and |margin| ≤ 60%
Nonprofit0
Median patient days28,744
Total revenue per patient day$188.64
Total expenses per patient day$154.00quartiles $144.50 – $171.10
Net margin19.1%quartiles 11.2% – 25.2%
Reporting a net loss7.1%
Medicare share of patient days95.4%
Routine home care share of days99.5%
Salaries % of total cost45.5%Worksheet A
RN + LPN + NP cost % of total18.1%
Hospice aide cost % of total5.6%
Administrative & general % of total cost26.6%line 4, before step-down
General service cost centres % of total51.1%lines 1-16
Pharmacy + drugs per patient day$5.55

Where your hospice sits

Type your CCN or name: your figures against these 28 Mississippi hospices, free, in your browser (the CCN is never sent to us). The USD 99 report then names the 10 closest.

The paid report

USD 99, one time: a Mississippi hospice with 20,000-60,000 patient days vs the 10 closest named freestanding hospices (same state and patient-day band, nearest by days; census region or national pool stated when the state has fewer than 10): revenue and cost per patient day, net margin, Medicare and Medicaid day share, level-of-care mix, salary / nursing / aide / administrative / general-service shares of cost, drugs and DME per day, advertising share, each with your percentile in the full pool, and a Care Compare link per peer. Emailed within 1 business day. One free re-run within 14 days if a peer does not fit.

Get the report — USD 99 With 5-year trend — USD 149

USD 149 adds the five-year trend page: your hospice each cost-report year FY2020-2025 against that year's state median in your band, plus the Care Compare listing details. Full refund if no peer group can be formed. See the real sample.

20,000-60,000 patient days in other states

Alabama (30) · Arizona (41) · Arkansas (16) · California (145) · Florida (11) · Georgia (54) · Idaho (10) · Illinois (26) · Indiana (40) · Iowa (10) · Kansas (17) · Louisiana (41) · Massachusetts (23) · Michigan (51) · Missouri (40) · Nebraska (14) · Nevada (15) · New Jersey (24) · New Mexico (12) · New York (11) · North Carolina (14) · Ohio (53) · Oklahoma (47) · Oregon (20) · Pennsylvania (49) · Puerto Rico (10) · South Carolina (26) · Tennessee (17) · Texas (205) · Utah (17) · Virginia (30) · Washington (12) · Wisconsin (22)

Other bands in Mississippi

5,000-20,000 patient days (24)