Tennessee hospices with 60,000+ patient days: cost per day, margin and cost shares vs 6 peers
12 freestanding hospices in Tennessee with 60,000+ patient days filed a usable FY2025 cost report. Their median total expenses are $184.65 per patient day (quartiles $151.00 to $207.60) against revenue of $214.97; median net margin 15.2% and 0.0% reported a loss. Salaries are 49.6% of total cost at the median, direct nursing 20.4%, administrative and general 28.6%.
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 60,000+ patient days hospices nationally (mark):
| Metric | Median | Note |
|---|---|---|
| Hospices in the file | 12 | |
| With plausible per-day figures (medians below) | 6 | cost/day USD 40-1,000 and |margin| ≤ 60% |
| Nonprofit | 1 | |
| Median patient days | 93,193 | |
| Total revenue per patient day | $214.97 | |
| Total expenses per patient day | $184.65 | quartiles $151.00 – $207.60 |
| Net margin | 15.2% | quartiles 0.8% – 22.3% |
| Reporting a net loss | 0.0% | |
| Medicare share of patient days | 94.9% | |
| Routine home care share of days | 98.8% | |
| Salaries % of total cost | 49.6% | Worksheet A |
| RN + LPN + NP cost % of total | 20.4% | |
| Hospice aide cost % of total | 4.8% | |
| Administrative & general % of total cost | 28.6% | line 4, before step-down |
| General service cost centres % of total | 50.5% | lines 1-16 |
| Pharmacy + drugs per patient day | $5.12 |
Where your hospice sits
Type your CCN or name: your figures against these 6 Tennessee 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 Tennessee hospice with 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.
60,000+ patient days in other states
Alabama (19) · Arizona (17) · California (40) · Colorado (13) · Florida (41) · Georgia (25) · Illinois (27) · Indiana (11) · Michigan (21) · Minnesota (14) · Missouri (12) · New Jersey (12) · North Carolina (20) · Ohio (26) · Pennsylvania (12) · South Carolina (14) · Texas (56) · Virginia (11) · Wisconsin (13)
Other bands in Tennessee
5,000-20,000 patient days (10) · 20,000-60,000 patient days (17)