Hospice Pro Forma
Healthcare Excel Template (Free Download)
Convert admissions, length of stay, care-level mix, reimbursement, and hospice staffing into a projected provider output.
professionals from Deloitte
About this pro forma
This pro forma presents projected operating and valuation results for a Medicare-certified hospice. The underlying Excel model is the engine: admissions and average length of stay create patient days and census, care-level per diems create revenue, and the Medicare Hospice Aggregate Cap, interdisciplinary staffing, supplies, overhead, working capital, and capex flow through the projected statements.
Use the output to assess case-mix risk, cap overage exposure, staffing productivity, cash flow, and intrinsic value.
What every model includes
Live formulas, no hardcoded values
Outputs are driven by live formulas, so the workbook updates from its assumptions instead of relying on hardcoded results.
All assumptions in one tab
Inputs are clearly marked in the Assumptions tab and separated from calculations, making it clear what to change and what to leave intact.
Statements always balancing
For integrated-statement models, the balance sheet, cash flow, and supporting schedules tie through properly.
Distinct schedules for clarity
Debt, working capital, taxes, and cash flow can get messy quickly. We group calculations in clear schedules, not across disconnected tabs.
No hidden macros or external links
There are no unexplained external workbook links or macros to undermine auditability or portability.
Changes flow through the model
Update a key driver and see the impact carry through the forecast, financing, and return outputs. We never use hardcoded numbers in formulas.
What's inside the Hospice Pro Forma
- Projected admissions, ALOS, patient days, and average daily census
- Projected revenue by level of care and Medicare cap recoupment
- Projected interdisciplinary team staffing and hospice-specific costs
- Projected EBITDA, EBIT, tax, and net patient income
- Projected claims receivable, capex, unlevered free cash flow, and DCF
- Projected cap overage, margins, valuation, and trend dashboard
Formatted to IB standards
Named theme colors repaint the whole workbook in one click, on top of an investment-banking structure with clear input, output, and cross-sheet reference styling - brand-ready, institutional-grade, and fully auditable.
Created by ex-finance professionals
Hey, I’m Alex and I created Finamodel.
Over my years in the finance industry I kept building the same models over and over again. Same structure, same assumptions, different logo. So I started building frameworks to turn them into clean, reusable templates.
Every model here is one I’d actually use for a client, and I personally vet each one before it goes up.
I’m not an expert in every industry, but I’ve built enough models to know what belongs in one. And when something is completely foreign to me, I reach out to my network for experts to work on our models with us.
Having a template library on hand cuts a first build from hours to minutes.
Need help finding your model? You’ll find me in the Finamodel app!
Frequently asked
What does the hospice pro forma project?+
It projects admissions, patient days, care-level revenue, staffing costs, Medicare cap effects, profitability, cash flow, and valuation.
Why does the Medicare cap matter?+
The model projects any regulatory recoupment when Medicare payments exceed the aggregate cap, reducing net patient revenue in the relevant year.
How is hospice staffing projected?+
Clinical and support staffing is derived from average daily census, caseload ratios, wages, and benefits.
Can I test case-mix changes?+
Yes. Flex admissions, ALOS, referral mix, per diems, cap assumptions, staffing, and reimbursement inputs in Excel.
Have more financial modelling questions? Contact us
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