What is SHIELDS HEALTHARE SERVICES INC?

SHIELDS HEALTHARE SERVICES INC is a Medicare-certified home health agency located in HOUSTON, TX (CCN 747678). Stetho tracks its CMS cost report financials, visit volume, and ownership chain for M&A targeting.

Where is SHIELDS HEALTHARE SERVICES INC located?

SHIELDS HEALTHARE SERVICES INC is located in HOUSTON, TX 77057.

How many visits does SHIELDS HEALTHARE SERVICES INC provide?

SHIELDS HEALTHARE SERVICES INC reported 1,042 total home health visits, with $327K in net patient revenue per its latest CMS cost report.

ACQUISITION SIGNALSHigh revenue per visit

HHA COST REPORT · CCN 747678 · FY 2023

SHIELDS HEALTHARE SERVICES INC

HOUSTON, TX 77057 · Fiscal year ending 2023-12-31

HHA

$327K

TOTAL REVENUE

−$118K

NET INCOME

-36.0%

MARGIN

1,042

TOTAL VISITS

01 — FINANCIAL

Financial summary

Net patient revenue: $327K
Total costs: $261K
Net income: −$118K
Operating margin: -36.0%
Total charges: $327K

02 — UTILIZATION

Utilization

Total visits: 1,042
Skilled nursing visits: 775
PT visits: 141
OT visits: 26
Aide visits: 87

03 — HISTORY

4-year trend

Year	Revenue	Net Income	Visits	Margin
2020	$480K	$1	—	0.0%
2021	$412K	$79K	—	19.1%
2022	$366K	−$11K	1,066	-3.1%
2023	$327K	−$118K	1,042	-36.0%

04 — OWNERSHIP

Ownership chain

Owner	Type	Ownership %	Since
ETOUKWU, KENNETH	I	—	2022-09-01
ETOUKWU, KENNETH	I	—	2022-09-01
ETOUKWU, KENNETH	I	—	2022-09-01
UGBAJA, CINDY	I	—	2010-12-05
UGBAJA, CINDY	I	—	2010-12-05
UGBAJA, CINDY	I	—	2010-12-05

CROSS-REFERENCE

Related data on other Healthparse brands

HCRIS.io

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PriceTransparency.io

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990Health

IRS Form 990 financials, executive compensation

CareLens

CMS quality ratings, inspections, staffing

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