ACQUISITION SIGNALSLow census (turnaround opportunity)
SNF COST REPORT · CCN 045217 · FY 2023
THE SPRINGS OF AVALON
WEST MEMPHIS, AR 72301 · Fiscal year ending 2023-12-31
155 bedsSNF
$492K
TOTAL REVENUE
−$21K
OPERATING INCOME
-4.2%
OPERATING MARGIN
155
TOTAL BEDS
203
DISCHARGES
01 — FINANCIAL
Financial summary
- Net patient revenue
- $492K
- Total costs
- $513K
- Operating income (rev − costs)
- −$21K
- Operating margin
- -4.2%
- Total charges
- $116K
02 — UTILIZATION
Utilization
- Total beds
- 155
- Total inpatient days
- 25,958
- Medicare days (Title XVIII)
- 1,263
- Medicaid days (Title XIX)
- 18,924
- Total discharges
- 203
03 — HISTORY
7-year trend
| Year | Revenue | Operating Income | Beds | Margin |
|---|---|---|---|---|
| 2017 | $4.8M | −$637K | 155 | -13.3% |
| 2018 | $4.3M | −$1.1M | 155 | -26.2% |
| 2019 | $4.4M | −$1.2M | 155 | -27.7% |
| 2020 | $3.9M | −$2.1M | 155 | -54.1% |
| 2021 | $5.1M | $331K | 155 | 6.5% |
| 2022 | $1.4M | $776K | 155 | 56.4% |
| 2023 | $492K | −$21K | 155 | -4.2% |