ACQUISITION SIGNALSHigh census (stable)
SNF COST REPORT · CCN 045354 · FY 2023
FIANNA HILLS NURSING & REHAB CENTER
FT SMITH, AR 72908 · Fiscal year ending 2023-12-31
102 bedsSNF
$1.5M
TOTAL REVENUE
$83K
OPERATING INCOME
5.5%
OPERATING MARGIN
102
TOTAL BEDS
582
DISCHARGES
01 — FINANCIAL
Financial summary
- Net patient revenue
- $1.5M
- Total costs
- $1.4M
- Operating income (rev − costs)
- $83K
- Operating margin
- 5.5%
- Total charges
- $2.4M
02 — UTILIZATION
Utilization
- Total beds
- 102
- Total inpatient days
- 34,123
- Medicare days (Title XVIII)
- 4,897
- Medicaid days (Title XIX)
- 14,827
- Total discharges
- 582
03 — HISTORY
7-year trend
| Year | Revenue | Operating Income | Beds | Margin |
|---|---|---|---|---|
| 2017 | $5.8M | −$2.0M | 102 | -33.9% |
| 2018 | $5.8M | −$2.4M | 102 | -40.7% |
| 2019 | $6.3M | −$1.7M | 102 | -26.5% |
| 2020 | $5.8M | −$2.6M | 102 | -44.6% |
| 2021 | $5.1M | −$2.9M | 102 | -57.2% |
| 2022 | $1.4M | $46K | 102 | 3.2% |
| 2023 | $1.5M | $83K | 102 | 5.5% |
04 — OWNERSHIP
Ownership chain
| Owner | Type | Ownership % | Since |
|---|---|---|---|
| RHS NURSING, LLC | Organization | 100% | — |
| HATHORN, MICHAEL | Individual | — | — |
| M&M HATHORN, LLC | Organization | — | — |
| MUNDY, KAREN | Individual | — | — |
| SCHAAP, DON | Individual | — | — |
| SCHAAP, KIMBERLY | Individual | — | — |
| SCHAAP, LLC | Organization | — | — |