ACQUISITION SIGNALSHigh census (stable)
SNF COST REPORT · CCN 055551 · FY 2023
SEQUOIA TRANSITIONAL CARE
PORTERVILLE, CA 92357 · Fiscal year ending 2023-12-31
99 bedsSNF
$684K
TOTAL REVENUE
−$623K
OPERATING INCOME
-91.1%
OPERATING MARGIN
99
TOTAL BEDS
195
DISCHARGES
01 — FINANCIAL
Financial summary
- Net patient revenue
- $684K
- Total costs
- $1.3M
- Operating income (rev − costs)
- −$623K
- Operating margin
- -91.1%
- Total charges
- $2.7M
02 — UTILIZATION
Utilization
- Total beds
- 99
- Total inpatient days
- 33,089
- Medicare days (Title XVIII)
- 5,008
- Medicaid days (Title XIX)
- 4,103
- Total discharges
- 195
03 — HISTORY
7-year trend
| Year | Revenue | Operating Income | Beds | Margin |
|---|---|---|---|---|
| 2017 | $7.4M | −$418K | 99 | -5.6% |
| 2018 | $7.2M | −$671K | 99 | -9.3% |
| 2019 | $8.0M | −$644K | 99 | -8.0% |
| 2020 | $8.3M | −$497K | 99 | -6.0% |
| 2021 | $9.8M | $873K | 99 | 8.9% |
| 2022 | $1.7M | $495K | 99 | 28.6% |
| 2023 | $684K | −$623K | 99 | -91.1% |
04 — OWNERSHIP
Ownership chain
| Owner | Type | Ownership % | Since |
|---|---|---|---|
| PROVIDENCE GROUP OF CALIFORNIA LLC | Organization | 100% | — |
| APT, FREDERICK | Individual | — | — |
| HANCOCK, MARK | Individual | — | — |
| HANCOCK, MARK | Individual | — | — |
| HASNAIN, ABBAS | Individual | — | — |
| JERGENSEN, JOSHUA | Individual | — | — |
| MITCHELL, JOHN | Individual | — | — |
| MURPHY, CORY | Individual | — | — |
| MURRAY, JASON | Individual | — | — |
| PACS GROUP, INC. | Organization | — | — |
| PACS HOLDINGS, LLC | Organization | — | — |
| PROVIDENCE GROUP NH, LLC | Organization | — | — |