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SNF COST REPORT · Loading…
Stethopowered by▸healthparse
Practices▾
DermatologyOphthalmologyOrthopedicsDentalUrgent CarePhysical Therapy
Facilities▾
Skilled NursingHome HealthHospiceDialysis
CompareOwnershipOperatorsDealsResearchPricing
PracticesDermatologyOphthalmologyOrthopedicsDentalUrgent CarePhysical TherapyFacilitiesSkilled NursingHome HealthHospiceDialysisCompareOwnershipOperatorsDealsResearchPricing
SNF COST REPORT · CCN 055853 · FY 2023

REDWOOD COVE HEALTHCARE CENTER

UKIAH, CA 95482 · Fiscal year ending 2023-12-31

68 bedsSNF
$2.3M
TOTAL REVENUE
$787K
OPERATING INCOME
34.5%
OPERATING MARGIN
68
TOTAL BEDS
194
DISCHARGES
01 — FINANCIAL

Financial summary

Net patient revenue
$2.3M
Total costs
$1.5M
Operating income (rev − costs)
$787K
Operating margin
34.5%
Total charges
$2.0M
02 — UTILIZATION

Utilization

Total beds
68
Total inpatient days
23,060
Medicare days (Title XVIII)
7,105
Medicaid days (Title XIX)
423
Total discharges
194
CROSS-REFERENCE

Related data on other Healthparse brands

HCRIS.io
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CareLens
CMS quality ratings, inspections, staffing
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04 — OWNERSHIP

Ownership chain

OwnerTypeOwnership %Since
PROVIDENCE GROUP NH, LLCOrganization100%—
APT, FREDERICKIndividual——
HANCOCK, MARKIndividual——
HANCOCK, MARKIndividual——
JERGENSEN, JOSHUAIndividual——
MITCHELL, JOHNIndividual——
MURRAY, JASONIndividual——
PACS GROUP, INC.Organization——
PACS HOLDINGS, LLCOrganization——
TERAN, GUYIndividual——
TUCKER, RILEYIndividual——
TUCKER, RILEYIndividual——
03 — HISTORY

6-year trend

−$407K$1.5M$3.4M$5.3M201720182019202020222023RevenueOperating Income
YearRevenueOperating IncomeBedsMargin
2017$4.7M−$1.8M68-38.6%
2018$4.9M−$2.0M68-40.9%
2019$4.9M−$2.3M68-47.6%
2020$5.3M−$2.2M68-40.7%
2022$1.7M−$27K68-1.6%
2023$2.3M$787K6834.5%
ACQUISITION SIGNALSHigh census (stable)