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SNF COST REPORT · Loading…
Stethopowered by▸healthparse
Practices▾
DermatologyOphthalmologyOrthopedicsDentalUrgent CarePhysical Therapy
Facilities▾
Skilled NursingHome HealthHospiceDialysis
CompareOwnershipOperatorsDealsPricing
PracticesDermatologyOphthalmologyOrthopedicsDentalUrgent CarePhysical TherapyFacilitiesSkilled NursingHome HealthHospiceDialysisCompareOwnershipOperatorsDealsPricing
SNF COST REPORT · CCN 065265 · FY 2023

FRANKLIN AVENUE HEALTHCARE INC.

BERTHOUD, CO 80513 · Fiscal year ending 2023-12-31

76 bedsSNF
$1.0M
TOTAL REVENUE
−$67K
OPERATING INCOME
-6.6%
OPERATING MARGIN
76
TOTAL BEDS
155
DISCHARGES
01 — FINANCIAL

Financial summary

Net patient revenue
$1.0M
Total costs
$1.1M
Operating income (rev − costs)
−$67K
Operating margin
-6.6%
Total charges
$2.7M
02 — UTILIZATION

Utilization

Total beds
76
Total inpatient days
24,863
Medicare days (Title XVIII)
2,413
Medicaid days (Title XIX)
18,718
Total discharges
155
CROSS-REFERENCE

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HCRIS.io
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CareLens
CMS quality ratings, inspections, staffing
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03 — HISTORY

7-year trend

$4.7M$9.7M$14.6M$19.5M2017201820192020202120222023RevenueOperating Income
YearRevenueOperating IncomeBedsMargin
2017$19.5M$13.1M7667.2%
2018$19.0M$11.7M7661.4%
2019$18.1M$11.8M7665.1%
2020$17.5M$10.3M7658.6%
2021$5.5M$410K767.5%
2022$621K−$167K76-26.8%
2023$1.0M−$67K76-6.6%
04 — OWNERSHIP

Ownership chain

OwnerTypeOwnership %Since
ENDURA HEALTHCARE LLCOrganization100%—
THE ENSIGN GROUP INCOrganization100%—
BURNAM, SOONIndividual——
FRASER, MALCOLMIndividual——
GRAHAM, JOSEPHIndividual——
GRAHAM, JOSEPHIndividual——
ISOMED INCOrganization——
JORGENSEN, DAVIDIndividual——
KEETCH, CHADIndividual——
SATO, AMIIndividual——
ACQUISITION SIGNALSHigh census (stable)