What is PINECREST CONVALESCENT CENTER?

PINECREST CONVALESCENT CENTER is a Medicare-certified skilled nursing facility located in NORTH MIAMI, FL (CCN 105153). Stetho tracks its CMS cost report financials, bed count, occupancy, and ownership chain for M&A targeting.

Where is PINECREST CONVALESCENT CENTER located?

PINECREST CONVALESCENT CENTER is located in NORTH MIAMI, FL 33161.

How many beds does PINECREST CONVALESCENT CENTER have?

PINECREST CONVALESCENT CENTER has 100 certified beds, with −$554K in net patient revenue per its latest CMS cost report.

ACQUISITION SIGNALSDeclining marginsHigh census (stable)

SNF COST REPORT · CCN 105153 · FY 2023

PINECREST CONVALESCENT CENTER

NORTH MIAMI, FL 33161 · Fiscal year ending 2023-12-31

100 bedsSNF

−$554K

TOTAL REVENUE

−$1.7M

OPERATING INCOME

—

OPERATING MARGIN

100

TOTAL BEDS

213

DISCHARGES

01 — FINANCIAL

Financial summary

Net patient revenue: −$554K
Total costs: $1.2M
Operating income (rev − costs): −$1.7M
Operating margin: —
Total charges: $2.1M

02 — UTILIZATION

Utilization

Total beds: 100
Total inpatient days: 32,120
Medicare days (Title XVIII): 921
Medicaid days (Title XIX): 15,107
Total discharges: 213

03 — HISTORY

7-year trend

Year	Revenue	Operating Income	Beds	Margin
2017	$8.9M	−$258K	100	-2.9%
2018	$8.8M	−$382K	100	-4.4%
2019	$9.3M	−$29K	100	-0.3%
2020	$7.7M	−$1.4M	100	-18.6%
2021	$7.7M	−$1.8M	100	-23.8%
2022	−$1.1M	−$2.6M	100	232.1%
2023	−$554K	−$1.7M	100	311.9%

CROSS-REFERENCE

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