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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 105301 · FY 2023

VALENCIA HILLS HLTH AND REHAB

LAKELAND, FL 33810 · Fiscal year ending 2023-12-31

249 bedsSNF
$842K
TOTAL REVENUE
−$1.1M
OPERATING INCOME
-135.9%
OPERATING MARGIN
249
TOTAL BEDS
839
DISCHARGES
01 — FINANCIAL

Financial summary

Net patient revenue
$842K
Total costs
$2.0M
Operating income (rev − costs)
−$1.1M
Operating margin
-135.9%
Total charges
$5.5M
02 — UTILIZATION

Utilization

Total beds
249
Total inpatient days
81,233
Medicare days (Title XVIII)
5,491
Medicaid days (Title XIX)
52,887
Total discharges
839
CROSS-REFERENCE

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ACQUISITION SIGNALSDeclining marginsHigh census (stable)
04 — OWNERSHIP

Ownership chain

OwnerTypeOwnership %Since
HERZKA, YISROELIndividual23%—
KLEIN, ESTHERIndividual11%—
KLEIN, SOLOMONIndividual11%—
DAVIS, ALANIndividual——
DAVIS, ALANIndividual——
DAVIS, ALANIndividual——
HANCOCK, SOMERIndividual——
LAKELAND HOLDING COMPANY LLCOrganization——
MITCHELL, JOSEPHIndividual——
MITCHELL, JOSEPHIndividual——
MITCHELL, JOSEPHIndividual——
SUMMIT CARE GROUP II OPERATIONS HOLDINGS LLCOrganization——
SUMMITT CARE II LLCOrganization——
03 — HISTORY

6-year trend

$3.2M$9.9M$16.7M$23.4M201720182019202020222023RevenueOperating Income
YearRevenueOperating IncomeBedsMargin
2017$23.1M$1.3M3005.7%
2018$22.5M$1.5M2496.9%
2019$23.4M$2.4M24910.3%
2020$19.6M$585K2493.0%
2022−$1.3M−$3.5M249271.2%
2023$842K−$1.1M249-135.9%