SNF COST REPORT · CCN 105473 · FY 2023
RIVER VALLEY REHABILITATION CENTER
BLOUNTSTOWN, FL 32424 · Fiscal year ending 2023-12-31
150 bedsSNF
$504K
TOTAL REVENUE
−$582K
OPERATING INCOME
-115.6%
OPERATING MARGIN
150
TOTAL BEDS
118
DISCHARGES
01 — FINANCIAL
Financial summary
- Net patient revenue
- $504K
- Total costs
- $1.1M
- Operating income (rev − costs)
- −$582K
- Operating margin
- -115.6%
- Total charges
- $2.4M
02 — UTILIZATION
Utilization
- Total beds
- 150
- Total inpatient days
- 47,083
- Medicare days (Title XVIII)
- 3,162
- Medicaid days (Title XIX)
- 36,619
- Total discharges
- 118
03 — HISTORY
7-year trend
| Year | Revenue | Operating Income | Beds | Margin |
|---|---|---|---|---|
| 2017 | $8.9M | −$739K | 150 | -8.3% |
| 2018 | $10.3M | −$429K | 150 | -4.2% |
| 2019 | $11.3M | −$734K | 150 | -6.5% |
| 2020 | $9.8M | −$2.5M | 150 | -25.5% |
| 2021 | $10.6M | −$1.6M | 150 | -14.7% |
| 2022 | $279K | −$843K | 150 | -302.0% |
| 2023 | $504K | −$582K | 150 | -115.6% |
04 — OWNERSHIP
Ownership chain
| Owner | Type | Ownership % | Since |
|---|---|---|---|
| CRONQUIST, ROYCE | Individual | — | — |
| FARUQUI, IQBAL | Individual | — | — |
| HSP PANHANDLE, LLC | Organization | — | — |
| MANGINE, JOHN | Individual | — | — |
| MELTON, DONALD | Individual | — | — |
| NOBLES, TRENTON | Individual | — | — |
| NOTERMANN, WILLIAM | Individual | — | — |
| SOUTHERN HEALTHCARE MANAGEMENT LLC | Organization | — | — |