SNF COST REPORT · CCN 105547 · FY 2023

FLAGLER HEALTH AND REHABILITATION CE

BUNNELL, FL 32110 · Fiscal year ending 2023-12-31

120 bedsSNF
$202K
TOTAL REVENUE
−$1.4M
OPERATING INCOME
-702.4%
OPERATING MARGIN
120
TOTAL BEDS
800
DISCHARGES
01 — FINANCIAL

Financial summary

Net patient revenue
$202K
Total costs
$1.6M
Operating income (rev − costs)
−$1.4M
Operating margin
-702.4%
Total charges
$2.2M
02 — UTILIZATION

Utilization

Total beds
120
Total inpatient days
39,763
Medicare days (Title XVIII)
6,265
Medicaid days (Title XIX)
20,070
Total discharges
800
03 — HISTORY

6-year trend

$1.1M$4.3M$7.5M$10.8M201720182019202020222023RevenueOperating Income
YearRevenueOperating IncomeBedsMargin
2017$10.6M−$1.9M120-17.5%
2018$10.8M−$1.2M120-11.6%
2019$10.7M−$1.2M120-11.2%
2020$7.7M−$1.3M120-16.5%
2022−$684K−$2.1M120311.7%
2023$202K−$1.4M120-702.4%
04 — OWNERSHIP

Ownership chain

OwnerTypeOwnership %Since
FLAGLER PINES OPERATIONS HOLDINGS LLCOrganization100%
BLUE SPRING HEALTHCARE PARTNERS LLCOrganization
CANIDATE, DELANAIndividual
GUTMAN, SAMUELIndividual
JARDINE, TAMMYIndividual
MARTINEZ IRIZARRY, AXELIndividual
WILDES, DONNAIndividual
WILDES, DONNAIndividual
WOTHERS, EILEENIndividual