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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 105567 · FY 2023

LAKE POINTE WOODS

SARASOTA, FL 34238 · Fiscal year ending 2023-12-31

119 bedsSNF
$1.9M
TOTAL REVENUE
$540K
OPERATING INCOME
28.4%
OPERATING MARGIN
119
TOTAL BEDS
504
DISCHARGES
01 — FINANCIAL

Financial summary

Net patient revenue
$1.9M
Total costs
$1.4M
Operating income (rev − costs)
$540K
Operating margin
28.4%
Total charges
$3.3M
02 — UTILIZATION

Utilization

Total beds
119
Total inpatient days
36,389
Medicare days (Title XVIII)
9,404
Medicaid days (Title XIX)
16,312
Total discharges
504
CROSS-REFERENCE

Related data on other Healthparse brands

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

7-year trend

$3.1M$6.3M$9.5M$12.7M2017201820192020202120222023RevenueOperating Income
YearRevenueOperating IncomeBedsMargin
2017$11.7M$130K1191.1%
2018$11.8M$269K1192.3%
2019$12.7M$939K1197.4%
2020$10.8M$144K1191.3%
2021$11.3M$484K1194.3%
2022$1.2M−$157K119-13.3%
2023$1.9M$540K11928.4%
04 — OWNERSHIP

Ownership chain

OwnerTypeOwnership %Since
SUMMIT CARE GROUP II OPERATIONS HOLDINGS LLCOrganization45%—
MITCHELL, JOSEPHIndividual30%—
DAVIS, ALANIndividual25%—
HERZKA, YISROELIndividual23%—
KLEIN, ESTHERIndividual11%—
KLEIN, SOLOMONIndividual11%—
DAVIS, ALANIndividual——
DAVIS, ALANIndividual——
MITCHELL, JOSEPHIndividual——
MITCHELL, JOSEPHIndividual——
PARSONS, BRIANIndividual——
SUMMITT CARE II LLCOrganization——