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SNF COST REPORT · Loading…
Stethopowered by▸healthparse
Practices▾
DermatologyOphthalmologyOrthopedicsDentalUrgent CarePhysical Therapy
Facilities▾
Skilled NursingHome HealthHospiceDialysis
CompareOwnershipOperatorsDealsResearchPricing
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SNF COST REPORT · CCN 105638 · FY 2023

PARKLANDS CARE CENTER

GAINESVILLE, FL 32601 · Fiscal year ending 2023-12-31

120 bedsSNF
−$25K
TOTAL REVENUE
−$719K
OPERATING INCOME
—
OPERATING MARGIN
120
TOTAL BEDS
118
DISCHARGES
01 — FINANCIAL

Financial summary

Net patient revenue
−$25K
Total costs
$694K
Operating income (rev − costs)
−$719K
Operating margin
—
Total charges
$867K
02 — UTILIZATION

Utilization

Total beds
120
Total inpatient days
17,045
Medicare days (Title XVIII)
1,896
Medicaid days (Title XIX)
13,124
Total discharges
118
CROSS-REFERENCE

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CareLens
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ACQUISITION SIGNALSDeclining marginsLow census (turnaround opportunity)
03 — HISTORY

7-year trend

$5.8M$12.4M$19.1M$25.8M2017201820192020202120222023RevenueOperating Income
YearRevenueOperating IncomeBedsMargin
2017$25.8M$13.5M12052.1%
2018$25.7M$12.8M12049.9%
2019$25.5M$13.7M12053.7%
2020$24.0M$12.3M12051.5%
2021$23.6M$11.4M12048.4%
2022$607K−$926K120-152.5%
2023−$25K−$719K1202854.9%
04 — OWNERSHIP

Ownership chain

OwnerTypeOwnership %Since
PARKLANDS NURSING SNF HOLDCO LLCOrganization100%—
5H1 LLCOrganization——
GOLDEN EAGLE HEALTHCARE LLCOrganization——
GOLDSTEIN, JEFFREYIndividual——
GOLDSTEIN, JEFFREYIndividual——
PARKLANDS NURSING SNF HOLDCO II LLCOrganization——
PARKLANDS NURSING SNF JV LLCOrganization——
PARKLANDS NURSING SNF JV LLCOrganization——
PRESSER, AARONIndividual——
PRESSER, AARONIndividual——
SHERMAN, SAMUELIndividual——
SHERMAN, SAMUELIndividual——
STARS FL LLCOrganization——
STARS RE PROPERTIES LLCOrganization——
STERN, ISAACIndividual——
TESSLER, CHAIMIndividual——
TESSLER, CHAIMIndividual——
TESSLER, ELIAIndividual——
WEINSTOCK FAMILY 2021 TRUSTOrganization——
WEINSTOCK, ABRAHAMIndividual——
WEINSTOCK, YECHIELIndividual——
WEINSTOCK, YOSEFIndividual——