What is SOLARIS HEALTHCARE MERRITT ISLAND?

SOLARIS HEALTHCARE MERRITT ISLAND is a Medicare-certified skilled nursing facility located in MERRITT ISLAND, FL (CCN 105701). Stetho tracks its CMS cost report financials, bed count, occupancy, and ownership chain for M&A targeting.

Where is SOLARIS HEALTHCARE MERRITT ISLAND located?

SOLARIS HEALTHCARE MERRITT ISLAND is located in MERRITT ISLAND, FL 32953.

How many beds does SOLARIS HEALTHCARE MERRITT ISLAND have?

SOLARIS HEALTHCARE MERRITT ISLAND has 180 certified beds, with −$34K in net patient revenue per its latest CMS cost report.

ACQUISITION SIGNALSDeclining marginsHigh census (stable)

SNF COST REPORT · CCN 105701 · FY 2023

SOLARIS HEALTHCARE MERRITT ISLAND

MERRITT ISLAND, FL 32953 · Fiscal year ending 2023-12-31

180 bedsSNF

−$34K

TOTAL REVENUE

−$3.1M

OPERATING INCOME

—

OPERATING MARGIN

180

TOTAL BEDS

871

DISCHARGES

01 — FINANCIAL

Financial summary

Net patient revenue: −$34K
Total costs: $3.1M
Operating income (rev − costs): −$3.1M
Operating margin: —
Total charges: $7.2M

02 — UTILIZATION

Utilization

Total beds: 180
Total inpatient days: 62,985
Medicare days (Title XVIII): 11,730
Medicaid days (Title XIX): 29,592
Total discharges: 871

03 — HISTORY

7-year trend

Year	Revenue	Operating Income	Beds	Margin
2017	$16.8M	−$3.0M	180	-17.6%
2018	$17.1M	−$3.5M	180	-20.4%
2019	$17.4M	−$2.9M	180	-16.6%
2020	$16.7M	−$3.8M	180	-22.6%
2021	$16.0M	−$4.9M	180	-30.4%
2022	−$1.8M	−$4.3M	180	244.9%
2023	−$34K	−$3.1M	180	9251.7%

04 — OWNERSHIP

Ownership chain

Owner	Type	Ownership %	Since
MERRITT ISLAND HEALTHCARE HOLDINGS, LLC	Organization	100%	—
BELL, THOMAS	Individual	—	—
BELL, THOMAS	Individual	—	—
BERKOWITZ, MICHAEL	Individual	—	—
BUXBAUM, MIRIAM	Individual	—	—
CORLEY, SHAWN	Individual	—	—
CORLEY, SHAWN	Individual	—	—
HERZKA, CHAIM	Individual	—	—
LUNSFORD, CHARISH	Individual	—	—
LUNSFORD, CHARISH	Individual	—	—
LUNSFORD, CHARISH	Individual	—	—
MAYER, KAREN	Individual	—	—
MAYER, KAREN	Individual	—	—
MAYER, KAREN	Individual	—	—
OBERLANDER, JOSEPH	Individual	—	—
SOLARIS FOUNDATION INC.	Organization	—	—
SOLARIS HEALTHCARE PROPERTIES LLC	Organization	—	—
WILKINS, STACEY	Individual	—	—
WILKINS, STACEY	Individual	—	—
WILKINS, STACEY	Individual	—	—

CROSS-REFERENCE

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HCRIS.io

Medicare cost reports, margins, utilization

PriceTransparency.io

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990Health

IRS Form 990 financials, executive compensation

CareLens

CMS quality ratings, inspections, staffing

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