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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 105831 · FY 2023

PALM CITY NURSING & REHAB

PALM CITY, FL 34990-3149 · Fiscal year ending 2023-12-31

120 bedsSNF
$887K
TOTAL REVENUE
−$890K
OPERATING INCOME
-100.3%
OPERATING MARGIN
120
TOTAL BEDS
319
DISCHARGES
01 — FINANCIAL

Financial summary

Net patient revenue
$887K
Total costs
$1.8M
Operating income (rev − costs)
−$890K
Operating margin
-100.3%
Total charges
$3.9M
02 — UTILIZATION

Utilization

Total beds
120
Total inpatient days
38,476
Medicare days (Title XVIII)
5,337
Medicaid days (Title XIX)
24,380
Total discharges
319
CROSS-REFERENCE

Related data on other Healthparse brands

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CareLens
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03 — HISTORY

6-year trend

$168K$4.4M$8.7M$13.0M201720182019202020222023RevenueOperating Income
YearRevenueOperating IncomeBedsMargin
2017$13.0M$293K1202.3%
2018$12.9M$256K1202.0%
2019$11.8M−$1.1M120-9.1%
2020$8.2M−$4.1M120-50.0%
2022$42K−$1.7M120-3932.0%
2023$887K−$890K120-100.3%
04 — OWNERSHIP

Ownership chain

OwnerTypeOwnership %Since
SOVEREIGN HEALTHCARE HOLDINGS LLCOrganization100%—
JOHN J NOTERMANN BUSINESS TROrganization83%—
CRONQUIST 2015 FAMILY TROrganization15%—
BERKADIA COMMERCIAL MORTGAGE LLCOrganization——
BOWERS, APRILIndividual——
CRONQUIST, ROYCEIndividual——
FL PALM CITY HOLDINGS, LLCOrganization——
HEALTH SERVICES PROPERTIES LLCOrganization——
MANGINE, JOHNIndividual——
MELTON, DONALDIndividual——
NOTERMANN, WILLIAMIndividual——
PATEL, SHEERINIndividual——
SOUTHERN HEALTHCARE MANAGEMENT LLCOrganization——
ACQUISITION SIGNALSHigh census (stable)