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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 105835 · FY 2023

PINE TRAIL NURSING AND REHAB CENTER

LAKE WORTH, FL 33463 · Fiscal year ending 2023-12-31

60 bedsSNF
−$123K
TOTAL REVENUE
−$258K
OPERATING INCOME
—
OPERATING MARGIN
60
TOTAL BEDS
28
DISCHARGES
01 — FINANCIAL

Financial summary

Net patient revenue
−$123K
Total costs
$135K
Operating income (rev − costs)
−$258K
Operating margin
—
Total charges
$149K
02 — UTILIZATION

Utilization

Total beds
60
Total inpatient days
5,471
Medicare days (Title XVIII)
315
Medicaid days (Title XIX)
4,459
Total discharges
28
CROSS-REFERENCE

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03 — HISTORY

7-year trend

$320K$2.3M$4.3M$6.2M2017201820192020202120222023RevenueOperating Income
YearRevenueOperating IncomeBedsMargin
2017$5.7M−$155K60-2.7%
2018$5.6M−$1.1M60-19.3%
2019$6.2M$28K600.5%
2020$5.7M−$1.7M60-29.2%
2021$6.1M−$1.4M60-23.6%
2022−$353K−$687K60194.8%
2023−$123K−$258K60209.5%
ACQUISITION SIGNALSLow census (turnaround opportunity)
04 — OWNERSHIP

Ownership chain

OwnerTypeOwnership %Since
4445 PINE FOREST DR LAKE HOLDCO LLCOrganization100%—
MIRLIS, ELIYAHUIndividual99%—
COLMAN, RUBENIndividual——
MIRLIS, ELIYAHUIndividual——
OLAZABAL, JUSTINAIndividual——
OLAZABAL, JUSTINAIndividual——