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SNF COST REPORT · Loading…
Stethopowered by▸healthparse
Practices▾
DermatologyOphthalmologyOrthopedicsDentalUrgent CarePhysical Therapy
Facilities▾
Skilled NursingHome HealthHospiceDialysis
CompareOwnershipOperatorsDealsResearchPricing
PracticesDermatologyOphthalmologyOrthopedicsDentalUrgent CarePhysical TherapyFacilitiesSkilled NursingHome HealthHospiceDialysisCompareOwnershipOperatorsDealsResearchPricing
SNF COST REPORT · CCN 106063 · FY 2023

THE GLENRIDGE ON PALMER RANCH INC.

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

61 bedsSNF
−$44.3M
TOTAL REVENUE
−$45.5M
OPERATING INCOME
—
OPERATING MARGIN
61
TOTAL BEDS
123
DISCHARGES
01 — FINANCIAL

Financial summary

Net patient revenue
−$44.3M
Total costs
$1.2M
Operating income (rev − costs)
−$45.5M
Operating margin
—
Total charges
$1.5M
02 — UTILIZATION

Utilization

Total beds
61
Total inpatient days
15,830
Medicare days (Title XVIII)
1,651
Medicaid days (Title XIX)
—
Total discharges
123
CROSS-REFERENCE

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HCRIS.io
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CareLens
CMS quality ratings, inspections, staffing
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04 — OWNERSHIP

Ownership chain

OwnerTypeOwnership %Since
THE GLENRIDGE ON PALMER RANCH, INC.Organization100%—
CATER, JAMESIndividual——
CATER, JAMESIndividual——
CATER, JAMESIndividual——
FAIST, CHUCKIndividual——
GONZALEZ, ALICIAIndividual——
HINKLE, LEEIndividual——
PRAXEIS LLCOrganization——
PRINS, JULIEIndividual——
03 — HISTORY

7-year trend

−$22.8M$0$22.8M$45.5M2017201820192020202120222023RevenueOperating Income
YearRevenueOperating IncomeBedsMargin
2017$8.5M−$25.2M61-295.7%
2018$7.9M−$25.7M61-326.7%
2019$7.9M−$33.6M61-424.9%
2020$7.8M−$36.2M61-464.2%
2021$6.9M−$28.6M61-414.7%
2022−$28.9M−$30.1M61104.2%
2023−$44.3M−$45.5M61102.7%