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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 115424 · FY 2023

LAKE CROSSING HEALTH CENTER PAC LLC

APPLING, GA 30802 · Fiscal year ending 2023-12-31

100 bedsSNF
$506K
TOTAL REVENUE
−$444K
OPERATING INCOME
-87.8%
OPERATING MARGIN
100
TOTAL BEDS
176
DISCHARGES
01 — FINANCIAL

Financial summary

Net patient revenue
$506K
Total costs
$951K
Operating income (rev − costs)
−$444K
Operating margin
-87.8%
Total charges
$764K
02 — UTILIZATION

Utilization

Total beds
100
Total inpatient days
30,395
Medicare days (Title XVIII)
2,261
Medicaid days (Title XIX)
18,769
Total discharges
176
CROSS-REFERENCE

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03 — HISTORY

5-year trend

$821K$2.4M$4.0M$5.6M20172018201920202023RevenueOperating Income
YearRevenueOperating IncomeBedsMargin
2017$5.2M−$632K100-12.1%
2018$5.6M−$671K100-12.1%
2019$3.2M−$433K100-13.4%
2020$2.4M−$759K100-31.2%
2023$506K−$444K100-87.8%
04 — OWNERSHIP

Ownership chain

OwnerTypeOwnership %Since
LAKE CROSSING HOLDCOOrganization100%—
BSD COUNTY IRREVOCABLE TRUSTOrganization25%—
BSD OVERLAND IRREVOCABLE TRUSTOrganization25%—
GA LAKE CROSSING NOBLE PARENTCO LLCOrganization25%—
VA SUNSHINE LLCOrganization25%—
CARE NETWORK GA LLCOrganization——
OBERLANDER, ZALMENIndividual——
OBERLANDER, ZALMENIndividual——
SILBERSTEIN, ARIIndividual——
SILBERSTEIN, ARIIndividual——
ACQUISITION SIGNALSDeclining margins