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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 145651 · FY 2023

RIVER CROSSING OF ALTON

ALTON, IL 62002 · Fiscal year ending 2023-11-30

180 bedsSNF
−$925K
TOTAL REVENUE
−$1.5M
OPERATING INCOME
—
OPERATING MARGIN
180
TOTAL BEDS
197
DISCHARGES
01 — FINANCIAL

Financial summary

Net patient revenue
−$925K
Total costs
$558K
Operating income (rev − costs)
−$1.5M
Operating margin
—
Total charges
$1.3M
02 — UTILIZATION

Utilization

Total beds
180
Total inpatient days
20,032
Medicare days (Title XVIII)
1,048
Medicaid days (Title XIX)
14,062
Total discharges
197
CROSS-REFERENCE

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04 — OWNERSHIP

Ownership chain

OwnerTypeOwnership %Since
IL2 OPCO HOLDINGS LLCOrganization100%—
3490 HUNBERT ROAD LLCOrganization——
6277 CENTER GROVE ROAD LLCOrganization——
6277 CENTER GROVE ROAD LLCOrganization——
BLAIR, BILLIE JOIndividual——
CCG BARBADOS, LLCOrganization——
CCG BARBADOS, LLCOrganization——
DIANATI, BEHFARIndividual——
GARFINKEL, AKIVAIndividual——
GARFINKEL, AKIVAIndividual——
GARFINKEL, ALLANIndividual——
GARFINKEL, ALLANIndividual——
GARFINKEL, ALLANIndividual——
IL2 OPCO INV LLCOrganization——
JENMAX HOLDINGS LLCOrganization——
JENMAX HOLDINGS LLCOrganization——
03 — HISTORY

2-year trend

−$153K$1.2M$2.5M$3.8M20202023RevenueOperating Income
YearRevenueOperating IncomeBedsMargin
2020$3.8M−$1.0M180-26.9%
2023−$925K−$1.5M180160.3%
ACQUISITION SIGNALSLow census (turnaround opportunity)