SNF COST REPORT · CCN 146127 · FY 2023
FLORENCE NURSING HOME
MARENGO, IL 60152 · Fiscal year ending 2023-12-31
52 bedsSNF
−$3.2M
TOTAL REVENUE
−$3.3M
OPERATING INCOME
—
OPERATING MARGIN
52
TOTAL BEDS
169
DISCHARGES
01 — FINANCIAL
Financial summary
- Net patient revenue
- −$3.2M
- Total costs
- $74K
- Operating income (rev − costs)
- −$3.3M
- Operating margin
- —
- Total charges
- $247K
02 — UTILIZATION
Utilization
- Total beds
- 52
- Total inpatient days
- 11,054
- Medicare days (Title XVIII)
- 1,563
- Medicaid days (Title XIX)
- 4,389
- Total discharges
- 169
03 — HISTORY
6-year trend
| Year | Revenue | Operating Income | Beds | Margin |
|---|---|---|---|---|
| 2017 | $3.7M | $524K | 28 | 14.0% |
| 2018 | $3.5M | $270K | 28 | 7.7% |
| 2019 | $4.1M | $332K | 28 | 8.1% |
| 2020 | $4.5M | $857K | 28 | 19.0% |
| 2022 | −$469K | −$916K | 52 | 195.6% |
| 2023 | −$3.2M | −$3.3M | 52 | 102.3% |
04 — OWNERSHIP
Ownership chain
| Owner | Type | Ownership % | Since |
|---|---|---|---|
| BRANDMAN, GITTEL | Individual | 30% | — |
| 613 CLUB, LLC | Organization | 12% | — |
| BRANDMAN, MOSHE | Individual | 8% | — |
| GOLDBERG, YEHUDIT | Individual | 5% | — |
| ABELL, DAVID | Individual | — | — |
| BRANDMAN, JOSEPH | Individual | — | — |
| BRANDMAN, JOSEPH | Individual | — | — |