SNF COST REPORT · CCN 155156 · FY 2023
ARBORS AT MICHIGAN CITY
MICHIGAN CITY, IN 46360 · Fiscal year ending 2023-12-31
180 bedsSNF
−$654
TOTAL REVENUE
−$1.5M
OPERATING INCOME
—
OPERATING MARGIN
180
TOTAL BEDS
454
DISCHARGES
01 — FINANCIAL
Financial summary
- Net patient revenue
- −$654
- Total costs
- $1.5M
- Operating income (rev − costs)
- −$1.5M
- Operating margin
- —
- Total charges
- $1.7M
02 — UTILIZATION
Utilization
- Total beds
- 180
- Total inpatient days
- 45,988
- Medicare days (Title XVIII)
- 4,330
- Medicaid days (Title XIX)
- 36,201
- Total discharges
- 454
03 — HISTORY
6-year trend
| Year | Revenue | Operating Income | Beds | Margin |
|---|---|---|---|---|
| 2017 | $14.0M | $1.7M | 180 | 12.0% |
| 2018 | $14.5M | $454K | 180 | 3.1% |
| 2019 | $16.3M | $1.3M | 180 | 7.9% |
| 2020 | $16.1M | −$932K | 180 | -5.8% |
| 2022 | −$792K | −$2.2M | 180 | 274.9% |
| 2023 | −$654 | −$1.5M | 180 | 221813.8% |
04 — OWNERSHIP
Ownership chain
| Owner | Type | Ownership % | Since |
|---|---|---|---|
| MAJOR HOSPITAL | Organization | 100% | — |
| DAVID A BERKOWITZ REVOC TR DAVID BERKOWITZ TTEE | Organization | 18% | — |
| YOSEF MEYSTEL DECLARATION OF TR OF YOSEF MEYSTEL TTEE | Organization | 18% | — |
| APERION INDIANA INVESTOR GROUP, LLC | Organization | 16% | — |
| YOLINSKY, JACK | Individual | 15% | — |
| BATTERY ARBORS, LLC | Organization | 14% | — |
| ROBIN MILLER REVOCABLE TRUST | Organization | 11% | — |
| AHMED, UMAIR | Individual | — | — |
| APERION CARE INC | Organization | — | — |
| CLAXTON, RYAN | Individual | — | — |
| LIVERS, DOROTHY | Individual | — | — |
| MAJOR HOSPITAL | Organization | — | — |
| SMITH, TODD | Individual | — | — |
| SPECTOR, JENNIFER | Individual | — | — |
| THE ARBORS OPERATOR LLC | Organization | — | — |
| TUROFSKY, STEVEN | Individual | — | — |
| ULBERT, LISA | Individual | — | — |
| WILHELM, NAFTALI | Individual | — | — |