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SNF COST REPORT · Loading…
Stethopowered by▸healthparse
Practices▾
DermatologyOphthalmologyOrthopedicsDentalUrgent CarePhysical Therapy
Facilities▾
Skilled NursingHome HealthHospiceDialysis
CompareOwnershipOperatorsDealsPricing
PracticesDermatologyOphthalmologyOrthopedicsDentalUrgent CarePhysical TherapyFacilitiesSkilled NursingHome HealthHospiceDialysisCompareOwnershipOperatorsDealsPricing
SNF COST REPORT · CCN 155289 · FY 2023

COLONIAL OAKS HEALTH CARE CENTER

MARION, IN 46953 · Fiscal year ending 2023-12-31

127 bedsSNF
$302K
TOTAL REVENUE
−$1.9M
OPERATING INCOME
-614.5%
OPERATING MARGIN
127
TOTAL BEDS
245
DISCHARGES
01 — FINANCIAL

Financial summary

Net patient revenue
$302K
Total costs
$2.2M
Operating income (rev − costs)
−$1.9M
Operating margin
-614.5%
Total charges
$3.4M
02 — UTILIZATION

Utilization

Total beds
127
Total inpatient days
35,556
Medicare days (Title XVIII)
6,771
Medicaid days (Title XIX)
—
Total discharges
245
CROSS-REFERENCE

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HCRIS.io
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CareLens
CMS quality ratings, inspections, staffing
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03 — HISTORY

7-year trend

$1.6M$5.0M$8.4M$11.8M2017201820192020202120222023RevenueOperating Income
YearRevenueOperating IncomeBedsMargin
2017$9.7M$120K1271.2%
2018$10.6M$32K1270.3%
2019$10.9M$22K1270.2%
2020$10.3M−$1.3M127-12.2%
2021$11.8M−$202K127-1.7%
2022$364K−$1.4M127-395.7%
2023$302K−$1.9M127-614.5%
04 — OWNERSHIP

Ownership chain

OwnerTypeOwnership %Since
RIVERVIEW HOSPITALOrganization100%—
COLONIAL OAKS HEALTH CARE LLCOrganization——
FRIEND, JAYNAIndividual——
HYATT, DAVIDIndividual——
LIVINGSTON, CHRISTIANIndividual——
SRIKANTH, SHANKARANIndividual——
TENDER LOVING CARE MANAGEMENT INCOrganization——
ACQUISITION SIGNALSDeclining margins