What is PADDOCK SPRINGS?

PADDOCK SPRINGS is a Medicare-certified skilled nursing facility located in WARSAW, IN (CCN 155495). Stetho tracks its CMS cost report financials, bed count, occupancy, and ownership chain for M&A targeting.

Where is PADDOCK SPRINGS located?

PADDOCK SPRINGS is located in WARSAW, IN 46582-0000.

How many beds does PADDOCK SPRINGS have?

PADDOCK SPRINGS has 101 certified beds, with $1.1M in net patient revenue per its latest CMS cost report.

ACQUISITION SIGNALSHigh census (stable)

SNF COST REPORT · CCN 155495 · FY 2023

PADDOCK SPRINGS

WARSAW, IN 46582-0000 · Fiscal year ending 2023-12-31

101 bedsSNF

$1.1M

TOTAL REVENUE

−$4K

OPERATING INCOME

-0.4%

OPERATING MARGIN

101

TOTAL BEDS

189

DISCHARGES

01 — FINANCIAL

Financial summary

Net patient revenue: $1.1M
Total costs: $1.1M
Operating income (rev − costs): −$4K
Operating margin: -0.4%
Total charges: $1.4M

02 — UTILIZATION

Utilization

Total beds: 101
Total inpatient days: 32,700
Medicare days (Title XVIII): 2,543
Medicaid days (Title XIX): 13,163
Total discharges: 189

03 — HISTORY

7-year trend

Year	Revenue	Operating Income	Beds	Margin
2017	$4.1M	−$1.0M	60	-25.0%
2018	$4.2M	$121K	60	2.9%
2019	$4.8M	−$1.9M	60	-39.8%
2020	$5.9M	−$2.3M	60	-38.2%
2021	$6.1M	−$1.9M	60	-30.3%
2022	$1.0M	$305K	101	29.9%
2023	$1.1M	−$4K	101	-0.4%

04 — OWNERSHIP

Ownership chain

Owner	Type	Ownership %	Since
HANCOCK REGIONAL HOSPITAL	Organization	100%	—
LONG, STEVEN	Individual	—	—
MATHEW, PEKKAKUZHIYIL	Individual	—	—
NUNEZ, HUMBERTO	Individual	—	—
TRILOGY HEALTHCARE OF MILFORD, LLC	Organization	—	—

CROSS-REFERENCE

Related data on other Healthparse brands

HCRIS.io

Medicare cost reports, margins, utilization

PriceTransparency.io

Published negotiated rates, payer mix, compliance

990Health

IRS Form 990 financials, executive compensation

CareLens

CMS quality ratings, inspections, staffing

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