What is MORNINGSIDE CARE CENTER?

MORNINGSIDE CARE CENTER is a Medicare-certified skilled nursing facility located in IDA GROVE, IA (CCN 165206). Stetho tracks its CMS cost report financials, bed count, occupancy, and ownership chain for M&A targeting.

Where is MORNINGSIDE CARE CENTER located?

MORNINGSIDE CARE CENTER is located in IDA GROVE, IA 51445-1637.

How many beds does MORNINGSIDE CARE CENTER have?

MORNINGSIDE CARE CENTER has 64 certified beds, with −$815K in net patient revenue per its latest CMS cost report.

ACQUISITION SIGNALSDeclining marginsLow census (turnaround opportunity)

SNF COST REPORT · CCN 165206 · FY 2022

MORNINGSIDE CARE CENTER

IDA GROVE, IA 51445-1637 · Fiscal year ending 2022-07-13

64 bedsSNF

−$815K

TOTAL REVENUE

−$886K

OPERATING INCOME

—

OPERATING MARGIN

TOTAL BEDS

DISCHARGES

01 — FINANCIAL

Financial summary

Net patient revenue: −$815K
Total costs: $70K
Operating income (rev − costs): −$886K
Operating margin: —
Total charges: $109K

02 — UTILIZATION

Utilization

Total beds: 64
Total inpatient days: 3,094
Medicare days (Title XVIII): 66
Medicaid days (Title XIX): 2,107
Total discharges: 14

03 — HISTORY

5-year trend

Year	Revenue	Operating Income	Beds	Margin
2017	$2.5M	−$687K	64	-27.1%
2018	$773K	−$217K	64	-28.1%
2019	$1.8M	−$865K	64	-47.4%
2020	$1.5M	−$921K	64	-61.5%
2022	−$815K	−$886K	64	108.6%

CROSS-REFERENCE

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