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SNF COST REPORT · Loading…
Stethopowered by▸healthparse
Practices▾
DermatologyOphthalmologyOrthopedicsDentalUrgent CarePhysical Therapy
Facilities▾
Skilled NursingHome HealthHospiceDialysis
CompareOwnershipOperatorsDealsResearchPricing
PracticesDermatologyOphthalmologyOrthopedicsDentalUrgent CarePhysical TherapyFacilitiesSkilled NursingHome HealthHospiceDialysisCompareOwnershipOperatorsDealsResearchPricing
SNF COST REPORT · CCN 165271 · FY 2023

WESTWOOD SPECIALTY CARE

SIOUX CITY, IA 51104 · Fiscal year ending 2023-12-31

85 bedsSNF
$800K
TOTAL REVENUE
$48K
OPERATING INCOME
6.0%
OPERATING MARGIN
85
TOTAL BEDS
203
DISCHARGES
01 — FINANCIAL

Financial summary

Net patient revenue
$800K
Total costs
$752K
Operating income (rev − costs)
$48K
Operating margin
6.0%
Total charges
$1.7M
02 — UTILIZATION

Utilization

Total beds
85
Total inpatient days
28,536
Medicare days (Title XVIII)
2,338
Medicaid days (Title XIX)
15,735
Total discharges
203
CROSS-REFERENCE

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04 — OWNERSHIP

Ownership chain

OwnerTypeOwnership %Since
CARE INITIATIVESOrganization100%—
BEAL, MICHAELIndividual——
BEAL, MICHAELIndividual——
BOEVE, DESTINYIndividual——
BOWEN, LANEIndividual——
CAROTHERS, MARY JANEIndividual——
CHILDS, KEVINIndividual——
COMPUTERSHARE CORPORATE TRUST COMPANY, NAOrganization——
CORLESS, PETERIndividual——
DIXON, DAVIDIndividual——
DRAKE, EMILYIndividual——
GILYARD, TANYAIndividual——
JURGENS, MICHAELIndividual——
KREIN, KEITHIndividual——
KUHN, JERAMYIndividual——
MCDYER, JESSICAIndividual——
RAMEY, IDENIndividual——
RUST, ELIZABETHIndividual——
STURM, DENISEIndividual——
UPMEYER, LINDAIndividual——
VOLM, JOHANNAIndividual——
03 — HISTORY

6-year trend

$634K$2.7M$4.7M$6.8M201720182019202020222023RevenueOperating Income
YearRevenueOperating IncomeBedsMargin
2017$5.9M$472K857.9%
2018$6.5M$857K8513.1%
2019$6.2M$200K853.2%
2020$6.8M$432K856.4%
2022−$751K−$1.4M85188.7%
2023$800K$48K856.0%
ACQUISITION SIGNALSHigh census (stable)