SNF COST REPORT · CCN 165452 · FY 2023
WAPELLO SPECIALTY CARE
WAPELLO, IA 52653 · Fiscal year ending 2023-12-31
46 bedsSNF
$53K
TOTAL REVENUE
−$287K
OPERATING INCOME
-542.3%
OPERATING MARGIN
46
TOTAL BEDS
46
DISCHARGES
01 — FINANCIAL
Financial summary
- Net patient revenue
- $53K
- Total costs
- $339K
- Operating income (rev − costs)
- −$287K
- Operating margin
- -542.3%
- Total charges
- $650K
02 — UTILIZATION
Utilization
- Total beds
- 46
- Total inpatient days
- 13,215
- Medicare days (Title XVIII)
- 839
- Medicaid days (Title XIX)
- 8,189
- Total discharges
- 46
03 — HISTORY
6-year trend
| Year | Revenue | Operating Income | Beds | Margin |
|---|---|---|---|---|
| 2017 | $3.1M | $98K | 49 | 3.1% |
| 2018 | $2.7M | −$79K | 49 | -2.9% |
| 2019 | $3.0M | $30K | 46 | 1.0% |
| 2020 | $3.7M | $624K | 46 | 16.9% |
| 2022 | −$409K | −$833K | 46 | 203.8% |
| 2023 | $53K | −$287K | 46 | -542.3% |
04 — OWNERSHIP
Ownership chain
| Owner | Type | Ownership % | Since |
|---|---|---|---|
| CARE INITIATIVES | Organization | 100% | — |
| BAEDKE, CHARISSA | Individual | — | — |
| BEAL, MICHAEL | Individual | — | — |
| BEAL, MICHAEL | Individual | — | — |
| BOWEN, LANE | Individual | — | — |
| CAROTHERS, MARY JANE | Individual | — | — |
| CHILDS, KEVIN | Individual | — | — |
| COMPUTERSHARE CORPORATE TRUST COMPANY, NA | Organization | — | — |
| CORLESS, PETER | Individual | — | — |
| DIXON, DAVID | Individual | — | — |
| DRAKE, EMILY | Individual | — | — |
| GILYARD, TANYA | Individual | — | — |
| KREIN, KEITH | Individual | — | — |
| KUHN, JERAMY | Individual | — | — |
| MCDYER, JESSICA | Individual | — | — |
| PARIS, KRISTEN | Individual | — | — |
| RUST, ELIZABETH | Individual | — | — |
| STURM, DENISE | Individual | — | — |
| UPMEYER, LINDA | Individual | — | — |
| VOLM, JOHANNA | Individual | — | — |
| WEI, SHIPENG | Individual | — | — |