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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 165485 · FY 2023

LUTHERAN RETIREMENT HOME

NORTHWOOD, IA 50459 · Fiscal year ending 2023-12-31

94 bedsSNF
−$745K
TOTAL REVENUE
−$966K
OPERATING INCOME
—
OPERATING MARGIN
94
TOTAL BEDS
69
DISCHARGES
01 — FINANCIAL

Financial summary

Net patient revenue
−$745K
Total costs
$220K
Operating income (rev − costs)
−$966K
Operating margin
—
Total charges
$510K
02 — UTILIZATION

Utilization

Total beds
94
Total inpatient days
30,029
Medicare days (Title XVIII)
428
Medicaid days (Title XIX)
5,205
Total discharges
69
CROSS-REFERENCE

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HCRIS.io
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CareLens
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03 — HISTORY

6-year trend

−$560K$704K$2.0M$3.2M201720182019202020222023RevenueOperating Income
YearRevenueOperating IncomeBedsMargin
2017$3.1M−$1.3M60-41.8%
2018$3.0M−$1.5M60-50.5%
2019$3.2M−$1.2M46-37.2%
2020$3.0M−$1.8M46-61.5%
2022−$869K−$1.1M94126.3%
2023−$745K−$966K94129.6%
04 — OWNERSHIP

Ownership chain

OwnerTypeOwnership %Since
BIDNE, KEVINIndividual——
BRUNSVOLD, JERRYIndividual——
DAVIS, CASSIEIndividual——
DAVIS, LYNNIndividual——
JULSETH, PETERIndividual——
KNUTSON, TIMOTHYIndividual——
KRONEMAN, MARIIndividual——
LAMP, ROBERTIndividual——
LOFTAAS, CAROLYNIndividual——
MERCHANT, RUTHIndividual——
NELSON, BRIANIndividual——
NSB BANKOrganization——
SCHRUPP, NANCYIndividual——
STEINBERG, JOSHIndividual——
THOFSON, KATELYNIndividual——
WALETZKO BARTZ, BRITTANYIndividual——
WINTER, SHARINAIndividual——
ACQUISITION SIGNALSHigh census (stable)