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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 175532 · FY 2023

REEDS COVE HEALTH AND REHABILITATION

WICHITA, KS 67206 · Fiscal year ending 2023-12-31

58 bedsSNF
−$992K
TOTAL REVENUE
−$1.7M
OPERATING INCOME
—
OPERATING MARGIN
58
TOTAL BEDS
198
DISCHARGES
01 — FINANCIAL

Financial summary

Net patient revenue
−$992K
Total costs
$751K
Operating income (rev − costs)
−$1.7M
Operating margin
—
Total charges
$1.6M
02 — UTILIZATION

Utilization

Total beds
58
Total inpatient days
18,815
Medicare days (Title XVIII)
2,336
Medicaid days (Title XIX)
9,820
Total discharges
198
CROSS-REFERENCE

Related data on other Healthparse brands

HCRIS.io
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CareLens
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03 — HISTORY

7-year trend

$78K$2.0M$4.0M$5.9M2017201820192020202120222023RevenueOperating Income
YearRevenueOperating IncomeBedsMargin
2017$4.5M−$1.6M60-36.7%
2018$5.1M−$1.9M60-36.8%
2019$5.4M−$1.5M60-28.1%
2020$5.9M−$734K58-12.5%
2021$5.9M−$1.3M58-22.0%
2022−$868K−$1.8M58208.1%
2023−$992K−$1.7M58175.7%
ACQUISITION SIGNALSHigh census (stable)
04 — OWNERSHIP

Ownership chain

OwnerTypeOwnership %Since
AXIOM HEALTHCARE ALLIANCE, LLCOrganization100%—
LAKIN, GREGORYIndividual11%—
WICHITA WELLNESS INCOrganization11%—
AXIOM CONSULTING LLCOrganization9%—
HERMES, FREDERICKIndividual9%—
LILLIE, MATTHEWIndividual8%—
MATT LILLIE INVESTMENTS, INCOrganization8%—
EVANS, ROGERIndividual6%—
ROGER EVANS REVOCABLE TRUSTOrganization6%—
DENNIS L. ROSS POD TO TRUSTEE OF DENNIS L. ROSS LIVING TRUST U/A 4/4/1Organization5%—
ROSS, ANNIndividual5%—
ROSS, DENNISIndividual5%—
AXIOM HEALTHCARE SERVICES LLCOrganization——
BECNEL, CHANCEIndividual——
KRUSE, BRENDAIndividual——