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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 185039 · FY 2023

HIGHLANDS NURSING AND REHABILITATION

LOUISVILLE, KY 40205 · Fiscal year ending 2023-12-31

154 bedsSNF
$566K
TOTAL REVENUE
−$542K
OPERATING INCOME
-95.8%
OPERATING MARGIN
154
TOTAL BEDS
245
DISCHARGES
01 — FINANCIAL

Financial summary

Net patient revenue
$566K
Total costs
$1.1M
Operating income (rev − costs)
−$542K
Operating margin
-95.8%
Total charges
$1.4M
02 — UTILIZATION

Utilization

Total beds
154
Total inpatient days
52,934
Medicare days (Title XVIII)
1,450
Medicaid days (Title XIX)
46,738
Total discharges
245
CROSS-REFERENCE

Related data on other Healthparse brands

HCRIS.io
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CareLens
CMS quality ratings, inspections, staffing
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03 — HISTORY

7-year trend

$1.2M$5.0M$8.7M$12.5M2017201820192020202120222023RevenueOperating Income
YearRevenueOperating IncomeBedsMargin
2017$10.7M−$591K154-5.5%
2018$9.5M−$2.6M154-27.1%
2019$3.9M−$142K154-3.6%
2020$12.4M−$856K154-6.9%
2021$12.5M−$2.2M154-17.7%
2022−$616K−$1.7M154278.5%
2023$566K−$542K154-95.8%
ACQUISITION SIGNALSDeclining marginsHigh census (stable)
04 — OWNERSHIP

Ownership chain

OwnerTypeOwnership %Since
HIGHLANDS NURSING AND REHABILITATION HOLDINGS LLCOrganization100%—
MARX, DAVIDIndividual100%—
1705 STEVENS AVE SNF REALTY LLCOrganization——
ALEXANDER, JAMESIndividual——
BLUEGRASS CONSULTING GROUP LLCOrganization——
BOGARD, KENIndividual——
CHAGUA, MARLONIndividual——
CHAMBERLAIN, MARGARETIndividual——
LTC CONSULTING SERVICES LLCOrganization——
PRUITT, PAULIndividual——
REWA, ANGELAIndividual——
RUSSELL, ROBERTIndividual——
SHATROV, ANZHELIKAIndividual——
WOLFE, ERICIndividual——