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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 185095 · FY 2023

HILLCREEK REHAB AND CARE LLC

LOUISVILLE, KY 40220 · Fiscal year ending 2023-06-05

172 bedsSNF
−$4.4M
TOTAL REVENUE
−$5.8M
OPERATING INCOME
—
OPERATING MARGIN
172
TOTAL BEDS
175
DISCHARGES
01 — FINANCIAL

Financial summary

Net patient revenue
−$4.4M
Total costs
$1.4M
Operating income (rev − costs)
−$5.8M
Operating margin
—
Total charges
$2.4M
02 — UTILIZATION

Utilization

Total beds
172
Total inpatient days
22,237
Medicare days (Title XVIII)
697
Medicaid days (Title XIX)
19,324
Total discharges
175
CROSS-REFERENCE

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

7-year trend

−$1.2M$3.4M$8.0M$12.6M2017201820192020202120222023RevenueOperating Income
YearRevenueOperating IncomeBedsMargin
2017$11.6M−$1.2M172-10.4%
2018$11.3M−$704K172-6.2%
2019$8.6M−$1.6M172-18.7%
2020$12.6M−$3.6M172-29.0%
2021$12.2M−$3.6M172-29.2%
2022−$665K−$3.1M172466.4%
2023−$4.4M−$5.8M172131.1%
ACQUISITION SIGNALSDeclining marginsLow census (turnaround opportunity)