ACQUISITION SIGNALSDeclining margins
SNF COST REPORT · CCN 185169 · FY 2023
4036 JEFFERSON MANOR REHAB & WELLNES
LOUISVILLE, KY 40222 · Fiscal year ending 2023-12-31
100 bedsSNF
−$157K
TOTAL REVENUE
−$1.2M
OPERATING INCOME
—
OPERATING MARGIN
100
TOTAL BEDS
360
DISCHARGES
01 — FINANCIAL
Financial summary
- Net patient revenue
- −$157K
- Total costs
- $1.1M
- Operating income (rev − costs)
- −$1.2M
- Operating margin
- —
- Total charges
- $2.5M
02 — UTILIZATION
Utilization
- Total beds
- 100
- Total inpatient days
- 26,461
- Medicare days (Title XVIII)
- 1,840
- Medicaid days (Title XIX)
- 19,719
- Total discharges
- 360
03 — HISTORY
7-year trend
| Year | Revenue | Operating Income | Beds | Margin |
|---|---|---|---|---|
| 2017 | $7.7M | −$1.7M | 100 | -22.8% |
| 2018 | $6.3M | −$1.2M | 100 | -18.8% |
| 2019 | $7.8M | $105K | 100 | 1.4% |
| 2020 | $7.5M | −$482K | 100 | -6.4% |
| 2021 | $7.1M | −$1.0M | 100 | -14.6% |
| 2022 | −$354K | −$1.6M | 100 | 454.1% |
| 2023 | −$157K | −$1.2M | 100 | 783.8% |
04 — OWNERSHIP
Ownership chain
| Owner | Type | Ownership % | Since |
|---|---|---|---|
| SHC LP HOLDINGS LLC | Organization | 100% | — |
| ASBR HOLDINGS LLC | Organization | — | — |
| COOPER, ROBERT | Individual | — | — |
| HARRISON, JOHN | Individual | — | — |
| JJLA LLC | Organization | — | — |
| LPSNF LLC | Organization | — | — |
| SMEDRA, IRA | Individual | — | — |
| STEIER III, ELMER | Individual | — | — |
| WHEATEN LLC | Organization | — | — |