SNF COST REPORT · CCN 185176 · FY 2023

CLIFTON OAKS CARE AND REHAB CENTER

LOUISVILLE, KY 40206 · Fiscal year ending 2023-12-31

110 bedsSNF
−$2.3M
TOTAL REVENUE
−$3.3M
OPERATING INCOME
OPERATING MARGIN
110
TOTAL BEDS
116
DISCHARGES
01 — FINANCIAL

Financial summary

Net patient revenue
−$2.3M
Total costs
$1.0M
Operating income (rev − costs)
−$3.3M
Operating margin
Total charges
$2.0M
02 — UTILIZATION

Utilization

Total beds
110
Total inpatient days
34,458
Medicare days (Title XVIII)
1,100
Medicaid days (Title XIX)
31,466
Total discharges
116
03 — HISTORY

7-year trend

−$600K$2.1M$4.8M$7.4M2017201820192020202120222023RevenueOperating Income
YearRevenueOperating IncomeBedsMargin
2017$6.9M−$1.6M100-23.6%
2018$6.1M−$1.5M110-25.3%
2019$5.0M−$1.7M110-33.9%
2020$7.3M−$3.1M110-42.9%
2021$7.4M−$2.2M110-30.1%
2022−$795K−$1.9M110242.0%
2023−$2.3M−$3.3M110144.4%
04 — OWNERSHIP

Ownership chain

OwnerTypeOwnership %Since
JOURNEY CZ OF KY LLCOrganization100%
3 BEES HOLDINGS LLCOrganization
AJOJ HOLDINGS LLCOrganization
BEES FAMILY IRREVOCABLE TRUSTOrganization
BLUE OCEAN TRUSTOrganization
JOURNEY CZ KY HEALTHCARE HOLDINGS LLCOrganization
KAPOOR, SANDEEPIndividual
MCGUINNESS, BERNARDIndividual
MCGUINNESS, BERNARDIndividual
MCGUINNESS, BERNARDIndividual
SHASAM FAMILY TRUSTOrganization
SHASAM HOLDINGS LLCOrganization
SMITH, RHONDAIndividual