SNF COST REPORT · CCN 185300 · FY 2023

4044 SUMMERFIELD REHAB & WELLNESS CE

LOUISVILLE, KY 40216 · Fiscal year ending 2023-12-31

165 bedsSNF

−$1.6M

TOTAL REVENUE

−$3.7M

OPERATING INCOME

—

OPERATING MARGIN

165

TOTAL BEDS

786

DISCHARGES

01 — FINANCIAL

Financial summary

02 — UTILIZATION

03 — HISTORY

Year	Revenue	Operating Income	Beds	Margin
2017	$10.6M	−$2.6M	165	-24.8%
2018	$9.3M	−$1.8M	165	-19.7%
2019	$10.9M	−$1.1M	165	-10.0%
2020	$10.6M	−$3.0M	165	-28.2%
2021	$8.4M	−$1.2M	165	-14.4%
2022	−$1.8M	−$2.9M	165	160.5%
2023	−$1.6M	−$3.7M	165	231.4%

04 — OWNERSHIP

Owner	Type	Ownership %	Since
SHC LP HOLDINGS LLC	Organization	100%	—
ASBR HOLDINGS LLC	Organization	—	—
COCANOUGHER, DESIRAE	Individual	—	—
HARRISON, JOHN	Individual	—	—
JJLA LLC	Organization	—	—
LPSNF LLC	Organization	—	—
SIGNATURE HEALTHCARE LLC	Organization	—	—
SMEDRA, IRA	Individual	—	—
STEIER III, ELMER	Individual	—	—
WHEATEN LLC	Organization	—	—

CROSS-REFERENCE