ACQUISITION SIGNALSDeclining margins
SNF COST REPORT · CCN 185355 · FY 2023
RIVER VALLEY NURSING HOME
BUTLER, KY 41006 · Fiscal year ending 2023-12-31
60 bedsSNF
$257K
TOTAL REVENUE
−$155K
OPERATING INCOME
-60.1%
OPERATING MARGIN
60
TOTAL BEDS
112
DISCHARGES
01 — FINANCIAL
Financial summary
- Net patient revenue
- $257K
- Total costs
- $412K
- Operating income (rev − costs)
- −$155K
- Operating margin
- -60.1%
- Total charges
- $418K
02 — UTILIZATION
Utilization
- Total beds
- 60
- Total inpatient days
- 12,175
- Medicare days (Title XVIII)
- 1,113
- Medicaid days (Title XIX)
- 7,067
- Total discharges
- 112
03 — HISTORY
7-year trend
| Year | Revenue | Operating Income | Beds | Margin |
|---|---|---|---|---|
| 2017 | $4.9M | $586K | 60 | 12.0% |
| 2018 | $4.8M | $474K | 60 | 9.9% |
| 2019 | $5.3M | $782K | 60 | 14.9% |
| 2020 | $5.1M | $646K | 60 | 12.6% |
| 2021 | $5.1M | $516K | 60 | 10.1% |
| 2022 | −$425K | −$813K | 60 | 191.2% |
| 2023 | $257K | −$155K | 60 | -60.1% |
04 — OWNERSHIP
Ownership chain
| Owner | Type | Ownership % | Since |
|---|---|---|---|
| NUSSBAUM, MATTISYAHU | Individual | 96% | — |
| NUSSBAUM, MATTISYAHU | Individual | — | — |