SNF COST REPORT · CCN 195565 · FY 2023

CORNERSTONE AT THE RANCH

LAFAYETTE, LA 70506 · Fiscal year ending 2023-12-31

148 bedsSNF

$817K

TOTAL REVENUE

−$444K

OPERATING INCOME

-54.4%

OPERATING MARGIN

148

TOTAL BEDS

124

DISCHARGES

01 — FINANCIAL

Financial summary

02 — UTILIZATION

03 — HISTORY

Year	Revenue	Operating Income	Beds	Margin
2017	$2.6M	−$292K	42	-11.1%
2018	$2.6M	−$337K	42	-12.9%
2019	$1.6M	−$270K	42	-17.3%
2020	$3.6M	−$1.6M	121	-43.6%
2021	$4.9M	−$1.3M	121	-25.6%
2022	$382K	−$567K	121	-148.3%
2023	$817K	−$444K	148	-54.4%

04 — OWNERSHIP

Owner	Type	Ownership %	Since
MYRICK, FRED	Individual	50%	—
SMITH, DAWNE	Individual	50%	—
DSRM PROPCO LAFAYETTE, LLC	Organization	—	—
WALTERS, CINDY	Individual	—	—

CROSS-REFERENCE