ACQUISITION SIGNALSHigh census (stable)
SNF COST REPORT · CCN 225173 · FY 2023
JEWISH HEALTHCARE CENTER INC
WORCESTER, MA 01609 · Fiscal year ending 2023-12-31
141 bedsSNF
−$3.9M
TOTAL REVENUE
−$6.2M
OPERATING INCOME
—
OPERATING MARGIN
141
TOTAL BEDS
659
DISCHARGES
01 — FINANCIAL
Financial summary
- Net patient revenue
- −$3.9M
- Total costs
- $2.3M
- Operating income (rev − costs)
- −$6.2M
- Operating margin
- —
- Total charges
- $2.0M
02 — UTILIZATION
Utilization
- Total beds
- 141
- Total inpatient days
- 47,247
- Medicare days (Title XVIII)
- 4,171
- Medicaid days (Title XIX)
- 23,506
- Total discharges
- 659
03 — HISTORY
7-year trend
| Year | Revenue | Operating Income | Beds | Margin |
|---|---|---|---|---|
| 2017 | $16.0M | −$3.2M | 141 | -20.0% |
| 2018 | $16.2M | −$3.7M | 141 | -22.7% |
| 2019 | $16.5M | −$4.4M | 141 | -26.7% |
| 2020 | $15.5M | −$4.3M | 141 | -27.7% |
| 2021 | $17.2M | −$3.4M | 141 | -20.0% |
| 2022 | −$3.5M | −$5.7M | 141 | 161.5% |
| 2023 | −$3.9M | −$6.2M | 141 | 159.5% |
04 — OWNERSHIP
Ownership chain
| Owner | Type | Ownership % | Since |
|---|---|---|---|
| AFRAME, JAY | Individual | — | — |
| CHANDLER, HARRIETTE | Individual | — | — |
| COHEN, LISA | Individual | — | — |
| CUKER, JONAH | Individual | — | — |
| FEINGOLD, ALAN | Individual | — | — |
| FINS, DEBORAH | Individual | — | — |
| GLICK, EDWARD | Individual | — | — |
| GREENBERG, JOEL | Individual | — | — |
| GREGERMAN, MINNA | Individual | — | — |
| HERMAN, PETER | Individual | — | — |
| KASHUK, GERALD | Individual | — | — |
| KRINTZMAN, STEVEN | Individual | — | — |
| LIBRANDI, VINCENT | Individual | — | — |
| LIBRANDI, VINCENT | Individual | — | — |
| LORSTEIN, BLANCHE | Individual | — | — |
| LORUSSO, ANTHONY | Individual | — | — |
| MARKOWITZ, JUDY | Individual | — | — |
| OSTROW, PHILIP | Individual | — | — |
| PALLEY, WARREN | Individual | — | — |
| PATRICK, NEIL | Individual | — | — |
| PELLETZ, MELVIN | Individual | — | — |
| SALITSKY, BARBARA | Individual | — | — |
| SEDER, JOSEPH | Individual | — | — |
| SHEAR, MARK | Individual | — | — |
| SHER, PHILIP | Individual | — | — |
| SHWACHMAN, MATT | Individual | — | — |
| STARR, DOROTHY | Individual | — | — |
| TRAIGER, LAURA | Individual | — | — |
| WAHLE, BRUCE | Individual | — | — |
| WICE, MARISSA | Individual | — | — |
| YAFFE, ALAN | Individual | — | — |
| YOFFIE, ALAN | Individual | — | — |