ACQUISITION SIGNALSDeclining marginsHigh census (stable)
SNF COST REPORT · CCN 225448 · FY 2023
CATHOLIC MEMORIAL HOME INC.
FALL RIVER, MA 02720 · Fiscal year ending 2023-12-31
249 bedsSNF
$1.1M
TOTAL REVENUE
−$772K
OPERATING INCOME
-69.1%
OPERATING MARGIN
249
TOTAL BEDS
194
DISCHARGES
01 — FINANCIAL
Financial summary
- Net patient revenue
- $1.1M
- Total costs
- $1.9M
- Operating income (rev − costs)
- −$772K
- Operating margin
- -69.1%
- Total charges
- $4.1M
02 — UTILIZATION
Utilization
- Total beds
- 249
- Total inpatient days
- 79,222
- Medicare days (Title XVIII)
- 2,896
- Medicaid days (Title XIX)
- 53,993
- Total discharges
- 194
03 — HISTORY
7-year trend
| Year | Revenue | Operating Income | Beds | Margin |
|---|---|---|---|---|
| 2017 | $33.2M | $9.6M | 300 | 28.7% |
| 2018 | $34.1M | $9.8M | 300 | 28.6% |
| 2019 | $34.4M | $10.1M | 300 | 29.3% |
| 2020 | $33.1M | $8.7M | 273 | 26.4% |
| 2021 | $27.7M | $5.5M | 273 | 19.8% |
| 2022 | −$668K | −$2.4M | 249 | 355.5% |
| 2023 | $1.1M | −$772K | 249 | -69.1% |
04 — OWNERSHIP
Ownership chain
| Owner | Type | Ownership % | Since |
|---|---|---|---|
| CADIME, LISA | Individual | — | — |
| DA CUNHA, EDGAR | Individual | — | — |
| JONCAS, CHRISTOPHER | Individual | — | — |
| MITCHELL, LAURA | Individual | — | — |
| ROQUE, JOANNE | Individual | — | — |