ACQUISITION SIGNALSLow census (turnaround opportunity)
SNF COST REPORT · CCN 225510 · FY 2023
PRESCOTT NURSING AND REHAB BHC OPERA
NORTH ANDOVER, MA 01845 · Fiscal year ending 2023-05-31
126 bedsSNF
$111K
TOTAL REVENUE
−$521K
OPERATING INCOME
-470.4%
OPERATING MARGIN
126
TOTAL BEDS
195
DISCHARGES
01 — FINANCIAL
Financial summary
- Net patient revenue
- $111K
- Total costs
- $632K
- Operating income (rev − costs)
- −$521K
- Operating margin
- -470.4%
- Total charges
- $459K
02 — UTILIZATION
Utilization
- Total beds
- 126
- Total inpatient days
- 14,178
- Medicare days (Title XVIII)
- 2,484
- Medicaid days (Title XIX)
- 7,539
- Total discharges
- 195
03 — HISTORY
7-year trend
| Year | Revenue | Operating Income | Beds | Margin |
|---|---|---|---|---|
| 2017 | $18.2M | $2.8M | 126 | 15.6% |
| 2018 | $18.6M | $2.6M | 126 | 14.1% |
| 2019 | $18.4M | $2.2M | 126 | 12.0% |
| 2020 | $16.1M | $758K | 126 | 4.7% |
| 2021 | $9.7M | $2.1M | 126 | 21.1% |
| 2022 | −$982K | −$2.3M | 126 | 235.7% |
| 2023 | $111K | −$521K | 126 | -470.4% |
04 — OWNERSHIP
Ownership chain
| Owner | Type | Ownership % | Since |
|---|---|---|---|
| PRESWEST HOLDING COMPANY LLC | Organization | 100% | — |
| BROWN, AVROHOM | Individual | 33% | — |
| CHAPLER, YAAKOV | Individual | 33% | — |
| STEINBERG, MOSHE | Individual | 33% | — |
| AL-MADI, SAMI | Individual | — | — |
| BROWN, AVROHOM | Individual | — | — |