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SNF COST REPORT · Loading…
Stethopowered by▸healthparse
Practices▾
DermatologyOphthalmologyOrthopedicsDentalUrgent CarePhysical Therapy
Facilities▾
Skilled NursingHome HealthHospiceDialysis
CompareOwnershipOperatorsDealsResearchPricing
PracticesDermatologyOphthalmologyOrthopedicsDentalUrgent CarePhysical TherapyFacilitiesSkilled NursingHome HealthHospiceDialysisCompareOwnershipOperatorsDealsResearchPricing
SNF COST REPORT · CCN 225520 · FY 2023

CRNC OPERATING LLC

CAMBRIDGE, MA 02138 · Fiscal year ending 2023-12-31

83 bedsSNF
−$1.2M
TOTAL REVENUE
−$1.9M
OPERATING INCOME
—
OPERATING MARGIN
83
TOTAL BEDS
271
DISCHARGES
01 — FINANCIAL

Financial summary

Net patient revenue
−$1.2M
Total costs
$717K
Operating income (rev − costs)
−$1.9M
Operating margin
—
Total charges
$3.2M
02 — UTILIZATION

Utilization

Total beds
83
Total inpatient days
27,040
Medicare days (Title XVIII)
1,346
Medicaid days (Title XIX)
13,824
Total discharges
271
CROSS-REFERENCE

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04 — OWNERSHIP

Ownership chain

OwnerTypeOwnership %Since
EBZ II HOLDINGS LLCOrganization45%—
NEDLAW II HOLDINGS LLCOrganization20%—
CAMBRIDGE CENTER HOLDINGS LLCOrganization15%—
ARB II HOLDINGS LLCOrganization10%—
YAZ II HOLDINGS LLCOrganization10%—
AWEH, NELSONIndividual——
BARTH, ALEXANDERIndividual——
IKOMI, EMMANUELIndividual——
WALDEN, YEHUDAHIndividual——
WALDEN, YEHUDAHIndividual——
03 — HISTORY

6-year trend

$1.5M$4.9M$8.3M$11.7M201720182019202020222023RevenueOperating Income
YearRevenueOperating IncomeBedsMargin
2017$9.9M$3.5M8334.8%
2018$11.0M$4.5M8340.8%
2019$11.7M$5.3M8345.1%
2020$10.3M$2.9M8328.2%
2022$17K−$661K83-3804.9%
2023−$1.2M−$1.9M83159.3%
ACQUISITION SIGNALSDeclining marginsHigh census (stable)