SNF COST REPORT · CCN 225567 · FY 2023

SEACOAST NURSING & REHABILITATION CE

GLOUCESTER, MA 01930 · Fiscal year ending 2023-12-31

142 bedsSNF

$450K

TOTAL REVENUE

−$1.1M

OPERATING INCOME

-238.9%

OPERATING MARGIN

142

TOTAL BEDS

528

DISCHARGES

01 — FINANCIAL

Financial summary

02 — UTILIZATION

03 — HISTORY

Year	Revenue	Operating Income	Beds	Margin
2017	$18.0M	$3.3M	142	18.3%
2018	$12.4M	−$1.9M	142	-15.5%
2019	$13.2M	−$2.7M	142	-20.7%
2020	$11.8M	−$2.7M	142	-23.3%
2021	$8.1M	−$1.6M	142	-19.5%
2022	−$1.8M	−$3.2M	142	177.3%
2023	$450K	−$1.1M	142	-238.9%

04 — OWNERSHIP

Owner	Type	Ownership %	Since
MORRIS, KEVIN	Individual	100%	—
MORRIS, KEVIN	Individual	—	—
NOBLE, ERIC	Individual	—	—

CROSS-REFERENCE