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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 225584 · FY 2023

PARK AVE SNF OPERATIONS LLC

ARLINGTON, MA 02174 · Fiscal year ending 2023-12-31

89 bedsSNF
−$823K
TOTAL REVENUE
−$1.7M
OPERATING INCOME
—
OPERATING MARGIN
89
TOTAL BEDS
292
DISCHARGES
01 — FINANCIAL

Financial summary

Net patient revenue
−$823K
Total costs
$911K
Operating income (rev − costs)
−$1.7M
Operating margin
—
Total charges
$692K
02 — UTILIZATION

Utilization

Total beds
89
Total inpatient days
29,565
Medicare days (Title XVIII)
3,623
Medicaid days (Title XIX)
19,943
Total discharges
292
CROSS-REFERENCE

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HCRIS.io
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CareLens
CMS quality ratings, inspections, staffing
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03 — HISTORY

7-year trend

$695K$3.1M$5.6M$8.0M2017201820192020202120222023RevenueOperating Income
YearRevenueOperating IncomeBedsMargin
2017$8.0M−$793K89-9.9%
2018$7.6M−$560K89-7.3%
2019$7.3M−$890K89-12.2%
2020$6.9M−$1.6M89-23.7%
2021$4.4M−$1.4M89-30.9%
2022−$161K−$1.5M89924.9%
2023−$823K−$1.7M89210.7%
ACQUISITION SIGNALSDeclining marginsHigh census (stable)
04 — OWNERSHIP

Ownership chain

OwnerTypeOwnership %Since
CHAPLER, YAAKOVIndividual——
CHAPLER, YAAKOVIndividual——
LABELLE, GERALDIndividual——
NOE, CHERIEIndividual——
STEINBERG, MOSHEIndividual——
STEINBERG, MOSHEIndividual——