ACQUISITION SIGNALSHigh census (stable)
SNF COST REPORT · CCN 225634 · FY 2023
CARE ONE AT WEYMOUTH
WEYMOUTH, MA 02189 · Fiscal year ending 2023-12-31
154 bedsSNF
−$2.3M
TOTAL REVENUE
−$5.8M
OPERATING INCOME
—
OPERATING MARGIN
154
TOTAL BEDS
1,084
DISCHARGES
01 — FINANCIAL
Financial summary
- Net patient revenue
- −$2.3M
- Total costs
- $3.6M
- Operating income (rev − costs)
- −$5.8M
- Operating margin
- —
- Total charges
- $8.4M
02 — UTILIZATION
Utilization
- Total beds
- 154
- Total inpatient days
- 49,818
- Medicare days (Title XVIII)
- 10,266
- Medicaid days (Title XIX)
- 28,806
- Total discharges
- 1,084
03 — HISTORY
7-year trend
| Year | Revenue | Operating Income | Beds | Margin |
|---|---|---|---|---|
| 2017 | $26.4M | $9.3M | 154 | 35.2% |
| 2018 | $26.2M | $9.1M | 154 | 34.8% |
| 2019 | $26.4M | $9.3M | 154 | 35.1% |
| 2020 | $21.6M | $3.9M | 154 | 18.1% |
| 2021 | $22.4M | $4.3M | 154 | 19.1% |
| 2022 | −$1.3M | −$4.6M | 154 | 343.6% |
| 2023 | −$2.3M | −$5.8M | 154 | 258.0% |
04 — OWNERSHIP
Ownership chain
| Owner | Type | Ownership % | Since |
|---|---|---|---|
| THCI OF MASSACHUSETTS, LLC | Organization | 100% | — |
| BARUCH, DAVID | Individual | — | — |
| BARUCH, DAVID | Individual | — | — |
| CARE REALTY, LLC | Organization | — | — |
| DES-I 2016 GRAT | Organization | — | — |
| HEALTHBRIDGE MANAGEMENT LLC | Organization | — | — |
| STRAUS, DANIEL | Individual | — | — |