What is GOGEBIC MEDICAL CARE FACILITY?

GOGEBIC MEDICAL CARE FACILITY is a Medicare-certified skilled nursing facility located in WAKEFIELD, MI (CCN 235026). Stetho tracks its CMS cost report financials, bed count, occupancy, and ownership chain for M&A targeting.

Where is GOGEBIC MEDICAL CARE FACILITY located?

GOGEBIC MEDICAL CARE FACILITY is located in WAKEFIELD, MI 49968.

How many beds does GOGEBIC MEDICAL CARE FACILITY have?

GOGEBIC MEDICAL CARE FACILITY has 100 certified beds, with $306K in net patient revenue per its latest CMS cost report.

ACQUISITION SIGNALSDeclining margins

SNF COST REPORT · CCN 235026 · FY 2023

GOGEBIC MEDICAL CARE FACILITY

WAKEFIELD, MI 49968 · Fiscal year ending 2023-12-31

100 bedsSNF

$306K

TOTAL REVENUE

−$212K

OPERATING INCOME

-69.4%

OPERATING MARGIN

100

TOTAL BEDS

DISCHARGES

01 — FINANCIAL

Financial summary

Net patient revenue: $306K
Total costs: $518K
Operating income (rev − costs): −$212K
Operating margin: -69.4%
Total charges: $809K

02 — UTILIZATION

Utilization

Total beds: 100
Total inpatient days: 29,491
Medicare days (Title XVIII): 1,387
Medicaid days (Title XIX): 11,929
Total discharges: 76

03 — HISTORY

7-year trend

Year	Revenue	Operating Income	Beds	Margin
2017	$8.2M	−$2.2M	109	-27.3%
2018	$11.1M	$364K	109	3.3%
2019	$11.3M	−$90K	109	-0.8%
2020	$10.6M	−$1.4M	109	-13.4%
2021	$9.0M	−$1.8M	109	-19.9%
2022	−$1.0M	−$1.6M	100	156.0%
2023	$306K	−$212K	100	-69.4%

04 — OWNERSHIP

Ownership chain

Owner	Type	Ownership %	Since
COUNTY OF GOGEBIC	Organization	100%	—
COOLEY, NATHAN	Individual	—	—
COUNTY OF GOGEBIC	Organization	—	—
JURAKOVICH, MELISSA	Individual	—	—
ROCCO, JAMES	Individual	—	—

CROSS-REFERENCE

Related data on other Healthparse brands

HCRIS.io

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PriceTransparency.io

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990Health

IRS Form 990 financials, executive compensation

CareLens

CMS quality ratings, inspections, staffing

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