What is OAKVIEW MEDICAL CARE FACILITY?

OAKVIEW MEDICAL CARE FACILITY is a Medicare-certified skilled nursing facility located in LUDINGTON, MI (CCN 235072). Stetho tracks its CMS cost report financials, bed count, occupancy, and ownership chain for M&A targeting.

Where is OAKVIEW MEDICAL CARE FACILITY located?

OAKVIEW MEDICAL CARE FACILITY is located in LUDINGTON, MI 99923.

How many beds does OAKVIEW MEDICAL CARE FACILITY have?

OAKVIEW MEDICAL CARE FACILITY has 96 certified beds, with −$4.0M in net patient revenue per its latest CMS cost report.

ACQUISITION SIGNALSDeclining margins

SNF COST REPORT · CCN 235072 · FY 2023

OAKVIEW MEDICAL CARE FACILITY

LUDINGTON, MI 99923 · Fiscal year ending 2023-12-31

96 bedsSNF

−$4.0M

TOTAL REVENUE

−$4.5M

OPERATING INCOME

—

OPERATING MARGIN

TOTAL BEDS

136

DISCHARGES

01 — FINANCIAL

Financial summary

Net patient revenue: −$4.0M
Total costs: $523K
Operating income (rev − costs): −$4.5M
Operating margin: —
Total charges: $264K

02 — UTILIZATION

Utilization

Total beds: 96
Total inpatient days: 25,440
Medicare days (Title XVIII): 558
Medicaid days (Title XIX): 22,162
Total discharges: 136

03 — HISTORY

7-year trend

Year	Revenue	Operating Income	Beds	Margin
2017	$11.9M	−$557K	96	-4.7%
2018	$12.6M	−$344K	96	-2.7%
2019	$12.6M	−$267K	96	-2.1%
2020	$11.4M	−$2.2M	96	-19.7%
2021	$9.7M	−$2.7M	96	-27.8%
2022	−$3.2M	−$3.7M	96	116.4%
2023	−$4.0M	−$4.5M	96	113.2%

04 — OWNERSHIP

Ownership chain

Owner	Type	Ownership %	Since
COUNTY OF MASON	Organization	100%	—
FRANKLYN, NOELLE	Individual	—	—
LAMM, JANNICE	Individual	—	—

CROSS-REFERENCE

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