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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 235109 · FY 2023

OPTALIS GROSSE POINTE

GROSSE POINTE, MI 48236 · Fiscal year ending 2023-12-31

80 bedsSNF
−$689K
TOTAL REVENUE
−$1.7M
OPERATING INCOME
—
OPERATING MARGIN
80
TOTAL BEDS
499
DISCHARGES
01 — FINANCIAL

Financial summary

Net patient revenue
−$689K
Total costs
$1.0M
Operating income (rev − costs)
−$1.7M
Operating margin
—
Total charges
$2.1M
02 — UTILIZATION

Utilization

Total beds
80
Total inpatient days
13,163
Medicare days (Title XVIII)
2,189
Medicaid days (Title XIX)
2,940
Total discharges
499
CROSS-REFERENCE

Related data on other Healthparse brands

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

7-year trend

−$714K$3.0M$6.8M$10.6M2017201820192020202120222023RevenueOperating Income
YearRevenueOperating IncomeBedsMargin
2017$9.0M−$2.0M80-22.1%
2018$9.9M−$1.4M80-13.8%
2019$10.6M−$127K80-1.2%
2020$7.5M−$1.8M80-23.6%
2021$7.2M−$1.5M80-21.4%
2022−$2.3M−$4.5M80191.5%
2023−$689K−$1.7M80250.9%
ACQUISITION SIGNALSLow census (turnaround opportunity)
04 — OWNERSHIP

Ownership chain

OwnerTypeOwnership %Since
OM HOLDCO 5 LLCOrganization100%—
ARNOLD, LAKARA SHALEEIndividual——
CHARLES A. DUNN AGREEMENT OF TRUST 3.14.2001Organization——
CHARLES FRANKLIN LLCOrganization——
HEMANT SHAH 2018 IRREVOCABLE TRUSTOrganization——
MICHELIN, KELSEYIndividual——
OPTALIS LP INVESTORS 5 LLCOrganization——
OPTUM MANAGEMENT SOLUTIONS. INCOrganization——
PAAR 108 LLCOrganization——
PARKER, SETHIndividual——
PATEL, RAJANIndividual——
PINAL R. PATEL 2017 IRREVOCABLE TRUST F/B/O AARNA R. PATELOrganization——
PINAL R. PATEL 2017 IRREVOCABLE TRUST F/B/O ANSH R. PATELOrganization——
PINAL R. PATEL 2020 IRREVOCABLE FAMILY TRUST UAD 10-6-2020Organization——
RAJAN G PATEL 2020 IRR FAM TR UAD 12-3-2020Organization——
SHARON, ROBERTIndividual——
SIENA LENDING GROUP LLCOrganization——
SNW LLCOrganization——