SNF COST REPORT · CCN 235123 · FY 2023

DURAND SENIOR CARE AND REHAB CENTER

DURAND, MI 48429 · Fiscal year ending 2023-12-31

141 bedsSNF

−$376K

TOTAL REVENUE

−$1.4M

OPERATING INCOME

—

OPERATING MARGIN

141

TOTAL BEDS

375

DISCHARGES

01 — FINANCIAL

Financial summary

02 — UTILIZATION

03 — HISTORY

Year	Revenue	Operating Income	Beds	Margin
2017	$14.4M	$1.5M	141	10.5%
2018	$14.5M	$1.2M	141	8.3%
2019	$15.0M	$1.7M	141	11.7%
2020	$13.6M	$1.3M	141	9.7%
2021	$13.4M	$1.7M	141	12.5%
2022	−$604K	−$1.5M	141	252.2%
2023	−$376K	−$1.4M	141	363.7%

04 — OWNERSHIP

Owner	Type	Ownership %	Since
NEXCARE HOLDINGS, LLC	Organization	100%	—
BRANSCUM, JAMES	Individual	—	—
EISENBERG, LEO	Individual	—	—
MERLO, JOHN	Individual	—	—
NEXCARE HEALTH SYSTEMS, LLC	Organization	—	—
PERRY, MICHAEL	Individual	—	—
ROBIN EISENBERG 2014 FAMILY TRUST	Organization	—	—
SANGSTER, TODD	Individual	—	—
WRONSKI, FRANK	Individual	—	—

CROSS-REFERENCE