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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 235206 · FY 2023

WHITEHALL SNF LLC

WHITEHALL, MI 49461 · Fiscal year ending 2023-12-31

125 bedsSNF
−$3.1M
TOTAL REVENUE
−$4.1M
OPERATING INCOME
—
OPERATING MARGIN
125
TOTAL BEDS
271
DISCHARGES
01 — FINANCIAL

Financial summary

Net patient revenue
−$3.1M
Total costs
$1.0M
Operating income (rev − costs)
−$4.1M
Operating margin
—
Total charges
$2.3M
02 — UTILIZATION

Utilization

Total beds
125
Total inpatient days
28,279
Medicare days (Title XVIII)
2,000
Medicaid days (Title XIX)
19,451
Total discharges
271
CROSS-REFERENCE

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CareLens
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03 — HISTORY

6-year trend

−$512K$3.1M$6.7M$10.4M201820192020202120222023RevenueOperating Income
YearRevenueOperating IncomeBedsMargin
2018$4.6M$463K12510.0%
2019$9.8M$1.1M12511.2%
2020$10.0M$93K1250.9%
2021$10.4M−$169K125-1.6%
2022−$2.3M−$3.5M125150.1%
2023−$3.1M−$4.1M125132.7%
04 — OWNERSHIP

Ownership chain

OwnerTypeOwnership %Since
OM HOLDCO 7 LLCOrganization100%—
COOPER, LINDSAYIndividual——
OPTUM MANAGEMENT SOLUTIONS. INCOrganization——
PAAR 108 LLCOrganization——
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——
SOLAREWICZ, KRYSTYNAIndividual——
VAGNETTI, KIMIndividual——
ACQUISITION SIGNALSDeclining margins