What is ALLEGAN COUNTY MEDICAL CARE FACILITY?

ALLEGAN COUNTY MEDICAL CARE FACILITY is a Medicare-certified skilled nursing facility located in ALLEGAN, MI (CCN 235213). Stetho tracks its CMS cost report financials, bed count, occupancy, and ownership chain for M&A targeting.

Where is ALLEGAN COUNTY MEDICAL CARE FACILITY located?

ALLEGAN COUNTY MEDICAL CARE FACILITY is located in ALLEGAN, MI 49010.

How many beds does ALLEGAN COUNTY MEDICAL CARE FACILITY have?

ALLEGAN COUNTY MEDICAL CARE FACILITY has 70 certified beds, with −$2.4M in net patient revenue per its latest CMS cost report.

ACQUISITION SIGNALSDeclining marginsLow census (turnaround opportunity)

SNF COST REPORT · CCN 235213 · FY 2023

ALLEGAN COUNTY MEDICAL CARE FACILITY

ALLEGAN, MI 49010 · Fiscal year ending 2023-12-31

70 bedsSNF

−$2.4M

TOTAL REVENUE

−$2.7M

OPERATING INCOME

—

OPERATING MARGIN

TOTAL BEDS

DISCHARGES

01 — FINANCIAL

Financial summary

Net patient revenue: −$2.4M
Total costs: $313K
Operating income (rev − costs): −$2.7M
Operating margin: —
Total charges: $775K

02 — UTILIZATION

Utilization

Total beds: 70
Total inpatient days: 11,427
Medicare days (Title XVIII): 336
Medicaid days (Title XIX): 8,031
Total discharges: 34

03 — HISTORY

7-year trend

Year	Revenue	Operating Income	Beds	Margin
2017	$7.9M	−$317K	70	-4.0%
2018	$7.7M	−$578K	70	-7.5%
2019	$8.2M	−$348K	70	-4.3%
2020	$6.7M	−$1.6M	70	-23.2%
2021	$5.1M	−$2.4M	70	-46.4%
2022	−$2.2M	−$2.4M	70	109.0%
2023	−$2.4M	−$2.7M	70	113.1%

04 — OWNERSHIP

Ownership chain

Owner	Type	Ownership %	Since
COUNTY OF ALLEGAN	Organization	100%	—
TURCOTT, KIMBERLY	Individual	—	—

CROSS-REFERENCE

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HCRIS.io

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990Health

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CareLens

CMS quality ratings, inspections, staffing

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