SNF COST REPORT · CCN 235302 · FY 2023

THE LAURELS OF COLDWATER

COLDWATER, MI 49036 · Fiscal year ending 2023-12-31

169 bedsSNF

−$805K

TOTAL REVENUE

−$1.9M

OPERATING INCOME

—

OPERATING MARGIN

169

TOTAL BEDS

381

DISCHARGES

01 — FINANCIAL

Financial summary

02 — UTILIZATION

03 — HISTORY

Year	Revenue	Operating Income	Beds	Margin
2017	$10.9M	−$2.0M	169	-18.3%
2018	$11.4M	−$1.7M	169	-15.3%
2019	$11.0M	−$3.0M	169	-27.3%
2020	$12.2M	−$2.8M	169	-23.2%
2022	−$506K	−$1.8M	169	347.0%
2023	−$805K	−$1.9M	169	241.4%

04 — OWNERSHIP

Owner	Type	Ownership %	Since
LAUREL HEALTH CARE HOLDINGS, INC.	Organization	100%	—
CIENA HEALTHCARE MANAGEMENT INC	Organization	—	—
COVERT, CURTIS	Individual	—	—
DI REZZE, JUSTIN	Individual	—	—
KHAN, ANIS	Individual	—	—
KHAN, ANIS	Individual	—	—
LAUREL ACQUISITION HOLDING CORPORATION	Organization	—	—
MOHAMMAD A QAZI LIVING TRUST DATED 09/26/97	Organization	—	—
QAZI, MOHAMMAD	Individual	—	—
QAZI, MOHAMMAD	Individual	—	—
QAZI, MOHAMMAD	Individual	—	—
QAZI, MOHAMMAD	Individual	—	—
STOBB, DAVID	Individual	—	—

CROSS-REFERENCE