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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 235313 · FY 2023

THE LAURELS OF SANDY CREEK

WAYLAND, MI 49348 · Fiscal year ending 2023-12-31

119 bedsSNF
−$1.2M
TOTAL REVENUE
−$2.0M
OPERATING INCOME
—
OPERATING MARGIN
119
TOTAL BEDS
177
DISCHARGES
01 — FINANCIAL

Financial summary

Net patient revenue
−$1.2M
Total costs
$774K
Operating income (rev − costs)
−$2.0M
Operating margin
—
Total charges
$2.2M
02 — UTILIZATION

Utilization

Total beds
119
Total inpatient days
27,089
Medicare days (Title XVIII)
1,115
Medicaid days (Title XIX)
—
Total discharges
177
CROSS-REFERENCE

Related data on other Healthparse brands

HCRIS.io
Medicare cost reports, margins, utilization
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990Health
IRS Form 990 financials, executive compensation
CareLens
CMS quality ratings, inspections, staffing
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03 — HISTORY

6-year trend

−$406K$1.9M$4.2M$6.5M201720182019202020222023RevenueOperating Income
YearRevenueOperating IncomeBedsMargin
2017$5.7M−$1.4M99-24.8%
2018$6.5M−$1.1M99-16.4%
2019$6.1M−$2.7M99-44.0%
2020$6.5M−$2.5M99-38.3%
2022−$1.7M−$2.3M119139.1%
2023−$1.2M−$2.0M119162.6%
04 — OWNERSHIP

Ownership chain

OwnerTypeOwnership %Since
LAUREL HEALTH CARE HOLDINGS, INC.Organization100%—
QAZI, MOHAMMADIndividual100%—
BARNOSKY, SUSANIndividual——
CIENA HEALTHCARE MANAGEMENT INCOrganization——
KHAN, ANISIndividual——
LAUREL HEALTH CARE HOLDINGS, INC.Organization——
QAZI, MOHAMMADIndividual——
QAZI, MOHAMMADIndividual——
STOBB, DAVIDIndividual——