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SNF COST REPORT · Loading…
Stethopowered by▸healthparse
Practices▾
DermatologyOphthalmologyOrthopedicsDentalUrgent CarePhysical Therapy
Facilities▾
Skilled NursingHome HealthHospiceDialysis
CompareOwnershipOperatorsDealsPricing
PracticesDermatologyOphthalmologyOrthopedicsDentalUrgent CarePhysical TherapyFacilitiesSkilled NursingHome HealthHospiceDialysisCompareOwnershipOperatorsDealsPricing
SNF COST REPORT · CCN 235608 · FY 2023

STRATFORD PINES NURSING AND REHAB

MIDLAND, MI 48642 · Fiscal year ending 2023-12-31

100 bedsSNF
$717K
TOTAL REVENUE
−$442K
OPERATING INCOME
-61.6%
OPERATING MARGIN
100
TOTAL BEDS
337
DISCHARGES
01 — FINANCIAL

Financial summary

Net patient revenue
$717K
Total costs
$1.2M
Operating income (rev − costs)
−$442K
Operating margin
-61.6%
Total charges
$2.6M
02 — UTILIZATION

Utilization

Total beds
100
Total inpatient days
25,572
Medicare days (Title XVIII)
1,890
Medicaid days (Title XIX)
19,393
Total discharges
337
CROSS-REFERENCE

Related data on other Healthparse brands

HCRIS.io
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CareLens
CMS quality ratings, inspections, staffing
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03 — HISTORY

7-year trend

$650K$3.5M$6.3M$9.2M2017201820192020202120222023RevenueOperating Income
YearRevenueOperating IncomeBedsMargin
2017$8.2M−$1.4M94-17.0%
2018$8.8M−$1.4M100-16.2%
2019$9.0M−$1.1M100-12.5%
2020$9.2M−$456K100-5.0%
2021$8.6M−$948K100-11.1%
2022−$1.0M−$2.2M100213.0%
2023$717K−$442K100-61.6%
ACQUISITION SIGNALSDeclining margins
04 — OWNERSHIP

Ownership chain

OwnerTypeOwnership %Since
ACKERMAN, RICKYIndividual——
PLANTE & MORANOrganization——
SCHADE, JEFFERYIndividual——
THOMPSON, BRIANIndividual——
WINKELS, KATHYIndividual——
WOODS, AARONIndividual——