SNF COST REPORT · CCN 235615 · FY 2023
WOODCARE V INC
BRIGHTON, MI 48116 · Fiscal year ending 2023-12-31
136 bedsSNF
$707K
TOTAL REVENUE
−$1.3M
OPERATING INCOME
-184.3%
OPERATING MARGIN
136
TOTAL BEDS
829
DISCHARGES
01 — FINANCIAL
Financial summary
- Net patient revenue
- $707K
- Total costs
- $2.0M
- Operating income (rev − costs)
- −$1.3M
- Operating margin
- -184.3%
- Total charges
- $2.8M
02 — UTILIZATION
Utilization
- Total beds
- 136
- Total inpatient days
- 41,086
- Medicare days (Title XVIII)
- 7,294
- Medicaid days (Title XIX)
- 2,887
- Total discharges
- 829
03 — HISTORY
6-year trend
| Year | Revenue | Operating Income | Beds | Margin |
|---|---|---|---|---|
| 2017 | $2.8M | −$5.9M | 60 | -206.6% |
| 2018 | $2.9M | −$6.6M | 60 | -228.6% |
| 2019 | $3.5M | −$5.5M | 60 | -156.3% |
| 2020 | $6.0M | −$3.5M | 60 | -58.7% |
| 2022 | $439K | −$1.5M | 136 | -334.3% |
| 2023 | $707K | −$1.3M | 136 | -184.3% |