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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 235618 · FY 2023

OPTALIS CANTON

CANTON, MI 48187 · Fiscal year ending 2023-12-31

150 bedsSNF
$1.7M
TOTAL REVENUE
−$1.1M
OPERATING INCOME
-64.1%
OPERATING MARGIN
150
TOTAL BEDS
1,078
DISCHARGES
01 — FINANCIAL

Financial summary

Net patient revenue
$1.7M
Total costs
$2.8M
Operating income (rev − costs)
−$1.1M
Operating margin
-64.1%
Total charges
$4.7M
02 — UTILIZATION

Utilization

Total beds
150
Total inpatient days
29,621
Medicare days (Title XVIII)
7,621
Medicaid days (Title XIX)
5,271
Total discharges
1,078
CROSS-REFERENCE

Related data on other Healthparse brands

HCRIS.io
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990Health
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CareLens
CMS quality ratings, inspections, staffing
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03 — HISTORY

7-year trend

$2.3M$8.4M$14.5M$20.6M2017201820192020202120222023RevenueOperating Income
YearRevenueOperating IncomeBedsMargin
2017$20.6M−$2.2M150-10.7%
2018$19.9M−$1.8M150-9.2%
2019$18.9M−$493K150-2.6%
2020$12.3M−$2.7M150-21.5%
2021$13.0M−$1.8M150-13.9%
2022−$496K−$3.8M150761.0%
2023$1.7M−$1.1M150-64.1%
04 — OWNERSHIP

Ownership chain

OwnerTypeOwnership %Since
OM HOLDCO 5 LLCOrganization100%—
BRAXTON, LASHAWNDAIndividual——
CHARLES A. DUNN AGREEMENT OF TRUST 3.14.2001Organization——
CHARLES FRANKLIN LLCOrganization——
DUBY, KATRINAIndividual——
HEMANT SHAH 2018 IRREVOCABLE TRUSTOrganization——
OM HOLDCO 5 LLCOrganization——
OPTUM MANAGEMENT SOLUTIONS. INCOrganization——
PAAR 108 LLCOrganization——
PARKER, SETHIndividual——
PATEL, RAJANIndividual——
PINAL R. PATEL 2017 IRREVOCABLE TRUST F/B/O AARNA R. PATELOrganization——
PINAL R. PATEL 2017 IRREVOCABLE TRUST F/B/O ANSH R. PATELOrganization——
PINAL R. PATEL 2020 IRREVOCABLE FAMILY TRUST UAD 10-6-2020Organization——
RAJAN G PATEL 2020 IRR FAM TR UAD 12-3-2020Organization——
SHARON, ROBERTIndividual——
SIENA LENDING GROUP LLCOrganization——
SNW LLCOrganization——