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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 235635 · FY 2023

CARETEL INNS OF TRI CITIES

BAY CITY, MI 48706 · Fiscal year ending 2023-12-31

100 bedsSNF
−$887K
TOTAL REVENUE
−$2.2M
OPERATING INCOME
—
OPERATING MARGIN
100
TOTAL BEDS
337
DISCHARGES
01 — FINANCIAL

Financial summary

Net patient revenue
−$887K
Total costs
$1.4M
Operating income (rev − costs)
−$2.2M
Operating margin
—
Total charges
$2.5M
02 — UTILIZATION

Utilization

Total beds
100
Total inpatient days
31,272
Medicare days (Title XVIII)
3,328
Medicaid days (Title XIX)
9,078
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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04 — OWNERSHIP

Ownership chain

OwnerTypeOwnership %Since
SYMPHONY OF MICHIGAN HOLDINGS LLCOrganization100%—
BENOIT HOLDINGS LLCOrganization——
CALUMET SOUTH LLCOrganization——
DRAKE LOUIS ENTERPRISE, LLCOrganization——
FAIRHOME TRUST UAD 12312012Organization——
GZLT HOLDINGS LLCOrganization——
HARTMAN, DAVIDIndividual——
HARTMAN, DAVIDIndividual——
HARTMAN, DAVIDIndividual——
HARTMAN, MARKIndividual——
KRUPP, ARIIndividual——
KRUPP, ARIIndividual——
KRUPP, ARIIndividual——
MCGOURTY, DIANEIndividual——
SENDEROWICZ, YOSSIIndividual——
WILLOW DELTA TRUSTOrganization——
ACQUISITION SIGNALSHigh census (stable)
03 — HISTORY

6-year trend

−$2.0M$856K$3.7M$6.6M201720182019202020222023RevenueOperating Income
YearRevenueOperating IncomeBedsMargin
2017$2.5M−$4.8M60-188.1%
2018$2.1M−$4.9M60-238.1%
2019$2.4M−$3.6M60-150.9%
2020$6.6M−$1.4M60-21.1%
2022−$341K−$1.4M100420.9%
2023−$887K−$2.2M100252.8%