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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 235716 · FY 2023

WELLBRIDGE OF ROCHESTER HILLS LLC

ROCHESTER, MI 48307 · Fiscal year ending 2023-12-31

100 bedsSNF
−$62K
TOTAL REVENUE
−$2.2M
OPERATING INCOME
—
OPERATING MARGIN
100
TOTAL BEDS
852
DISCHARGES
01 — FINANCIAL

Financial summary

Net patient revenue
−$62K
Total costs
$2.2M
Operating income (rev − costs)
−$2.2M
Operating margin
—
Total charges
$8.2M
02 — UTILIZATION

Utilization

Total beds
100
Total inpatient days
31,795
Medicare days (Title XVIII)
7,123
Medicaid days (Title XIX)
14,378
Total discharges
852
CROSS-REFERENCE

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

7-year trend

$1.7M$6.3M$10.8M$15.4M2017201820192020202120222023RevenueOperating Income
YearRevenueOperating IncomeBedsMargin
2017$10.2M−$2.8M100-27.5%
2018$10.8M−$2.1M100-19.9%
2019$15.2M$1.4M1009.2%
2020$15.4M$2.6M10017.0%
2021$14.4M$3.0M10020.7%
2022−$660K−$2.9M100439.0%
2023−$62K−$2.2M1003558.1%
ACQUISITION SIGNALSHigh census (stable)
04 — OWNERSHIP

Ownership chain

OwnerTypeOwnership %Since
BRANSCUM, JAMESIndividual30%—
E2G, LLCOrganization30%—
EISENBERG, LEOIndividual30%—
SENIOR CARE EQUITIES NO 16 LLCOrganization30%—
WRONSKI, FRANKIndividual30%—
PERRY, MICHAELIndividual5%—
NEXCARE HEALTH SYSTEMS, LLCOrganization——
SANGSTER, TODDIndividual——
TOLLIVER, DONALDIndividual——