SNF COST REPORT · CCN 245224 · FY 2023

AUGUSTANA HEALTH CARE CENTER OF HAST

HASTINGS, MN 55033 · Fiscal year ending 2023-12-31

72 bedsSNF
−$173K
TOTAL REVENUE
−$1.4M
OPERATING INCOME
OPERATING MARGIN
72
TOTAL BEDS
329
DISCHARGES
01 — FINANCIAL

Financial summary

Net patient revenue
−$173K
Total costs
$1.2M
Operating income (rev − costs)
−$1.4M
Operating margin
Total charges
$2.1M
02 — UTILIZATION

Utilization

Total beds
72
Total inpatient days
21,071
Medicare days (Title XVIII)
3,478
Medicaid days (Title XIX)
7,066
Total discharges
329
03 — HISTORY

7-year trend

$275K$2.5M$4.7M$6.9M2017201820192020202120222023RevenueOperating Income
YearRevenueOperating IncomeBedsMargin
2017$6.0M−$1.7M80-29.0%
2018$6.7M−$1.5M80-22.0%
2019$6.9M−$1.2M80-17.1%
2020$6.3M−$1.8M80-29.0%
2021$6.2M−$1.8M80-28.7%
2022−$987K−$1.9M72195.7%
2023−$173K−$1.4M72805.7%
04 — OWNERSHIP

Ownership chain

OwnerTypeOwnership %Since
AUGUSTANA CAREOrganization100%
CASSIAOrganization
DAHL, ROBERTIndividual
ELLINGSON, ERIKIndividual
KERN, MATTHEWIndividual
NYE, GERALDIndividual
PARKS, CHARLESIndividual
RAMSDALE, SCOTTIndividual
STADTHERR, SEELOCHANIIndividual
SZYMANSKI, KIMIndividual
VERLAUTZ, MICHELENEIndividual
YOUNGQUIST, KATHRYNIndividual