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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 245283 · FY 2023

THE WATERVIEW PINES LLC

VIRGINIA, MN 55792 · Fiscal year ending 2023-12-31

83 bedsSNF
$334K
TOTAL REVENUE
−$470K
OPERATING INCOME
-140.5%
OPERATING MARGIN
83
TOTAL BEDS
149
DISCHARGES
01 — FINANCIAL

Financial summary

Net patient revenue
$334K
Total costs
$804K
Operating income (rev − costs)
−$470K
Operating margin
-140.5%
Total charges
$1.1M
02 — UTILIZATION

Utilization

Total beds
83
Total inpatient days
21,117
Medicare days (Title XVIII)
3,233
Medicaid days (Title XIX)
11,687
Total discharges
149
CROSS-REFERENCE

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03 — HISTORY

5-year trend

$1.3M$3.6M$6.0M$8.4M20192020202120222023RevenueOperating Income
YearRevenueOperating IncomeBedsMargin
2019$4.7M$77K831.6%
2020$8.4M$349K834.1%
2021$8.3M−$280K83-3.4%
2022−$305K−$1.1M83370.8%
2023$334K−$470K83-140.5%
ACQUISITION SIGNALSDeclining margins
04 — OWNERSHIP

Ownership chain

OwnerTypeOwnership %Since
HALPERT, MARCIndividual30%—
LEGUM, JOSHUAIndividual30%—
SPARTAN HEALTHCARE LLCOrganization30%—
YAZOMA HOLDINGS, LLCOrganization30%—
STERN, WILLIAMIndividual20%—
WBS HOLDINGS LLCOrganization20%—
AREM, JEFFREYIndividual10%—
JAFFA, NOAMIndividual10%—
JCA HOLDINGS LLCOrganization10%—
NIJ LLCOrganization10%—
HALPERT, MARCIndividual——
JAFFA, NOAMIndividual——
LEGUM, JOSHUAIndividual——
MONARCH HEALTHCARE OPERATING VIII LLCOrganization——
STERN, WILLIAMIndividual——