What is PINE HAVEN INC?

PINE HAVEN INC is a Medicare-certified skilled nursing facility located in PINE ISLAND, MN (CCN 245359). Stetho tracks its CMS cost report financials, bed count, occupancy, and ownership chain for M&A targeting.

Where is PINE HAVEN INC located?

PINE HAVEN INC is located in PINE ISLAND, MN 55963.

How many beds does PINE HAVEN INC have?

PINE HAVEN INC has 70 certified beds, with −$1.7M in net patient revenue per its latest CMS cost report.

ACQUISITION SIGNALSDeclining margins

SNF COST REPORT · CCN 245359 · FY 2023

PINE HAVEN INC

PINE ISLAND, MN 55963 · Fiscal year ending 2023-09-30

70 bedsSNF

−$1.7M

TOTAL REVENUE

−$2.3M

OPERATING INCOME

—

OPERATING MARGIN

TOTAL BEDS

DISCHARGES

01 — FINANCIAL

Financial summary

Net patient revenue: −$1.7M
Total costs: $613K
Operating income (rev − costs): −$2.3M
Operating margin: —
Total charges: $507K

02 — UTILIZATION

Utilization

Total beds: 70
Total inpatient days: 17,431
Medicare days (Title XVIII): 853
Medicaid days (Title XIX): 10,404
Total discharges: 55

03 — HISTORY

7-year trend

Year	Revenue	Operating Income	Beds	Margin
2017	$4.6M	−$2.2M	66	-48.3%
2018	$5.8M	−$2.0M	70	-34.4%
2019	$5.8M	−$1.1M	70	-19.0%
2020	$6.6M	−$1.4M	70	-21.1%
2021	$7.1M	−$2.4M	70	-33.8%
2022	$163K	−$390K	70	-239.2%
2023	−$1.7M	−$2.3M	70	136.5%

CROSS-REFERENCE

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