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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 245516 · FY 2023

MONARCH HEALTHCARE-LAUREL PEAKS

MANKATO, MN 56001 · Fiscal year ending 2023-12-31

60 bedsSNF
$187K
TOTAL REVENUE
−$457K
OPERATING INCOME
-244.1%
OPERATING MARGIN
60
TOTAL BEDS
148
DISCHARGES
01 — FINANCIAL

Financial summary

Net patient revenue
$187K
Total costs
$644K
Operating income (rev − costs)
−$457K
Operating margin
-244.1%
Total charges
$785K
02 — UTILIZATION

Utilization

Total beds
60
Total inpatient days
16,761
Medicare days (Title XVIII)
2,129
Medicaid days (Title XIX)
9,750
Total discharges
148
CROSS-REFERENCE

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03 — HISTORY

7-year trend

$451K$2.2M$4.0M$5.8M2017201820192020202120222023RevenueOperating Income
YearRevenueOperating IncomeBedsMargin
2017$5.0M−$810K65-16.2%
2018$4.8M−$748K65-15.5%
2019$5.8M−$401K65-7.0%
2020$5.4M−$686K65-12.7%
2021$5.1M−$1.3M65-26.1%
2022$529K−$292K65-55.1%
2023$187K−$457K60-244.1%
ACQUISITION SIGNALSDeclining margins
04 — OWNERSHIP

Ownership chain

OwnerTypeOwnership %Since
HALPERT, MARCIndividual23%—
LEGUM, JOSHUAIndividual23%—
SPARTAN HEALTHCARE LLCOrganization23%—
YAZOMA HOLDINGS, LLCOrganization23%—
JAFFA, NOAMIndividual15%—
NIJ LLCOrganization15%—
STERN, WILLIAMIndividual15%—
AREM, JEFFREYIndividual13%—
HML LLCOrganization13%—
MUENCZ, JEFFREYIndividual13%—
LEGUM, JOSHUAIndividual——
MONARCH HEALTHCARE MANAGEMENT LLCOrganization——
MUENCZ, JEFFREYIndividual——
STERN, WILLIAMIndividual——