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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 245585 · FY 2023

TRAVERSE CARE CENTER

WHEATON, MN 56296 · Fiscal year ending 2023-12-31

50 bedsSNF
−$567K
TOTAL REVENUE
−$987K
OPERATING INCOME
—
OPERATING MARGIN
50
TOTAL BEDS
28
DISCHARGES
01 — FINANCIAL

Financial summary

Net patient revenue
−$567K
Total costs
$419K
Operating income (rev − costs)
−$987K
Operating margin
—
Total charges
$615K
02 — UTILIZATION

Utilization

Total beds
50
Total inpatient days
11,432
Medicare days (Title XVIII)
923
Medicaid days (Title XIX)
5,529
Total discharges
28
CROSS-REFERENCE

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03 — HISTORY

7-year trend

−$60K$1.1M$2.3M$3.5M2017201820192020202120222023RevenueOperating Income
YearRevenueOperating IncomeBedsMargin
2017$3.3M−$660K50-20.2%
2018$3.4M−$567K50-16.6%
2019$3.4M−$831K50-24.8%
2020$3.5M−$1.1M50-31.1%
2021$3.1M−$1.2M50-39.6%
2022−$528K−$942K50178.3%
2023−$567K−$987K50173.9%
ACQUISITION SIGNALSDeclining margins