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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 275030 · FY 2023

PARK PLACE TRANSITIONAL CARE AND REH

GREAT FALLS, MT 59405 · Fiscal year ending 2023-12-31

189 bedsSNF
$6.8M
TOTAL REVENUE
$5.3M
OPERATING INCOME
77.4%
OPERATING MARGIN
189
TOTAL BEDS
319
DISCHARGES
01 — FINANCIAL

Financial summary

Net patient revenue
$6.8M
Total costs
$1.5M
Operating income (rev − costs)
$5.3M
Operating margin
77.4%
Total charges
$4.8M
02 — UTILIZATION

Utilization

Total beds
189
Total inpatient days
30,575
Medicare days (Title XVIII)
6,760
Medicaid days (Title XIX)
19,156
Total discharges
319
CROSS-REFERENCE

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CareLens
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ACQUISITION SIGNALSLow census (turnaround opportunity)
04 — OWNERSHIP

Ownership chain

OwnerTypeOwnership %Since
AJC HEALTHCARE LLCOrganization——
CHESLEY, AARONIndividual——
CHESLEY, AARONIndividual——
CRICKMORE, REIDIndividual——
GAMETT, JAMESIndividual——
GUERRERO, STEPHANIEIndividual——
JBG PARTNERS LLCOrganization——
SWEETWATER CARE OPCO LLCOrganization——
03 — HISTORY

7-year trend

−$4.0M$836K$5.7M$10.6M2017201820192020202120222023RevenueOperating Income
YearRevenueOperating IncomeBedsMargin
2017$3.8M−$8.9M189-232.5%
2018$10.6M$1.4M18913.4%
2019$9.7M$760K1897.8%
2020$9.7M$988K18910.2%
2021$8.2M$540K1896.6%
2022$306K−$866K189-283.0%
2023$6.8M$5.3M18977.4%