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SNF COST REPORT · Loading…
Stethopowered by▸healthparse
Practices▾
DermatologyOphthalmologyOrthopedicsDentalUrgent CarePhysical Therapy
Facilities▾
Skilled NursingHome HealthHospiceDialysis
CompareOwnershipOperatorsDealsResearchPricing
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SNF COST REPORT · CCN 315224 · FY 2023

FOREST MANOR HEALTH CARE CENTER

HOPE, NJ 07844 · Fiscal year ending 2023-12-31

120 bedsSNF
−$2.4M
TOTAL REVENUE
−$3.3M
OPERATING INCOME
—
OPERATING MARGIN
120
TOTAL BEDS
237
DISCHARGES
01 — FINANCIAL

Financial summary

Net patient revenue
−$2.4M
Total costs
$927K
Operating income (rev − costs)
−$3.3M
Operating margin
—
Total charges
$977K
02 — UTILIZATION

Utilization

Total beds
120
Total inpatient days
30,046
Medicare days (Title XVIII)
3,478
Medicaid days (Title XIX)
21,865
Total discharges
237
CROSS-REFERENCE

Related data on other Healthparse brands

HCRIS.io
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CareLens
CMS quality ratings, inspections, staffing
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03 — HISTORY

7-year trend

$210K$3.7M$7.2M$10.7M2017201820192020202120222023RevenueOperating Income
YearRevenueOperating IncomeBedsMargin
2017$10.7M$335K1203.1%
2018$10.7M$17K1200.2%
2019$9.5M−$1.4M120-14.9%
2020$9.3M−$1.5M120-16.6%
2021$8.6M−$2.5M120-28.8%
2022−$2.3M−$3.3M120140.8%
2023−$2.4M−$3.3M120139.2%
ACQUISITION SIGNALSDeclining margins
04 — OWNERSHIP

Ownership chain

OwnerTypeOwnership %Since
FOREST MANOR AQUISITION 1LLCOrganization100%—
FARKAS, ZEVIndividual50%—
NICHOLSON, WILLIAMIndividual50%—
FARKAS, ZEVIndividual——