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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 315263 · FY 2023

THE PALACE REHAB. & CARE CTR

MAPLE SHADE, NJ 08052 · Fiscal year ending 2023-12-31

165 bedsSNF
−$1.5M
TOTAL REVENUE
−$2.3M
OPERATING INCOME
—
OPERATING MARGIN
165
TOTAL BEDS
181
DISCHARGES
01 — FINANCIAL

Financial summary

Net patient revenue
−$1.5M
Total costs
$765K
Operating income (rev − costs)
−$2.3M
Operating margin
—
Total charges
$872K
02 — UTILIZATION

Utilization

Total beds
165
Total inpatient days
57,014
Medicare days (Title XVIII)
1,049
Medicaid days (Title XIX)
54,599
Total discharges
181
CROSS-REFERENCE

Related data on other Healthparse brands

HCRIS.io
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990Health
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CareLens
CMS quality ratings, inspections, staffing
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03 — HISTORY

7-year trend

$1.9M$6.1M$10.3M$14.6M2017201820192020202120222023RevenueOperating Income
YearRevenueOperating IncomeBedsMargin
2017$12.6M−$145K165-1.2%
2018$12.6M−$214K165-1.7%
2019$12.8M−$145K165-1.1%
2020$14.2M$565K1654.0%
2021$14.6M$383K1652.6%
2022$165K−$456K165-276.6%
2023−$1.5M−$2.3M165150.9%
04 — OWNERSHIP

Ownership chain

OwnerTypeOwnership %Since
ROSENBERG, ESTHERIndividual50%—
ROSENBERG, JONATHANIndividual50%—
DAVE, CHETNAIndividual——
ROSENBERG, ESTHERIndividual——
ROSENBERG, JONATHANIndividual——
SCOTT, LATIFAIndividual——
STERN, SAMUELIndividual——
THE PALACE ASSOCIATES LLCOrganization——
ACQUISITION SIGNALSDeclining marginsHigh census (stable)