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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 315279 · FY 2023

EDISON HEALTHCARE LLC

EDISON, NJ 08817 · Fiscal year ending 2023-12-31

280 bedsSNF
−$3.4M
TOTAL REVENUE
−$5.4M
OPERATING INCOME
—
OPERATING MARGIN
280
TOTAL BEDS
511
DISCHARGES
01 — FINANCIAL

Financial summary

Net patient revenue
−$3.4M
Total costs
$2.0M
Operating income (rev − costs)
−$5.4M
Operating margin
—
Total charges
$2.1M
02 — UTILIZATION

Utilization

Total beds
280
Total inpatient days
80,460
Medicare days (Title XVIII)
7,140
Medicaid days (Title XIX)
60,814
Total discharges
511
CROSS-REFERENCE

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ACQUISITION SIGNALSDeclining margins
03 — HISTORY

6-year trend

$3.1M$11.6M$20.1M$28.6M201720182019202120222023RevenueOperating Income
YearRevenueOperating IncomeBedsMargin
2017$28.6M$3.5M28012.4%
2018$26.8M$4.6M28017.0%
2019$27.0M$2.6M2809.6%
2021$18.0M−$4.2M280-23.1%
2022−$3.2M−$5.2M280161.2%
2023−$3.4M−$5.4M280160.5%
04 — OWNERSHIP

Ownership chain

OwnerTypeOwnership %Since
PANDYA, YASHIndividual38%—
DASONDI, NILESHIndividual21%—
ANTALA, RAKESHIndividual20%—
JOSHI, DARSHNAIndividual11%—
PATEL, VISHALIndividual10%—
WEISSMAN, MOSHEIndividual——