ACQUISITION SIGNALSHigh census (stable)
SNF COST REPORT · CCN 315355 · FY 2023

EXCELCARE AT DOVER

DOVER, NJ 07801 · Fiscal year ending 2023-12-31

155 bedsSNF
−$1.2M
TOTAL REVENUE
−$5.3M
OPERATING INCOME
OPERATING MARGIN
155
TOTAL BEDS
464
DISCHARGES
01 — FINANCIAL

Financial summary

Net patient revenue
−$1.2M
Total costs
$4.1M
Operating income (rev − costs)
−$5.3M
Operating margin
Total charges
$2.0M
02 — UTILIZATION

Utilization

Total beds
155
Total inpatient days
48,155
Medicare days (Title XVIII)
6,513
Medicaid days (Title XIX)
31,558
Total discharges
464
03 — HISTORY

7-year trend

−$83K$5.1M$10.4M$15.6M2017201820192020202120222023RevenueOperating Income
YearRevenueOperating IncomeBedsMargin
2017$15.2M$1.4M1559.5%
2018$15.6M$1.4M1558.7%
2019$15.6M$1.0M1556.6%
2020$14.1M−$91K155-0.6%
2021$13.4M$509K1553.8%
2022$342K−$1.2M155-341.4%
2023−$1.2M−$5.3M155439.8%
04 — OWNERSHIP

Ownership chain

OwnerTypeOwnership %Since
FRANKEL, ELIYAHUIndividual95%
FRANKEL, ROCHELIndividual5%
BLACKMON, KRISTENIndividual
DURAN, MAURICEIndividual
FRANKEL, ELIYAHUIndividual