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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 315375 · FY 2023

FOREST HILL HEALTH CARE CENTER

NEWARK, NJ 00710 · Fiscal year ending 2023-12-31

120 bedsSNF
$1.0M
TOTAL REVENUE
−$740K
OPERATING INCOME
-72.2%
OPERATING MARGIN
120
TOTAL BEDS
456
DISCHARGES
01 — FINANCIAL

Financial summary

Net patient revenue
$1.0M
Total costs
$1.8M
Operating income (rev − costs)
−$740K
Operating margin
-72.2%
Total charges
$1.9M
02 — UTILIZATION

Utilization

Total beds
120
Total inpatient days
37,087
Medicare days (Title XVIII)
9,723
Medicaid days (Title XIX)
22,948
Total discharges
456
CROSS-REFERENCE

Related data on other Healthparse brands

HCRIS.io
Medicare cost reports, margins, utilization
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990Health
IRS Form 990 financials, executive compensation
CareLens
CMS quality ratings, inspections, staffing
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03 — HISTORY

6-year trend

$2.1M$5.4M$8.7M$12.1M201720182019202020222023RevenueOperating Income
YearRevenueOperating IncomeBedsMargin
2017$12.1M$42K1200.3%
2018$11.9M$807K1206.8%
2019$11.4M$564K1205.0%
2020$7.9M−$1.2M120-14.8%
2022−$364K−$1.1M120311.5%
2023$1.0M−$740K120-72.2%
04 — OWNERSHIP

Ownership chain

OwnerTypeOwnership %Since
FOREST HILL SNF OPERATIONS HOLDING LLCOrganization100%—
CH FOREST HILL HOLDINGS LLCOrganization——
CW FOREST HILL HOLDINGS LLCOrganization——
HERZKA, YISROELIndividual——
KLEIN, SOLOMONIndividual——
LIONHEART SNF LLCOrganization——
MERVINE, GEORGEIndividual——
SEAM TRUSTOrganization——
SK FOREST HILL HOLDINGS LLCOrganization——
WOLOFSKY, CHAVAIndividual——
ACQUISITION SIGNALSDeclining margins