What is RIVERVIEW ESTATES?

RIVERVIEW ESTATES is a Medicare-certified skilled nursing facility located in RIVERTON, NJ (CCN 315448). Stetho tracks its CMS cost report financials, bed count, occupancy, and ownership chain for M&A targeting.

Where is RIVERVIEW ESTATES located?

RIVERVIEW ESTATES is located in RIVERTON, NJ 08077.

How many beds does RIVERVIEW ESTATES have?

RIVERVIEW ESTATES has 122 certified beds, with $524K in net patient revenue per its latest CMS cost report.

SNF COST REPORT · CCN 315448 · FY 2023

RIVERVIEW ESTATES

RIVERTON, NJ 08077 · Fiscal year ending 2023-12-31

122 bedsSNF

$524K

TOTAL REVENUE

−$271K

OPERATING INCOME

-51.7%

OPERATING MARGIN

122

TOTAL BEDS

172

DISCHARGES

01 — FINANCIAL

Financial summary

Net patient revenue: $524K
Total costs: $795K
Operating income (rev − costs): −$271K
Operating margin: -51.7%
Total charges: $772K

02 — UTILIZATION

Utilization

Total beds: 122
Total inpatient days: 30,273
Medicare days (Title XVIII): 2,699
Medicaid days (Title XIX): 9,982
Total discharges: 172

03 — HISTORY

6-year trend

Year	Revenue	Operating Income	Beds	Margin
2017	$5.2M	−$3.5M	60	-67.1%
2018	$5.3M	−$3.3M	60	-62.6%
2019	$5.2M	−$3.4M	60	-64.5%
2020	$4.8M	−$3.7M	60	-78.5%
2022	$291K	−$131K	122	-45.1%
2023	$524K	−$271K	122	-51.7%

04 — OWNERSHIP

Ownership chain

Owner	Type	Ownership %	Since
RIVERVIEW ESTATES REHABILITATION AND SENIOR LIVING CENTER	Organization	100%	—
KURLAND, BENJAMIN	Individual	99%	—
DAVIS, MATTHEW	Individual	—	—
OLD SECOND NATIONAL BANK	Organization	—	—
OLD SECOND NATIONAL BANK	Organization	—	—

CROSS-REFERENCE

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HCRIS.io

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990Health

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CareLens

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