SNF COST REPORT · CCN 315468 · FY 2023
CARE ONE AT PARSIPPANY
PARSIPPANY - TROY, NJ 07054 · Fiscal year ending 2023-12-31
118 bedsSNF
$172K
TOTAL REVENUE
−$2.7M
OPERATING INCOME
-1598.8%
OPERATING MARGIN
118
TOTAL BEDS
548
DISCHARGES
01 — FINANCIAL
Financial summary
- Net patient revenue
- $172K
- Total costs
- $2.9M
- Operating income (rev − costs)
- −$2.7M
- Operating margin
- -1598.8%
- Total charges
- $7.5M
02 — UTILIZATION
Utilization
- Total beds
- 118
- Total inpatient days
- 26,570
- Medicare days (Title XVIII)
- 7,970
- Medicaid days (Title XIX)
- 12,760
- Total discharges
- 548
03 — HISTORY
7-year trend
| Year | Revenue | Operating Income | Beds | Margin |
|---|---|---|---|---|
| 2017 | $18.2M | $5.3M | 118 | 29.0% |
| 2018 | $18.0M | $3.4M | 118 | 19.1% |
| 2019 | $17.0M | $2.9M | 118 | 16.9% |
| 2020 | $15.7M | $196K | 118 | 1.2% |
| 2021 | $11.6M | −$602K | 118 | -5.2% |
| 2022 | $174K | −$3.0M | 118 | -1733.0% |
| 2023 | $172K | −$2.7M | 118 | -1598.8% |
04 — OWNERSHIP
Ownership chain
| Owner | Type | Ownership % | Since |
|---|---|---|---|
| DES 2009 GST TRUST | Organization | 18% | — |
| BARUCH, DAVID | Individual | — | — |
| BARUCH, DAVID | Individual | — | — |
| CARE ONE LLC | Organization | — | — |
| CARE ONE MANAGEMENT, LLC | Organization | — | — |
| DES-C 2009 GRAT | Organization | — | — |
| HEALTHBRIDGE MANAGEMENT LLC | Organization | — | — |
| STRAUS, DANIEL | Individual | — | — |