CARE ONE AT MADISON AVENUE

MORRISTOWN, NJ 07960 · Fiscal year ending 2023-12-31

178 bedsSNF

−$2.5M

TOTAL REVENUE

−$5.4M

OPERATING INCOME

—

OPERATING MARGIN

178

TOTAL BEDS

614

DISCHARGES

01 — FINANCIAL

Financial summary

02 — UTILIZATION

03 — HISTORY

Year	Revenue	Operating Income	Beds	Margin
2017	$18.2M	$2.2M	178	12.0%
2018	$18.9M	$1.4M	178	7.4%
2019	$16.4M	$357K	178	2.2%
2020	$16.1M	−$1.3M	178	-8.2%
2022	−$1.8M	−$4.6M	178	260.1%
2023	−$2.5M	−$5.4M	178	214.1%

04 — OWNERSHIP

Owner	Type	Ownership %	Since
DES HOLDING CO., INC.	Organization	24%	—
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	—	—

CROSS-REFERENCE