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SNF COST REPORT · Loading…
Stethopowered by▸healthparse
Practices▾
DermatologyOphthalmologyOrthopedicsDentalUrgent CarePhysical Therapy
Facilities▾
Skilled NursingHome HealthHospiceDialysis
CompareOwnershipOperatorsDealsResearchPricing
PracticesDermatologyOphthalmologyOrthopedicsDentalUrgent CarePhysical TherapyFacilitiesSkilled NursingHome HealthHospiceDialysisCompareOwnershipOperatorsDealsResearchPricing
SNF COST REPORT · CCN 335028 · FY 2023

CITADEL REHABILITATION & NURSING

BRONX, NY 10463 · Fiscal year ending 2023-12-31

385 bedsSNF
−$3.8M
TOTAL REVENUE
−$8.5M
OPERATING INCOME
—
OPERATING MARGIN
385
TOTAL BEDS
650
DISCHARGES
01 — FINANCIAL

Financial summary

Net patient revenue
−$3.8M
Total costs
$4.8M
Operating income (rev − costs)
−$8.5M
Operating margin
—
Total charges
$9.0M
02 — UTILIZATION

Utilization

Total beds
385
Total inpatient days
125,649
Medicare days (Title XVIII)
13,404
Medicaid days (Title XIX)
110,438
Total discharges
650
CROSS-REFERENCE

Related data on other Healthparse brands

HCRIS.io
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CareLens
CMS quality ratings, inspections, staffing
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04 — OWNERSHIP

Ownership chain

OwnerTypeOwnership %Since
FRIEDMAN, LEOPOLDIndividual50%—
FARKOWITZ, ESTHERIndividual25%—
PHILIPSON, GABRIELLEIndividual20%—
PHILIPSON, BENTIndividual5%—
FARKOWITZ, ESTHERIndividual——
FRIEDMAN, LEOPOLDIndividual——
FRIEDMAN, LEOPOLDIndividual——
MARKOVITS, ISAAKIndividual——
PHILIPSON, BENTIndividual——
PHILIPSON, GABRIELLEIndividual——
03 — HISTORY

7-year trend

$8.7M$25.9M$43.2M$60.4M2017201820192020202120222023RevenueOperating Income
YearRevenueOperating IncomeBedsMargin
2017$50.6M$5.7M38511.3%
2018$56.4M$8.8M38515.6%
2019$60.4M$12.3M38520.4%
2020$49.4M$4.2M3858.6%
2021$45.4M$2.2M3854.9%
2022−$3.7M−$7.1M385192.7%
2023−$3.8M−$8.5M385226.5%
ACQUISITION SIGNALSDeclining marginsHigh census (stable)