What is THE PINES HLTHCR\REHAB CENTER -OLEAN?

THE PINES HLTHCR\REHAB CENTER -OLEAN is a Medicare-certified skilled nursing facility located in OLEAN, NY (CCN 335357). Stetho tracks its CMS cost report financials, bed count, occupancy, and ownership chain for M&A targeting.

Where is THE PINES HLTHCR\REHAB CENTER -OLEAN located?

THE PINES HLTHCR\REHAB CENTER -OLEAN is located in OLEAN, NY 14760.

How many beds does THE PINES HLTHCR\REHAB CENTER -OLEAN have?

THE PINES HLTHCR\REHAB CENTER -OLEAN has 120 certified beds, with −$5.5M in net patient revenue per its latest CMS cost report.

ACQUISITION SIGNALSDeclining margins

SNF COST REPORT · CCN 335357 · FY 2023

THE PINES HLTHCR\REHAB CENTER -OLEAN

OLEAN, NY 14760 · Fiscal year ending 2023-12-31

120 bedsSNF

−$5.5M

TOTAL REVENUE

−$6.4M

OPERATING INCOME

—

OPERATING MARGIN

120

TOTAL BEDS

110

DISCHARGES

01 — FINANCIAL

Financial summary

Net patient revenue: −$5.5M
Total costs: $857K
Operating income (rev − costs): −$6.4M
Operating margin: —
Total charges: $868K

02 — UTILIZATION

Utilization

Total beds: 120
Total inpatient days: 37,070
Medicare days (Title XVIII): 1,808
Medicaid days (Title XIX): 24,638
Total discharges: 110

03 — HISTORY

6-year trend

Year	Revenue	Operating Income	Beds	Margin
2017	$11.9M	−$830K	120	-7.0%
2018	$11.8M	−$952K	120	-8.0%
2019	$12.3M	−$1.1M	120	-8.8%
2020	$11.1M	−$3.5M	120	-31.2%
2022	−$5.3M	−$6.1M	120	114.9%
2023	−$5.5M	−$6.4M	120	115.6%

04 — OWNERSHIP

Ownership chain

Owner	Type	Ownership %	Since
COUNTY OF CATTARAUGUS	Organization	100%	—
GUGINO, CAROL	Individual	—	—
PATEL, ARUN	Individual	—	—
REYNOLDS, TAMMY	Individual	—	—

CROSS-REFERENCE

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