ACQUISITION SIGNALSHigh census (stable)
SNF COST REPORT · CCN 335408 · FY 2023
WEDGEWOOD NURSING AND REHAB CTR
SPENCERPORT, NY 14559 · Fiscal year ending 2023-12-31
29 bedsSNF
$274K
TOTAL REVENUE
−$412K
OPERATING INCOME
-150.3%
OPERATING MARGIN
29
TOTAL BEDS
160
DISCHARGES
01 — FINANCIAL
Financial summary
- Net patient revenue
- $274K
- Total costs
- $687K
- Operating income (rev − costs)
- −$412K
- Operating margin
- -150.3%
- Total charges
- $502K
02 — UTILIZATION
Utilization
- Total beds
- 29
- Total inpatient days
- 9,493
- Medicare days (Title XVIII)
- 2,338
- Medicaid days (Title XIX)
- 5,406
- Total discharges
- 160
03 — HISTORY
7-year trend
| Year | Revenue | Operating Income | Beds | Margin |
|---|---|---|---|---|
| 2017 | — | — | — | — |
| 2018 | $2.4M | −$84K | 29 | -3.5% |
| 2019 | $2.0M | −$494K | 29 | -25.2% |
| 2020 | $2.3M | −$514K | 29 | -22.5% |
| 2021 | $3.1M | −$242K | 29 | -7.7% |
| 2022 | −$736K | −$1.5M | 29 | 204.5% |
| 2023 | $274K | −$412K | 29 | -150.3% |
04 — OWNERSHIP
Ownership chain
| Owner | Type | Ownership % | Since |
|---|---|---|---|
| MAYER, GIORGIO | Individual | 75% | — |
| GRINSPAN, ARYEH | Individual | 15% | — |
| MAYER, ABRAHAM | Individual | 10% | — |
| GRINSPAN, ARYEH | Individual | — | — |