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SNF COST REPORT · Loading…
Stethopowered by▸healthparse
Practices▾
DermatologyOphthalmologyOrthopedicsDentalUrgent CarePhysical Therapy
Facilities▾
Skilled NursingHome HealthHospiceDialysis
CompareOwnershipOperatorsDealsPricing
PracticesDermatologyOphthalmologyOrthopedicsDentalUrgent CarePhysical TherapyFacilitiesSkilled NursingHome HealthHospiceDialysisCompareOwnershipOperatorsDealsPricing
SNF COST REPORT · CCN 335691 · FY 2023

ELDERWOOD AT HORNELL

HORNELL, NY 14843 · Fiscal year ending 2023-12-31

112 bedsSNF
−$2.2M
TOTAL REVENUE
−$4.3M
OPERATING INCOME
—
OPERATING MARGIN
112
TOTAL BEDS
330
DISCHARGES
01 — FINANCIAL

Financial summary

Net patient revenue
−$2.2M
Total costs
$2.1M
Operating income (rev − costs)
−$4.3M
Operating margin
—
Total charges
$1.6M
02 — UTILIZATION

Utilization

Total beds
112
Total inpatient days
36,059
Medicare days (Title XVIII)
2,816
Medicaid days (Title XIX)
21,744
Total discharges
330
CROSS-REFERENCE

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HCRIS.io
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CareLens
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ACQUISITION SIGNALSHigh census (stable)
03 — HISTORY

7-year trend

$222K$4.7M$9.2M$13.8M2017201820192020202120222023RevenueOperating Income
YearRevenueOperating IncomeBedsMargin
2017$11.6M$1.9M11216.5%
2018$12.5M$1.0M1128.2%
2019$13.5M$851K1126.3%
2020$13.3M$1.4M11210.7%
2021$13.8M$2.2M11216.3%
2022−$1.1M−$2.8M112260.2%
2023−$2.2M−$4.3M112196.1%
04 — OWNERSHIP

Ownership chain

OwnerTypeOwnership %Since
1 BETHESDA DRIVE OPERATING HOLDCO LLCOrganization100%—
COLE, WARRENIndividual50%—
RUBIN, JEFFREYIndividual50%—
COLE, WARRENIndividual——
COLE, WARRENIndividual——
NEAL, SABRINAIndividual——
QUILLARD, PHILIPIndividual——
RUBIN, JEFFREYIndividual——
RUBIN, JEFFREYIndividual——