What is ELDERWOOD AT WHEATFIELD?

ELDERWOOD AT WHEATFIELD is a Medicare-certified skilled nursing facility located in NIAGARA FALLS, NY (CCN 335790). Stetho tracks its CMS cost report financials, bed count, occupancy, and ownership chain for M&A targeting.

Where is ELDERWOOD AT WHEATFIELD located?

ELDERWOOD AT WHEATFIELD is located in NIAGARA FALLS, NY 14304.

How many beds does ELDERWOOD AT WHEATFIELD have?

ELDERWOOD AT WHEATFIELD has 123 certified beds, with −$1.2M in net patient revenue per its latest CMS cost report.

ACQUISITION SIGNALSHigh census (stable)

SNF COST REPORT · CCN 335790 · FY 2023

ELDERWOOD AT WHEATFIELD

NIAGARA FALLS, NY 14304 · Fiscal year ending 2023-12-31

123 bedsSNF

−$1.2M

TOTAL REVENUE

−$4.1M

OPERATING INCOME

—

OPERATING MARGIN

123

TOTAL BEDS

373

DISCHARGES

01 — FINANCIAL

Financial summary

Net patient revenue: −$1.2M
Total costs: $2.9M
Operating income (rev − costs): −$4.1M
Operating margin: —
Total charges: $1.9M

02 — UTILIZATION

Utilization

Total beds: 123
Total inpatient days: 40,383
Medicare days (Title XVIII): 3,133
Medicaid days (Title XIX): 21,457
Total discharges: 373

03 — HISTORY

7-year trend

Year	Revenue	Operating Income	Beds	Margin
2017	$15.5M	$1.7M	123	10.7%
2018	$15.1M	$1.0M	123	6.8%
2019	$15.7M	$1.5M	123	9.4%
2020	$15.4M	$1.7M	123	11.3%
2021	$15.7M	$1.7M	123	10.5%
2022	−$2.0M	−$4.0M	123	200.6%
2023	−$1.2M	−$4.1M	123	336.7%

04 — OWNERSHIP

Ownership chain

Owner	Type	Ownership %	Since
COLE, WARREN	Individual	50%	—
RUBIN, JEFFREY	Individual	50%	—
COLE, WARREN	Individual	—	—
HARDY, MICHELLE	Individual	—	—
RUBIN, JEFFREY	Individual	—	—

CROSS-REFERENCE

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HCRIS.io

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PriceTransparency.io

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990Health

IRS Form 990 financials, executive compensation

CareLens

CMS quality ratings, inspections, staffing

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