SNF COST REPORT · CCN 335831 · FY 2023
FULTON COMMONS CARE CENTER
EAST MEADOW, NY 11544 · Fiscal year ending 2023-12-31
280 bedsSNF
$2.8M
TOTAL REVENUE
−$1.9M
OPERATING INCOME
-67.6%
OPERATING MARGIN
280
TOTAL BEDS
655
DISCHARGES
01 — FINANCIAL
Financial summary
- Net patient revenue
- $2.8M
- Total costs
- $4.7M
- Operating income (rev − costs)
- −$1.9M
- Operating margin
- -67.6%
- Total charges
- $4.6M
02 — UTILIZATION
Utilization
- Total beds
- 280
- Total inpatient days
- 98,117
- Medicare days (Title XVIII)
- 22,753
- Medicaid days (Title XIX)
- 52,224
- Total discharges
- 655
03 — HISTORY
7-year trend
| Year | Revenue | Operating Income | Beds | Margin |
|---|---|---|---|---|
| 2017 | $34.8M | $1.2M | 280 | 3.5% |
| 2018 | $43.3M | $4.6M | 280 | 10.6% |
| 2019 | $44.5M | $3.3M | 280 | 7.5% |
| 2020 | $35.7M | −$3.7M | 280 | -10.3% |
| 2021 | $34.3M | −$5.2M | 280 | -15.3% |
| 2022 | −$7.9M | −$11.5M | 280 | 146.3% |
| 2023 | $2.8M | −$1.9M | 280 | -67.6% |
04 — OWNERSHIP
Ownership chain
| Owner | Type | Ownership % | Since |
|---|---|---|---|
| KALTER, MOSHE | Individual | 50% | — |
| FOGEL, AARON | Individual | 30% | — |
| FOGEL, ESTHER | Individual | 10% | — |
| KALTER, FRADY | Individual | 10% | — |
| KALTER, MOSHE | Individual | — | — |