SNF COST REPORT · CCN 345001 · FY 2023
HILLCREST CONVALESCENT CENTER INC.
DURHAM, NC 27705 · Fiscal year ending 2023-09-30
154 bedsSNF
$1.7M
TOTAL REVENUE
−$3.7M
OPERATING INCOME
-217.8%
OPERATING MARGIN
154
TOTAL BEDS
772
DISCHARGES
01 — FINANCIAL
Financial summary
- Net patient revenue
- $1.7M
- Total costs
- $5.4M
- Operating income (rev − costs)
- −$3.7M
- Operating margin
- -217.8%
- Total charges
- $8.3M
02 — UTILIZATION
Utilization
- Total beds
- 154
- Total inpatient days
- 46,681
- Medicare days (Title XVIII)
- 17,472
- Medicaid days (Title XIX)
- 2,864
- Total discharges
- 772
03 — HISTORY
7-year trend
| Year | Revenue | Operating Income | Beds | Margin |
|---|---|---|---|---|
| 2017 | $17.6M | −$1.8M | 120 | -10.2% |
| 2018 | $18.4M | −$2.4M | 120 | -13.1% |
| 2019 | $19.7M | −$2.1M | 120 | -10.8% |
| 2020 | $19.1M | −$3.3M | 120 | -17.3% |
| 2021 | $19.0M | −$3.2M | 120 | -16.7% |
| 2022 | $1.4M | −$4.2M | 154 | -289.6% |
| 2023 | $1.7M | −$3.7M | 154 | -217.8% |