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SNF COST REPORT · Loading…
Stethopowered by▸healthparse
Practices▾
DermatologyOphthalmologyOrthopedicsDentalUrgent CarePhysical Therapy
Facilities▾
Skilled NursingHome HealthHospiceDialysis
CompareOwnershipOperatorsDealsResearchPricing
PracticesDermatologyOphthalmologyOrthopedicsDentalUrgent CarePhysical TherapyFacilitiesSkilled NursingHome HealthHospiceDialysisCompareOwnershipOperatorsDealsResearchPricing
SNF COST REPORT · CCN 345002 · FY 2023

CYPRESS POINTE REHABILITATION CENTER

WILMINGTON, NC 28401-6613 · Fiscal year ending 2023-12-31

90 bedsSNF
$2.2M
TOTAL REVENUE
$548K
OPERATING INCOME
24.6%
OPERATING MARGIN
90
TOTAL BEDS
410
DISCHARGES
01 — FINANCIAL

Financial summary

Net patient revenue
$2.2M
Total costs
$1.7M
Operating income (rev − costs)
$548K
Operating margin
24.6%
Total charges
$3.9M
02 — UTILIZATION

Utilization

Total beds
90
Total inpatient days
29,420
Medicare days (Title XVIII)
5,376
Medicaid days (Title XIX)
15,737
Total discharges
410
CROSS-REFERENCE

Related data on other Healthparse brands

HCRIS.io
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CareLens
CMS quality ratings, inspections, staffing
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03 — HISTORY

7-year trend

$1.5M$3.5M$5.5M$7.5M2017201820192020202120222023RevenueOperating Income
YearRevenueOperating IncomeBedsMargin
2017$6.9M−$338K90-4.9%
2018$7.2M−$117K90-1.6%
2019$7.1M$74K901.0%
2020$7.3M−$482K90-6.6%
2021$7.5M$128K901.7%
2022$2.6M$928K9036.0%
2023$2.2M$548K9024.6%
ACQUISITION SIGNALSHigh census (stable)
04 — OWNERSHIP

Ownership chain

OwnerTypeOwnership %Since
CRONQUIST, ROYCEIndividual——
FORRAI, ANGELAIndividual——
HEALTHCARE FINANCIAL SOLUTIONS LLCOrganization——
MELTON, DONALDIndividual——
SOUTHERN HEALTHCARE MANAGEMENT LLCOrganization——
SOVEREIGN HEALTHCARE HOLDINGS LLCOrganization——
WILLIAMS, MARKIndividual——