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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 345088 · FY 2023

TRINITY GLEN

WINSTON-SALEM, NC 27105 · Fiscal year ending 2023-09-30

117 bedsSNF
$52K
TOTAL REVENUE
−$1.4M
OPERATING INCOME
-2762.7%
OPERATING MARGIN
117
TOTAL BEDS
258
DISCHARGES
01 — FINANCIAL

Financial summary

Net patient revenue
$52K
Total costs
$1.5M
Operating income (rev − costs)
−$1.4M
Operating margin
-2762.7%
Total charges
$5.5M
02 — UTILIZATION

Utilization

Total beds
117
Total inpatient days
35,355
Medicare days (Title XVIII)
1,379
Medicaid days (Title XIX)
26,299
Total discharges
258
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$4.9M$8.2M$11.6M2017201820192020202120222023RevenueOperating Income
YearRevenueOperating IncomeBedsMargin
2017$10.9M$1.0M1179.3%
2018$11.1M$997K1179.0%
2019$11.6M$1.4M11711.8%
2020$11.3M$461K1174.1%
2021$9.9M−$1.9M117-18.8%
2022$392K−$1.0M117-258.4%
2023$52K−$1.4M117-2762.7%
04 — OWNERSHIP

Ownership chain

OwnerTypeOwnership %Since
LUTHERAN SERVICES FOR THE AGING, INC.Organization100%—
GOINS, TEDIndividual——
HERMAN, CHRISTOPHERIndividual——
LSA MANAGEMENT, INC.Organization——
LUTHERAN HOME WINSTON SALEM PROPERTY INC.Organization——
MADDRY, KARENIndividual——
NICKERSON, KIRBYIndividual——
NICKERSON, KIRBYIndividual——
SMITH, KESHAIndividual——
SMITH, KESHAIndividual——
WILMOUTH, LOGANIndividual——
ACQUISITION SIGNALSDeclining margins