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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 345197 · FY 2023

WILLOW RIDGE HEALTHCARE

RUTHERFORD, NC 28139 · Fiscal year ending 2023-12-31

136 bedsSNF
$1.1M
TOTAL REVENUE
−$275K
OPERATING INCOME
-24.5%
OPERATING MARGIN
136
TOTAL BEDS
279
DISCHARGES
01 — FINANCIAL

Financial summary

Net patient revenue
$1.1M
Total costs
$1.4M
Operating income (rev − costs)
−$275K
Operating margin
-24.5%
Total charges
$1.4M
02 — UTILIZATION

Utilization

Total beds
136
Total inpatient days
41,256
Medicare days (Title XVIII)
3,544
Medicaid days (Title XIX)
33,567
Total discharges
279
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

$2.3M$5.3M$8.3M$11.3M2017201820192020202120222023RevenueOperating Income
YearRevenueOperating IncomeBedsMargin
2017$9.1M−$742K150-8.1%
2018$9.3M−$126K150-1.3%
2019$10.0M$460K1504.6%
2020$11.3M$1.7M15015.3%
2021$10.2M$758K1507.5%
2022$3.8M$2.3M15060.7%
2023$1.1M−$275K136-24.5%
04 — OWNERSHIP

Ownership chain

OwnerTypeOwnership %Since
STERN, JACOBIndividual100%—
BEALER, ADAM RIndividual——
CCH HEALTHCARE LLCOrganization——
FORBRIGHT BANKOrganization——
STERN, JACOBIndividual——
STERN, JACOBIndividual——