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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 345205 · FY 2023

WESTWOOD HILLS NURSING & REHAB CTR

WILKESBORO, NC 28697 · Fiscal year ending 2023-09-30

186 bedsSNF
$2.2M
TOTAL REVENUE
$928K
OPERATING INCOME
41.6%
OPERATING MARGIN
186
TOTAL BEDS
238
DISCHARGES
01 — FINANCIAL

Financial summary

Net patient revenue
$2.2M
Total costs
$1.3M
Operating income (rev − costs)
$928K
Operating margin
41.6%
Total charges
$1.9M
02 — UTILIZATION

Utilization

Total beds
186
Total inpatient days
37,200
Medicare days (Title XVIII)
3,347
Medicaid days (Title XIX)
27,445
Total discharges
238
CROSS-REFERENCE

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CareLens
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03 — HISTORY

7-year trend

$2.3M$5.7M$9.0M$12.4M2017201820192020202120222023RevenueOperating Income
YearRevenueOperating IncomeBedsMargin
2017$12.4M−$279K176-2.3%
2018$10.9M−$145K176-1.3%
2019$11.2M−$193K176-1.7%
2020$10.8M−$1.0M186-9.5%
2021$9.6M−$879K176-9.2%
2022$964K−$201K186-20.8%
2023$2.2M$928K18641.6%
04 — OWNERSHIP

Ownership chain

OwnerTypeOwnership %Since
PRINCIPLE IT SERVICES, INC.Organization50%—
PRINCIPLE LONG TERM CARE, INC.Organization50%—
HILL, ROBERTIndividual21%—
HILL, STEPHENIndividual20%—
HILL, RAYMONDIndividual18%—
BOICE, GALEIndividual——
HILL, ROGERIndividual——
JOHNSON, DIANNEIndividual——
PRINCIPLE LONG TERM CARE, INC.Organization——