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SNF COST REPORT · Loading…
Stethopowered by▸healthparse
Practices▾
DermatologyOphthalmologyOrthopedicsDentalUrgent CarePhysical Therapy
Facilities▾
Skilled NursingHome HealthHospiceDialysis
CompareOwnershipOperatorsDealsPricing
PracticesDermatologyOphthalmologyOrthopedicsDentalUrgent CarePhysical TherapyFacilitiesSkilled NursingHome HealthHospiceDialysisCompareOwnershipOperatorsDealsPricing
SNF COST REPORT · CCN 345217 · FY 2023

PREMIER NURSING & REHAB CTR

JACKSONVILLE, NC 28546 · Fiscal year ending 2023-09-30

246 bedsSNF
−$615K
TOTAL REVENUE
−$2.5M
OPERATING INCOME
—
OPERATING MARGIN
246
TOTAL BEDS
424
DISCHARGES
01 — FINANCIAL

Financial summary

Net patient revenue
−$615K
Total costs
$1.9M
Operating income (rev − costs)
−$2.5M
Operating margin
—
Total charges
$2.7M
02 — UTILIZATION

Utilization

Total beds
246
Total inpatient days
50,361
Medicare days (Title XVIII)
7,217
Medicaid days (Title XIX)
33,766
Total discharges
424
CROSS-REFERENCE

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CareLens
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03 — HISTORY

7-year trend

$1.3M$5.3M$9.2M$13.1M2017201820192020202120222023RevenueOperating Income
YearRevenueOperating IncomeBedsMargin
2017$13.1M−$62K239-0.5%
2018$12.5M−$584K239-4.7%
2019$12.8M−$244K239-1.9%
2020$12.2M−$1.1M239-9.0%
2021$11.2M−$2.6M239-23.1%
2022$1.5M−$532K246-35.5%
2023−$615K−$2.5M246404.7%
04 — OWNERSHIP

Ownership chain

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