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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 345408 · FY 2023

SOUTHPOINT REHABILITATION & HEALTHCA

DURHAM, NC 27713 · Fiscal year ending 2023-09-30

140 bedsSNF
$3.4M
TOTAL REVENUE
$1.1M
OPERATING INCOME
30.7%
OPERATING MARGIN
140
TOTAL BEDS
497
DISCHARGES
01 — FINANCIAL

Financial summary

Net patient revenue
$3.4M
Total costs
$2.4M
Operating income (rev − costs)
$1.1M
Operating margin
30.7%
Total charges
$2.9M
02 — UTILIZATION

Utilization

Total beds
140
Total inpatient days
35,699
Medicare days (Title XVIII)
7,431
Medicaid days (Title XIX)
14,335
Total discharges
497
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

$5.6M$16.1M$26.7M$37.2M2017201820192020202120222023RevenueOperating Income
YearRevenueOperating IncomeBedsMargin
2017$31.4M$15.1M14048.1%
2018$31.5M$14.7M14046.8%
2019$32.4M$15.6M14048.3%
2020$37.2M$20.5M14055.0%
2021$36.3M$19.4M14053.4%
2022−$2.0M−$5.0M140243.1%
2023$3.4M$1.1M14030.7%
04 — OWNERSHIP

Ownership chain

OwnerTypeOwnership %Since
NC EAST HOLDING LLCOrganization100%—
ALTER, TZVIIndividual80%—
HC FAMILY TRUSTOrganization10%—
ZANZIPER FAMILY TRUSTOrganization10%—
ALTER, TZVIIndividual——
ALTER, TZVIIndividual——
JOSEPH, DONALDIndividual——
ACQUISITION SIGNALSDeclining margins