ACQUISITION SIGNALSHigh census (stable)
SNF COST REPORT · CCN 345418 · FY 2023
SWANNANOA VALLEY HEALTH AND REHABILI
SWANNANOA, NC 28778-8212 · Fiscal year ending 2023-12-31
106 bedsSNF
−$656K
TOTAL REVENUE
−$1.5M
OPERATING INCOME
—
OPERATING MARGIN
106
TOTAL BEDS
220
DISCHARGES
01 — FINANCIAL
Financial summary
- Net patient revenue
- −$656K
- Total costs
- $864K
- Operating income (rev − costs)
- −$1.5M
- Operating margin
- —
- Total charges
- $630K
02 — UTILIZATION
Utilization
- Total beds
- 106
- Total inpatient days
- 35,318
- Medicare days (Title XVIII)
- 1,286
- Medicaid days (Title XIX)
- 28,805
- Total discharges
- 220
03 — HISTORY
6-year trend
| Year | Revenue | Operating Income | Beds | Margin |
|---|---|---|---|---|
| 2017 | $8.4M | $1.2M | 106 | 14.4% |
| 2018 | $7.8M | $633K | 106 | 8.1% |
| 2019 | $5.6M | $184K | 106 | 3.3% |
| 2020 | $9.2M | $542K | 106 | 5.9% |
| 2022 | −$708K | −$1.3M | 106 | 178.8% |
| 2023 | −$656K | −$1.5M | 106 | 231.8% |
04 — OWNERSHIP
Ownership chain
| Owner | Type | Ownership % | Since |
|---|---|---|---|
| FRIEDMAN, YISROEL | Individual | 100% | — |
| PISGAH HOLDCO LLC | Organization | 100% | — |
| FRIEDMAN, YISROEL | Individual | — | — |
| SELF, HOLLY | Individual | — | — |