What is THE OAKS AT SWEETEN CREEK?

THE OAKS AT SWEETEN CREEK is a Medicare-certified skilled nursing facility located in ARDEN, NC (CCN 345477). Stetho tracks its CMS cost report financials, bed count, occupancy, and ownership chain for M&A targeting.

Where is THE OAKS AT SWEETEN CREEK located?

THE OAKS AT SWEETEN CREEK is located in ARDEN, NC 28704.

How many beds does THE OAKS AT SWEETEN CREEK have?

THE OAKS AT SWEETEN CREEK has 100 certified beds, with $860K in net patient revenue per its latest CMS cost report.

SNF COST REPORT · CCN 345477 · FY 2023

THE OAKS AT SWEETEN CREEK

ARDEN, NC 28704 · Fiscal year ending 2023-12-31

100 bedsSNF

$860K

TOTAL REVENUE

$166K

OPERATING INCOME

19.3%

OPERATING MARGIN

100

TOTAL BEDS

205

DISCHARGES

01 — FINANCIAL

Financial summary

Net patient revenue: $860K
Total costs: $694K
Operating income (rev − costs): $166K
Operating margin: 19.3%
Total charges: $2.3M

02 — UTILIZATION

Utilization

Total beds: 100
Total inpatient days: 30,653
Medicare days (Title XVIII): 2,252
Medicaid days (Title XIX): 23,726
Total discharges: 205

03 — HISTORY

7-year trend

Year	Revenue	Operating Income	Beds	Margin
2017	$6.7M	−$1.5M	100	-22.3%
2018	$6.9M	−$1.8M	100	-25.7%
2019	$7.2M	−$314K	100	-4.4%
2020	$7.2M	−$944K	100	-13.1%
2021	$7.0M	−$859K	100	-12.2%
2022	$1.4M	$540K	100	39.4%
2023	$860K	$166K	100	19.3%

04 — OWNERSHIP

Ownership chain

Owner	Type	Ownership %	Since
CARSON, BRIANA	Individual	—	—
CSE ARDEN LP	Organization	—	—
DAVIS, NITA	Individual	—	—
HOBACK, TIFFANY	Individual	—	—
JONES, TEQUILLA	Individual	—	—
SEMONES, BRANDI	Individual	—	—
SNF MGR LLC	Organization	—	—
TURBETT, TIMOTHY	Individual	—	—

CROSS-REFERENCE

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HCRIS.io

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990Health

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CareLens

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