What is ALTERCARE POST-ACUTE REHABILITATION?

ALTERCARE POST-ACUTE REHABILITATION is a Medicare-certified skilled nursing facility located in KENT, OH (CCN 365300). Stetho tracks its CMS cost report financials, bed count, occupancy, and ownership chain for M&A targeting.

Where is ALTERCARE POST-ACUTE REHABILITATION located?

ALTERCARE POST-ACUTE REHABILITATION is located in KENT, OH 44240.

How many beds does ALTERCARE POST-ACUTE REHABILITATION have?

ALTERCARE POST-ACUTE REHABILITATION has 79 certified beds, with −$343K in net patient revenue per its latest CMS cost report.

ACQUISITION SIGNALSDeclining marginsHigh census (stable)

SNF COST REPORT · CCN 365300 · FY 2023

ALTERCARE POST-ACUTE REHABILITATION

KENT, OH 44240 · Fiscal year ending 2023-12-31

79 bedsSNF

−$343K

TOTAL REVENUE

−$1.8M

OPERATING INCOME

—

OPERATING MARGIN

TOTAL BEDS

577

DISCHARGES

01 — FINANCIAL

Financial summary

Net patient revenue: −$343K
Total costs: $1.4M
Operating income (rev − costs): −$1.8M
Operating margin: —
Total charges: $2.8M

02 — UTILIZATION

Utilization

Total beds: 79
Total inpatient days: 24,546
Medicare days (Title XVIII): 2,347
Medicaid days (Title XIX): 2,375
Total discharges: 577

03 — HISTORY

7-year trend

Year	Revenue	Operating Income	Beds	Margin
2017	$7.7M	−$656K	79	-8.5%
2018	$7.8M	−$866K	79	-11.0%
2019	$7.7M	−$935K	79	-12.1%
2020	$7.1M	−$1.1M	79	-15.8%
2021	$7.3M	−$1.2M	79	-15.9%
2022	−$572K	−$2.0M	79	354.5%
2023	−$343K	−$1.8M	79	516.1%

04 — OWNERSHIP

Ownership chain

Owner	Type	Ownership %	Since
TSG NURSING CENTERS, INC	Organization	100%	—
ALTERCARE OF OHIO, INC	Organization	—	—
FILM, GEORGE	Individual	—	—
GERALD F SCHROER DYNASTY TR UA 12312009 FBO ANDREW M SCHROER	Organization	—	—
GERALD F SCHROER DYNASTY TR UA 12312009 FBO GERALD F SCHROER JR	Organization	—	—
GERALD F SCHROER DYNASTY TR UA 12312009 FBO MATTHEW SCHROER	Organization	—	—
GERALD F SCHROER DYNASTY TR UA 12312009 MARGARET S GOODMAN	Organization	—	—
GOODMAN, JOHN	Individual	—	—
LOGAN, JUSTIN	Individual	—	—
MOCK, DOUGLAS	Individual	—	—
MOCK, DOUGLAS	Individual	—	—
MOCK, DOUGLAS	Individual	—	—
NUTTER, ORIAN	Individual	—	—
SUSANNE SCHROER DYNASTY TRUST U/A	Organization	—	—
THE SCHROER GROUP, INC.	Organization	—	—

CROSS-REFERENCE

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