SNF COST REPORT · CCN 365485 · FY 2023
FLINT RIDGE HEALTHCARE
NEWARK, OH 43055 · Fiscal year ending 2023-12-31
99 bedsSNF
$593K
TOTAL REVENUE
−$1.7M
OPERATING INCOME
-279.4%
OPERATING MARGIN
99
TOTAL BEDS
362
DISCHARGES
01 — FINANCIAL
Financial summary
- Net patient revenue
- $593K
- Total costs
- $2.3M
- Operating income (rev − costs)
- −$1.7M
- Operating margin
- -279.4%
- Total charges
- $1.4M
02 — UTILIZATION
Utilization
- Total beds
- 99
- Total inpatient days
- 26,427
- Medicare days (Title XVIII)
- 4,957
- Medicaid days (Title XIX)
- 15,500
- Total discharges
- 362
03 — HISTORY
7-year trend
| Year | Revenue | Operating Income | Beds | Margin |
|---|---|---|---|---|
| 2017 | $6.3M | −$571K | 97 | -9.0% |
| 2018 | $6.6M | −$593K | 97 | -9.0% |
| 2019 | $4.9M | −$311K | 89 | -6.3% |
| 2020 | $7.1M | −$454K | 89 | -6.4% |
| 2021 | $6.3M | −$1.1M | 89 | -17.9% |
| 2022 | −$903K | −$2.3M | 89 | 250.0% |
| 2023 | $593K | −$1.7M | 99 | -279.4% |
04 — OWNERSHIP
Ownership chain
| Owner | Type | Ownership % | Since |
|---|---|---|---|
| FLINT RIDGE NURSING HOLDINGS LLC | Organization | 100% | — |
| CAPITAL HOLDINGS TRUST | Organization | — | — |
| CHOMESH 2 LLC | Organization | — | — |
| CZH INVESTMENTS LLC | Organization | — | — |
| ICKES, ANDREW | Individual | — | — |
| STARLIGHT HEALTHCARE LLC | Organization | — | — |
| STERN, JACOB | Individual | — | — |
| STERN, JACOB | Individual | — | — |
| WOLMARK, RACHEL | Individual | — | — |
| WOLMARK, YEHUDA | Individual | — | — |