What is FRANKLIN REHAB LLC?

FRANKLIN REHAB LLC is a Medicare-certified skilled nursing facility located in FRANKLIN, OH (CCN 365595). Stetho tracks its CMS cost report financials, bed count, occupancy, and ownership chain for M&A targeting.

Where is FRANKLIN REHAB LLC located?

FRANKLIN REHAB LLC is located in FRANKLIN, OH 45005.

How many beds does FRANKLIN REHAB LLC have?

FRANKLIN REHAB LLC has 81 certified beds, with −$504K in net patient revenue per its latest CMS cost report.

ACQUISITION SIGNALSLow census (turnaround opportunity)

SNF COST REPORT · CCN 365595 · FY 2023

FRANKLIN REHAB LLC

FRANKLIN, OH 45005 · Fiscal year ending 2023-12-31

81 bedsSNF

−$504K

TOTAL REVENUE

−$750K

OPERATING INCOME

—

OPERATING MARGIN

TOTAL BEDS

222

DISCHARGES

01 — FINANCIAL

Financial summary

Net patient revenue: −$504K
Total costs: $245K
Operating income (rev − costs): −$750K
Operating margin: —
Total charges: $321K

02 — UTILIZATION

Utilization

Total beds: 81
Total inpatient days: 8,201
Medicare days (Title XVIII): 274
Medicaid days (Title XIX): 6,406
Total discharges: 222

03 — HISTORY

7-year trend

Year	Revenue	Operating Income	Beds	Margin
2017	$6.4M	$332K	99	5.2%
2018	$5.7M	−$276K	99	-4.9%
2019	$5.4M	−$457K	97	-8.4%
2020	$5.5M	−$27K	81	-0.5%
2021	$3.9M	−$989K	81	-25.4%
2022	−$1.2M	−$1.6M	81	134.6%
2023	−$504K	−$750K	81	148.6%

04 — OWNERSHIP

Ownership chain

Owner	Type	Ownership %	Since
STEIN, MARK	Individual	50%	—
TENENBAUM, MICHAEL	Individual	50%	—
REEDY, RITA	Individual	—	—
STEIN, MARK	Individual	—	—
TENENBAUM, MICHAEL	Individual	—	—

CROSS-REFERENCE

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HCRIS.io

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990Health

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CareLens

CMS quality ratings, inspections, staffing

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