What is PARMA CARE CENTER?

PARMA CARE CENTER is a Medicare-certified skilled nursing facility located in PARMA, OH (CCN 365758). Stetho tracks its CMS cost report financials, bed count, occupancy, and ownership chain for M&A targeting.

Where is PARMA CARE CENTER located?

PARMA CARE CENTER is located in PARMA, OH 44134.

How many beds does PARMA CARE CENTER have?

PARMA CARE CENTER has 104 certified beds, with −$1.1M in net patient revenue per its latest CMS cost report.

SNF COST REPORT · CCN 365758 · FY 2023

PARMA CARE CENTER

PARMA, OH 44134 · Fiscal year ending 2023-12-31

104 bedsSNF

−$1.1M

TOTAL REVENUE

−$2.4M

OPERATING INCOME

—

OPERATING MARGIN

104

TOTAL BEDS

330

DISCHARGES

01 — FINANCIAL

Financial summary

Net patient revenue: −$1.1M
Total costs: $1.2M
Operating income (rev − costs): −$2.4M
Operating margin: —
Total charges: $2.4M

02 — UTILIZATION

Utilization

Total beds: 104
Total inpatient days: 28,412
Medicare days (Title XVIII): 1,035
Medicaid days (Title XIX): 6,461
Total discharges: 330

03 — HISTORY

7-year trend

Year	Revenue	Operating Income	Beds	Margin
2017	$6.4M	−$1.9M	96	-29.2%
2018	$6.8M	−$1.7M	96	-24.2%
2019	$6.7M	−$2.1M	96	-31.5%
2020	$5.9M	−$2.9M	104	-49.8%
2021	$6.0M	−$2.9M	104	-48.6%
2022	−$1.6M	−$3.0M	104	189.2%
2023	−$1.1M	−$2.4M	104	208.4%

04 — OWNERSHIP

Ownership chain

Owner	Type	Ownership %	Since
FLANK, EITAN	Individual	33%	—
FLANK, SHAUL	Individual	33%	—
SAUSEN, JOEL	Individual	33%	—
FLANK, EITAN	Individual	—	—
FLANK, SHAUL	Individual	—	—
HORVATIN, JENNIFER	Individual	—	—
PROGRESSIVE QUALITY CARE INC	Organization	—	—
SAUSEN, JOEL	Individual	—	—
SHILLER, DANIEL	Individual	—	—
THOMAS, CHRISTOPHER	Individual	—	—

CROSS-REFERENCE

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HCRIS.io

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990Health

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CareLens

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