ACQUISITION SIGNALSDeclining margins
SNF COST REPORT · CCN 365800 · FY 2023
HEATHER HILLS CARE COMMUNITIES
CHARDON, OH 44024 · Fiscal year ending 2023-12-31
161 bedsSNF
−$365K
TOTAL REVENUE
−$1.8M
OPERATING INCOME
—
OPERATING MARGIN
161
TOTAL BEDS
228
DISCHARGES
01 — FINANCIAL
Financial summary
- Net patient revenue
- −$365K
- Total costs
- $1.4M
- Operating income (rev − costs)
- −$1.8M
- Operating margin
- —
- Total charges
- $887K
02 — UTILIZATION
Utilization
- Total beds
- 161
- Total inpatient days
- 46,223
- Medicare days (Title XVIII)
- 1,741
- Medicaid days (Title XIX)
- 11,465
- Total discharges
- 228
03 — HISTORY
6-year trend
| Year | Revenue | Operating Income | Beds | Margin |
|---|---|---|---|---|
| 2018 | $10.1M | −$1.4M | 161 | -14.2% |
| 2019 | $13.1M | −$428K | 161 | -3.3% |
| 2020 | $15.1M | −$1.1M | 161 | -7.1% |
| 2021 | $14.5M | −$2.0M | 161 | -13.9% |
| 2022 | −$330K | −$1.8M | 126 | 541.6% |
| 2023 | −$365K | −$1.8M | 161 | 485.9% |