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SNF COST REPORT · Loading…
Stethopowered by▸healthparse
Practices▾
DermatologyOphthalmologyOrthopedicsDentalUrgent CarePhysical Therapy
Facilities▾
Skilled NursingHome HealthHospiceDialysis
CompareOwnershipOperatorsDealsResearchPricing
PracticesDermatologyOphthalmologyOrthopedicsDentalUrgent CarePhysical TherapyFacilitiesSkilled NursingHome HealthHospiceDialysisCompareOwnershipOperatorsDealsResearchPricing
SNF COST REPORT · CCN 365934 · FY 2023

CRESTWOOD RIDGE SKILLED NURSING

HILLSBORO, OH 45133 · Fiscal year ending 2023-12-31

50 bedsSNF
−$181K
TOTAL REVENUE
−$638K
OPERATING INCOME
—
OPERATING MARGIN
50
TOTAL BEDS
119
DISCHARGES
01 — FINANCIAL

Financial summary

Net patient revenue
−$181K
Total costs
$457K
Operating income (rev − costs)
−$638K
Operating margin
—
Total charges
$740K
02 — UTILIZATION

Utilization

Total beds
50
Total inpatient days
15,659
Medicare days (Title XVIII)
1,161
Medicaid days (Title XIX)
9,867
Total discharges
119
CROSS-REFERENCE

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HCRIS.io
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CareLens
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03 — HISTORY

7-year trend

$49K$1.3M$2.6M$3.9M2017201820192020202120222023RevenueOperating Income
YearRevenueOperating IncomeBedsMargin
2017$3.9M$520K5013.5%
2018$3.6M$331K509.1%
2019$3.3M−$223K50-6.8%
2020$2.9M−$999K50-34.4%
2021$2.5M−$1.2M50-49.5%
2022−$399K−$881K50220.7%
2023−$181K−$638K50352.8%
04 — OWNERSHIP

Ownership chain

OwnerTypeOwnership %Since
CONTINUING HEALTHCARE SOLUTIONS INCOrganization100%—
MALLETT, CHRISTOPHERIndividual25%—
SPRENGER, MARKIndividual25%—
SPRENGER, TIMOTHYIndividual25%—
PARSONS, BENJAMINIndividual20%—
BUNNER, MICHAELIndividual5%—
BUNNER, MICHAELIndividual——
BUNNER, MICHAELIndividual——
CONTINUING HEALTHCARE SOLUTIONS INCOrganization——
MALLETT, CHRISTOPHERIndividual——
MALLETT, CHRISTOPHERIndividual——
PARSONS, BENJAMINIndividual——
PARSONS, BENJAMINIndividual——
PARSONS, BENJAMINIndividual——
SPRENGER, MARKIndividual——
SPRENGER, MARKIndividual——
SPRENGER, TIMOTHYIndividual——
SPRENGER, TIMOTHYIndividual——
ACQUISITION SIGNALSDeclining marginsHigh census (stable)