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SNF COST REPORT · Loading…
Stethopowered by▸healthparse
Practices▾
DermatologyOphthalmologyOrthopedicsDentalUrgent CarePhysical Therapy
Facilities▾
Skilled NursingHome HealthHospiceDialysis
CompareOwnershipOperatorsDealsResearchPricing
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SNF COST REPORT · CCN 365949 · FY 2023

CONCORD CARE CENTER OF CORTLAND

CORTLAND, OH 44410 · Fiscal year ending 2023-12-31

50 bedsSNF
−$471K
TOTAL REVENUE
−$791K
OPERATING INCOME
—
OPERATING MARGIN
50
TOTAL BEDS
65
DISCHARGES
01 — FINANCIAL

Financial summary

Net patient revenue
−$471K
Total costs
$320K
Operating income (rev − costs)
−$791K
Operating margin
—
Total charges
$584K
02 — UTILIZATION

Utilization

Total beds
50
Total inpatient days
8,902
Medicare days (Title XVIII)
735
Medicaid days (Title XIX)
2,174
Total discharges
65
CROSS-REFERENCE

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ACQUISITION SIGNALSDeclining marginsLow census (turnaround opportunity)
03 — HISTORY

7-year trend

−$56K$898K$1.9M$2.8M2017201820192020202120222023RevenueOperating Income
YearRevenueOperating IncomeBedsMargin
2017$2.6M−$304K50-11.7%
2018$2.8M−$125K50-4.4%
2019$2.6M−$230K50-8.9%
2020$2.3M−$295K50-13.1%
2021$2.0M−$989K50-49.1%
2022−$740K−$1.0M50136.7%
2023−$471K−$791K50168.0%