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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 366463 · FY 2023

AVENUE AT WOOSTER

WOOSTER, OH 44691 · Fiscal year ending 2023-12-31

82 bedsSNF
$1.5M
TOTAL REVENUE
$615K
OPERATING INCOME
40.2%
OPERATING MARGIN
82
TOTAL BEDS
355
DISCHARGES
01 — FINANCIAL

Financial summary

Net patient revenue
$1.5M
Total costs
$916K
Operating income (rev − costs)
$615K
Operating margin
40.2%
Total charges
$2.0M
02 — UTILIZATION

Utilization

Total beds
82
Total inpatient days
28,444
Medicare days (Title XVIII)
1,339
Medicaid days (Title XIX)
5,174
Total discharges
355
CROSS-REFERENCE

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CareLens
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03 — HISTORY

6-year trend

$530K$2.7M$4.9M$7.1M201820192020202120222023RevenueOperating Income
YearRevenueOperating IncomeBedsMargin
2018$3.3M−$900K82-27.6%
2019$7.0M−$294K82-4.2%
2020$7.1M−$241K82-3.4%
2021$7.0M−$529K82-7.5%
2022−$662K−$1.7M82252.7%
2023$1.5M$615K8240.2%
ACQUISITION SIGNALSHigh census (stable)
04 — OWNERSHIP

Ownership chain

OwnerTypeOwnership %Since
FLANK, EITANIndividual20%—
FLANK, LIATIndividual20%—
FLANK, MATANIndividual20%—
FLANK, SHAULIndividual20%—
SAUSEN, JOELIndividual20%—
FLANK, EITANIndividual——
FLANK, LIATIndividual——
FLANK, MATANIndividual——
FLANK, SHAULIndividual——
GIAUQUE, CHADIndividual——
NIELSEN, PAULIndividual——
PROGRESSIVE QUALITY CARE INCOrganization——
SAUSEN, JOELIndividual——
SHILLER, DANIELIndividual——