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SNF COST REPORT · Loading…
Stethopowered by▸healthparse
Practices▾
DermatologyOphthalmologyOrthopedicsDentalUrgent CarePhysical Therapy
Facilities▾
Skilled NursingHome HealthHospiceDialysis
CompareOwnershipOperatorsDealsPricing
PracticesDermatologyOphthalmologyOrthopedicsDentalUrgent CarePhysical TherapyFacilitiesSkilled NursingHome HealthHospiceDialysisCompareOwnershipOperatorsDealsPricing
SNF COST REPORT · CCN 385045 · FY 2023

PORTHAVEN HEALTHCARE CENTER

PORTLAND, OR 97218 · Fiscal year ending 2023-12-31

99 bedsSNF
$127K
TOTAL REVENUE
−$942K
OPERATING INCOME
-741.4%
OPERATING MARGIN
99
TOTAL BEDS
287
DISCHARGES
01 — FINANCIAL

Financial summary

Net patient revenue
$127K
Total costs
$1.1M
Operating income (rev − costs)
−$942K
Operating margin
-741.4%
Total charges
$1.9M
02 — UTILIZATION

Utilization

Total beds
99
Total inpatient days
19,327
Medicare days (Title XVIII)
1,629
Medicaid days (Title XIX)
13,157
Total discharges
287
CROSS-REFERENCE

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CareLens
CMS quality ratings, inspections, staffing
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03 — HISTORY

7-year trend

$377K$3.6M$6.8M$9.9M2017201820192020202120222023RevenueOperating Income
YearRevenueOperating IncomeBedsMargin
2017$6.1M−$2.8M99-45.0%
2018$6.4M−$2.8M99-43.8%
2019$6.6M−$2.7M99-40.2%
2020$9.9M$447K994.5%
2021$7.8M−$434K99-5.5%
2022−$613K−$1.3M99215.3%
2023$127K−$942K99-741.4%
ACQUISITION SIGNALSDeclining margins
04 — OWNERSHIP

Ownership chain

OwnerTypeOwnership %Since
PROVIDENCE GROUP NH, LLCOrganization100%—
APT, FREDERICKIndividual——
HANCOCK, MARKIndividual——
JERGENSEN, JOSHUAIndividual——
MITCHELL, JOHNIndividual——
MORRIS, CHRISTOPHERIndividual——
MURRAY, JASONIndividual——
PACS GROUP, INC.Organization——
PACS HOLDINGS, LLCOrganization——
TRUIST BANKOrganization——
WARR, BRANDONIndividual——
WELCH, EZEKIELIndividual——