What is AVAMERE REHABILITATION OF HILLSBORO?

AVAMERE REHABILITATION OF HILLSBORO is a Medicare-certified skilled nursing facility located in HILLSBORO, OR (CCN 385251). Stetho tracks its CMS cost report financials, bed count, occupancy, and ownership chain for M&A targeting.

Where is AVAMERE REHABILITATION OF HILLSBORO located?

AVAMERE REHABILITATION OF HILLSBORO is located in HILLSBORO, OR 97123.

How many beds does AVAMERE REHABILITATION OF HILLSBORO have?

AVAMERE REHABILITATION OF HILLSBORO has 87 certified beds, with −$174K in net patient revenue per its latest CMS cost report.

ACQUISITION SIGNALSDeclining margins

SNF COST REPORT · CCN 385251 · FY 2023

AVAMERE REHABILITATION OF HILLSBORO

HILLSBORO, OR 97123 · Fiscal year ending 2023-12-31

87 bedsSNF

−$174K

TOTAL REVENUE

−$1.9M

OPERATING INCOME

—

OPERATING MARGIN

TOTAL BEDS

534

DISCHARGES

01 — FINANCIAL

Financial summary

Net patient revenue: −$174K
Total costs: $1.7M
Operating income (rev − costs): −$1.9M
Operating margin: —
Total charges: $2.9M

02 — UTILIZATION

Utilization

Total beds: 87
Total inpatient days: 22,388
Medicare days (Title XVIII): 2,287
Medicaid days (Title XIX): 10,355
Total discharges: 534

03 — HISTORY

6-year trend

Year	Revenue	Operating Income	Beds	Margin
2017	$8.5M	−$2.8M	87	-33.3%
2018	$8.7M	−$2.9M	87	-33.0%
2019	$9.3M	−$2.9M	87	-30.9%
2020	$9.5M	−$3.2M	87	-33.5%
2022	$167K	−$1.6M	87	-979.0%
2023	−$174K	−$1.9M	87	1076.7%

04 — OWNERSHIP

Ownership chain

Owner	Type	Ownership %	Since
MILLER, KARL	Individual	100%	—
AVAMERE SKILLED ADVISORS LLC	Organization	—	—
KOFSTAD, MARY	Individual	—	—
LOVEDAY, RAVEN	Individual	—	—
MORRIS, CHRISTOPHER	Individual	—	—
SIMPSON, ANDREW	Individual	—	—

CROSS-REFERENCE

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HCRIS.io

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990Health

IRS Form 990 financials, executive compensation

CareLens

CMS quality ratings, inspections, staffing

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