ACQUISITION SIGNALSHigh census (stable)
SNF COST REPORT · CCN 395011 · FY 2023
PLATINUM RIDGE CTR FOR REHAB & HEALI
BRACKENRIDGE, PA 15014 · Fiscal year ending 2023-12-31
97 bedsSNF
$190K
TOTAL REVENUE
−$703K
OPERATING INCOME
-370.1%
OPERATING MARGIN
97
TOTAL BEDS
170
DISCHARGES
01 — FINANCIAL
Financial summary
- Net patient revenue
- $190K
- Total costs
- $893K
- Operating income (rev − costs)
- −$703K
- Operating margin
- -370.1%
- Total charges
- $956K
02 — UTILIZATION
Utilization
- Total beds
- 97
- Total inpatient days
- 32,769
- Medicare days (Title XVIII)
- 1,111
- Medicaid days (Title XIX)
- 26,360
- Total discharges
- 170
03 — HISTORY
7-year trend
| Year | Revenue | Operating Income | Beds | Margin |
|---|---|---|---|---|
| 2017 | $8.6M | $341K | 97 | 4.0% |
| 2018 | $8.3M | $311K | 97 | 3.7% |
| 2019 | $8.8M | $587K | 97 | 6.7% |
| 2020 | $9.1M | $1.3M | 97 | 14.1% |
| 2021 | $8.8M | $1.7M | 97 | 19.8% |
| 2022 | −$449K | −$1.3M | 97 | 280.2% |
| 2023 | $190K | −$703K | 97 | -370.1% |
04 — OWNERSHIP
Ownership chain
| Owner | Type | Ownership % | Since |
|---|---|---|---|
| HIGHLAND VENTURES CR LLC | Organization | 100% | — |
| BUTTS, HILLARY | Individual | — | — |
| DJ HIGHLAND LLC | Organization | — | — |
| EINHORN, NEAL | Individual | — | — |
| EISENSTADT, JAY | Individual | — | — |
| FRIEDMAN, MARK | Individual | — | — |
| HIGHLAND MN LLC | Organization | — | — |
| SANYO HIGHLAND LLC | Organization | — | — |
| SCHARF, DAVID | Individual | — | — |
| ZUCKER, YOSSIE | Individual | — | — |