ACQUISITION SIGNALSDeclining margins
SNF COST REPORT · CCN 395277 · FY 2023
HARBORVIEW REHAB AT DOYLESTOWN
DOYLESTOWN, PA 18901 · Fiscal year ending 2023-12-31
120 bedsSNF
−$1.9M
TOTAL REVENUE
−$2.6M
OPERATING INCOME
—
OPERATING MARGIN
120
TOTAL BEDS
178
DISCHARGES
01 — FINANCIAL
Financial summary
- Net patient revenue
- −$1.9M
- Total costs
- $773K
- Operating income (rev − costs)
- −$2.6M
- Operating margin
- —
- Total charges
- $724K
02 — UTILIZATION
Utilization
- Total beds
- 120
- Total inpatient days
- 32,232
- Medicare days (Title XVIII)
- 1,851
- Medicaid days (Title XIX)
- 28,472
- Total discharges
- 178
03 — HISTORY
7-year trend
| Year | Revenue | Operating Income | Beds | Margin |
|---|---|---|---|---|
| 2017 | $6.4M | −$463K | 120 | -7.2% |
| 2018 | $5.6M | −$64K | 120 | -1.1% |
| 2019 | $8.7M | −$308K | 120 | -3.5% |
| 2020 | $9.0M | −$823K | 120 | -9.1% |
| 2021 | $7.9M | −$1.1M | 120 | -14.4% |
| 2022 | −$1.5M | −$2.3M | 120 | 147.1% |
| 2023 | −$1.9M | −$2.6M | 120 | 141.4% |
04 — OWNERSHIP
Ownership chain
| Owner | Type | Ownership % | Since |
|---|---|---|---|
| HARBORVIEW HOLDINGS LLC | Organization | 100% | — |
| FOX, DARREN | Individual | — | — |
| GLPADK LLC | Organization | — | — |
| GUTMAN, LEIBEL | Individual | — | — |
| GUTMAN, LEIBEL | Individual | — | — |
| HARBORVIEW HOLDINGS LLC | Organization | — | — |
| KOHN, BRIAN | Individual | — | — |
| LAHASKY FAMILY TRUST | Organization | — | — |
| LME FAMILY HOLDINGS LLC | Organization | — | — |