What is HERITAGE TOWERS?

HERITAGE TOWERS is a Medicare-certified skilled nursing facility located in DOYLESTOWN, PA (CCN 395520). Stetho tracks its CMS cost report financials, bed count, occupancy, and ownership chain for M&A targeting.

Where is HERITAGE TOWERS located?

HERITAGE TOWERS is located in DOYLESTOWN, PA 18901.

How many beds does HERITAGE TOWERS have?

HERITAGE TOWERS has 60 certified beds, with $701K in net patient revenue per its latest CMS cost report.

ACQUISITION SIGNALSHigh census (stable)

SNF COST REPORT · CCN 395520 · FY 2023

HERITAGE TOWERS

DOYLESTOWN, PA 18901 · Fiscal year ending 2023-12-31

60 bedsSNF

$701K

TOTAL REVENUE

−$6K

OPERATING INCOME

-0.9%

OPERATING MARGIN

TOTAL BEDS

242

DISCHARGES

01 — FINANCIAL

Financial summary

Net patient revenue: $701K
Total costs: $707K
Operating income (rev − costs): −$6K
Operating margin: -0.9%
Total charges: $1.2M

02 — UTILIZATION

Utilization

Total beds: 60
Total inpatient days: 18,880
Medicare days (Title XVIII): 1,883
Medicaid days (Title XIX): 6,955
Total discharges: 242

03 — HISTORY

7-year trend

Year	Revenue	Operating Income	Beds	Margin
2017	$7.1M	−$7.8M	60	-111.1%
2018	$7.1M	−$9.0M	60	-126.8%
2019	$6.8M	−$10.3M	60	-151.0%
2020	$6.4M	−$9.0M	60	-141.9%
2021	$7.3M	−$9.0M	60	-122.5%
2022	$750K	$206K	60	27.5%
2023	$701K	−$6K	60	-0.9%

04 — OWNERSHIP

Ownership chain

Owner	Type	Ownership %	Since
NEW HERITAGE TOWERS	Organization	100%	—
CONNER, RONNIE	Individual	—	—
DUKERT, LYNNE	Individual	—	—

CROSS-REFERENCE

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HCRIS.io

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990Health

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CareLens

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