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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 395525 · FY 2023

IVY HILL POST ACUTE NURSING & REHAB

PHILADELPHIA, PA 19150 · Fiscal year ending 2023-12-31

145 bedsSNF
−$2.0M
TOTAL REVENUE
−$3.6M
OPERATING INCOME
—
OPERATING MARGIN
145
TOTAL BEDS
291
DISCHARGES
01 — FINANCIAL

Financial summary

Net patient revenue
−$2.0M
Total costs
$1.6M
Operating income (rev − costs)
−$3.6M
Operating margin
—
Total charges
$1.8M
02 — UTILIZATION

Utilization

Total beds
145
Total inpatient days
38,302
Medicare days (Title XVIII)
3,145
Medicaid days (Title XIX)
30,633
Total discharges
291
CROSS-REFERENCE

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ACQUISITION SIGNALSDeclining margins
04 — OWNERSHIP

Ownership chain

OwnerTypeOwnership %Since
IVY HILL 2 LLCOrganization100%—
1401 IVY HILL 2 LLCOrganization——
1401 IVY HILL LLCOrganization——
AZ 22 TROrganization——
BEWLEY, JOSEPHIndividual——
LEWIS, STEVENIndividual——
ROSENBERG, AVRAHAMIndividual——
ROSENBERG, ZVIIndividual——
STERN, SAMUELIndividual——
ZA 22Organization——
03 — HISTORY

6-year trend

$3.9M$11.5M$19.0M$26.5M201720182019202020222023RevenueOperating Income
YearRevenueOperating IncomeBedsMargin
2017$26.5M$12.8M14548.4%
2018$12.6M−$1.7M145-13.4%
2019$12.5M−$1.9M145-15.6%
2020$9.9M−$1.6M145-16.5%
2022−$1.9M−$2.8M145145.8%
2023−$2.0M−$3.6M145178.0%