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SNF COST REPORT · Loading…
Stethopowered by▸healthparse
Practices▾
DermatologyOphthalmologyOrthopedicsDentalUrgent CarePhysical Therapy
Facilities▾
Skilled NursingHome HealthHospiceDialysis
CompareOwnershipOperatorsDealsResearchPricing
PracticesDermatologyOphthalmologyOrthopedicsDentalUrgent CarePhysical TherapyFacilitiesSkilled NursingHome HealthHospiceDialysisCompareOwnershipOperatorsDealsResearchPricing
SNF COST REPORT · CCN 395554 · FY 2019

FOREST CITY NURSING AND REHAB CENTER

FOREST CITY, PA 18421 · Fiscal year ending 2019-07-31

132 bedsSNF
$5.2M
TOTAL REVENUE
−$256K
OPERATING INCOME
-4.9%
OPERATING MARGIN
132
TOTAL BEDS
54
DISCHARGES
01 — FINANCIAL

Financial summary

Net patient revenue
$5.2M
Total costs
$5.4M
Operating income (rev − costs)
−$256K
Operating margin
-4.9%
Total charges
$1.7M
02 — UTILIZATION

Utilization

Total beds
132
Total inpatient days
19,604
Medicare days (Title XVIII)
1,415
Medicaid days (Title XIX)
12,878
Total discharges
54
CROSS-REFERENCE

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ACQUISITION SIGNALSLow census (turnaround opportunity)
03 — HISTORY

3-year trend

$1.8M$4.4M$6.9M$9.4M201720182019RevenueOperating Income
YearRevenueOperating IncomeBedsMargin
2017$8.4M−$696K132-8.2%
2018$9.4M$92K1321.0%
2019$5.2M−$256K132-4.9%
04 — OWNERSHIP

Ownership chain

OwnerTypeOwnership %Since
LME FAMILY HOLDINGS LLCOrganization33%—
SAMARA FAMILY HOLDINGS LLCOrganization33%—
STRAWBERRY HILL HOLDINGS LLCOrganization33%—
CLINICAL CONSULTING SERVICES LLCOrganization——
HILDEBRAND-PALKOV, KARYNIndividual——
PRIORITY CARE GROUP LLCOrganization——
SUMMATION FINANCIAL SERVICES LLCOrganization——
TOMAZIC, DAVIDIndividual——