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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 425082 · FY 2023

RIVERSIDE HEALTH & REHAB

CHARLESTON, SC 29405 · Fiscal year ending 2023-12-31

160 bedsSNF
$459K
TOTAL REVENUE
−$1.7M
OPERATING INCOME
-372.1%
OPERATING MARGIN
160
TOTAL BEDS
241
DISCHARGES
01 — FINANCIAL

Financial summary

Net patient revenue
$459K
Total costs
$2.2M
Operating income (rev − costs)
−$1.7M
Operating margin
-372.1%
Total charges
$6.6M
02 — UTILIZATION

Utilization

Total beds
160
Total inpatient days
51,223
Medicare days (Title XVIII)
2,728
Medicaid days (Title XIX)
42,694
Total discharges
241
CROSS-REFERENCE

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HCRIS.io
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CareLens
CMS quality ratings, inspections, staffing
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04 — OWNERSHIP

Ownership chain

OwnerTypeOwnership %Since
THI OF SOUTH CAROLINA, LLCOrganization100%—
CASTLE, PATTYIndividual——
CASTLE, PATTYIndividual——
FORMAN, MURRAYIndividual——
HUNT VALLEY HOLDINGS LLCOrganization——
THI OF BALTIMORE, INC.Organization——
ACQUISITION SIGNALSDeclining marginsHigh census (stable)
03 — HISTORY

7-year trend

$1.7M$5.2M$8.7M$12.3M2017201820192020202120222023RevenueOperating Income
YearRevenueOperating IncomeBedsMargin
2017$11.6M−$1.8M160-15.7%
2018$11.7M−$1.2M160-10.2%
2019$12.2M−$1.4M160-11.3%
2020$11.9M−$1.7M160-14.7%
2021$12.3M−$1.7M160-13.5%
2022$1.0M−$1.3M160-125.3%
2023$459K−$1.7M160-372.1%