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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 425323 · FY 2023

ANGEL OAK NURSING AND REHAB CENTER

MYRTLE BEACH, SC 29588 · Fiscal year ending 2023-09-30

88 bedsSNF
$762K
TOTAL REVENUE
−$481K
OPERATING INCOME
-63.1%
OPERATING MARGIN
88
TOTAL BEDS
383
DISCHARGES
01 — FINANCIAL

Financial summary

Net patient revenue
$762K
Total costs
$1.2M
Operating income (rev − costs)
−$481K
Operating margin
-63.1%
Total charges
$2.6M
02 — UTILIZATION

Utilization

Total beds
88
Total inpatient days
28,118
Medicare days (Title XVIII)
4,572
Medicaid days (Title XIX)
13,557
Total discharges
383
CROSS-REFERENCE

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ACQUISITION SIGNALSDeclining marginsHigh census (stable)
03 — HISTORY

7-year trend

$106K$2.3M$4.4M$6.6M2017201820192020202120222023RevenueOperating Income
YearRevenueOperating IncomeBedsMargin
2017$6.0M−$1.0M88-17.6%
2018$6.5M−$1.0M88-15.9%
2019$6.6M−$1.4M88-20.9%
2020$6.6M−$2.0M88-31.2%
2021$2.6M$134K885.2%
2022$961K−$428K88-44.6%
2023$762K−$481K88-63.1%
04 — OWNERSHIP

Ownership chain

OwnerTypeOwnership %Since
HYMAN, CHAIMIndividual100%—
DUGOSH, SHELIAIndividual——
HYMAN, CHAIMIndividual——
MAJEED, FAISALIndividual——