What is CAROLINA HEALTHCARE INC.?

CAROLINA HEALTHCARE INC. is a Medicare-certified skilled nursing facility located in CONWAY, SC (CCN 425391). Stetho tracks its CMS cost report financials, bed count, occupancy, and ownership chain for M&A targeting.

Where is CAROLINA HEALTHCARE INC. located?

CAROLINA HEALTHCARE INC. is located in CONWAY, SC 29527.

How many beds does CAROLINA HEALTHCARE INC. have?

CAROLINA HEALTHCARE INC. has 95 certified beds, with $1.4M in net patient revenue per its latest CMS cost report.

SNF COST REPORT · CCN 425391 · FY 2023

CAROLINA HEALTHCARE INC.

CONWAY, SC 29527 · Fiscal year ending 2023-12-31

95 bedsSNF

$1.4M

TOTAL REVENUE

−$498K

OPERATING INCOME

-35.0%

OPERATING MARGIN

TOTAL BEDS

598

DISCHARGES

01 — FINANCIAL

Financial summary

Net patient revenue: $1.4M
Total costs: $1.9M
Operating income (rev − costs): −$498K
Operating margin: -35.0%
Total charges: $4.5M

02 — UTILIZATION

Utilization

Total beds: 95
Total inpatient days: 28,894
Medicare days (Title XVIII): 7,487
Medicaid days (Title XIX): 14,757
Total discharges: 598

03 — HISTORY

7-year trend

Year	Revenue	Operating Income	Beds	Margin
2017	$6.1M	−$2.1M	95	-33.4%
2018	$6.8M	−$2.0M	95	-29.5%
2019	$6.6M	−$1.9M	95	-28.1%
2020	$5.9M	−$2.7M	95	-46.1%
2021	$6.4M	−$2.7M	95	-42.9%
2022	$1.7M	−$123K	95	-7.2%
2023	$1.4M	−$498K	95	-35.0%

04 — OWNERSHIP

Ownership chain

Owner	Type	Ownership %	Since
HOPEWELL HEALTHCARE, INC.	Organization	100%	—
THE ENSIGN GROUP INC	Organization	100%	—
BURNAM, SOON	Individual	—	—
PETERSON, FORREST	Individual	—	—
SATO, AMI	Individual	—	—
THATCHER, BRENT	Individual	—	—
TILLER, RAYMOND	Individual	—	—

CROSS-REFERENCE

Related data on other Healthparse brands

HCRIS.io

Medicare cost reports, margins, utilization

PriceTransparency.io

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990Health

IRS Form 990 financials, executive compensation

CareLens

CMS quality ratings, inspections, staffing

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