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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 435031 · FY 2019

COVINGTON CARE AND REHABILITATION CE

SIOUX FALLS, SD 57106 · Fiscal year ending 2019-08-05

109 bedsSNF
$2.4M
TOTAL REVENUE
−$1.3M
OPERATING INCOME
-54.4%
OPERATING MARGIN
109
TOTAL BEDS
43
DISCHARGES
01 — FINANCIAL

Financial summary

Net patient revenue
$2.4M
Total costs
$3.7M
Operating income (rev − costs)
−$1.3M
Operating margin
-54.4%
Total charges
$1.1M
02 — UTILIZATION

Utilization

Total beds
109
Total inpatient days
11,591
Medicare days (Title XVIII)
1,476
Medicaid days (Title XIX)
—
Total discharges
43
CROSS-REFERENCE

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ACQUISITION SIGNALSLow census (turnaround opportunity)
03 — HISTORY

3-year trend

$520K$2.7M$4.8M$7.0M201720182019RevenueOperating Income
YearRevenueOperating IncomeBedsMargin
2017$7.0M−$1.6M109-23.4%
2018$5.9M−$1.0M109-17.7%
2019$2.4M−$1.3M109-54.4%