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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 435043 · FY 2023

SPEARFISH NURSING AND REHAB CENTER

SPEARFISH, SD 57783 · Fiscal year ending 2023-12-31

105 bedsSNF
$281K
TOTAL REVENUE
−$1.2M
OPERATING INCOME
-430.8%
OPERATING MARGIN
105
TOTAL BEDS
160
DISCHARGES
01 — FINANCIAL

Financial summary

Net patient revenue
$281K
Total costs
$1.5M
Operating income (rev − costs)
−$1.2M
Operating margin
-430.8%
Total charges
$2.6M
02 — UTILIZATION

Utilization

Total beds
105
Total inpatient days
26,296
Medicare days (Title XVIII)
2,422
Medicaid days (Title XIX)
17,504
Total discharges
160
CROSS-REFERENCE

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ACQUISITION SIGNALSDeclining margins
04 — OWNERSHIP

Ownership chain

OwnerTypeOwnership %Since
EDURO HEALTHCARE LLCOrganization100%—
BEWSEY, MICHAELIndividual50%—
RAMOS, BRIANIndividual50%—
BEWSEY, MICHAELIndividual——
EDURO HEALTHCARE LLCOrganization——
THOMPSON, CHRISTOPHERIndividual——
THOMPSON, CHRISTOPHERIndividual——
03 — HISTORY

5-year trend

$1.5M$4.2M$6.9M$9.6M20172019202020222023RevenueOperating Income
YearRevenueOperating IncomeBedsMargin
2017$9.6M$2.3M10523.6%
2019$8.6M$1.4M10516.1%
2020$8.6M$228K1052.7%
2022$1.2M−$137K105-11.3%
2023$281K−$1.2M105-430.8%