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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 445291 · FY 2023

ERWIN HEALTHCARE CENTER

ERWIN, TN 37650 · Fiscal year ending 2023-12-31

125 bedsSNF
$613K
TOTAL REVENUE
−$414K
OPERATING INCOME
-67.5%
OPERATING MARGIN
125
TOTAL BEDS
142
DISCHARGES
01 — FINANCIAL

Financial summary

Net patient revenue
$613K
Total costs
$1.0M
Operating income (rev − costs)
−$414K
Operating margin
-67.5%
Total charges
$1.3M
02 — UTILIZATION

Utilization

Total beds
125
Total inpatient days
34,851
Medicare days (Title XVIII)
4,894
Medicaid days (Title XIX)
25,256
Total discharges
142
CROSS-REFERENCE

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HCRIS.io
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03 — HISTORY

7-year trend

$1.0M$3.2M$5.4M$7.6M2017201820192020202120222023RevenueOperating Income
YearRevenueOperating IncomeBedsMargin
2017$7.2M$482K1256.7%
2018$7.1M$627K1258.8%
2019$7.6M$626K1258.3%
2020$7.4M−$137K125-1.8%
2021$6.8M−$229K125-3.4%
2022−$385K−$1.2M125303.2%
2023$613K−$414K125-67.5%
04 — OWNERSHIP

Ownership chain

OwnerTypeOwnership %Since
C & E MANAGEMENT INCOrganization65%—
PRICE, WENDYIndividual17%—
WAGNER, LINDSEYIndividual17%—
BAILEY, KEITHIndividual11%—
BAILEY, KREISIndividual11%—
NELSON, KIMBALLIndividual11%—
BAILEY, JANEIndividual——
BAILEY, KREISIndividual——
C & E MANAGEMENT INCOrganization——
PRICE, WENDYIndividual——
WAGNER, LINDSEYIndividual——
ACQUISITION SIGNALSDeclining margins