ACQUISITION SIGNALSDeclining marginsHigh census (stable)
SNF COST REPORT · CCN 445530 · FY 2023

WATERS OF BRISTOL A REHABILITIATION

BRISTOL, TN 37617 · Fiscal year ending 2023-12-31

120 bedsSNF
$50K
TOTAL REVENUE
−$1.3M
OPERATING INCOME
-2634.3%
OPERATING MARGIN
120
TOTAL BEDS
459
DISCHARGES
01 — FINANCIAL

Financial summary

Net patient revenue
$50K
Total costs
$1.4M
Operating income (rev − costs)
−$1.3M
Operating margin
-2634.3%
Total charges
$1.9M
02 — UTILIZATION

Utilization

Total beds
120
Total inpatient days
37,892
Medicare days (Title XVIII)
3,418
Medicaid days (Title XIX)
16,136
Total discharges
459
03 — HISTORY

5-year trend

$1.6M$5.0M$8.3M$11.6M20182019202020222023RevenueOperating Income
YearRevenueOperating IncomeBedsMargin
2018$6.3M−$1.7M120-26.6%
2019$11.6M$564K1204.9%
2020$10.8M−$977K120-9.0%
2022−$119K−$1.4M1201219.6%
2023$50K−$1.3M120-2634.3%
04 — OWNERSHIP

Ownership chain

OwnerTypeOwnership %Since
BLISKO, MICHAELIndividual50%
GUBIN ENTERPRISES LIMITED PARTNERSHIPOrganization50%
CLARK, CODYIndividual