ACQUISITION SIGNALSLow census (turnaround opportunity)
SNF COST REPORT · CCN 495133 · FY 2020
VALLEY REHAB AND NURSING CENTER
CHILHOWIE, VA 24319 · Fiscal year ending 2020-03-31
180 bedsSNF
$3.3M
TOTAL REVENUE
−$115K
OPERATING INCOME
-3.5%
OPERATING MARGIN
180
TOTAL BEDS
41
DISCHARGES
01 — FINANCIAL
Financial summary
- Net patient revenue
- $3.3M
- Total costs
- $3.4M
- Operating income (rev − costs)
- −$115K
- Operating margin
- -3.5%
- Total charges
- $781K
02 — UTILIZATION
Utilization
- Total beds
- 180
- Total inpatient days
- 13,914
- Medicare days (Title XVIII)
- 1,936
- Medicaid days (Title XIX)
- 295
- Total discharges
- 41
03 — HISTORY
4-year trend
| Year | Revenue | Operating Income | Beds | Margin |
|---|---|---|---|---|
| 2017 | $12.2M | $276K | 180 | 2.3% |
| 2018 | $12.2M | −$555K | 180 | -4.6% |
| 2019 | $12.9M | $145K | 180 | 1.1% |
| 2020 | $3.3M | −$115K | 180 | -3.5% |
04 — OWNERSHIP
Ownership chain
| Owner | Type | Ownership % | Since |
|---|---|---|---|
| VIRGINIA CARE HOLCO LLC | Organization | 100% | — |
| CHARLES 1994 FAMILY GRANTOR TRUST | Organization | — | — |
| EDWARD 1998 FAMILY GRANTOR TRUST | Organization | — | — |
| INNOVATIVE HEALTHCARE MANAGEMENT LLC | Organization | — | — |
| ISVA HOLDINGS LLC | Organization | — | — |
| JKVA HOLDINGS LLC | Organization | — | — |
| LINDSEY, JASON | Individual | — | — |
| MLVA HOLDINGS LLC | Organization | — | — |
| RAJCHENBACH, MOSHE | Individual | — | — |
| RAJCHENBACH, MOSHE | Individual | — | — |
| SAUL 2012 FAMILY GRANTOR TRUST | Organization | — | — |