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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 495210 · FY 2021

NORFOLK HEALTH & REHAB CENTER

NORFOLK, VA 23504-2732 · Fiscal year ending 2021-05-27

180 bedsSNF
$6.1M
TOTAL REVENUE
$1.5M
OPERATING INCOME
23.8%
OPERATING MARGIN
180
TOTAL BEDS
70
DISCHARGES
01 — FINANCIAL

Financial summary

Net patient revenue
$6.1M
Total costs
$4.6M
Operating income (rev − costs)
$1.5M
Operating margin
23.8%
Total charges
$1.6M
02 — UTILIZATION

Utilization

Total beds
180
Total inpatient days
19,072
Medicare days (Title XVIII)
1,787
Medicaid days (Title XIX)
15,119
Total discharges
70
CROSS-REFERENCE

Related data on other Healthparse brands

HCRIS.io
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990Health
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CareLens
CMS quality ratings, inspections, staffing
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03 — HISTORY

5-year trend

$4.3M$8.6M$12.8M$17.1M20172018201920202021RevenueOperating Income
YearRevenueOperating IncomeBedsMargin
2017$13.7M$4.5M18032.8%
2018$16.3M$6.4M18039.1%
2019$17.1M$6.7M18039.3%
2020$16.3M$5.4M18033.0%
2021$6.1M$1.5M18023.8%
04 — OWNERSHIP

Ownership chain

OwnerTypeOwnership %Since
NORFOLK HOLDINGS I LLCOrganization100%—
CHARLES 1994 FAMILY GRANTOR TRUSTOrganization——
CHESAPEAKE EAST LLCOrganization——
EDWARD 1998 FAMILY GRANTOR TRUSTOrganization——
EK 2005 FAMILY TRUSTOrganization——
FAY 2014 FAMILY GRANTOR TRUSTOrganization——
FAY 2014 LLCOrganization——
LL 2013 FAMILY TRUSTOrganization——
MMS 2008 FAMILY TRUSTOrganization——
MZR EAST LLCOrganization——
RYLBSS EAST MANAGER LLCOrganization——
SAUL 2012 FAMILY GRANTOR TRUSTOrganization——
SILVERSTONE EAST LLCOrganization——
SOL 2000 FAMILY GRANTOR TRUSTOrganization——
SOL 2000 LLCOrganization——
STEVENS 3920 & FAMILY LLCOrganization——
STEVENS 3920 FAMILY GRANTOR TRUSTOrganization——
STEVENS 3920 LLCOrganization——
WILSON, STEVENIndividual——
WILSON, STEVENIndividual——
ACQUISITION SIGNALSDeclining marginsLow census (turnaround opportunity)