What is WELLSBURG HEALTHCARE CENTER?

WELLSBURG HEALTHCARE CENTER is a Medicare-certified skilled nursing facility located in WELLSBURG, WV (CCN 515123). Stetho tracks its CMS cost report financials, bed count, occupancy, and ownership chain for M&A targeting.

Where is WELLSBURG HEALTHCARE CENTER located?

WELLSBURG HEALTHCARE CENTER is located in WELLSBURG, WV 26070.

How many beds does WELLSBURG HEALTHCARE CENTER have?

WELLSBURG HEALTHCARE CENTER has 60 certified beds, with $661K in net patient revenue per its latest CMS cost report.

ACQUISITION SIGNALSHigh census (stable)

SNF COST REPORT · CCN 515123 · FY 2023

WELLSBURG HEALTHCARE CENTER

WELLSBURG, WV 26070 · Fiscal year ending 2023-12-31

60 bedsSNF

$661K

TOTAL REVENUE

$39K

OPERATING INCOME

5.9%

OPERATING MARGIN

TOTAL BEDS

129

DISCHARGES

01 — FINANCIAL

Financial summary

Net patient revenue: $661K
Total costs: $622K
Operating income (rev − costs): $39K
Operating margin: 5.9%
Total charges: $491K

02 — UTILIZATION

Utilization

Total beds: 60
Total inpatient days: 19,386
Medicare days (Title XVIII): 1,132
Medicaid days (Title XIX): 17,363
Total discharges: 129

03 — HISTORY

7-year trend

Year	Revenue	Operating Income	Beds	Margin
2017	$6.1M	$539K	60	8.8%
2018	$6.1M	$727K	60	11.9%
2019	$6.5M	$1.3M	60	20.8%
2020	$6.2M	$720K	60	11.5%
2021	$6.4M	$1.1M	60	16.8%
2022	$565K	$342K	60	60.5%
2023	$661K	$39K	60	5.9%

04 — OWNERSHIP

Ownership chain

Owner	Type	Ownership %	Since
CHERIAN, JOHN	Individual	—	—
GROVES, DONNA	Individual	—	—
ROMEO, DOMINIC	Individual	—	—
STOLTZ, CHARLES	Individual	—	—
STOTLER, KRISTEN	Individual	—	—
VALLEY HAVEN MGT CO., LLC	Organization	—	—
WILHEIM, RONALD	Individual	—	—

CROSS-REFERENCE

Related data on other Healthparse brands

HCRIS.io

Medicare cost reports, margins, utilization

PriceTransparency.io

Published negotiated rates, payer mix, compliance

990Health

IRS Form 990 financials, executive compensation

CareLens

CMS quality ratings, inspections, staffing

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