ACQUISITION SIGNALSDeclining margins
SNF COST REPORT · CCN 525326 · FY 2023
PINE CREST NURSING HOME
MERRILL, WI 54452 · Fiscal year ending 2023-12-31
120 bedsSNF
−$2.1M
TOTAL REVENUE
−$2.7M
OPERATING INCOME
—
OPERATING MARGIN
120
TOTAL BEDS
75
DISCHARGES
01 — FINANCIAL
Financial summary
- Net patient revenue
- −$2.1M
- Total costs
- $666K
- Operating income (rev − costs)
- −$2.7M
- Operating margin
- —
- Total charges
- $1.2M
02 — UTILIZATION
Utilization
- Total beds
- 120
- Total inpatient days
- 30,067
- Medicare days (Title XVIII)
- 1,686
- Medicaid days (Title XIX)
- 24,167
- Total discharges
- 75
03 — HISTORY
7-year trend
| Year | Revenue | Operating Income | Beds | Margin |
|---|---|---|---|---|
| 2017 | $9.1M | −$4.6M | 180 | -50.1% |
| 2018 | $9.6M | −$5.4M | 180 | -56.1% |
| 2019 | $10.2M | −$6.0M | 180 | -59.3% |
| 2020 | $12.8M | −$76.5M | 160 | -598.1% |
| 2021 | $10.9M | −$75.9M | 160 | -698.0% |
| 2022 | −$34.1M | −$35.1M | 120 | 102.7% |
| 2023 | −$2.1M | −$2.7M | 120 | 132.2% |