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SNF COST REPORT · Loading…
Stethopowered by▸healthparse
Practices▾
DermatologyOphthalmologyOrthopedicsDentalUrgent CarePhysical Therapy
Facilities▾
Skilled NursingHome HealthHospiceDialysis
CompareOwnershipOperatorsDealsPricing
PracticesDermatologyOphthalmologyOrthopedicsDentalUrgent CarePhysical TherapyFacilitiesSkilled NursingHome HealthHospiceDialysisCompareOwnershipOperatorsDealsPricing
SNF COST REPORT · CCN 525413 · FY 2023

WILLOWCREST HEALTH SERVICES

SOUTH MILWAUKEE, WI 53172 · Fiscal year ending 2023-12-31

134 bedsSNF
$926K
TOTAL REVENUE
−$380K
OPERATING INCOME
-41.0%
OPERATING MARGIN
134
TOTAL BEDS
335
DISCHARGES
01 — FINANCIAL

Financial summary

Net patient revenue
$926K
Total costs
$1.3M
Operating income (rev − costs)
−$380K
Operating margin
-41.0%
Total charges
$2.3M
02 — UTILIZATION

Utilization

Total beds
134
Total inpatient days
28,301
Medicare days (Title XVIII)
2,083
Medicaid days (Title XIX)
9,932
Total discharges
335
CROSS-REFERENCE

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CareLens
CMS quality ratings, inspections, staffing
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03 — HISTORY

7-year trend

$1.7M$6.1M$10.4M$14.8M2017201820192020202120222023RevenueOperating Income
YearRevenueOperating IncomeBedsMargin
2017$8.7M−$969K135-11.1%
2018$14.8M$3.5M13423.5%
2019$13.7M$3.1M13422.7%
2020$14.1M$2.7M13419.4%
2021$12.9M$2.4M13418.4%
2022−$1.2M−$2.6M134219.4%
2023$926K−$380K134-41.0%
04 — OWNERSHIP

Ownership chain

OwnerTypeOwnership %Since
NSHF OPERATIONS LLCOrganization100%—
BAUMANN, TROYIndividual40%—
HOEHN, JEFFREYIndividual40%—
MILLS, DAVIDIndividual20%—
BAUMANN, TROYIndividual——
HOEHN, JEFFREYIndividual——
HOEHN, JEFFREYIndividual——
NORTH SHORE HEALTHCARE LLCOrganization——
ACQUISITION SIGNALSDeclining margins