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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 525455 · FY 2023

RIVERSIDE

LA CROSSE, WI 54650 · Fiscal year ending 2023-12-31

123 bedsSNF
$963K
TOTAL REVENUE
−$324K
OPERATING INCOME
-33.6%
OPERATING MARGIN
123
TOTAL BEDS
171
DISCHARGES
01 — FINANCIAL

Financial summary

Net patient revenue
$963K
Total costs
$1.3M
Operating income (rev − costs)
−$324K
Operating margin
-33.6%
Total charges
$2.5M
02 — UTILIZATION

Utilization

Total beds
123
Total inpatient days
34,834
Medicare days (Title XVIII)
2,902
Medicaid days (Title XIX)
16,149
Total discharges
171
CROSS-REFERENCE

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ACQUISITION SIGNALSDeclining margins
03 — HISTORY

7-year trend

$2.6M$5.5M$8.4M$11.3M2017201820192020202120222023RevenueOperating Income
YearRevenueOperating IncomeBedsMargin
2017$9.9M$307K1233.1%
2018$10.4M$802K1237.7%
2019$11.3M$1.1M1239.7%
2020$11.1M$557K1235.0%
2021$11.1M$97K1230.9%
2022$851K−$268K123-31.5%
2023$963K−$324K123-33.6%
04 — OWNERSHIP

Ownership chain

OwnerTypeOwnership %Since
BOWEN, EDWARDIndividual——
BREMER BANK NATIONAL ASSOCIATIONOrganization——
BREMER BANK NATIONAL ASSOCIATIONOrganization——
FLANAGAN, MICHAELIndividual——
GARVES, TODDIndividual——
GOGBILL, ELIZABETHIndividual——
HANSEN, PETERIndividual——
HAVENS, SARAHIndividual——
MERCHANTS BANK, N.A.Organization——
MERCHANTS BANK, N.A.Organization——
MUDLER, LEAHIndividual——
O'FLAHERTY, SEANIndividual——
ROBINSON, JOHNIndividual——
SENZIG, PATRICKIndividual——
STRANGMAN, ANGELAIndividual——
WILSON, TODDIndividual——
ZOELLNER, JOSEPHIndividual——