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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 555069 · FY 2023

WESTERN CONVALESCENT HOSPITAL

LOS ANGELES, CA 90018 · Fiscal year ending 2023-12-31

129 bedsSNF
$587K
TOTAL REVENUE
−$522K
OPERATING INCOME
-88.9%
OPERATING MARGIN
129
TOTAL BEDS
266
DISCHARGES
01 — FINANCIAL

Financial summary

Net patient revenue
$587K
Total costs
$1.1M
Operating income (rev − costs)
−$522K
Operating margin
-88.9%
Total charges
$5.9M
02 — UTILIZATION

Utilization

Total beds
129
Total inpatient days
38,739
Medicare days (Title XVIII)
1,861
Medicaid days (Title XIX)
31,557
Total discharges
266
CROSS-REFERENCE

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04 — OWNERSHIP

Ownership chain

OwnerTypeOwnership %Since
THE AARON FRIEDMAN GROUP A BUSINESS ASSETS TRUSTOrganization20%—
THE IRA DAVID FRIEDMAN GROUP A BUSINESS ASSETS TRUSTOrganization20%—
THE LIBBY FRIEDMAN LEHMANN GROUP A BUSINESS ASSETS TRUSTOrganization20%—
THE RUCHEL FRIEDMAN KLAVAN GROUP A BUSINESS ASSETS TRUSTOrganization20%—
CAMANAG, EMMAIndividual——
EXCONDE, SUSIEIndividual——
FRIEDMAN, IRAIndividual——
KLAVAN, JOSHUAIndividual——
PALANA, CESARIndividual——
ACQUISITION SIGNALSDeclining margins
03 — HISTORY

7-year trend

$3.3M$7.5M$11.7M$15.9M2017201820192020202120222023RevenueOperating Income
YearRevenueOperating IncomeBedsMargin
2017$14.9M$2.0M12913.5%
2018$15.8M$2.4M12915.0%
2019$15.5M$2.1M12913.3%
2020$15.9M$1.2M1297.6%
2021$14.9M$768K1295.2%
2022−$4K−$934K12921206.8%
2023$587K−$522K129-88.9%