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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 555365 · FY 2023

GOLDENSTAR HEALTHCARE INC.

RIVERSIDE, CA 92505 · Fiscal year ending 2023-12-31

75 bedsSNF
$1.7M
TOTAL REVENUE
−$731K
OPERATING INCOME
-41.9%
OPERATING MARGIN
75
TOTAL BEDS
574
DISCHARGES
01 — FINANCIAL

Financial summary

Net patient revenue
$1.7M
Total costs
$2.5M
Operating income (rev − costs)
−$731K
Operating margin
-41.9%
Total charges
$5.5M
02 — UTILIZATION

Utilization

Total beds
75
Total inpatient days
24,113
Medicare days (Title XVIII)
9,417
Medicaid days (Title XIX)
7,943
Total discharges
574
CROSS-REFERENCE

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HCRIS.io
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CareLens
CMS quality ratings, inspections, staffing
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03 — HISTORY

6-year trend

−$2.3M$812K$4.0M$7.1M201720182019202020222023RevenueOperating Income
YearRevenueOperating IncomeBedsMargin
2017$6.5M−$5.5M75-84.8%
2018$7.0M−$5.1M75-73.6%
2019$7.1M−$4.5M75-63.6%
2020$6.8M−$5.3M75-77.4%
2022$1.4M−$1.7M75-123.5%
2023$1.7M−$731K75-41.9%
ACQUISITION SIGNALSHigh census (stable)
04 — OWNERSHIP

Ownership chain

OwnerTypeOwnership %Since
FLAGSTONE HEALTHCARE CENTRAL LLCOrganization100%—
THE ENSIGN GROUP INCOrganization100%—
BURNAM, SOONIndividual——
FITCH, CRAIGIndividual——
LEET, RYANIndividual——
LEET, RYANIndividual——
SCOTT, MATTHEWIndividual——
WILLITS, ADAMIndividual——