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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 555856 · FY 2023

PENINSULA POST-ACUTE

BURLINGAME, CA 94010 · Fiscal year ending 2023-12-31

62 bedsSNF
$5.0M
TOTAL REVENUE
$92K
OPERATING INCOME
1.8%
OPERATING MARGIN
62
TOTAL BEDS
943
DISCHARGES
01 — FINANCIAL

Financial summary

Net patient revenue
$5.0M
Total costs
$4.9M
Operating income (rev − costs)
$92K
Operating margin
1.8%
Total charges
$9.5M
02 — UTILIZATION

Utilization

Total beds
62
Total inpatient days
22,059
Medicare days (Title XVIII)
11,131
Medicaid days (Title XIX)
—
Total discharges
943
CROSS-REFERENCE

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ACQUISITION SIGNALSHigh census (stable)
03 — HISTORY

6-year trend

−$1.0M$3.1M$7.2M$11.3M201720182019202020222023RevenueOperating Income
YearRevenueOperating IncomeBedsMargin
2017$10.6M−$294K62-2.8%
2018$10.6M−$298K62-2.8%
2019$11.3M−$358K62-3.2%
2020$7.1M−$5.2M62-72.9%
2022$4.2M$102K622.4%
2023$5.0M$92K621.8%
04 — OWNERSHIP

Ownership chain

OwnerTypeOwnership %Since
PROVIDENCE GROUP NH, LLCOrganization100%—
APT, FREDERICKIndividual——
HANCOCK, MARKIndividual——
HANCOCK, MARKIndividual——
JERGENSEN, JOSHUAIndividual——
MITCHELL, HUNTERIndividual——
MITCHELL, JOHNIndividual——
MURRAY, JASONIndividual——
PACS GROUP, INC.Organization——
PACS HOLDINGS, LLCOrganization——
PATEL, ADITIIndividual——